{"id":29514,"date":"2023-10-18T15:00:44","date_gmt":"2023-10-18T22:00:44","guid":{"rendered":"https:\/\/www.advantagegold.com\/?p=29514"},"modified":"2024-08-13T23:05:25","modified_gmt":"2024-08-13T23:05:25","slug":"investing-in-a-gold-ira","status":"publish","type":"post","link":"https:\/\/www.advantagegold.com\/blog\/investing-in-a-gold-ira\/","title":{"rendered":"Investing in a Gold IRA: The Pros and Cons"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">There are pros and cons to every investment. Nothing is a sure thing, and you must consider many factors when deciding where to invest your money.\u202f <\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong><a href=\"https:\/\/www.advantagegold.com\/gold-ira\/\">The Gold IRA<\/a><\/strong> is no exception.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Our goal is to educate you on <strong><a href=\"https:\/\/www.advantagegold.com\/blog\/how-to-invest-in-a-gold-ira\/\">how to invest in a Gold IRA<\/a><\/strong> and help you decide if investing in a Gold IRA is right for you.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">What is a Gold IRA?\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A Gold IRA is an individual retirement account allowing you to own physical gold and certain other precious metals as assets.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is much like the traditional IRA, Self Employed Pension (SEP) IRA, or Roth IRA that you may already be familiar with, but with one significant difference: A Gold IRA is self-directed\u2014meaning you pick and choose exactly what you want to invest in and how much.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When determining how to invest in a Gold IRA, consult your tax adviser or CPA and decide which plan is right for you.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">The Current State of Gold Pricing<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The price of gold is constantly changing. Some factors that affect gold prices are:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Geopolitical risk<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Inflation<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Interest rates<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Stock market concerns<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">World news<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><strong><a href=\"https:\/\/www.reuters.com\/article\/us-gold-factbox-idUSTRE51J4MN20090220#\" target=\"_blank\" rel=\"noopener\">In August 1999, the price of gold was $251 per ounce.<\/a><\/strong> Since then, it has appreciated more than 650% to its August 2023 price of over $1,940 per ounce.\u202f <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The price of gold peaked during the <\/span><span style=\"font-weight: 400;\">pandemic, reaching <\/span><span style=\"font-weight: 400;\">an all-time high of<\/span><a href=\"https:\/\/www.forbes.com\/advisor\/investing\/gold-price-rising\/\" target=\"_blank\" rel=\"noopener\"> <span style=\"font-weight: 400;\">$2,075 per ounce<\/span><\/a><span style=\"font-weight: 400;\"> in August 2020.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Still hovering near its all-time high during these inflationary times, <\/span><span style=\"font-weight: 400;\">many consider gold a\u202f<\/span><a href=\"https:\/\/www.investopedia.com\/terms\/s\/safe-haven.asp\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">safe-haven asset<\/span><\/a><span style=\"font-weight: 400;\">. <\/span><span style=\"font-weight: 400;\">Some see $1,900 to $2,000 as a new floor for the price of gold.\u202f\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/06\/05\/morgan-stanleys-mike-wilson-says-dont-buy-this-breakout-a-market-correction-is-coming.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Many investors<\/span><\/a> <span style=\"font-weight: 400;\">also feel a stock market correction and economic recession loom in the near future. Such events <\/span><span style=\"font-weight: 400;\">have typically <\/span><span style=\"font-weight: 400;\">boded <\/span><span style=\"font-weight: 400;\">well for the price of gold.\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There have been eight recessions between 1973 and 2020.\u202f<\/span><a href=\"https:\/\/www.cmegroup.com\/openmarkets\/metals\/2023\/How-Does-Gold-Perform-with-Inflation-Stagflation-and-Recession.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Gold has outperformed the S&amp;P 500 in all of them except 1981 and 1990<\/span><\/a><span style=\"font-weight: 400;\"> except 1981 and 1990.\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Inflationary periods seem to be another time when gold shines.\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While we have felt the sting of inflation over the past several years<\/span><span style=\"font-weight: 400;\">,\u202fwe\u2019ve seen that <\/span><strong><a href=\"https:\/\/tools.advantagegold.com\/\">gold historically does well when the stock market is suffering.