Following the successful completion of a rollover to a gold or silver IRA, you will be able to make annual contributions to your account by buying coins or bars. Those who are under the age of 50 are allowed to save up to $6,000 each year, while those who are beyond the age of 50 have a greater maximum of $7,000 per year.
If you have concerns or questions concerning the rollover process for a gold IRA and are interested in learning more about it, don’t be hesitant to get in contact with one of Goldco’s Gold IRA experts. Requesting a free copy of the self-directed IRA guidebook from the website gives you the opportunity to get further information on the process of starting or moving to a Gold IRA, as well as funding the account and the various coins and bars to which you have access.
The Pros
Goldco’s Gold IRA professionals are experienced and readily accessible to guide you through the steps involved in rolling over your existing IRA.
If you have an existing retirement plan, you may enhance your financial security by converting it into a Gold IRA with Goldco. This can shield you from the effects of a turbulent stock market.
A gold individual retirement account will provide you with the same tax benefits that a standard IRA does.
APM
Augusta PM is yet another excellent choice to consider while searching for the most reputable IRA rollover firm. The year 2012 marked the beginning of operations for this business, which has since established a track record of excellence in the sector of gold investing. They have received extremely good evaluations from customers on Google, Linkedin, and other rating sites. They have been given a rating of Triple A from the Business Consumers Alliance, an A+ rating both from BBB, and both of these ratings have received very high marks.
Your current retirement account may be rolled over into a Physical Gold IRA with the assistance of APM. This will allow you to enjoy all of the advantages of investing in precious metals while also benefiting from the tax advantages that are connected with an IRA.
The Augusta Precious Metals Company
The process of converting an existing retirement plan into a gold individual retirement account (IRA) is one that APM works hard to simplify as much as is humanly possible. Click here to read more on the types of Individual Retirement Accounts recognized by the IRS. You’ll work with a self-directed IRA custodian to set up and fund your new account. IRA custodians have the expertise and training to answer any concerns you may have and ensure that the process of transferring your IRA is carried out without a hitch, preventing you from incurring any fines from the Internal Revenue Service (IRS).
Then, a knowledgeable member of the APM team will assist you, together with one of their colleagues, in selecting the coins or bars that you would want to add to your account.
APM is proud to provide a variety of IRS-approved coins, including the following:
- Gold Coins of the American Buffalo
- Gold Coins of the American Eagle
- Proofs of the Gold American Eagle
- Gold Coins of the Canadian Eagle
- Coins with the Canadian Maple Leaf made of gold
- Coins of the American Eagle made of silver
- Coins with the Maple Leaf of Canada plated in silver
- Coins of the Canadian Soaring Eagle made in silver
- Coins featuring the Canadian Silver Eagle with a Nest
It is possible to feel somewhat confused while attempting to establish with the Best Gold IRA Investment companies whether or not your retirement account is qualified for a rollover into a gold IRA since certain retirement accounts are ineligible for the rollover. Whether you have questions, a staff member can help you determine if you can rollover your account.
Gold IRA precious metals must be stored at a depository certified by the IRS, so you cannot personally own any gold or silver. APM does, however, provide customers with a variety of safe storage choices that are on the list of those allowed by the IRS. Any of these facilities will provide you with first-rate protection and insurance for your precious metals to ensure their safety. There are many different storage facility sites, some of which are as follows: Delaware, Wilmington, Delaware; Jackson, Ohio; New York, New York; California; and Nevada.