Your Ultimate Guide to Gold IRA: FAQs Answered!
Precious Metals IRA: Retirement accounts (Traditional, ROTH, etc.) holding gold, silver, platinum, or palladium as investments.
Must meet purity standards: .995% for gold, .999% for silver, .9995% for platinum and palladium.
Differentiating Gold IRA from gold certificates. Transferring IRA is vital as traditional custodians don't offer physical precious metals.
A Gold IRA is a self-directed retirement account (Traditional, ROTH, etc.) tailored for holding eligible physical gold coins or bars.
No, when you correctly transfer funds from an IRA or retirement account to a Gold IRA, no tax implications are involved.
Absolutely. Many Gold IRA holders choose to diversify their holdings by including silver in their IRA alongside gold.