Learn more about gold IRAs and precious metals IRAs

Is a precious metals IRA right for you?

Gold and other precious metals are often seen as a hedge against inflation, or as an alternative asset class that’s less connected to the stock market and other traditional economic indicators.

Individuals seeking to help protect their assets into retirement tend to choose gold IRAs (or other precious metals IRAs) for these main reasons: Diversification Most IRAs, as mentioned earlier, hold paper assets such as stocks or bonds.

Many paper assets tend to move in a correlated way, which means retirement savers who concentrate their money in such intangible holdings can be hurt across the board if the economy weakens.

Bonds may make opposite moves to stocks, but the rate of return for bonds has not kept pace with the growth in gold prices thus far during the 21st century. In fact, since the start of the 21st century, through July, 2019 the price of gold has outperformed the total return (including dividends) of the S&P 500 index by more than 100%. Protection against inflation The dollar was once backed by gold, which kept the price of an ounce of the precious metal pegged to a certain amount of dollars.

Since the United States dropped the gold standard in the 1970s, gold is no longer a "reserve currency." Instead, it's often seen as a hedge against the dollar's declining purchasing power. In real terms (adjusting for inflation), the price of an ounce of gold has been quite stable for much of this decade, giving gold buyers a way to hold onto the value of their savings without taking on the interconnected risk of most paper assets. Low volatility As mentioned above, gold prices have been quite stable on an inflation-adjusted basis for most of the 2010s. In 2019, gold’s volatility, or change in price from day to day, reached a 10-year low.

Since this period included major economic events such as the Great Recession, the Eurozone (particularly Greece, Ireland, and Spain) debt crises, the Fukushima disaster, and Brexit, gold and other precious metals seem all the more compelling as ways to help protect your assets against economic turmoil. Tax benefits You can own precious metals whenever and however you want. If you want to own precious metals in a tax-advantaged way, you could consider the potential benefits of an eligible IRA account.

How Rosland Capital can help you establish a precious metals IRA

We've helped thousands of people buy metals for inclusion in precious metals IRAs over the years. Our process is clear, simple, and straightforward:

• 1 During your initial call, a Rosland Capital precious metals representative will walk you through the process of setting up and buying products for inclusion in a precious metals IRA. With full information, you’ll be able to make a smart decision about whether or not this type of retirement account is right for your situation and expected retirement needs.
  
  
• 2 If you decide that a gold IRA fits your needs, we’ll walk you through your options, which include the structure of your IRA account and any prospective precious metal assets you might be interested in holding in that account.
  
  
• 3 Once you've decided how to best proceed, we’ll send you all necessary forms and paperwork to set up an account with Equity Institutional, the IRA administrative custodian. You’ll also receive Rosland’s customer agreements for any physical precious metals you intend to purchase for your retirement portfolio.
  
  
• 4 After signing and completing your forms, your Rosland representative can assist you in establishing a new IRA account for you with Equity Institutional, and can provide you with instructions to fund it, whether through currently available liquid capital or via the transfer of assets from an existing IRA account.
  
  
• 5 After Equity receives your funds, the metals you have purchased are moved to Equity’s depository location in Delaware. In this facility, each IRA account-holder’s gold is held in separate and secured storage, if they select segregated storage.
  
  
• 6 Equity Institutional will be responsible for all further management of your account until you’ve fully distributed all assets held in your precious metals IRA, which must begin no later than age 72 for traditional IRA’s. You’ll pay annual fees to Equity for administration of your account and storage of your assets.
  
  
• 7 When required to take distributions from your precious metals IRA, you can withdraw the physical gold or other precious metals, as long as your withdrawals comply with all relevant IRS laws and regulations, in terms of their timing and value.