1. Tax Advantages

Like any other IRA, a gold IRA offers the ability to accrue gains tax-free. Whether your gold IRA is a traditional IRA or a Roth IRA, it is subject to the same rules and regulations as every other IRA. That means that if you’re rolling over assets from another retirement account into your gold IRA, you don’t have to worry about excessive amounts of new red tape. Your gold IRA will allow you to enjoy the same tax advantages as your existing retirement accounts, while allowing you the benefit of owning physical gold coins or bars.

2. Rollover Ease

A gold IRA can be funded with existing retirement assets. If you currently have a 401(k), 403(b), TSP, IRA, or similar retirement account, you can roll over those assets into a gold IRA without tax consequences.

In some cases that may be dependent on whether your existing retirement accounts offer the ability to roll over your funds, but the overwhelming majority of investors won’t have any problems doing that. With a 401(k) to IRA rollover, you can move funds from your existing retirement accounts into your gold IRA with no tax consequences.

The process is relatively simple, and in most cases is reasonably quick. It just requires selling assets in your existing accounts, rolling those funds over into your gold IRA, and using those funds to buy gold. Goldco’s experienced representatives have helped thousands of investors through the rollover process, can answer all your questions about the rollover process, and assist you through every step of the process.

3. Financial Stability

The stability offered by gold is unmatched. That’s why it formed the basis of so many world currencies for so long. Because annual increases in the gold supply are minuscule when compared to the total supply of above-ground gold, there is no major inflation of the gold supply. Compare that to the fiat paper currencies that exist today, that have lost 95% or more of their purchasing power due to inflation, and you see why so many investors choose to invest in gold.

4. Wealth Appreciation

Gold’s ability to grow a portfolio’s value has been underappreciated for years. Since President Nixon closed the gold window in 1971, gold has actually outperformed both the S&P 500 and the Dow Jones Industrial Average, despite the amazing stock market bull run of 1982-2000. Gold’s performance in the 21st century has been even more amazing, with gold making more than double the gains of both the S&P and the Dow.

Looking at the economy today, you have to choose what assets you’re going to trust to protect your wealth over the rest of your investing career and into your retirement. Are you going to bet on stock markets, which have seen major crashes cost investors dearly since 2000, or are you going to place your trust in gold, which has more than proven its worth in recent years?

5. Diversification

Diversification strategies are numerous, and ultimately the decisions about allocation are up to individual investors and their risk appetite. But the general principles remain the same. Diversifying your assets with physical gold and silver can protect against inflation, currency risk, default risk, geographic risk, and financial crisis.

Gold has seen a 9.02% annualized average since the beginning of the century. It has not only made great gains over the past two decades, but it also continues to act as a great hedge against inflation and financial crises. When financial conditions show signs of deterioration, as they do now, investors flock to gold to protect their assets.

With a gold IRA investors can even transfer existing retirement assets from 401(k), IRA, TSP, or similar accounts, allowing them to lock in gains from their stock and bond holdings and protect those gains when markets begin to decline.