Based on your investment goals and objectives, an Individual Retirement Account (IRA) could be an excellent option. Now, based on your preferences, there are different types of investments your IRA can hold. For example, if you’re considering an alternative option, a Precious Metals IRA might fit your goal.
While the common investments for an IRA account include stocks, mutual funds, and bonds, you may not be aware that you have more control over a self-directed IRA. This allows you to choose what you invest in. For example, you can invest in multiple asset classes including precious metals.
Since 1975, individuals have been allowed to invest in gold and silver through self-directed IRAs. Also known as a Precious-Metals IRA, this self-directed IRA account gives you the flexibility to invest in both precious metals and traditional bonds, etc.
There are three major benefits of setting up this type of IRA.
Our Account Executives will assist you with your entire Gold IRA application process.
We then get in touch with your current IRA provider to expedite the tax-free rollover of part or all of your retirement assets in the rollover account. The transfer of assets can take up to 5 business days, depending on your current IRA custodian.
The funds are usually transferred via bank wire, and once they have been deposited into your Gold IRA account, you are ready to enjoy the security and safe haven appeal of precious metals.
It generally takes one business day to open your Gold IRA and receive your new account number. The time it takes to transfer funds depends on your current IRA custodian but usually averages one-five business days.
There are two tax-free and penalty-free ways to transfer money between retirement accounts: the 60-day rollover option and the trustee-to-trustee transfer.
If you use the 60-day rollover option, your current IRA provider mails a check to your home address. You then simply mail the check to American Hartford Gold Group .
There are no taxes or penalties incurred if you send the check to us and it is deposited into your account within 60 days. Thetrustee-to-trustee process moves your retirement monies from your current IRA provider directly to us so we can get it into your account the quickest way possible.
Our Account Executives will work closely with you to make the transfer process seamless and we will do all of the work to ensure you have no worries.
The government does not allow you to place your personal precious metals into your IRA. Yourmetals
must be funded via a bank transfer or put into the account from another IRA.
No, Premier will assist every step in the way of the easy process. You only need to provide your basic contact information and the contact information for one other beneficiary you’d like to list on your account. We accept forms via mail, fax, or email—whichever is easiest for you. In addition, we also use DocuSign to capture electronic signatures making the application process even easier; this means that you don’t have to print anything out.
Individuals older than 50 can contribute up to $7,000 per year.
You can liquidate your Gold IRA account and take physical possession of yourmetals at any time, but be mindful of the tax consequences. Doing this before age 59.5 can have serious consequences for your retirement balance.
There may be tax implications and penalties, so you should consult with a qualified tax advisor before making any decision.
We can arrange secure shipping or assist you in liquidating your precious metals for cash. Your distribution can be wired into your chosen bank account or we can mail a check to you. It doesn’t take long to process your distribution and the funds will be sent out right away.
Please remember that all IRS rules apply, which could mean facing penalties and taxes upon withdrawal before age 59 ½, and that we recommend holding precious metals for five – ten years.
Once you retire (after 59.5) or reach the age when you start taking mandatory distributions, you can choose to either receive the actual physical metals or liquidate the appropriate amount based on current IRS rules.