Starting a Gold IRA is one of the smartest moves you can make in order to protect your savings in today’s troubled economic times.
While many people have lost their entire lifesavings because they invested in risky financial assets, those who have invested in gold have seen the value of their savings rise during the recent economic turmoil.
Choosing the Right Custodian
The first step to getting your secure Gold IRA set up is choosing a Gold IRA company to manage your account. This “custodian” as they are called will perform three essential tasks for you:
Buy the gold the IRS approves
Set up a self-directed IRA
Store the gold somewhere safe
Additionally, some custodians can even help you rollover an existing IRA into a Gold IRA without receiving any tax penalties that can take a chunk out of your savings.
I can’t stress enough how important it is for you to pick a qualified, competent, customer service oriented Gold IRA company.
One of the 1st steps in your gold IRA journey is to choose a custodian who will securely hold the precious metal and help you through the whole rollover process. We highly recommend working with Regal Assets, a California based gold IRA specialist that is backed by hundreds of American investors nationwide. Regal Assets sells gold and silver bullion coins and bars that meet the purity levels required by the IRS.
If you would like to compare different Gold IRA companies before making a final decision as to which one you’d like to work with, check out our Gold IRA Companies page. We have reviewed the most popular Gold IRA custodians and trustees in America to simplify the decision-making process for you.