A brief overview of 403(b) plans, highlighting their pre-tax contributions, tax-saving potential, and the 2023 contribution limit of $20,500.
Introducing the concept of a Gold IRA, emphasizing its unique feature of holding physical gold, providing a tangible hedge against inflation.
Explaining the requirements for setting up a Gold IRA, including the need for a custodian, a secure depository, and adherence to purity standards.
Advising on the importance of understanding potential risks and yearly fees associated with Gold IRAs before making the investment.
Drawing parallels between 403(b) and 401(k) rollovers, focusing on the shared goal of facilitating the movement of retirement assets without tax consequences.
Exploring the advantages of converting a 403(b) to a Gold IRA, including diversification, protection against inflation, and potential for growth.
Outlining the seamless steps of a direct rollover from a 403(b) to a Gold IRA, emphasizing the importance of choosing a reputable custodian.
Detailing the key eligibility factors, such as employment status, plan type, age considerations, and the type of assets in the 403(b).