Whatever the size your portfolio may be, it is important to get balance right by diversifying your assets. It increases the odds of you being able to weather volatile markets and turbulent times. Diversifying your assets is especially critical when it comes to your retirement savings. The trouble is that while all IRAs offer great tax advantages, most don’t allow you any control over what your money is placed in. So you cannot really balance your portfolio appropriately. But there is an alternative. With a self-directed IRA, you get to choose the asset class that you want to place your money in. Financial experts have always recommended placing about 10 per cent of your funds in precious metals as a prudent strategy. With a self-directed IRA, you can do this easily and conveniently with Kitco.
For generations, people have understood the value of precious metals as a buffer against financial instability and inflation. Unlike most other assets, precious metals tend to retain their value. Historic trends show that precious metal values bear a low correlation to the market changes that dramatically impact other assets. Gold, silver, platinum and palladium have therefore helped bolster people’s savings against the effects of unpredictable events. They can serve the same function in your IRA.
At the end of the term of your precious metal IRA, you can cash out your metal holdings or choose to take possession of physical coins or bars that you can sell later. So, in addition to having a better balanced portfolio, you have the advantage of flexibility with a precious metal IRA.
You can move your IRA to precious metals by transferring your existing IRA or by rolling over your 401K to one of the reputed IRA custodians we work with. First, you have to open an account with the IRA trust company of your choice and authorize them to nominate Kitco as your account representative. This will help us facilitate your transfer or roll-over. There is some paperwork involved and there are certain rules and regulations to comply with. Our customer service representatives will explain the formalities when you call them.
You also have the option of rolling your 401K over into a precious metal IRA. Kitco can help you do this too and can supply the precious metals for your IRA. To know more about the roll-over option, please call us on 1-877-775-4826.
Kitco offers a very wide range of products that meet these requirements. For your IRA or 401K, you can choose from among the following.
Sterling Trust Company GoldStar Trust Company Provident Trust Group NuView IRA, Inc Sunwest Trust American Estate & Trust Self Directed IRA Services The Kingdom Trust Company Next Generation Trust Services
What are the official rules and regulations that govern IRAs? Are you ready to get started? |