Why is gold a good investment for retirement? You may have already come across several companies marketing gold investments to you, but you are not sure if this shiny metal is truly worth it. In today’s article, I will present to you some of the reasons that gold investors cite for their choice of this asset. Read on till the end of the post, to establish whether gold is worth holding on to as a retirement investment asset. 

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Introduction 

If you are trying to see to it that your retirement investment portfolio stays in the best shape throughout your retirement years, then adding some gold to it is one of the perfect ways to meet your objectives. This shiny metal is a finite rarity that many around the world crave, and it has in its purest form, come to be perceived as a straightforward way to store one’s wealth securely over the long-term horizon.

You will actually come across well-respected investment pundits and financial advisors who always recommend that gold be included in every retirement fund owing to its unique benefits, which we shall dive into, in the next section. 

1. Portfolio diversification

Most people are gradually learning about the risks of having retirement plans that are overly focused on paper assets. Following the global financial crisis, many people have become very cautious about the type of assets that they hold in their portfolios, and are increasingly trying to add assets that protect them from the downsides of an economic downturn.

Investment theory suggests that assets such as gold provide a low or negative correlation to paper assets such as stocks and bonds. Adding gold to your retirement investment portfolio is, as such, a perfect way to balance it, as you also seek to reduce the volatility and risk associated with it.

A call to diversify your retirement investment portfolio should not be misinterpreted as a call to pour all your money into gold assets. It is advisable to hold only about 5% to 15% of your assets in gold.

How to Preserve my Wealth Through Diversification | 3 Tips

2. The low-risk bullion market is quite simple and straightforward 

There are several ways to invest in gold, but the simplest and possibly least speculative approach is to directly invest in gold bullion. Using a gold individual retirement account (Gold IRA) is one of the ways you can invest in gold bullion/physical gold. You simply need to establish contact with a gold IRA custodian for them to give you the steps you need to follow for you to have a fully operational account.

The good thing about having a gold IRA is that it allows you to also invest in other types of precious metals including silver, platinum, and palladium, but they must all be the IRA-approved variety before you can be allowed to add them to your account. 

More and more Americans are tapping into the low-risk bullion market, with the objective of safeguarding the funds that they hope to enjoy during their retirement years. 

3. Preserving your current wealth using gold as your safe haven

A retirement investment portfolio is supposed to safely grow, preserving your hard-earned capital until the time to retire comes, so that you can love the rest of your life as comfortably as possible.

Many financial advisors urge their clients to create a balanced portfolio of assets, containing a variety of assets, including:

• Few risky, high return assets 
• Property 
• Low-risk blue-chip stocks
• Low-risk assets such as precious metals ( e.g. gold)

While gold is traditionally perceived to be the oldest form of valuable money still in existence, this yellow metal, unlike paper money, cannot be printed, and hence cannot be debased. When you decide to store your wealth in gold, you are choosing to tie your money to an asset that historically holds its value safely. Physical gold, the price of which has mostly been found to rise during economic crises, has also been found to be a suitable hedge against:

• Deflation 
• Stagflation 
• Inflation
• Disinflation 
• Hyperinflation 

4. Growth

In 2001, an ounce of gold was worth about $270. As of May 2022, an ounce of gold is worth $1850+, which accounts for a price increase of about 600%. While the price of gold has not simply risen steadily ( it has had its ups and downs), one thing is certain, and that is that gold is an asset worth owning during times of economic turbulence, such as during global financial crises. It seems, at times, as if the price of gold feeds on economic calamities.

Investors seem to have rediscovered their go-to safe haven when their colleagues are trying to wrap their heads around complex investment products such as derivatives. Against the complex products, gold shines and gives investors the certainty they need to go through the tough economic seasons. 

N.B: The price of gold can be volatile over the short-term horizon, but gold has historically proven to maintain its value over the long-term horizon.

5. Gold is a finite rarity 

Gold is a necessary raw material in various industries in the world. The world craves this precious metal. Less and less of it is however being discovered and mined around the world. Even the largest producer of gold in the world, South Africa, has been experiencing a significant output of this shiny metal as time goes by.

Meanwhile, the quantity of the “above-ground” gold” is increasing by roughly 1.6% per year. Gold is, as such, a finite resource, which is something that contributes to its perceived value and assures the investors who hold it that it is an asset worth holding for their retirement. 

