Can I have my gold and silver IRA holdings sent to me?

Trillions of dollars have evaporated from Americans’ retirement accounts during the last decade. Instead of the double-digit gains that stock and bond investors grew accustomed to during the previous two decades it has been precious metals that have led the field since 2001. One of the most common questions that Gold Silver receives via telephone and email involves the physical and private possession of precious metals that have been purchased with retirement account funds.

The Internal Revenue Service (IRS) regulates retirement accounts very closely. If an individual takes a cash payout from a traditional IRA before a certain age the penalties can be heavy; this is also the case with gold and silver IRAs. The IRS does allow emergency withdraws of funds but orchestrating such a move takes time and can drain a large percentage of the investor’s wealth.

Investors who currently hold gold and/or silver within their retirement accounts and want to liquidate those assets simply need to contact their precious metals dealer and custodian to initiate a sell order; cash will be placed in the investor’s account once the liquidation has been completed. Said cash can then be transferred to a private account, and it is important to inquire about the length of time that such a transaction could take.

IRA investors below the age of 59 1/2 who want to take delivery of their precious metals may have to pay a harsher penalty for precious metal withdraws than stock/bond investors of the same age due to the private nature of gold and silver. Once mandatory withdraws begin then investors can have their gold and silver shipped directly to their door without penalty. This allows retirees to personally control their wealth, and we all know that control is the ultimate expression of power. Who is in more need of power than the retirees of today and tomorrow?

To discuss delivery of your gold and silver IRA or to start a brand new precious metals-based retirement account call Gold Silver at 1-800-394-3337 today or click below to get a free copy of Real Money Magazine and learn more about our organization. As always, Gold Silver encourages anyone with tax-related questions to contact a qualified tax advisor to determine the implications of investment adjustments.

Get Your Complementary Award Winning Guides Below

 Publish Real Money Magazine

 Publish Gold Investment Magazine

 Publish IRA 401K Kit Magazine

 Real Money Magazine