Gold & Silver Central

SILVER BOOM: Silver to Outperform Gold?


Listen Later

GOLD & SILVER GUIDEhttps://geni.us/AugustaFreeGuide 

(Or call at 833-989-1952 for more info)


What Is a Gold/Precious Metals IRA?

These individual retirement accounts were created with the Taxpayer Relief Act of 1997.

Under the Act, the IRS broadened the types of assets that could be held in this type of account to include physical gold, silver, platinum, and palladium, either as coins or bullion.

Since gold is the most popular of the four precious metals, these accounts are commonly referred to as gold IRAs.

Just like traditional IRAs, all increases in the value of your gold and silver are tax-deferred until you withdraw the funds from your account.

Gold IRAs come in three types:

Roth Gold IRA (Post-Tax) – you invest with after-tax dollars, but all withdrawals during retirement are tax-free.

Traditional Gold IRA (Pre-Taxed) – your deposits may be tax deductible, while your withdrawals during retirement will be taxed as regular income.

SEP Gold IRA – a Simplified Employee Pension IRA that is available to small business owners, their employees, and self-employed workers.

As part of the individual retirement account, you must store your physical gold at an IRS-approved facility, like a bank or depository.

You can’t take actual possession of your gold, or it will be treated as a withdrawal under IRS rules and may be subject to penalties.


Call Augusta at 833-989-1952 or download your FREE precious metals guide to learn more: ►►► https://geni.us/AugustaFreeGuide


----------------------------------------------------------------------------------------------

> Learn more about our #1 recommended Gold IRA firm.

> Subscribe to our Gold & Silver Central YouTube channel.

> Join the fastest growing stock investment newsletter today.

(Use code GSC20 to get 20% OFF any newsletter plan you choose!)

----------------------------------------------------------------------------------------------

Disclaimer & Disclosure statements:

Gold & Silver Central is for informational and educational purposes only and does not offer any personal financial advice. Please note that past performance does not guarantee future results, and always consult with a financial advisor before making any decisions.

We are also viewer-supported and may be compensated from the links above (at no additional cost to you). Click here to learn more.

...more
View all episodesView all episodes
Download on the App Store

Gold & Silver CentralBy David & Richard

  • 4
  • 4
  • 4
  • 4
  • 4

4

3 ratings


More shows like Gold & Silver Central

View all
Radiolab by WNYC Studios

Radiolab

43,914 Listeners

The Peter Schiff Show Podcast by Peter Schiff

The Peter Schiff Show Podcast

5,678 Listeners

Money Metals' Weekly Market Wrap Podcast by Money Metals Exchange

Money Metals' Weekly Market Wrap Podcast

139 Listeners

Sprott Money News by Sprott Money

Sprott Money News

147 Listeners

SchiffGold Friday Gold Wrap Podcast by SchiffGold

SchiffGold Friday Gold Wrap Podcast

79 Listeners

Palisades Gold Radio by Collin Kettell

Palisades Gold Radio

261 Listeners

Arcadia Economics by Arcadia Economics

Arcadia Economics

61 Listeners

The Gold Exchange Podcast by Monetary Metals

The Gold Exchange Podcast

16 Listeners

ITM Trading Podcast by The Daniela Cambone Show and Taylor Made Economics

ITM Trading Podcast

74 Listeners

Morning Wire by The Daily Wire

Morning Wire

26,645 Listeners

Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

Thoughtful Money with Adam Taggart

407 Listeners

The Tucker Carlson Show by Tucker Carlson Network

The Tucker Carlson Show

17,134 Listeners

Simply Bitcoin by Simply Bitcoin

Simply Bitcoin

99 Listeners

SILVER / GOLD / $UFD Meme Coin Investing & Global Economics by Ronald Branstetter

SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

4 Listeners

Commodity Culture by Jesse Day

Commodity Culture

19 Listeners