Frequently Asked Questions on “why gold is a good investment for retirees”

1. How do assets such as silver and cryptocurrencies compare to gold?

Between the two, silver is more similar to gold than cryptos, but the three assets share a common trait in that they are inflation hedges. This is, of course, subject to debate, but the general trend has been that these assets have a low or negative correlation to other assets. Also, while gold and silver are tangible, cryptos are much newer assets and their viability as a hedge is more on the speculative side. 

2. Is purchasing Gold stocks the same as buying physical gold?

To some extent, yes. From the average investor’s standpoint, purchasing gold shares may be similar to purchasing gold. In most cases, gold shares usually replicate the price movements of gold in the market. It is, however, important to understand that gold shares do not give you the ownership of physical gold, thus you can’t trade in the stocks for gold coins or bars. 

Also, gold shares are affected by other factors that do not affect physical gold, hence investing in them may end up giving a different result. 

3. How much gold can you purchase for retirement investment?

As much as you want to. This entirely depends on the amount of money at your disposal and the nature of your investment account. If you are using a gold IRA, the amount of gold you can purchase may be limited by the amount of money you manage to roll over into your account. 

4. How can I invest in gold for retirement?

There are many different ways to invest in gold for retirement. One of the most common ways is to open a gold IRA and add the shiny metal to your portfolio. An alternative to this approach is to purchase gold-based paper assets such as mining stocks, ETFs, and mutual funds. If you are a risk-lover, then you can try the more speculative forms of gold investments such as gold futures and options. Generally, however, investors are advised to stay away from speculative assets as they near, or during retirement. 

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I hope you enjoyed reading this article on why gold is a good investment for retirement. If you found it helpful, then go ahead and share it to your socials, so that your friends and family members can also learn a thing or two about gold investments for retirement. If you have any questions about this post, drop them in the comments section and I will get back to you ASAP.

I wish you well, 

Eric, Investor and Team Member at Gold Retired!

Is gold a good investment right now? With the current state of the global economy, one cannot help but want to think about what each asset class will do to their portfolio. In today’s post, we’ll take a deep look into what gold investments are all about and whether you can benefit from them. Let’s get into it right away.

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A Brief History of Gold Investment

Since the start of stock markets, gold has been observed to have a negative correlation with stocks and other paper assets, and a positive correlation with inflation. That said, the history of gold as a store of value goes way before the inception of stock markets. 

There is evidence that gold coins were minted and used as currency as early as 550 BC. At this time, however, gold was mainly perceived as a symbol of wealth, and this was the case long before it was used as a currency. Those who owned gold about 4000 BC were perceived as powerful and wealthy individuals. 

It was not until the late 1800s that gold made its debut in the contemporary finance industry. A significant number of nations, including the U.S., adopted the gold standard, in which the value of the currency of the day was fixed to the price of gold. 

With time, however, the gold standard was dropped and readopted in various countries, before finally paving way for the use of fiat currencies in 1971. 

During the 2008 financial crisis, experts observed that the price of gold remained relatively stagnant before it went on to rise in the following years. The spike was a result of a financial phenomenon known as Quantitative Easing by the Central Banks.  Generally, quantitative easing tends to trigger a rapid increase in the inflation rate, which in itself causes the price of gold to rise.  

The 3 Best Gold Investment Companies in 2022 [Buying Guide & Quick Review Summaries]

Why do Investors Add Gold to Their Portfolios?

Many investors in the present day world have some of their wealth in the form of this shiny metal. Why do they insist on owning gold coins and bars? Below are some of the main reasons:

1. The preservation of wealth 

Gold has, for many years, been trusted by many investors for its wealth preservation qualities. Say you had a $50 note, and your friend had a piece of gold worth $50, in 1970. If you held on to your paper money since then, then you still have the $50 note which cannot purchase as many products as it would have in the 70s.

However, things will be different for your friend since the value of gold has gone up. The piece of gold that was worth $50 is now worth over $2000, and this means that your friend would have an upper hand. As you can see, this is a very powerful secret held by secret investors who know that allocating about 5-15% of their funds to gold can be sufficient to preserve their wealth.

2. Portfolio diversification

A balanced investment portfolio ought to have assets that are negatively correlated to the stock market. Such is a financially sound strategy that helps to counter market risks and volatility many investors are exposed to today. 

3. A safe haven 

This shiny metal is a rare asset that has managed to maintain its value over the years. Beyond that, it has proven to be a useful asset during adverse economic events. Investors use it as insurance or as a safe haven during such times. 