\u00a0<\/a><\/strong><\/p>\n<p><span style=\"font-weight: 400;\">With countries at war, rising interest rates, inflation, and a possible recession on the horizon, gold may be perfectly <\/span><span style=\"font-weight: 400;\">positioned<\/span><span style=\"font-weight: 400;\"> for a strong move to the upside. <\/span><\/p>\n<h2><span style=\"font-weight: 400;\">The Pros and Cons of Gold IRAs\u00a0<\/span><\/h2>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-29640 size-large\" src=\"https:\/\/www.advantagegold.com\/wp-content\/uploads\/2023\/10\/unnamed-2-1-700x1286.png\" alt=\"\" width=\"557\" height=\"1024\" \/><\/p>\n<p><span style=\"font-weight: 400;\">That leads to one central question: <\/span><span style=\"font-weight: 400;\">Is a Gold IRA a good idea<\/span><span style=\"font-weight: 400;\"> right now? It may seem that the timing is perfect, but timing is only one factor. Let\u2019s examine the pros and cons of <\/span><span style=\"font-weight: 400;\">investing in a Gold IRA<\/span><span style=\"font-weight: 400;\">.\u202f\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Gold IRA Benefits\u00a0<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Investors feel the<\/span><strong><a href=\"https:\/\/www.advantagegold.com\/2023\/01\/01\/5-reasons-need-own-gold\/\"> need to own gold<\/a><\/strong> <span style=\"font-weight: 400;\">for many reasons<\/span><b>,<\/b><span style=\"font-weight: 400;\"> driving them toward <\/span><span style=\"font-weight: 400;\">investing in a Gold IRA<\/span><span style=\"font-weight: 400;\">.<\/span> <span style=\"font-weight: 400;\">These factors include but aren\u2019t limited to:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A possible hedge against inflation\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Historically identified as a safe-haven asset\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tax advantages\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Portfolio diversification\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A tangible asset <\/span><\/li>\n<\/ul>\n<p><b><i>Hedge Against Inflation<\/i><\/b><\/p>\n<p><span style=\"font-weight: 400;\">There are multiple reasons that can explain why gold tends to perform well during periods of high inflation.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Gold is priced in dollars. As inflation edges product prices up, gold\u2019s price usually follows suit. As with most products, there\u2019s a decent chance the price of an ounce of gold today will be more than it cost to buy that ounce of gold yesterday. By owning gold, you can help preserve the purchasing power of your invested dollars.\u202f\u00a0<\/span><\/p>\n<p><b><i>Safe-Haven Asset<\/i><\/b><\/p>\n<p><span style=\"font-weight: 400;\">Linked to that same ideology of wealth preservation, investors often turn to gold as a safe-haven investment.\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">During recessions, stock market corrections, and inflation-heavy periods, investors often seek a safe shelter to park their funds. Many find gold, and increasingly, the Gold IRA, as perfect places to weather the storm and position themselves for future gains.\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By securing your already invested funds by converting them into gold within your individual retirement account, you can protect them from a falling stock market and dollar and potentially see appreciation as those other products fall in value.\u202f<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><b><i>Tax Advantages<\/i><\/b><\/p>\n<p><span style=\"font-weight: 400;\">No matter the type, an IRA provides tax advantages. <\/span><span style=\"font-weight: 400;\">Investing in a Gold IRA<\/span><span style=\"font-weight: 400;\"> offers those same advantages.\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Traditional and SEP IRAs allow contributions on a pre-tax basis. Those contributions may be tax-deductible in the year made and contribute positively to your tax consequence.\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Withdrawals are allowed after age 59 \u00bd, when it is assumed that earned income will be less, and the impending taxes owed on the IRA funds will also be lower.\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You\u2019ll make Gold Roth IRA contributions with after-tax funds, and after age 59 \u00bd, the withdrawals are tax-free.\u202f\u00a0<\/span><\/p>\n<p><b><i>A Diversified Portfolio<\/i><\/b><\/p>\n<p><span style=\"font-weight: 400;\">A Gold IRA can give you true diversification in your portfolio.\u202f\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Gold is a separate asset class from stocks and can balance your asset allocation. It\u2019s<\/span><a href=\"https:\/\/www.gold.org\/goldhub\/data\/gold-correlation\" target=\"_blank\" rel=\"noopener\"> <span style=\"font-weight: 400;\">not correlated to the stock market<\/span><\/a><span style=\"font-weight: 400;\">.