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Home » News » Don’t Lose Your Retirement Savings to a Economic Collapse – Rollover Your 401k to a Physical Gold IRA

Starting to save for retirement can be an exciting time in your life, but it’s also one of the most important financial decisions you’ll ever make. Millions of American workers have lost millions of dollars in retirement savings over the past few years due to personal investment mistakes and market volatility. But what if there was a way to secure your retirement nest egg so that you would never have to worry about losing it in the future? A Physical Gold IRA could be exactly what you need to maintain control over your assets while protecting your investments from economic collapses and long-term stability. Rollover 401k to physical gold.

Why Invest in Gold?

Gold’s value is finite, meaning it has an upper limit that can never be exceeded. However, the world’s supply of gold is still expanding, thanks to exploration and new mines. By investing in gold in your retirement account today, you can protect your hard-earned savings against currency devaluation or financial turmoil should any arise. Gold is also recognized as one of the most liquid investments available, which means it can be easily converted into cash at any time without loss in its value. The history of civilization has shown that every fiat money system eventually ends due to inflation and debt saturation.

Buyer Beware! Gold IRAs are Unregulated!

Rollover 401k to Physical Gold

401k to physical gold rollover guide

For this reason, the U.S. government now prohibits taxpayers from taking ownership of more than $100,000 worth of physical gold within an individual retirement account (IRA). But there are ways around this law with a self-directed IRA, where investors are free to invest their funds in assets other than those explicitly stated by the IRS. Rolling over a 401k to physical gold with a self-directed physical IRA is not only legal but offers all the benefits mentioned above for more peace of mind about your future.

To know more about how you can avoid an economic collapse and secure your future with gold, check out our free guide by clicking on the banner below. Alternatively, fill out our contact form and we will be happy to answer any questions you may have. And remember, there are many different types of physical gold assets available today, such as bars and coins in varying sizes or even larger gold bullion in kilogram increments. There’s no limit to how much you can invest! With physical gold assets providing both liquidity and value-preservation capabilities, they offer a uniquely effective retirement savings solution that far outpaces standard investment vehicles like stocks or bonds. So don’t wait – request your free guide today!

What are the Benefits of Investing in Gold?

Silver and gold’s continuous gains are driven by investment demand, hedging value against inflation, store of wealth for international markets, alternative currency for nations with weak economies, and financial security for times of social or economic turmoil. The Dow Jones has fallen more than 5% in 2019 and investors should be looking at the buying opportunity of gold over other asset classes such as stocks.Gold is often referred to as the ultimate safe haven because it’s a powerful protection against unforeseen downturns in equity markets. On top of that, it can also provide an economic boom if you get your timing right: Over $25 trillion of US dollars have been printed since 1971, while gold prices have climbed more than 10x.

How Much Gold do I Need?

You will also need to find out how much gold you will need to satisfy your retirement goals. For example, if you plan on spending $10,000 per year when you retire, you would want about 30 ounces of gold for that period. This is because physical gold’s current annual expense rate is 0.25%. While this is only an estimate, it should be enough information to get your mind thinking about how much money you will need and if investing in gold might be the right decision for you. Also, if you decide that what you would like is all of your retirement savings turned into physical gold investments then there are two ways this can happen.

You will want at least 1% of your total investment or your annual expense in gold. For example, if you are looking to invest $200,000 over 10 years that would equal about 20 ounces per year, which is at least 1%. If you spend $10,000 annually after retirement, you would need about 30 ounces of gold.

Rollover 401k to Physical Gold: Expense Rate

Your expense rate is very important in your calculation. This is because you will use it to determine how much physical gold you need in order to reach your retirement goal. In an upcoming post, I’ll explain more about gold’s expense rate and how that impacts your financial plan. But in short, if you’re willing to wait until after 2020 to purchase gold, you can reduce your expenses by 3%. So for example, let’s say that you plan on needing 30 ounces of gold during retirement. The fee difference between 2020 and now is roughly 6%, so with a fee difference of 3%, we’re now looking at 36 ounces needed instead.

What Types of Gold Should I Choose?

Choosing the right type of gold for your gold IRA is important because it determines what happens if there’s ever any type of emergency that prevents you from accessing your investments. It will also have an impact on the time and expense involved in converting your physical assets into cash. Some of the different types of gold available are:- 100 oz bars – 1 oz coins – 10 oz bars – 1/10 ounce coins If you’re still not sure about which kind you want, or if you want something that has high liquidity and low management fees (i.e., trading costs), consider using 50 ounce bars instead, or even 25 ounces if that’s feasible.

