Top 2 Reasons To Store Gold In An IRA – Benzinga

More investors are allocating their funds to precious metals like Gold and Silver. Yes, it can be easy to invest in these assets by buying bars and coins online.
But, it’s also easy to store these assets, considered to be inflation hedges, in an IRA.
 
 
With IRAs, you can choose to have these accounts as pre tax or Roth (post tax). A pre tax account can give you upfront tax deductions and let the funds grow tax deferred. With Roth IRAs, you’d contribute precious metals that have already been taxed in exchange for tax free growth.
High inflation and the multi uses of precious metals will make them in higher demand, leading to higher prices/capital gains.
 
 
The right precious metals IRA custodian also protects and safeguards your precious metals on your behalf for a monthly fee. Also, the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) of 2005 gives federal protection to IRAs up to $1 million in the case of bankruptcy.
Any investor including those just starting out to multimillionaires and even celebrities can benefit from precious metals IRAs. Football legend Joe Montana and former tv personality Bill O'Reilly both have these accounts.
Joe likes Augusta Precious Metals, which makes it easy to set up one of these accounts in just 15 minutes.
Bill recommends American Hartford Gold, which offers a 100% FREE IRA rollover. This offer also includes FREE storage, maintenance and insurance for 3 years.
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