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A gold IRA is an Individual retirement account in which physical gold or other approved precious metals are held. The best part about it? You don’t need any extra space for your retirement savings!
It works similarly to the traditional IRA only with one big difference; instead holding paper assets, this type of plan stores its reserves securely by keeping them as actual metal bars (i.e., if you had $10,000 worth when starting out then now there would probably around 3kg).
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