Gold Metals IRA Facts

How to Invest Your Retirement with a Gold IRA

It’s tax season once again.  I used to answer the phones when first started out, and people would call in and ask about Gold IRA investing. I used to have to answer a lot of questions about IRAs and 401ks, and I’d like to share with you, dear visitor some of the most common key points.

I’m a consultant here at and over the years I’ve helped many customers with their gold and silver IRAs. Now, over time I’ve had some of the same questions asked over and over again and I wanted to provide you with answers to some of the most common questions that I was faced with. We’re going to start with an overview of what a gold and silver self-directed IRA is and how it works and once we’ve touched on the basics, we’ll spend most of our time talking about the protection these vehicles offer.

These are all questions that I hear from clients on a daily basis and questions I had when I got started:

  • What kind of protection do I have for others?
  • What happens in the case of a bankruptcy with my gold IRA?
  • Do creditors have a right to my assets?
  • How about the government?
  • How much protection do I have from them?
Gold IRA IRS 2016

For ref. please click the link below


source: IRS

So many customers often feel that they’re trapped once they set up an IRA, and they feel that they are limited in the actions they can take after that. How easily can I sell? Can I take possession? Can I take action in the face of potential threats like confiscation of gold and silver? Although there are many risks to any investment, we simply want to clear up the misconceptions and give you a better understanding of the flexibility that you actually have with these retirement vehicles. Well, let’s go through some of the basic information about the structure and the advantages of a self-directed IRA. What is a self-directed IRA and how is it different from a traditional plan?

Most people are familiar with a traditional IRA and stay with it because that’s what most people have.
What we do is called a Gold self-directed IRA. It has the same rules and the same guidelines as any other IRA and we’re not under any other different criteria. When we say it’s self-directed we sincerely mean that it’s self-directed. By being self-directed, you can invest in investments that you generally cannot invest with in your traditional IRA. So a self-directed IRA focuses on real estate, gold and silver, businesses, private placements, and loans, and if you look at the comparisons between the two, one is focused on paper assets (stocks, bonds, and mutual funds) whereas a self-directed IRA is focused more on hard assets that you can see, feel and touch. So that’s the main difference between a traditional and self-directed IRA. Some people say that it’s worth it.

You’re essentially ridding yourself from all kinds of parties involved in a paper IRA. There’s no mutual fund company involved, and perhaps less risk of a market crash or exchange risks that do actually threaten paper holdings in an IRA. This becomes particularly critical when you’re talking about physical gold and silver because with traditional IRAs, your only alternatives are paper funds like ETFs which have hundreds if not thousands of claims on a single ounce of gold or silver.

Now that we’ve clarified that point, we can get more into ins and outs of vested protection that these plans offer and how they can be bulletproof with gold in an IRA. We’ll start by going into the legal protection provided, and then we’ll get to the flexibility they offer in different potential scenarios. So let’s talk about the security in the situation of a bankruptcy. Please read more about Gold IRAs here.