4. A hedge against inflation 

Gold prices often go up alongside the steadily rising inflation rates, as well as the depreciation of the dollar. It is for this reason that investors tend to rely on gold to hedge their wealth so that they can avoid losing their money. 

5. Growth

As already highlighted, the value of gold has grown steadily over the years, and those who have held a portion of their portfolio in this precious metal can attest to this. A few decades ago, the price of 1 gram of gold was valued at less than $100, but in the present day, it is above $1800.

Clearly, gold presents investors with an opportunity to grow their wealth, just as is the case with other popular investments, with the only difference being that gold has other superior properties.

****Benefits Of a Gold IRA? | Top-5 Advantages To Consider!

Physical Gold as an Investment Asset

A popular gold investment product for investors of all types is gold bullion, which is just a cool name used to refer to the refined investment-grade form of gold. Investors purchase gold bullion in the form of bars, ingots, and coins, from authorized precious metal dealers.

You can find reliable dealers in your city ( after which you can make your way into their physical stores), or you can check out the offers put up on e-commerce sites owned by companies that have built themselves a good reputation in the industry. 

Buying physical gold is the in-thing among gold investors because it enables them to tap into the benefits of gold we discussed earlier on.

Purchasing gold-based paper assets such as gold stocks, gold ETFs, and mutual funds that give you exposure to the price movements of gold may help you grow your wealth, but may not protect you from economic downturns or other unprecedented events such as wars and geopolitical tension that triggers the rapid decline in the global economy. 

One thing you ought to know about physical gold is that it cannot be stored like other assets. Holding the physical gold in your home safe may only attract thieves and lead to the loss of your wealth.

With this in mind, most investors who purchase physical gold for investment often open gold individual retirement accounts (Gold IRAs) and ensure that their assets are held in an IRS-approved precious metal depository. Such depositories are in most cases usually world-class facilities, and they are usually insured by well-known insurance companies. 

***Is Physical Gold Better Than Gold Stocks? For Retirees Today

Frequently asked questions on “Is gold a good investment right now?”

1. Is gold a good investment right now?

Depends on why you are asking. Gold as an asset will present you with some unique benefits and drawbacks, and it is up to you to weigh them and decide whether it is worth adding to your portfolio. Generally, however, it is worth noting that in times of economic unrest, an oncoming global recession, and stock market crashes, most investors turn to gold since most other paper assets are usually experiencing a very significant decline in value.

You might want to therefore consider talking to a gold investment expert or ordering a gold IRA kit to learn more about what you stand to gain (or lose) by investing in gold.

***Gold IRA Information | The Basics and Tips For Beginners

2. Should I invest in gold stocks?

It depends on what your financial objectives are, and what your preferences are as an investor. Gold stocks, as you will learn, exhibit similar behavior to most other paper assets. This may work for or against you, hence you need to position yourself in such a way that you will not end up losing your money.

If you are out to diversify your portfolio and hedge your wealth against inflation, however, you may have a better shot at this with physical gold. 

3. What should I invest in, gold coins vs gold bars? 

This is one of the most commonly asked questions by beginners getting their feet into the gold investment industry and for a good reason. Many beginners want to understand whether the two forms of gold present similar benefits or are different.

The truth about these assets is that they present you with the benefits of physical gold, but they may have some outstanding differences. If you need assets that you can liquidate faster, then gold coins should be your top pick. Gold bars may be harder to liquidate, but have also been found to carry a higher gold content, hence may be more valuable per unit of weight. 

4. How should I purchase gold?

There are many ways through which you can purchase gold. You can start by searching for a precious metal dealer near your home, or you can search for an online dealer.

Whichever option you decide to go with, make sure that you search for the company’s ratings and reviews on consumer trust sites such as Trustpilot and Better Business Bureau. If a company does not have a track record of performance, then you ought not to consider purchasing any gold from it.

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That will be all for this post on whether gold is a good investment right now. I hope you found a couple of insights that will guide you as you decide on whether to purchase some gold. If you have more questions about today’s topic, drop them in the comments section and I will get back to you ASAP!

I wish you well, 

Eric, Investor and Team Member at Gold Retired!

How can I buy physical gold? In a world where this shiny metal has proven to be a pricey rarity, then it makes a lot of sense to want to know how to get your hands on it safely. Many people who have tried purchasing gold have either ended up losing their money to scammers or paying a lot more than they ought to have paid for the gold bars or coins. Today’s article will guide you on just how you should go about buying physical gold safely. 

