Setting up a gold and silver IRA is a great way to invest in your future. Both metals are time-tested stores of value that offer protection from economic instability. Platinum and palladium IRAs are also excellent options, as their scarcity and high industrial demand give both metals significant potential for growth. Here’s what you should know:
Consider nesting your retirement in a precious metals retirement account today in three easy steps:
Converting your IRA or former 401(k) into a precious metals IRA is that easy!
Both physical bullion and a gold and silver IRA offer true diversification, solid protection, and excellent profit potential for any portfolio. When you secure gold within your retirement portfolio, nothing comes between you and your physical asset. Endeavor Metals believes it would be an oversight to rely solely on gold ETFs and mining stocks to gain true diversification.
Aside from being an excellent store of value, gold and silver are considered liquid assets. They can readily be converted into cash or goods when needed because they’re globally recognized currencies. Whether you purchase physical bullion coins or bars or open a gold and silver IRA, you can be confident that your assets can be converted to fiat currency if the need arises.
In the 1920s, an ounce of gold worth $20 could easily purchase a high-end tailor-made suit. Today, that one ounce of gold still buys a high-end tailor-made suit. The U.S. $20 bill, however, will not even cover the cost of a nice tie. Gold’s purchasing power and wealth preservation have a proven track record, even prior to the beginning of our modern financial system.
A precious metals IRA is a self-directed IRA that allows you to safely own physical precious metals in a tax-deferred account. With a gold and silver IRA, you’re no longer confined to risky stocks and bonds, but could instead have a physical asset inside your portfolio, stored in a secure, reliable precious metals retirement account.
The self-directed IRA gives you the power to decide exactly what type of precious metals you invest in. Whether you choose gold, silver, platinum, or palladium, the physical asset is safely stored in a secure IRS-approved depository waiting for you when you retire.
When working with Endeavor Metals, the process of adding precious metals to your current IRA is a simple, hassle-free transaction. You can choose to transfer your entire IRA account or a portion of it into a new, self-directed gold and silver IRA. This common practice is known as a “direct rollover” or a “direct transfer.” It’s a tax-free transaction, meaning the IRS allows you to move funds from one IRA into another, free of tax penalties.
Endeavor Metals has assisted countless clients with their precious metals investments, and we can do the same for you. As a Tier 1 precious metals dealer with an A+ Better Business Bureau accreditation and a 4.9 Google star rating, you can depend on our team to take care of you—every step of the way. We can set up a gold and silver IRA online or by phone, or feel free to stop by our West Palm Beach store for in-person assistance if you’re in the South Florida area.
Besides offering precious metals retirement account services, Endeavor Metals sells and buys physical bullion coins and bars, as well as numismatics. Recognizing that each investor has their own needs and goals, we’ll work with you to create a personalized investment plan. Contact us now for a free consultation.Contact us today at 855.753.3575