What are Gold and Silver IRAs?
When you back an IRA with either gold or silver (or both), you are making the decision to protect your retirement funds against the types of fluctuations in the market that could have serious implications for your overall portfolio. A precious metals IRA is a self-directed, IRS-approved retirement account backed by physical gold, silver or other metals, such as platinum or palladium.
Why Should You Get a Precious Metals IRA?
Add stability to the mix. Including gold and other precious metals in your portfolio lowers your risk by diversifying from paper assets, protecting you from the uncertain economy and inflation. Through turbulent times, such as an economic downturn, gold and other precious metals retain value and are trusted to strengthen and secure wealth, where paper assets may not.
Benefits of Gold and Silver IRAs
- Diversification - Crucial to every person's portfolio, especially when it comes to retirement savings. Gold and silver IRAs allow you to hold assets that are rarely found in employer-sponsored 401(k)s and conventional IRAs. This means you can greatly diversify your holdings, rather than keeping all your eggs in one "paper" basket.
- Growth Potential - Aside from the security, many people purchase gold and silver specifically for their growth potential, which isn't affected by the same forces as those in the stock market. As finite resources, gold and silver have inherent value and an ever-increasing global demand.
- Tax Benefits - Keep in mind that a Precious Metals IRA comes with the same tax benefits as a conventional IRA. The biggest difference is that you can maintain those tax benefits while experiencing all the other benefits of purchasing precious metals.
Want More Information on Precious Metal-Backed IRAs?
Enter your information for a Free Precious Metals IRA Guide to help you decide if diversifying your retirement funds with a Precious Metals-backed IRA is right for you.
Why Should You Trust Rosland Capital With Your Precious Metals IRA?
Rosland Capital, a premier precious metals asset firm, is your gold, silver, platinum and palladium resource. Founded on honesty, high-quality customer service and public education, Rosland Capital exists to educate you on the benefits of strengthening your assets by including gold and other precious metals products.