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Introduction

Investors who are out to enjoy the touch, feel, as well as security that stems from owning gold may wish to purchase gold coins and bars, instead of putting their money into assets such as gold ETFs (exchange-traded funds). Physical gold used for the purposes of investment is known as gold bullion, and you can purchase it at a spot price. 

N.B: The spot price refers to the price of unfabricated gold plus a few additional costs, which often vary from seller to seller. 

Investors who purchase gold during seasons when the market is favorable can liquidate their holdings in the event there is a total economic collapse. 

The 3 Best Gold Investment Companies in 2022 [Buying Guide & Quick Review Summaries]

The Buying Process – Where To Buy Gold?

Online gold retailers

Purchasing physical gold online is quite a simple process. One of the common ways you can achieve this is by checking out the services offered by licensed retailers online. All it takes is you browsing the gold bar products that are listed for sale on retail websites such as:

• American Precious Metal Exchange (APMEX)
• JM Bullion 
• Wholesale Coins Direct 

With such websites, you are allowed to select the type of physical gold products that you wish to purchase by weight, quantity as well as price. 

You will, in most cases, get discounts for purchasing precious metals in large quantities from online gold retailers. Some will also give discounts to customers who pay for their gold using specific payment options such as credit cards and wire transfers. Such money-saving opportunities are worth checking out and taking advantage of, more so due to the fact that gold is in itself quite expensive. 

It is highly recommended that you use a gold IRA to invest in physical gold since it is a structure that offers several benefits, the main one being that it provides investors with a tax shelter. Those who purchase and invest in gold through a gold IRA are required by the IRS to ensure that their gold ends up in a secure depository. Simply put, gold IRA holders cannot store their gold at home or at a local depository. 

Those who decide to purchase their gold outside a gold IRA structure are, however, required to make personal arrangements to store the gold. If you follow this path, you are required to keep all products in their packaging to prevent them from getting damaged. You can, in this case, store the gold in your home safe, in a local deposit box at your preferred bank. 

eBay

You also have the option to bid for and purchase gold on various auctions on eBay. Every time you are purchasing gold through the auction website, review the seller’s customer reviews and ratings. Keep off any sellers who have any documented negative feedback on the authenticity of their products. You should also avoid any seller who charges high shipping and handling fees or one who fails to deliver the product at the end of the day. 

Gold-to-go ATMs 

Investors can also purchase gold bars in high-end cities such as Las Vegas and Dubai. The downside to this approach is that the spot price of the gold sold through such machines is well above the spot price in the market and other retailers generally. 

The Purity of Gold: Top Consideration for Investors

If you are like most people who purchase physical gold, then you are purchasing it for the purposes of investment and not just to hold on to it for fun.  In that case, you ought to only hold investment-quality gold bars only. Those bars should be at least 99.5% pure. Most investment-grade gold should come stamped with information and features such as:

• The name of its manufacturer 
• Its weight 
• Purity 

Common mints/manufacturers of gold include the Royal Canadian Mint and Valcambi.

***Gold IRA Rules and Regulations | Put Gold in Your IRA 2022

Which is The Better Option? : Gold bars vs Coins

There are several factors to consider before settling on gold coins or gold bars. Each of these forms of physical gold has its upsides and downsides, which you should consider before whipping out your checkbook. 

Gold bars will in most cases enable you to capture more value as a gold investor owing to their higher gold content. They may, however, be harder to liquidate, since they are more expensive. Gold coins may, on the other hand, not give you as much exposure as gold bars, owing to their lower gold content.

A gold American Eagle coin is for instance only 91.67% pure, in comparison to most bars which are 99.5% pure. Gold coins however offer more liquidity since they cost way less than the bars, and are a common choice for novice gold investors. 

It is common to find people getting started with gold investing by purchasing gold coins, and then gradually advancing to the gold bars as they gain more insights into how things work in this industry.

Safety First: Avoid Rip-offs

Expert gold investors will generally advise you to review consumer trust sites such as Better Business Bureau and Trustpilot to ascertain that your preferred gold dealer has a good reputation. Most reliable and trustworthy dealers usually disclose information about their products’ pricing. 

Investors in the U.S. should also do their due diligence before purchasing any physical gold from sellers abroad. Even though the gold bars are authentic, the sellers may end up charging exorbitant prices ( one could actually end up saving a lot of money by buying their products locally). Also, clearing gold purchased from sellers abroad through the customs department may be quite hectic. 

