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Welcome to Gold IRA revolver

What is a Gold IRA?

A Gold IRA functions in the same exact capacity as your current IRA, only instead of holding paper assets it is able to hold physical gold coins or bars. Many of our clients believe gold is a long-term hedge against inflation and wish to add it to their retirement portfolio. Your gold will be kept in an IRS-approved depository until you reach retirement, at which time you can have your metals shipped directly to you or sold for cash at any time. Once your gold-backed IRA is opened, you will still receive your statements; however, rather than being invested in mutual funds or stocks, you will have physical gold coins and bars stored in a specialized depository. The Gold IRA rollover process is a 100% tax-free transaction.

What is a Self-Directed IRA?

The main way investors can own gold in their IRA is through a self-directed IRA. A self-directed IRA gives you the power to decide exactly what you invest in. Self-directed IRAs allow individuals to safely own physical precious metals along with stocks, bonds, mutual funds, real estate, and more in a tax-deferred account. Whether you choose gold, silver, platinum, or palladium, the physical asset is safely stored in a specialized depository.

A “Hassle-Free” Gold IRA Rollover

When working with American Bullion, the process of adding gold or other precious metals to your current IRA is a simple, hassle-free transaction. You can choose to transfer your entire IRA, or a portion of it, into a new Self-Directed Gold IRA – however, American Bullion believes customers should invest no more than 20% of their available investment funds in precious metals. This common practice is known as a “direct rollover” or a “direct transfer.” It is a tax-free transaction, meaning the IRS allows you to move funds out of one IRA into another IRA free of tax penalties.

Many individuals also have old 401(k) accounts or other types of retirement plans from previous employers such as a 403(b), 457(b), Thrift Savings Plan (TSP), annuity, or pension plan. These plans can be converted tax-free into a Gold IRA by requesting a rollover. In most instances, one simple phone call will allow the current custodian of your former 401(k) plan to release these funds directly into your new gold bullion IRA. To learn if your current retirement account is eligible, call 1-800-326-9598 to speak with one of our specialists.

Which Accounts Can I Roll Over to a Gold IRA?

A Gold IRA rollover is ideal for clients who currently own a Traditional, Roth, SEP, or Simple IRA. Other types of accounts that may also be eligible include a 401(k), 403(b), 457(b) Deferred Compensation Plan, Pension Plan, Thrift Savings Plan, TIAA CREF, Non-Prototype IRA, and Beneficiary IRA.

Why Gold? #1: The Stock Market vs. Gold

When it comes to retirement, you want to make sure your money is there for you. To better understand this concept, watch this video. Many of American Bullion’s clients contact us because they want to protect their retirement by diversifying their portfolio with precious metals. Clients often believe the stock market is overvalued and have the sentiment that a bubble in the stock market may burst soon, decreasing their portfolio value.

Why Gold? #2: Inflation and the Value of Gold

Inflation is a nasty word because it erodes the purchasing power of the U.S. dollar. It means that the consumer goods we buy on a day-to-day basis, such as food and gasoline, require more dollars each year to buy. In the year 1920, a 1 oz gold coin and a $20 bill were worth the same. At that time, they both would have bought a man a custom-tailored suit. However, after inflation, that 1 oz gold coin can still buy a custom-tailored suit but the $20 bill cannot.

Many investors are waking up to the fact that over time the dollar has consistently lost purchasing power due to the government’s Quantitative Easing (QE) programs. Think of gold as a long-term growth vehicle. Investors turn to gold because they plan on holding it to keep pace with inflation.

Why Gold? #3: The National Debt and Gold Values

Inflation combined with Social Security and Medicare needing further bailouts all add up to one thing: the national debt is expected to keep growing. At current levels many believe the national debt has become unstable and unmanageable, which may result in panic setting into the market, creating market uncertainty. Physical assets like gold have often been viewed as independent of market cycles and a hedge against market uncertainty.

Because of the continued money printing happening in this country, many believe the devaluation of the U.S. dollar and inflation are going to cripple retirement plans. Our clients believe that the best way to protect their wealth is to open a Gold IRA.

If you’re still not convinced, take a look at our infographic for more information about gold ira.