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Inflation.

It’s is the main driver that reduces the value of the DOLLAR

That means that by the time you retire at age 60 or 70, the money you have accumulated could be worth LESS

To hedge against inflation, the best way to retain the value of your hard-earned money is to invest it into something productive that will yield returns well into your retirement years.

After all, if (and when) the dollar collapses, do you trust the banks to protect your wealth?

Today my aim is to walk you through the Gold IRA Rollover process, wherein you open a self-directed IRA that will be used to invest in Gold..

Why Should You Rollover From an Existing IRA or 401k Into A Gold IRA?

Investing in gold has some specific properties that make it attractive to those saving for retirement.

Gold preserves its value over time.

A gold bar minted a hundred years ago would be worth thousands of dollars if melted down and sold today.

Because of the way it retains value, gold is protected against inflation, and unlike stocks or bonds, its value does not fluctuate widely. In fact, with gold mining slowing down, the value of gold is only expected to rise.

Gold’s liquidity is also an attractive quality for many investors. If you have an emergency, withdrawing money from your 401k means getting hit with a hefty tax penalty.

On the other hand, many gold IRA custodians have a buy-back option, in which they will purchase your gold from you at a fair price.

A gold IRA also has tax benefits. The highest tax bracket on a 401k is 39.6%. Since the IRS considers gold a collectible, with a gold IRA, you will only be taxed 28% on your capital gains.

How to Pick a Reputable Custodian for Your Gold IRA Rollover

Here are some things to look for when choosing a Custodian:

1. The company should have expertise in IRAs, as well as gold IRAs.

2. The company should be accessible and easy to reach. If you have questions, you should be able to get an answer in a timely manner.

3. The fee structure should be clear and low. Be cautious of companies that only charge a flat fee, as there may be a multitude of hidden costs.

4. The delivery times should be prompt, and there should be guarantees of reimbursements for late deliveries.

5. Your gold should be stored in a separate storage facility, in an area assigned with your name on it.

6. Avoid companies that seem to want you to buy certain coins or products.

7. The company should offer a fair value for your gold if you want to sell it back.

8. The firm should be reputable. Check the Better Business Bureau. Don’t just look at the rating: pay attention to what complaints have been lodged and how the company has handled them.

As mentioned before, gold must be stored with a custodian firm.

Because gold IRAs are a relatively new investment option, established in 1997, there are new companies providing an all-in-one service.

For me, Advantage Gold is your best bet..!

With nearly 600 verified happy customer reviews, flat setup fees, an easy buyback scheme and safe storage for your precious metals, they truly are the best in the business!

You can click the link in the description to get their Free Gold IRA Guide and get started today.

Is Now a Good Time For a Gold IRA Rollover?

Unlike stocks, gold does not depreciate in value.

No matter what state the economy is in, there will always be ready buyers of gold. World economies always have gold bars on hand to match the money that is being circulated in the market.

Unlike other investments, such as stocks or real estate, timing is not the issue. If you think investing in gold is right for you, now is as good a time as any.

Final Thoughts

Here at Personal Income, we’ve been advising our readers to diversify their retirement wealth in gold for years.

If you had taken our advice to rollover your IRA to Gold in late 2016 when Gold was $1200 an ounce, your retirement gold would now be touching nearly $1700 an ounce as of May 2020.

In the United States you can legally rollover your IRA or 401k into a gold IRA and your custodian firm of choice will help with the paperwork involved and process of purchasing gold after you enroll with them (buying, storing, and updating you on your gold purchases) to save you the headache.

That’s all from me today, please subscribe for more….(read more)

LEARN MORE ABOUT: Precious Metals IRAs

HOW TO INVEST IN GOLD: Gold IRA Investing

HOW TO INVEST IN SILVER: Silver IRA Investing

REVEALED: Best Investment During Inflation

If you’re looking to diversify your retirement portfolio and protect your savings from market volatility, a Gold IRA rollover might be a smart move. With the value of paper currencies fluctuating and economic uncertainty looming, many investors are turning to the safety and stability of precious metals such as gold and silver.

A Gold IRA rollover allows you to transfer funds from your existing 401(k) or IRA into a self-directed IRA that allows for investment in precious metals. This gives you the flexibility to hold physical gold and silver in your retirement account, providing a hedge against inflation and market downturns.

So, how do you go about rolling over your 401(k) or IRA into a Gold IRA? Here are the steps to follow:

1. Find a reputable precious metals dealer: Look for a company that specializes in Gold IRA rollovers and has a solid track record of customer satisfaction. They should offer a range of precious metals investment options and have the expertise to guide you through the rollover process.

2. Open a self-directed IRA: Once you’ve chosen a precious metals dealer, you’ll need to open a self-directed IRA with a custodian that allows for investment in physical gold and silver. Your chosen dealer should be able to assist you with this process and recommend a trusted custodian.

3. Initiate the rollover: Contact your current 401(k) or IRA custodian and request a direct rollover of funds to your new self-directed IRA. This will ensure that the funds are transferred directly from one custodian to another, avoiding any potential tax implications or penalties.

4. Choose your precious metals: With your new self-directed IRA established, you can work with your precious metals dealer to select the gold and/or silver coins or bars that you want to hold in your retirement account. Your dealer should offer a range of options to suit your investment goals and risk tolerance.

5. Complete the purchase: Once you’ve made your selection, your precious metals dealer will handle the purchase and storage of your chosen assets in a secure, IRS-approved depository. This ensures that your investment remains compliant with IRS regulations and is protected from theft or damage.

By following these steps, you can take advantage of the unique benefits that a Gold IRA rollover can offer. With physical gold and silver in your retirement account, you’ll have a tangible asset that can provide stability and security in the face of economic uncertainty. Plus, precious metals have a long history of preserving wealth and offering a hedge against inflation, making them a valuable addition to any retirement portfolio.

Before proceeding with a Gold IRA rollover, it’s important to consult with a financial advisor and thoroughly research the potential benefits and risks of precious metals investing. While gold and silver can offer diversification and protection, they can also be subject to price fluctuations and storage costs. By working with a reputable dealer and maintaining a diversified portfolio, you can make informed decisions about how to best safeguard your retirement savings with precious metals.