Finally, you should be well aware that potential gold scammers are usually quite active whenever the market situation is ripe for investors to purchase more gold. With the rising inflation rates, more people are looking into purchasing physical gold to diversify their portfolios, and this is an opportune moment for the scammers to strike. If you are trying to purchase your gold, therefore, be sure to deal with legit companies only, and make prior arrangements on how you will store it safely. 

***Gold IRA Scams! | Do Not ignore them, Learn how you avoid them!

Frequently asked questions on “ How can I buy physical gold?”

1. How much does physical gold cost?

The price of physical gold varies from one seller to the next one. There is no constant or fixed price that you can use as your point of reference, but you can always shop around to find out which precious metal dealer is selling the gold at the lowest prices possible. I would, however, also advise that you do not go to the extent of dealing with gold dealers you are not confident about, just to get massive price discounts – you may end up with no gold and no money!

2. Who are the best physical gold dealers in the market?

It is hard to point out a specific gold dealer who is best for every investor. This is because every investor looks for different things when hunting for a gold dealer. If you are new to gold investing, however, you can click on the link below to check out our list of recommended dealers. 

Recommended physical gold dealers.

3. Are there any alternatives to physical gold that I can invest in?

Yes. If you do not have sufficient funds to purchase gold bars and coins, or if you do not believe physical gold is the best asset for you, then you can check out gold-based paper assets such as gold ETFs, Mutual funds that have gold mining stocks, gold mining stocks, gold futures, and options. 

4. Is there a limit to the amount of physical gold I can purchase?

No. The government does not prohibit you from purchasing any amount of gold, but you may be subject to certain restrictions if you use certain gold investment structures. Generally, however, you can purchase as much gold as you want, provided that you can convince those hoarding or selling the gold to sell it to you. 

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That will be all for today’s post in which we have addressed the question“ How can I buy physical gold?”. I hope you found it helpful, and that you now know how to go about acquiring this shiny metal. Let me know if you have more questions pertaining to this article, and I will respond to them ASAP- drop them in the comments section below.

I wish you well,

Eric, Investor and Team Member at Gold Retired!

What is a home storage gold IRA? What are the rules surrounding the opening of such an account? Is it actually allowed by the IRS? Join me in today’s post, in which I will take you through a very important topic that you ought to know as a potential or current gold investor. Let’s get into it right away.

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Introduction

Many people often turn to precious metals to seek the safety that conventional investments have denied them. With the current state of the global financial system, it makes more sense why more investors would want to consider adding some gold to their investment portfolios. 

Individuals who try to open a special precious metal investment account known as a Gold IRA are often waylaid by companies claiming to offer them the opportunity to store their physical gold at home.

It is quite easy to fall for the allure of the home storage gold IRAs. You, however, may want to familiarize yourself with the laws pertaining to the opening of such accounts and ensure that you are upholding all gold IRA investment rules and regulations.

The one thing you will discover as you are getting started with investing in gold through an IRA is that there is conflicting information pertaining to the risks and benefits of home storage gold IRAs. You will, as such, need to cut through the clutter to establish what the truth really is. 

The 3 Best Gold Investment Companies in 2022 [Buying Guide & Quick Review Summaries]

Regulatory Compliance: What the IRS says about Home Storage Gold IRA!

The one thing every investor ought to be careful about during their investment journey is to never do anything that leads to unnecessary attention from the IRS.

It can take a single visit (read audit) from the IRS for your entire investment portfolio and investment dreams to come tumbling down like a house of cards. 

You can read about this tax-horror story of a couple who decided to store their IRA gold at home. 

For starters, let me say that the IRS is generally against investors opening home storage gold IRAs. If you, however, feel that you cannot do without seeing your gold bars and coins, then you can go ahead and prove to the IRS that you have what it takes to open such an account. 

Here are some of the qualifications that you are expected to meet:

1. You need to open a Limited Liability Company (LLC) and obtain a special Operating Agreement from the IRS. 
2. Ensure that your account custodian has a publicly known business premise. 
3. Make arrangements for very detailed annual audits from a certified public accountant. 
4. Have multiple owners of your LLC.
5. Establish an ongoing retainer agreement with an attorney.
6. Prove that you have a net worth of $250,000 or more. 
7. You should have a fidelity bond of $250,000 for every owner and employee of your LLC. 

