At SBC, we know that stocks and bonds can be among the riskiest investments you can make. And when you’re investing for your future through a traditional IRA, risk is not a good feeling. With a precious metals IRA, you can harness the benefits of gold and investments in the form of a retirement fund.
A precious metals IRA allows you to buy and sell gold, silver and other precious metals in a special custodial IRA account, harnessing the power of your precious metal investments towards your retirement.
Learn more about how to set up a self-directed precious metals IRA by watching our step-by-step video guide above.
What Does a Precious Metals IRA Mean for You?
With a precious metals IRA, you can now transform your retirement investment into a tax-deferred asset. As of 2009, over a 12 year period, gold investments for IRA funds have increased in value 30-fold over traditional investments.
Up until as recently as 1997, the U.S. government placed restrictions on IRA investments to cash-based contributions in the form of stocks, bonds, money market funds and mutual funds. As part of the 1997 Taxpayer Relief Act, Congress issued new rules regarding the types of retirement investments that can receive tax-deferred treatments: gold, silver and precious metals in special custodial IRA accounts.
What is a Precious Metals IRA?
When thinking about retirement investments, most individuals are not fully aware of the options available to them. Investing in precious metals is the best way to increase your savings investment.
A Precious metals IRA account gives individuals the ability to hold financial assets for retirement. Precious metals IRA accounts can be made up of precious metals, such as gold, silver, platinum or palladium in the form of coins and bullion.
Read More About How A Self-Directed Precious Metal IRA Works
If you’re wondering what precious metals you can add to your IRA, here’s a list of Eligible Precious Metals for IRA