\u202f\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Gold does not move up or down because other stocks are moving up or down.\u202fIt tends to move up when stocks move down and tends to move down when stocks move up.\u202f\u00a0<\/span><\/p>\n<p><b><i>Tangible Assets<\/i><\/b><\/p>\n<p><span style=\"font-weight: 400;\">The gold you own in your Gold IRA is physical. Without much difficulty, you can arrange a visit to the depository and hold it in your hands.\u202f\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Gold has had value for thousands of years and is unlikely to go to zero.\u00a0<\/span><\/p>\n<p><em><b>Gold IRA Disadvantages<\/b><\/em><\/p>\n<p><span style=\"font-weight: 400;\">Before <\/span><span style=\"font-weight: 400;\">investing in a Gold IRA<\/span><span style=\"font-weight: 400;\">, you should understand its disadvantages. While you may agree that these are easy to deal with, you should still prepare to acknowledge them. If you have concerns, a<\/span><strong><a href=\"https:\/\/www.advantagegold.com\/blog\/how-to-choose-the-best-gold-ira-company\/\"> reputable Gold IRA company<\/a><\/strong><span style=\"font-weight: 400;\"> can help guide you through them and rectify any issues that arise with:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fees\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Potential illiquidity\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Setup process\u00a0<\/span><\/li>\n<\/ul>\n<p><b><i>Fees<\/i><\/b><\/p>\n<p><span style=\"font-weight: 400;\">Investing in a Gold IRA<\/span><span style=\"font-weight: 400;\"> involves several fees. But many investors find the fees a small price to pay for the excellent services you get in return.\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There is typically a custodial setup fee of less than <\/span><span style=\"font-weight: 400;\">$100<\/span><span style=\"font-weight: 400;\">. It is a one-time fee that you pay to establish the account.\u202f\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Yearly fees can range from around $100 to almost $300. The price depends on whether you simply want to own precious metals in your portfolio or to own precious metals, stocks, bonds, and other allowable assets in the same account.\u202f\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Keep in mind that the yearly fee includes all custodial responsibilities, such as:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Sending account-owner statements\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mandatory reporting to the IRS\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ensuring only allowable activity happens inside the IRA\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Custodial safekeeping of all assets in the IRA\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Storing metals in the depository of your choice\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Insuring your stored metals\u00a0<\/span><\/li>\n<\/ul>\n<p><b><i>Potential Illiquidity<\/i><\/b><\/p>\n<p><span style=\"font-weight: 400;\">Because you will own actual physical gold <\/span><span style=\"font-weight: 400;\">inside your <\/span><span style=\"font-weight: 400;\">Gold IRA, <\/span><span style=\"font-weight: 400;\">you will eventually have to liquidate it, unless you decide to pass it onto future generations.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Typically, a physical gold owner must find a buyer, transport the metals, and enact a safe transaction. <\/span><span style=\"font-weight: 400;\">This can <\/span><span style=\"font-weight: 400;\">be frustrating to navigate.\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Luckily,\u202fa<\/span><strong><a href=\"http:\/\/www.advantagegold.com\/\"> trusted Gold IRA company <\/a><\/strong><span style=\"font-weight: 400;\">can help alleviate these concerns.\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Highly rated companies, such as Advantage Gold, have processes that eliminate the need for the account holder to do any of that.\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Liquidations are normally handled in-house, and funds are deposited directly into your IRA. This eliminates the worry of withdrawing or taking large sums of cash.\u202f\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Because of the strict guidelines enacted by the IRS,<\/span><strong><a href=\"https:\/\/www.advantagegold.com\/approved-precious-metals\/gold-coins\/\"> IRA-eligible coins<\/a><\/strong><span style=\"font-weight: 400;\"> are some of the finest and most recognizable in the world. If you decide to take possession, you can generally liquidate the coins or bars relatively easily.\u202f\u00a0<\/span><\/p>\n<p><b><i>The Setup Process<\/i><\/b><\/p>\n<p><span style=\"font-weight: 400;\">Individual retirement accounts take a small bit of time and effort to establish. You must complete the application process, fund your account, and choose and purchase your gold.