Today’s financial landscape looks a lot different than just ten years ago. In the past, having a retirement account like a 401k or IRA was enough to save for the future and ensure that you had enough money to live comfortably. However, the financial meltdown of 2008 left most retirement accounts barren and many people scrambling to figure out how they will be able to retire. Younger people are skeptical about putting their money into retirement savings accounts, leaving them ill-prepared for the challenges that their retirement years will throw at them. However, there is a solution that can help more people save for retirement and protect their investments from future financial loss: gold IRAs. In 1997, Bill Clinton signed the Tax Relief Act that allowed investors to invest in gold, which historically increases in value as the stock market decreases in value.
Getting a gold backed IRA is easier than you might think.
HOW TO Start a Gold IRA
Goldco Precious Metals has some of the most highly trained gold backed IRA specialists in the industry. Simply call an account executive and open a gold IRA right over the phone. The account executive will walk you through the steps and collect the information they need to get your account opened with a qualified gold IRA custodian. Then you will simply need to wait for a couple of days for your account to open and become available for funding.
Next, you will need to fund your account. You have a couple of options for funding your new gold IRA. First, you can simply make a deposit into your gold IRA from any one of your bank accounts. Or, you can fund your account with no money out of your pocket by rolling over an existing IRA or 401k. This process will not result in early withdrawal penalties or have a negative impact on your taxes. It simply moves your retirement balance from one retirement account to another. .
After the account has been funded, the friendly account executives at Goldco Precious Metals will help you begin exchanging your traditional, paper backed investments for actual gold. You don’t have to exchange all of your paper backed assets. You can choose the right mix for your situation. If you are unsure, your account executive can help you make the right decisions to help you reach your retirement savings goals.
If you are ready to make the move to a retirement account that can grow like a traditional IRA or 401k when the markets are good, but have the power to protect the value of your portfolio when the markets aren’t so good, it’s time to call the professionals at Goldco Precious Metals today and start a gold IRA. For more information, please visit http://goldcopreciousmetals.com/gold-ira.
Start a gold IRA with the help of Goldco Precious Metals and watch your savings grow at a rate you never thought possible. Call or click today to learn more.