Steps To Setup A Gold IRA Account

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There’s a lot of confusion and misinformation about how this entire process works.  There’s 3 steps involved in the process, and I’ll explain each of them below:

ira-gold

Step 1: Choose A Custodian – A gold IRA custodian will help you file all the necessary paperwork with the IRS and make sure you’re fully compliant with their regulations.  They’ll help answer any questions you may have and make sure you’re existing retirement account is eligible for a rollover.

Step 2: Fund Your IRA – Purchase your precious metals from a reputable dealer, and fund your 401k to gold IRA rollover
account.  Your custodian can help you find a gold company to purchase your metals from, and can assist with choosing which types of metal is best for you.  You can choose between bars and coins, but there’s pros and cons to each.

Step 3:  Choose a Depository – Choose an IRS-approved depository or trustee to store your physical gold.  The IRS doesn’t allow you to store the precious metals in your home.

 

Which IRA Custodian Do We Recommend?

Whether you want to open up a new gold IRA account or convert your existing ira or 401k, the company that we recommend most is Regal Assets.  Here’s why Regal Assets is the best in the industry:

  • A+ Rating With The Better Business Bureau and 5-Star Rating on TrustLink.org
  • Lowest Storage Fees For Your Gold
  • Experienced Staff Available 24/7 To Answer All Your Questions
  • All Fees Are Waived For The First Year
  • Guarantees Delivery of Your Gold Within 7 Days

Whether you have a 401k, traditional IRA, or a pension plan, you can still quality for a gold IRA rollover with zero tax implications.  This means that you can safely convert money into your gold IRA without risking any penalties or losing any of your money to taxes.

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What is a Reverse Mortgage?

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Let’s think of it as a loan, a Reverse Mortgage is a loan you never have to pay back as long as you live in your home.

This is a government approved FHA loan that allows you to take the equity out of your home without paying any income taxes, and, allows you to live in the home as long as you want.

We will show you how to qualify for the loan. Both the advantages of, and the pitfalls or disadvantages. And most important, rates and the costs associated with the loan.

If you are a senior you may qualify for a Reverse Mortgage the requirements are different so check it out.

It is very important that you get several quotes. Although the rates are established by FHA the margin is not. So be careful before you accept any offer. Remember if it sounds too good to be true it probably isn’t.

Let’s just go slow. Remember, one step at a time.

Let’s see how it works.

1. How do I qualify?

2. Advantages of this type loan.

3. Pitfalls of a Reverse Mortgages

4. Let’s discuss interest rate and costs

Click Here and get the latest news https://www.reversemortgagepros.ca/reverse-mortgage/reverse-mortgage-rates-penalties/