\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Although it might sound daunting, choosing the right Gold IRA company will alleviate the stress.\u202f\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A seasoned Gold IRA firm\u2014such as Advantage Gold\u2014has trained account executives <\/span><span style=\"font-weight: 400;\">who<\/span><span style=\"font-weight: 400;\"> will walk you through every step of the <\/span><span style=\"font-weight: 400;\">process.\u202fWith <\/span><span style=\"font-weight: 400;\">their guidance<\/span><span style=\"font-weight: 400;\">, completing the application usually takes 30 <\/span><span style=\"font-weight: 400;\">minutes or less.\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Their award-winning IRA department will liaise with the custodian to ensure that paperwork is submitted correctly.\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This teamwork helps eliminate any delays in processing and assures a smooth transition into the Gold IRA.<\/span><\/p>\n<p><img decoding=\"async\" width=\"512\" height=\"470\" class=\"alignnone size-full wp-image-29638\" src=\"https:\/\/www.advantagegold.com\/wp-content\/uploads\/2023\/07\/5factors.png\" alt=\"\" srcset=\"https:\/\/www.advantagegold.com\/wp-content\/uploads\/2023\/07\/5factors.png 512w, https:\/\/www.advantagegold.com\/wp-content\/uploads\/2023\/07\/5factors-300x275.png 300w\" sizes=\"(max-width: 512px) 100vw, 512px\" \/><\/p>\n<h2><span style=\"font-weight: 400;\">Is a Gold IRA Good Idea for Your Portfolio?\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">As we\u2019ve covered, a Gold IRA may be a good idea for your portfolio if you are looking for a:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Hedge against inflation<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Safe-haven asset<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tangible investment vehicle<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Portfolio diversifier<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tax advantaged investment<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">While no two portfolios are the same, most investors are looking for time-tested safety and performance. Gold often offers both.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A Gold IRA may be the perfect way to fulfill your investment needs, and do it with funds that are already in your retirement account.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Consider Gold IRA Costs<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Remember that you will incur fees with your Gold IRA. Though most consider them nominal for the extent of services provided, you must still consider the fee structure and be comfortable with it. <\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Understand Gold IRA Rules\u00a0<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">With few exceptions, IRA funds are eligible for penalty free withdrawal at age 59 \u00bd. This rule covers traditional, Roth, and SEP IRAs.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The IRS taxes eligible withdrawals from traditional and SEP IRAs as ordinary income in the year of the withdrawal.\u202f <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Starting at age 73, you must begin withdrawals from traditional and SEP plans. You must take these required minimum distributions (RMDs) yearly. They <\/span><span style=\"font-weight: 400;\">aim<\/span><span style=\"font-weight: 400;\"> to fulfill the unpaid tax liability of the IRA.\u202f <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Eligible withdrawals from a Roth IRA are tax-free.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Because you contribute funds on an after-tax basis, a Roth IRA accumulates no unpaid tax liability. A Roth IRA has no period of RMDs, and you do not have to withdraw funds within a specific time frame.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another important set of rules to remember with the Gold IRA pertains to precious metals.\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The IRS mandates that <\/span><span style=\"font-weight: 400;\">IRAs contain <\/span><span style=\"font-weight: 400;\">only investment-grade <\/span><span style=\"font-weight: 400;\">gold. <\/span><span style=\"font-weight: 400;\">Gold coins and bars are only eligible<\/span><span style=\"font-weight: 400;\"> if they meet the following conditions:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Coins <\/span><span style=\"font-weight: 400;\">must be <\/span><span style=\"font-weight: 400;\">new, uncirculated, and in perfect physical condition\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Coins must come from government mints\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Proof coins must come in their original packaging and include a certificate