In the past eight years, the popularity of gold coin IRA accounts has increased significantly as masses of wise American investors began shifting away from stocks and bonds in exchange for one of history’s most preservative investments. The modern-day gold coin IRA has proven to be an excellent way for investors to protect their hard-earned wealth and even profit if the gold spot price climbs as a result of weaker mainstream investing markets. Beginning this unique type of IRA is as simple as transferring your current retirement account into one backed fully by gold. All that you need to do is fill out some important paperwork and then fax or mail it to your current retirement account manager, granting permission to transfer a portion or all of your funds into your new IRA. When doing this type of transfer, it is very important that you work hand-in-hand with an experienced precious metal advisor, that way they can help you fill out all the required paperwork while at the same time providing useful advice as to which products may be best for your investing goals and needs.
As far as products are concerned, the United States Government allows only 24-karat products inside a gold coin IRA, with the exception of the 22-karat American Eagles. This basically means that you could put your favorite uncirculated or proof coins into your new retirement account, with some of the most popular being the Austrian Philharmonics, Canadian Maple Leafs and Chinese Pandas. Feel free to browse my website if you seek further information on protecting your hard-earned wealth with gold.
John Halloran
Senior Gold Specialist - Buy-Gold.org
