IRA Investing with Precious Metals
Retirement savings: Gold, Silver, Platinum and Palladium
Empire Wealth Management Group Can Help Prevent an Unnecessary Loss And Protect Long Term Interests
Investors can rollover their stock-based IRA into a precious metals IRA. Gold, silver, platinum or palladium can be purchased and held in an individual retirement account. Many experts recommend that at least 10% of retirement dollars be in precious metals. It makes strong, conservative fiscal sense to diversify holdings, especially long-term vehicles such as IRAs with hard assets such as precious metals.
Combined Expertise = A Winning Retirement Strategy
Empire Wealth Management Group, is the expert in precious metals; The Entrust Group is the expert in IRAs. It’s a perfect match! Clients enjoy and receive the benefit of combined expertise.
Empire Wealth Management Group provides the following items that are permitted in Precious Metals IRAs:
Gold IRA (.995+ fine) bars
Silver IRA (.999+ fine) bars
Platinum IRA (.9995+ fine) bars
Palladium IRA (.9995+ fine) bars
Empire has made it easier than ever to rollover IRAs or open an additional new IRA through its established working relationships with The Entrust Group. Empire now works exclusively with this financial company because of its exceptional working business relationship along with their reputation in the industry.
This partnership ensures a smooth, easy and direct experience when setting up precious metal IRAs.
Start Now – Before You Lose Even More In The Unsettled Markets
Establish, transfer or rollover your precious metals IRA account today with The Entrust Group. Once you have done this, place an order with us—be sure to let us know your purchase is for an IRA account.
Don’t Wait Any Longer! Your Retirement May Depend On It!
As the stock market continues to tumble the flames are making fast work of your money. All IRA purchases must be done over the telephone, so Call Us today at (212) 742-8412 and we will help you put out the flames and regain control over your retirement.
Q. Can a person have more than one IRA?
A. There is no problem with having more than one IRA. However, the maximum deferred annual contribution, which is currently $4000 for an individual, is not applied to each IRA; it is the maximum total for the year.
Q. Can I transfer money from an existing IRA account to fund my precious metals IRA, without incurring any tax penalties?
A. If you have an existing IRA or 401K the easiest way to set up a new precious metal IRA is by Direct Roll – Over. You transfer the amount you want to spend into a new IRA and there are no tax penalties. Your IRA custodian knows exactly how to do this and they will facilitate the process.
Q. What types of IRA’S are eligible to rollover?
A. All IRA’s (Standard IRA, Roth IRA and SEP IRA) can have a direct rollover. You can speak with your IRA custodian for details or any limitations.
Q. Can I open a new IRA with cash?
A. You can open a new IRA with cash. The tax benefits will only be on the first $4000. The advantage of putting in more than $4000 is that any gains are deferred until you actually make a withdrawal. The negative is that there are penalties for withdrawals before age 59 ½. We would suggest you discuss this issue with your IRA custodian.
Q. Does Empire have a minimum dollar amount for an IRA purchase?
A. Yes the minimum amount for an IRA purchase from Empire is $10,000. It is simply not financially beneficial for the customer on a dollar amount less than $10,000 once you factor in yearly custodial fees.
Transfer Or Rollover From An Existing IRA
Putting your money into a precious metals IRA such as a gold IRA doesn’t have to be as daunting as it sounds. Depending upon your specific circumstances, you may:
Transfer An Existing IRA
This is something you can do at any time with your existing IRA, as long as the assets go from “custodian to custodian.” That is, in a direct transfer, the asset is transferred directly from one IRA custodian to another.
After completing the direct transfer; you simply begin receiving statements from your new IRA custodian. The distribution check from the old IRA must be made out in the name of the trustee or custodian of the IRA account that receives the rolled-over funds. Transfers may be made as often as you want. You can be assured that Empire can explain the entire transfer process simply and easily.
Rollover An Existing IRA
A rollover occurs when you get the money from an existing IRA and then deposit it into another IRA. In this case, you would need to deposit the funds into a new IRA within 60 days. If the 60-day time period is exceeded, you would be liable for taxes and penalties.
You may roll over the same money once every 12 months, and it will preserve the tax-deferred status of your retirement savings.
Establish A New IRA
At Empire, we have made it easier than ever to open a precious metals IRA such as an gold IRA account through our established working relations with The Entrust Group. This company offers the high-quality, reliable service we value for our customers and clients.