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401k to physical gold: 1 oz Coins

If you want something that’s easily recognized as gold in size and shape, 1 oz coins are typically seen as good investments because of their ease of transport and liquidity. They’re also considered legal tender, which means that you can trade them for goods or services at any time. On top of that, many people consider them beautiful collectibles with intrinsic value. However, they’re also more likely to come with higher management fees.

If you want to own gold as an investment, but also want it for other purposes, like jewelry or electronics manufacturing, consider 10 oz bars instead. They’re considered high-liquidity investments because they’re much easier to transport and handle than 100 oz or 50 oz bars, while still providing high liquidity. Some people even keep these in their homes so they can easily access money in case of emergencies. On top of that, if you ever decide to sell them for cash, you’ll probably get full value for them.

How to Avoid Scams

When looking into what type of gold to purchase and how to convert your 401k into gold, there are several popular companies and scams you will want to be aware of. When researching the legitimacy of any company or product it is important that they are up front about their fees. Some legitimate companies will use various types of products, but there should be no pressure tactics used on the consumer and they should always have an ironclad guarantee in case the person is not satisfied with the product. In terms of setting up a self-directed IRA account it is imperative that you work with someone who has experience in this field, knows where things can go wrong and are always updated on all laws related to IRAs for gold investments.

401k to Physical Gold

401k to physical gold

If you are thinking about taking advantage of gold or other precious metals as a retirement investment, or if you already have an account and need some guidance, there are some important things you should know. At times, it can be hard to tell legitimate companies from scams and pyramid schemes. Follow these five tips when doing business with any company that invests in precious metals. If they have failed to meet any of these criteria, then be sure not to do business with them as there is usually more than one red flag present when dealing with unscrupulous companies.

Where Can I Buy Gold?

You can purchase physical gold bullion coins, bars and ingots from most major coin dealers. There are two ways you can do this: by filling out an order form with your order, or by buying it over the counter. Buying gold over the counter can be very time-consuming and tedious, so for simplicity sake we will just stick with buying it by filling out an order form. You might need help from someone who has done this before in person or over the phone if you have never done it before. You’ll need to find out what types of gold bars or coins are available for converting a 401k to physical gold at the dealer as well as their prices and availability.

401k to Physical Gold

401k to Physical Gold

Top Gold IRA Companies 

Our recommended Providers are researched and vetted by us and many top consumer organizations. This is the short list of the most consistent companies we could come up with. Request information from them below.

#1: Augusta Precious Metals

Our Rating: 10/10

gold ira rollover

Pros

✅ ZERO complaints with the BBB and BCA

✅ Highest reputation and customer satisfaction in the industry

✅ Non-commissioned sales team

✅ Transparent pricing with up to 10 years of fees waved – with certain minimum investments

✅ NFL Legend Joe Montana actual customer before becoming their spokesperson

Cons

❌ No way to setup online

❌ The minimum investment for IRA is $50,000


#2: Goldco

Our Rating: 9.9/10

Pros

✅ Low annual fees on IRAs

✅ Excellent Customer Service

✅ Free storage is available for non-IRA precious metals

✅ Highest levels of customer satisfaction in the industry

✅ Incentives available for certain purchase levels

Cons

❌ Signup process can only be done through a specific link

❌ Setup online not possible

❌ Minimum investment for IRA $25,000


#3: Birch Gold Group

Our Rating: 9.9/10

Pros

✅ Great company commitment to education and communication

✅ Impeccable customer service

✅ Silver, gold, platinum and palladium available

Cons

❌ Signup process can only be done thought a specific link

❌ Certain fees are not disclosed up front

❌ No buyback guarantee of precious metals


#4: Noble Gold Investments

Our Rating: 9.6/10

Pros

✅ One of the best no questions asked buyback programs in the industry

✅ Free delivery of your precious metals to your door at any time

✅ Over 20 years of experience in the precious metals industry

✅ Gold, silver, platinum, and palladium available

✅ One of the lowest barriers to entry – ideal for smaller investors

Cons

❌ High annual fees for low balances



How do I Open an Account

If you would like to open an account with one of the precious metal IRA companies, below are the basic steps:- Take some time and research which company will be best for your retirement needs. There are many different ways to invest in precious metals so it is important that you get this right the first time around. Ask yourself what you want out of your investments, and make sure that any company you sign up with has a simple withdrawal process. – Once you find the company, register for their website and use it from time to time just so you get familiar with their layout. That way, when you actually do open an account, nothing will feel unfamiliar or complicated.

