Precious Metals IRAs
The governments of the world are committed to devaluing the world's currencies. Former Federal Reserve Chair Alan Greenspan said in October 2014, "The Fed's balance sheet is a pile of tinder, but it hasn't been lit ... inflation will eventually have to rise." Greenspan also said in February 2015 that U.S. stocks are "without a doubt extremely overvalued." In 2013 the Governmant Accounting Office said the U.S. "is on an unsustainable fiscal path." In 2010 former Fed Chair Ben Bernanke said U.S. debt levels were "unsustainable," and our national debt has increased dramatically since then. Portfolio diversification is important now more than ever, and precious metals have been a time-tested way to store wealth for thousands of years.
Under these conditions it makes sense to diversify a portion of your portfolio into precious metals. Precious metals have become a popular alternative for assets held in IRA, 401(k), 403(b), and Pension Plans. Transferring funds into a precious metals IRA is a government approved, tax-free and penalty-free transfer. Call our offices today to make the transfer and insure your portfolio.
Investing in gold should not be done for the purpose of seeing returns so much as to protect your overall portfolio. While "traditional" investments can be left to make their traditional gains, investing 15-30% of your IRA in precious metals serves to help insure your portfolio against a drop in the value of the dollar.
As the joke goes, when the economist was asked how he was doing he responded, "compared to what?" When considering how our investments are performing it is important to look at the entire picture. The number of dollars in your account may be rising, but their overall purchasing power may be decreasing. Are your investments keeping up with the rising costs of commodity prices such as medical, food, and education costs?
How To Get StartedClient Steps:
1. Establish a new Precious Metals Self Directed IRA Custodian
2. Fund your IRA or transfer assets (rollover) from an existing IRA or 401K
3. Call the RPMEX and place your precious metals order. Toll free: (800) 257-3253
4. Receive order invoice from the RPMEX
5. Sign your invoice and fax it to Custodian
Self Directed IRA Services, Inc. and RPMEX Steps:
6. Custodian pays the RPMEX and sends shipping instructions
7. The RPMEX then ships your precious metals to the insured depository
8. The depository then verifies and stores client's precious metals
Documents From Our CustodianHow To Get Started Application - Traditional, Roth, and SEP Account Transfer Form
F.A.Q.sCan I "transfer" my existing IRA into precious metals?
Anyone who is under age 70.5 and has earned income is eligible for a Traditional IRA.
For a Roth IRA, an individual may contribute up to 100% of compensation or $5,000, whichever is less. In addition, individuals that attain age 50 by December 31 2010 may make a catch-up contribution of $1,000. Keep in mind that contributions made to both a Roth IRA and traditional IRA may not exceed the annual maximum limit.
Any employer or self-employed individual may establish a SEP IRA. An employee is eligible if the employee has reached age 21, worked for the employer for at least 3 of the last 5 years, and has at least $550 in compensation from the employer. Contributions of up to 25% of each employee's compensation, or $49,000, may be made into a SEP IRA. The maximum compensation that may be considered for 2010 is $245,000.
Pamp/Credit Suisse Bars .999 Fine
Canadian Maple Leaf
U.S. Buffalo Uncirculated version
Gold Bars-.995+Fine that are accredited by Comex/Nymex
Canadian Maple Leaf
Silver Bars-.999+ Fine that are accredited by Comex/Nymex
Canadian Maple Leaf
Isle of Man Noble Coins
Platinum Bars-.9995+Fine that are accredited by Comex/Nymex
Bars that are .9995+ Fine that are accredited by Comex/Nymex
Austrian 100, 20 and 10 Corona
Hungarian 100 Korona
Belgian 20 Franc
Italian 20 Lira
Mexican 50, 20, 10, 5, 2 1/2, and 2 Peso
Chilean 100 Peso
Columbian 5 Peso British Sovereign
South African Krugerrand
Dutch 10 Guilder
Swiss 20 Franc
French 20 Franc