What is a Gold IRA and How Does it Work?

This episode explains what a Gold IRA is and how it functions as a self-directed retirement account for investing in physical precious metals. It details the different types of Gold IRAs, such as Traditional, Roth, and SEP, along with their specific rules and benefits. it also outlines the six-step process for setting up a Gold IRA, from choosing a company and custodian to purchasing and securely storing IRS-approved metals in an approved depository. Furthermore, this episode discusses the benefits of Gold IRAs, including their potential as a hedge against inflation and for portfolio diversification, while also addressing potential risks and considerations like market volatility and fees.

After years of evaluating many different Gold IRA Companies we confidently recommend