>> CLICK HERE << Get A FREE Copy Of My Special Report
“Can Your Retirement Survive” Today!
We Even Pay For Shipping & Handling!
|Click Here To Request Your FREE IRS Loophole Guide|
Get Your FREE Gold IRA Rollover Guide Here ► http://GoldcoIRAGuide.com
Protect Your Retirement Savings with a Precious Metals IRA (FREE guide above)
Share this video here:
How to Place Physical Gold in an IRA
1. CHOOSE THE TYPE OF SELF-DIRECTED IRA
The type of self-directed gold IRA you set up will be dependent on how you want to fund your IRA. Most investors will choose to open a Traditional gold IRA, so that they can invest with pre-tax dollars or roll over funds from existing retirement accounts. Investors transferring or rolling over funds from a Roth account will need to choose a Roth gold IRA. You can also open a Roth gold IRA if you want to do a Roth conversion.
2. DECIDE ON A FUNDING SOURCE
When funding your gold IRA, you can use cash or roll over funds from a 401(k), 403(b), 457(b), or TSP plan. You also have the option of transferring funds from a Traditional IRA, Roth IRA, SEP IRA, or SIMPLE IRA.
Be sure to check with your tax advisor before making any changes to see if there are tax implications and confirm that your current retirement accounts allow transfers or rollovers.
3. CHOOSE A QUALIFIED SELF-DIRECTED GOLD IRA CUSTODIAN
Gold IRA assets need to be stored with a custodian per IRS regulations. Working with precious metals investing experts, like those at Goldco, will help you find a custodian experienced with gold IRA investing to make sure your investments are made properly.
4. FUND YOUR SELF-DIRECTED GOLD IRA
If you’re rolling over, you’ll sell assets in your current retirement accounts and roll them over into your gold IRA. It’s very important to work with gold IRA specialists to make sure that the rollover process adheres to all IRS regulations. If done incorrectly, there may be tax liabilities. After funds are rolled over, you can begin investing in gold.
5. SELECT YOUR METALS
Now that your self-directed gold IRA is funded, it’s time to choose which gold coins or bars you want to invest in. Remember to check if your gold is eligible based on the IRS Codes. Collectibles like coins, stamps, antiques, and artwork are not eligible, with some exceptions for gold IRA coins.
Choose gold dealers that have at least 5 years of industry experience to avoid counterfeit products. Every mint keeps records of the coins they produce, which will help prevent you from purchasing a counterfeit product.
Safeguard Your Retirement with Precious Metals
Get your FREE Gold IRA Rollover guide below:
self directed gold IRA
Gold IRA Rollovers
Gold IRA Rollover Reviews 2021
This post contains affiliate links. If you use these links to buy something we may earn a commission. Thanks.”