Author: Luke Georg

This covers all account management activities, such as processing account statements and keeping account records. Gold IRAs charge annual maintenance fees that exceed setup and administration costs. The administrative fee covers various…

Large, conventional brokerage firms don’t offer gold IRAs. Instead, you must work with a custodian bank that specializes in managing gold IRAs. Custodian banks help you manage the paperwork and tax reporting…

There is usually no minimum investment and the advertiser shows you how to open the account and transfer your existing IRA or 401 (k) to it. The company then helps you convert…

A gold IRA is a type of SDIRA that allows retired investors to invest in physical gold. SEP Gold IRAs are IRAs set up by an employer or self-employed person. Like a…

There is no age limit for contributions to Roth or to individual retirement accounts (IRAs). Instead, you must add money to your IRA and then have your IRA custodian use those funds…

A gold IRA must be kept separate from a traditional retirement account, although the rules, which include things like contribution limits and distributions, remain the same. Investors can open gold IRAs through…

A gold IRA can be a traditional IRA, a ROTH IRA, a SEP IRA, a SIMPLE IRA, or an inherited IRA that is self-managed and owns IRA-eligible physical gold coins or gold…

Thankfully, a SEP IRA can help. This unique type of retirement account is primarily used by freelancers, contractors, and small business owners (and those who work for them). The account can even…

Self-directed gold IRAs Many traditional brokerage firms don’t allow you to invest in gold through your Roth IRA. There is an alternative approach called a self-directed IRA. Standalone IRA custodians can help…

Luckily, an existing 401k can be converted into gold IRA or other precious metal IRA. However, it’s not a card without leaving jail, and you’ll still have to pay your taxes without…