When it comes to gold investment companies, what should you look for? You are looking for gold investment companies that will be there for you every step of the way, from acquisition to liquidation or simply to give you reliable financial market updates.
Many investors know gold is a “safe haven” asset. Especially in times of economic and political instability, gold is expected to keep or increase in value during market fluctuations. If you are wanting to retire within a few years, a quick drop in the stock market could severely affect your plans. As a haven, gold diversifies your portfolio beneficially in times of market volatility. Gold and other precious metals can be part of your retirement assets in an IRA.
What is a Gold IRA and How Does it Work?
You can create an IRS-approved Gold IRA that lets you physically own precious metals in the form of coins or bars held for your benefit by an IRS-approved custodian. This gives you control of your retirement fund.
The account uses under the same tax laws as other IRAs. The contributions you make are deducted from your federal income tax. You do not pay taxes on the funds in your IRA until you withdraw them. Your Gold IRA can be funded with cash or a rollover of your existing retirement account.
For more information on how to get started on your own Gold IRA and to request your free investor kit, visit Orion Metal Exchange online at https://orionmetalexchange.com/ or call (800) 599-0088 for expert advice.