(MENAFNEditorial)
LOS ANGELES – Regal Assets a leading buyer and seller of precious metals is now providing information on how to buy gold for retirement including Gold IRAs. Those interested in investing in gold can request free informational gold IRA rollover kits through its website in addition to online IRA setup services.
Gold IRAs are retirement accounts backed by precious metals. According to Regal Assets' website Gold IRAs can reduce the volatility of retirement portfolios because they historically move counter to the direction of stocks bonds and mutual funds.
There are several ways adding gold to an existing retirement account can help improve the profitability and safety of retirement portfolios including increasing returns without adding risk and reducing risk without adversely affecting returns.
The U.S. government allows a range of precious metals to be held in retirement accounts such as gold coins and bullion silver coins and bullion platinum coins and bullion and palladium bullion. Some restrictions apply.
While those wanting to invest in precious metals for retirement can always set up a new Gold IRA through Regal Assets those wanting to incorporate precious metals into an existing retirement plan have two choices: a transfer or a rollover. According to Regal Assets it has facilitated thousands of these types of transactions for its customers.
A transfer is something that can be done at any time with an existing IRA as long as assets go from custodian to custodian.
In other words the distribution check from the old IRA custodian must be made out to the trustee or custodian of the new IRA account. There is no limit to the number of transfers that can be made.
A rollover occurs when the account holder receives the distribution check from the current custodian and deposits it themselves into another custodial retirement account. The funds must be re-deposited within 60 days or else taxes and penalties apply to the money withdrawn. Only one rollover can be made each year to preserve the tax-deferred status of the retirement savings.
Other ways to invest for retirement is to buy physical gold. Regal Assets offers investors two options when buying gold this way – gold bullion and rare gold.
Gold bullion is the most popular choice for investors since it trades closest to the spot price of gold.
Rare gold is gold that is no longer being minted or minted in very limited supply. It is valuable for its gold content and its collectibility.
About Regal Assets
As an A+ rated business with the Better Business Bureau and a 5-star rated business with TrustLink Regal Assets has a track record of customer satisfaction. It strives to maintain the greatest web presence of any precious metals site and prides itself on putting clients first. In addition to buying and selling precious metals Regal Assets provides educational information for new investors on the precious metals industry.
Contact:
Ron Gaines
877-962-1133
gaines1977@gmail.com
3450 Cahuenga Blvd. W. Building 705
Los Angeles CA 90068
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