Gold and Silver IRA
A Gold and Silver IRA is very similar to a Traditional IRA or 401(k). There are many reasons to hold precious metals like gold and silver in your self-directed IRA.
Here are just a few:
- Diversification – Savvy investors understand the need to diversify outside of traditional debt-backed investments such as stocks and bonds. Having a precious metals IRA allows investors to diversify and protect their savings against today’s volatile economic environment.
- Owning gold and silver – There are many investors that “invest” in gold and silver, but few who actually own the physical precious metals. Owning mining stocks, ETF’s, futures, or options is not the same as owning the physical metal itself. Many of these financial instruments are leveraged to the point where it would be impossible to physically deliver the gold or silver if requested. With a gold and silver IRA, you have the assurance that only physical possession can provide.
- Protection against currency devaluations – Since the U.S. Federal Reserve was created in 1913, the U.S. dollar has been devalued by roughly 97%. If you only hold stocks, bonds, and mutual funds in your IRA, you are not protected from a falling dollar. Whereas, if you have a precious metals IRA, you will hold the best form of protection against a depreciating dollar.
- Tax-free Savings – IRA’s are tax-free and for most plans there is no penalty to rollover your existing 401(k), 457(b), 403(b), or to transfer a traditional IRA into a precious metals IRA. You will also have the option to switch from a traditional to a Roth account, which can have tremendous tax savings for the right investor.
After a lifetime of hard work, you deserve peace of mind, so call a Berkshire Gold Direct specialist today at 1.800.614.8221 and ask them how to protect your purchasing power with a physical gold and silver IRA.
“Your Essential Guide to Precious Metals”
Consider a $0 Fee Precious Metals IRA from Berkshire Gold Direct
Take advantage of Berkshire Gold Directs $0 fee Gold & Silver IRA. Just fund your accounts by 12/01/2016 and we will refund all of your first year fees.