As you can see, the IRS is not highly interested in having many individuals open home storage Gold IRAs. An assessment of the above-listed rules will show you that very large administrative costs are required to get a home storage gold IRA up and running. Not forgetting that putting everything together will come with extra and time-consuming paperwork. 

Woe unto you if you try to open a home storage gold IRA, and the IRS finds out that you have not been compliant with all investment rules. 

 If you get audited and it is discovered that you slipped on some minor details, then the retirement funds you have deposited in your home storage gold IRA could be treated as a distribution. This in itself translates to the automatic loss of your tax benefits. It gets worse if you are under 59 ½ years old – the IRS will strike with an additional 10% early withdrawal penalty. 

That, my friend, means that you will have close to 40% of your investment going into the taxman’s pockets. Sadly, there is no recovering those funds once they leave your gold IRA.

Can it get worse than that? Oh, yes, it can? Breaking one of the regulations put in place by the IRS is akin to opening a can of worms. The IRS will send its tax mercenaries to help you put your finances in order, and I can guarantee you that this single move may lead to tears – premium tears. 

You may end up paying more penalties, and possibly end up liquidating your gold assets anyway, leading to the loss of the financial safety that you sought in the first place. 

The IRS has the option to loosen the regulations pertaining to opening home storage gold IRAs, but it decisively avoided this, by ensuring that gold IRAs are overseen by qualified custodians and that all gold assets are stored in IRS-approved depositories. 

I Managed to Open a Home Storage Gold IRA Anyway, What Next?

First of all, congratulations on bypassing the hurdles set by the IRS. Hopefully, you have put in place all the necessary administrative structures to ensure that you are compliant. The one thing that will be a major concern, however, is the safety of your gold coins and bars. 

With a net worth of over $250,000, and the financial capacity to meet all administrative costs, my assumption is that your gold IRA will be worth a large amount of money. What security measures will you put in place that will possibly surpass the peace of mind that an IRS-approved depository has to offer? 

The possibility of a thief accessing the safe with the gold bars and coins in your home may be quite low, but the relative safety of your assets in such a setting pales in comparison with what an authorized and insured depository has to offer. 

IRS-approved depositories are required to meet very strict requirements and safety standards and are mostly world-class facilities.

Does storing the precious metals in such a structure mean that they will touch the depository’s balance sheet? No! Fortunately enough, the storage of IRA gold in such facilities is protected from government entities and any trouble that may befall the facility itself. 

Frequently Asked Questions on “What is a Home Storage Gold IRA?”

1. Is a Home Storage Gold IRA legal?

Yes, it is. You may, however, want to tread very carefully when opening one, since it calls for one to meet very strict qualifications set by the IRS. There are a couple of technical, legal, and administrative requirements that you need to attend to before you can comfortably say that you have a functional home storage gold IRA. It is generally way easier to open a gold IRA with depository storage and to work with a custodian since it takes the compliance burden off your back. 

2. How does a home storage gold IRA work?

Gold investors who are interested in holding their gold at home are required to establish a gold IRA with checkbook control. This structure gives the investor more control over their account and essentially places them in charge of all the administrative duties for their IRA. You will then proceed to prove to the IRS that you have what it takes to store your physical gold at home. This you can achieve with the help of a reliable custodian or gold IRA expert, who can hold your hand as you attempt to achieve your objectives. 

3. What type of precious metals can I hold in a home storage gold IRA? 

The Internal Revenue Service (IRS) Code 408(m) specifies the type of physical gold coins and bars that an investor can hold in their account. The rules regarding the purity and weight of the assets held in a home storage gold IRA are similar to those pertaining to assets held in a gold IRA that has depository storage. 

4. Which type of retirement account can I transfer or roll over into a home storage gold IRA? 

Most types of retirement plans are eligible for conversion to a home storage gold IRA. You can contact a gold IRA specialist to establish whether you can do a rollover if you have a Traditional IRA, Roth IRA, SEP-IRA, SIMPLE IRA, 401 (k), 403(b), TSP, Annuities, etc. 

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That’s it for today’s article on what a home storage gold IRA is about. I hope you found it enlightening and that you now know whether such an account is worth opening. If you have more questions pertaining to this type of IRA, then you can drop them in the comments section and I will get back to you ASAP. If you’re a home storage gold IRA owner, you can share your experience to let us know whether we have the right or wrong perception of this investment structure.

I wish you well,

Eric, Investor and Team Member at Gold Retired!