After you have done your research and are happy with an investment company, contact them. Some precious metal IRAs may require that you complete an application on their website in order to set up your account, but most companies will simply want you to send over your documents. To start, they’ll need proof of who you are so they can register any future withdrawals as being made by you. They will also need proof of identification, so make sure that you have copies of any IDs that qualify.

Final Thoughts

With the collapsing American economy and turmoil on Wall Street, it’s wise to take steps now to safeguard your retirement nest egg. What better way than by protecting it with physical gold? The secret is using a little-known IRS loophole that lets you move your 401(k) balance into an IRA, then purchase gold bullion with the funds without incurring taxes or penalties. This type of rollover allows you to reinvest in physical gold without needing lots of extra cash. If you think for one second that this retirement time bomb will never go off, think again! Your retirement security has never been more important.

With gold prices at all-time highs, more and more people are looking for ways to invest in physical gold. But many people are unaware of IRS law regarding what you can do with your 401(k) funds once you have rolled them over into an IRA. If you follow our simple step-by-step guide, however, we can show you how easily roll over your old 401(k) into a physical gold IRA using a self directed IRA. You’ll get an overview of which companies offer rollovers and information on accounts that allow precious metals holdings.

Can I roll my 401k into a gold IRA?

Yes, it is possible to roll your 401k into an IRA account and purchase physical gold as the retirement plan. Traditional IRAs offer a lot of flexibility for investing in different types of securities but gold is often excluded. It’s important that investors also know what will happen with their funds if they become unable to continue working or when they die. The IRA funds are owned by the individual so you have absolute control over what happens with them and whether or not you want them converted into other forms of investments like gold, real estate, bonds, or stocks.

How can I transfer my 401k to gold without penalty?

After 2008, millions of Americans saw their retirement savings devalued as the value of the dollar plummeted. Since then, the dollar has appreciated some, but it’s not enough for many investors who see it dipping and shuddering with every presidential tweet or political shakeup. That’s why gold is making such a comeback among even risk-averse retirees.
The three types of gold IRAs that you can roll over your 401(k) into are: Individual-Owned IRAs (IRA), Self-Directed IRAs (SDIRA), and Inherited IRAs (IRA). You will have different options depending on which type of retirement account you choose.

Can I Roll my 401k into Gold?

Yes, you can roll your retirement savings into gold! In fact, investing in gold is one of the best things that you can do for your retirement. Not only does it have significant value and an excellent investment potential in the future, but it also acts as a hedge against rising inflation and economic collapse. In the event of an economic disaster or another 1929-like stock market crash, gold would not only be a valuable resource to protect yourself against declining currency values but could be used as medium of exchange. However, if you are wondering can I roll my 401k into gold?, then the answer is yes! There are two main ways that this can happen.

How do I rollover my IRA to gold or silver?

As the economic risks grow, more people are seeking investments in tangible goods, rather than in stocks and other financial instruments. They believe that by owning tangible goods they can protect themselves from inflation and currency collapse which may be coming down the line. Whether or not you think this is an appropriate strategy depends on your own risk tolerance. If you are looking for a place to park your retirement savings so that it is protected from changes in valuation and diminishing purchasing power of paper currencies (like US dollars), you might want to consider rolling over your 401k into physical gold or silver IRA.
Gold is seen as one of the safest long-term assets available on earth because no matter what happens politically, society will always have high demand for gold jewelry and gilding.

In addition, many gold and silver investors are concerned about having their wealth stored in banks. Government-issued paper currency is printed out of thin air with little regulation or oversight, and governments can devalue those currencies when times get tough. It makes sense that you might want to remove your money from potentially risky situations like these, even if it means putting it into an investment as safe as gold. But there’s a lot of confusing terminologies out there about what type of account you need for your retirement investments, so let’s break it down

If you have an existing IRA or 401(k), you can roll it over directly into an Individual Retirement Account that is denominated in gold, silver, platinum or palladium. These special types of accounts are known as self-directed IRAs and allow you to invest in tangible assets like precious metals.

Can you invest your 401k in gold?

Yes, you can invest your 401k in gold. A growing number of Americans are cashing out their retirement savings and investing them in physical gold. The appeal is understandable: we’re facing a future of unknowns from currency devaluation, geopolitical instability, and uncertainty in the financial markets. Investing your retirement funds in gold not only provides some stability, but it also offers great growth potential when compared to stocks and bonds.

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