Understanding A Precious Metal IRA And Its Long-Term Benefits
The following article is created by Orion Metal Exchange for the benefit of our investors and perspective investors alike. We seek to provide relevant content concerning precious metals and the impact caused by economic and geopolitical trends that will most likely impact your financial future. If you are interested in learning about precious metal investing, call 1-800-559-0088, for a FREE investor kit.
Considering Your Financial Future
Investing for retirement requires a forward-thinking perspective. Time can fly in the blink of an eye, and before you know it, the prospect of retirement is right around the corner. That’s why it is so important to plan for your retirement sooner than later. A properly diversified portfolio will offer the best opportunity to realize growth over time. Market conditions will most likely change between now and the time you retire. Investment cycles will come and go. It is important to maintain a properly diversified portfolio to promote long-term stability and growth for your retirement years.
An IRA (Individual Retirement Account) is a great way to grow your retirement nest egg. Precious metals are a key component to a successful long-term retirement strategy. A gold and silver IRA is a great way to protect against inflation, geo-economic uncertainty, and promote portfolio stability. A precious metal IRA allows you all the same benefits of an IRS tax-deferred program while offering the added benefit of owning physical precious metals. In a precious metal IRA, your physical gold and silver coins are insured for the value of your holdings, and you are allowed to receive in-kind distributions. This means you are allowed to take possession of your IRA precious metal holdings when RMD’s are required.
What is A Self-Directed Precious Metal IRA?
When considering a precious metal IRA, it’s important to know how a precious metal IRA works. A valid precious metal IRA program involves the services of a retirement account custodian, an insured commercial depository, and a precious metal dealer. The retirement custodian’s involvement allows you to own precious metals through an IRS approved retirement program. The commercial depository stores and protects the precious metals you own, and the precious metal dealer allows you the ability to buy, sell, or exchange precious metals as a non-taxable event in your retirement account.
A precious metal IRA is a self-governing IRA account. With a self-directed precious metal IRA, you have the freedom to choose different types of coins or bars in gold, silver, platinum, or palladium. You can guarantee purchase pricing with a simple phone call. You can liquidate precious metals with a simple phone call. You are also allowed the ability to choose the retirement custodian and the commercial depository you wish to work with. A self-directed precious metal IRA account allows you to know exactly where your assets are located and what type of precious metals you own.
Choosing the Right Precious Metal Company
The precious metal dealer you choose should offer transparency in pricing by posting their product purchase pricing online. Carefully research any precious metal dealer you are considering by reviewing credible online review sites like BBB, Trustpilot, Google Reviews, Consumer Affairs, and Retirement Living. Only consider a precious metal dealer that offers a Fee Free Buyback Policy. Only consider precious metal dealers that guarantee transaction pricing with a phone call. Only consider a precious metal dealer that will insure the shipping of your precious metals and guarantee delivery.
The Easy Way to Establish a Self-Directed Precious Metal IRA
Simply contact Orion Metal Exchange. Our in-house and full-service IRA department can help you over the phone. Within minutes, they can help you locate a custodian and depository that will best suit your personal needs. They will help you establish a precious metal retirement account within minutes. Then, our IRA department will contact your current retirement account custodian to request the transfer of your retirement account funds. Once your funds are transferred, you will be able to buy, sell, or exchange gold, silver, platinum, or palladium with a phone call. Our IRA department will then insure and ship the precious metals to your insured IRA depository account. A precious metal IRA account allows you the flexibility to buy, sell, and exchange precious metals within your retirement account as a non-taxable event. Unlike our competitor’s, Orion Metal Exchange offers access to every legitimate precious metal IRA custodian and depository option in the nation. Every IRA commercial depository we work with is insured by Lloyd’s of London for the value of the precious metal holdings.
Everything You Wanted to Know: FAQ Section
What are the benefits of a precious metal IRA?
A precious metal IRA offers investors the ability to properly diversify, hedge against inflation, and potential for growth when geo-economic uncertainty is in play. Tax advantages, global liquidity, and additional stability are what a precious metal IRA can offer.
Are precious metals a good long-term investment?
Precious metals offer long-term stability against economic volatility and inflation, although short-term fluctuations are influenced by market sentiment and geopolitical events. They provide diversification and act as a hedge within a balanced investment portfolio.
What are the benefits of precious metals?
The primary benefits of precious metals include serving as a hedge against inflation, providing portfolio diversification, offering stability during economic uncertainty, and acting as a store of value over the long term.
The following article is created by Orion Metal Exchange for the benefit of our investors and perspective investors alike. We seek to provide relevant content concerning precious metals and the impact caused by economic and geopolitical trends that will most likely impact your financial future. If you are interested in learning about precious metal investing, call 1-800-559-0088, for a FREE investor kit.
