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What Is a Gold IRA?

What is a Gold IRA?

A Gold IRA is an IRS-approved retirement account that operates similarly to a regular IRA. However, unlike conventional retirement accounts that limit investment options to paper-based assets like stocks, mutual funds, and bonds, a Gold IRA offers the additional advantage of investing in physical Gold coins, bars, and other IRS-approved precious metals such as Silver, Platinum, and Palladium.

Benefits of a Gold IRA

By investing in a Gold IRA, you will diversify your retirement portfolio on a tax-deferred basis, while maintaining this preferential tax treatment. This means that transferring or rolling over a portion of your existing IRA account into a Gold IRA will not trigger any tax implications. Also, by opening a Gold IRA you can take advantage of an annual contribution of $6,500 if you are below 50 years old and $7,500 if you are above 50 years old. Allegiance Gold can help you navigate regulatory requirements, avoid tax pitfalls, and diversify with physical precious metals to stabilize your retirement portfolio.

Financial experts recommend investing in a Gold IRA for the following three main reasons:

Gold has a longstanding history as a store of wealth. Historical data shows that Gold climbs in value throughout the years, even when economic times are tough, making it a valued addition to any well-rounded, retirement portfolio. Financial experts use Gold and precious metals as a hedge against inflation and deflation, dollar devaluation, and an evolving negative economic and political environment.

Diversify and Preserve Your Assets with a Gold IRA

Taking back control of your retirement savings is made easy. By opening a self-directed IRA with Allegiance Gold, you will be empowered to make your own investment decisions and to invest in IRS-approved coins, bullion, and bars, that carry the weight and security of real, tangible assets.

Whether you’re looking to move an existing, employer-sponsored 401(k) account to a more secure option or to rollover a portion of your existing traditional, Roth, or other type of IRA account into a Gold IRA, Allegiance Gold can help you navigate regulatory requirements, avoid tax pitfalls, and diversify with physical precious metals to help stabilize your retirement portfolio.

To learn more about investing in precious metals and setting up a Gold IRA, schedule your free consultation with one of our Senior Portfolio Managers or contact us at Allegiance Gold today for trustworthy, timely advice.