What is a Gold IRA?
A gold IRA or precious metals IRA is an Individual Retirement Account that includes physical gold, or other IRS approved precious metals (such as silver, platinum, and palladium). An IRS approved custodian holds in custody the contents of the Gold IRA for the benefit of the account owner. A Gold IRA functions in the same way as a traditional IRA, however, instead of holding paper assets, you can buy and own physical bullion coins or bars.
Since gold is the most common precious metal invested into an IRA, the term “gold IRA” is used the most often in the industry to refer to a retirement account containing any combination of approved precious metals.
You may have little to no say in your investments if you choose a conventional IRA or 401(k) with a bank or brokerage firm. But when you open a self-directed IRA with First Capital Gold, you are empowered to make your own investment decisions and choose for yourself which IRA eligible precious metal coins, bullion, and bars to invest in.
Choosing A Gold IRA Company
We understand that there are many choices when it comes to selecting a Gold IRA company with which to work. More importantly, we recognize that meeting your retirement plans and goals are the key to your financial future. That is why at First Capital Gold we are ready to show you that we are one of the top Gold IRA companies in the industry. From our leadership and IRA advisors to our support staff, we are here to encourage and assist you in setting up your Gold IRA as a diversification to your existing retirement plans. At First Capital Gold, we believe that having a self-directed IRA backed by IRS approved gold coins, bullion and bars and other approved precious metal products is a sound diversification of anyone’s retirement portfolio and a major reason someone should consider investing in gold as part of their retirement planning.
WHY INVEST IN GOLD?
Adding precious metals can significantly reduce your overall portfolio volatility, create a hedge against economic downturn, and add an opportunity for capital appreciation.
TYPES OF RETIREMENT ACCOUNTS
Retirement plans can be confusing. Call First Capital Gold at (833) 246-5387 and one of our Precious Metals IRA experts will explain how each is different, from IRAs and 401(k)s to Thrift Savings Plans and Tax-Sheltered Annuities.
IRS APPROVED GOLD AND SILVER
You can hold approved Gold, Silver, Palladium, and Platinum in your IRA Account. Here’s a list of IRS Approved coins and bars.