of authenticity\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Gold\u202fmust be 99.5% pure <\/span><span style=\"font-weight: 400;\">(with the exception of the\u202f<\/span><strong><a href=\"https:\/\/www.advantagegold.com\/precious-metals\/american-gold-eagle-bullion-coins\/\">American Gold Eagle Coin<\/a><\/strong><span style=\"font-weight: 400;\">)\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bars must come from approved manufacturers\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">These standards help eliminate speculative products and help ensure the long-term success of your investment. <\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Find a Custodian\u00a0<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Typically a bank, credit union, or non-depository bank, custodians <\/span><span style=\"font-weight: 400;\">must satisfy IRS standards <\/span><span style=\"font-weight: 400;\">to maintain custody of assets in an IRA. State and federal agencies heavily regulate custodians and oversee their processes.\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The custodian executes the investment <\/span><span style=\"font-weight: 400;\">decisions you <\/span><span style=\"font-weight: 400;\">make for your IRA. It also ensures that all investment decisions are allowable and eligible for the IRA.\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Long-standing Gold IRA companies typically have an ongoing relationship with one custodian. This ensures smooth dealings and familiarity with the systems of both companies.\u202f\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Advantage Gold partners with\u202f<\/span><a href=\"https:\/\/www.stratatrust.com\/self-directed-iras\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Strata Trust<\/span><\/a><span style=\"font-weight: 400;\"> as <\/span><span style=\"font-weight: 400;\">its<\/span><span style=\"font-weight: 400;\"> custodian of choice.\u202fStrata is <\/span><span style=\"font-weight: 400;\">a Gold IRA industry leader with <\/span><span style=\"font-weight: 400;\">years of service to IRA gold owners.\u202f <\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Ready to Learn More About Gold IRAs?\u00a0\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">After reviewing the pros and cons of <\/span><span style=\"font-weight: 400;\">investing in a Gold IRA<\/span><span style=\"font-weight: 400;\">, we hope <\/span><span style=\"font-weight: 400;\">you\u2019ve gained <\/span><span style=\"font-weight: 400;\">a clear understanding of both.\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While no investment is perfect or guaranteed, the Gold IRA\u2019s advantages seem to dwarf the drawbacks.\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Our trained account executives at Advantage Gold will walk you through the process and show you how easy it is to own physical gold in your portfolio.\u202f\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Call today or<\/span><strong><a href=\"https:\/\/www.advantagegold.com\/contact\/\"> send us your contact information<\/a><\/strong><span style=\"font-weight: 400;\">, and we\u2019ll get in touch.\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We look forward to speaking with you and are happy to help.<\/span><span style=\"font-weight: 400;\">\u00a0 <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are pros and cons to every investment. Nothing is a sure thing, and you must consider many factors when deciding where to invest your money.\u202f The Gold IRA is no exception.\u00a0 Our goal is to educate you on how to invest in a Gold IRA and help you decide if investing in a Gold [&hellip;]<\/p>\n","protected":false},"author":18,"featured_media":30343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[47,1389,127],"tags":[1281],"class_list":["post-29514","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gold-archive","category-gold-ira-guide","category-ira","tag-is-a-gold-ira-a-good-idea"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.advantagegold.com\/wp-json\/wp\/v2\/posts\/29514"}],"collection":[{"href":"https:\/\/www.advantagegold.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.advantagegold.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.advantagegold.com\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.advantagegold.com\/wp-json\/wp\/v2\/comments?post=29514"}],"version-history":[{"count":0,"href":"https:\/\/www.advantagegold.com\/wp-json\/wp\/v2\/posts\/29514\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.advantagegold.com\/wp-json\/wp\/v2\/media\/30343"}],"wp:attachment":[{"href":"https:\/\/www.advantagegold.com\/wp-json\/wp\/v2\/media?parent=29514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.advantagegold.com\/wp-json\/wp\/v2\/categories?post=29514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.advantagegold.com\/wp-json\/wp\/v2\/tags?post=29514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}