Traditional IRA accounts primarily include volatile intangibles like stocks, bonds, and other paper currency-backed assets like US Treasury Bills and mortgage-backed securities (MBS). Now, investors and retirement savers can have the security of an IRA account backed by tangible silver and other precious metals with a Silver IRA rollover.
This type of account is ideal for first-time investors seeking the security of physical silver and other precious metals, as well as individuals with existing retirement accounts, including existing IRAs, 401(k)s, and 403(b) plans.
Why Start a Silver IRA Rollover?
For countless generations, silver has been a trusted form of currency, and a secure way to store, protect, and transfer wealth. Silver IRAs are an important way for individual investors to diversify their assets, and reduce the effect of inflation on retirement savings.
Starting a Silver IRA
Rolling over your existing IRA is an easy and straightforward process. You can choose to move all or just a part of your existing IRA, with a tax-free transaction. Many retirement savers have accounts other than IRAs that may qualify for a tax-free conversion to a Silver IRA rollover account, including 401(k)s, 403(b) plans, and pension & TIAA CREF plans.
What’s the First Step?
When you’re ready to open a silver IRA, or if you would just like to know more, Goldiral Precious Metals is there to make sure you have the information and resources you need to make the decision that is right for your personal situation. Call Goldiral Precious Metals at 855-GOLD-IRA (855-465-3472) to talk with a Silver IRA rollover expert, and learn how to put this opportunity to work for you. Learn More About Starting A Silver IRA
What Type of Silver Can I Put in a Silver IRA?
Silver IRAs can contain two types of physical silver: coins or bullion. Exactly which silver coin or bullion products you can add to a Precious Metals IRA is strictly regulated by two sets of rules established by the Internal Revenue Service. Goldiral Precious Metals’s Silver IRA experts can help you identify the right silver coins and bullion that meet your specific needs.
The History of Silver IRAs
Prior to 1998, IRS limited individuals with IRA accounts to using only Gold & Silver American Eagles when they wished to include precious metals in their retirement accounts. Beginning in 1998, a change in the tax code permitted Americans to begin holding more forms and denominations of gold & silver, along with new precious metals, including platinum & palladium. Now, anyone with an approved precious metals IRA account can hold coins and bars of silver, gold, platinum, and palladium bullion that are minted at a specific threshold of fineness.