Gold IRA Investing

To get a start on gold IRA investing first inquire if your IRA agent can insert gold into your existing IRA account. A few plans may not have this ability to do so. In this scenario, you will have to start a new gold-silver IRA.

Choose a gold-silver IRA plan that is created by a agent who has a lot of practice with dealing in gold. In gold IRA investing you can add gold to all types of IRAs, as well as traditional, Roth, simplified employee pension (SEP) and simplified incentive match plans for employees (SIMPLE).

Present paperwork to the new gold IRA investing agent to start your gold-silver IRA account. This includes a storage space charge for the gold coins you will hold in your account. Following IRS rules, the gold must be stored at an accepted bank, which is in a separate site from your IRA's caretaker’s location.

Next relocate funds from your existing IRA to fund the new gold account. Request a tax professional for assistance with moving over funds if required.

Make a decision whether to purchase gold coins or gold mining stock and request your IRA agent to make the purchase for you.