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iSixty
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Business & Money
by iSixty
7 years ago
Gold IRA Rollovers

Gold IRA rollovers are increasingly popular because the Federal Reserve in the United States is frantically pumping money into the financial system in an effort to keep the economy afloat. The current level of "money printing" by the Federal Reserve is approximately $85,000,000,000 per month. This chronic devaluation of the dollar is causing many investors to move their retirement accounts, IRAs and 401(k)s, from dollar-based assets to precious metals such as gold and silver. This article discusses the two primary methods for transferring money from your existing retirement account such as an IRA or a 401(k) to a new gold or silver based IRA. You can do an actual "rollover" to a gold IRA, or you can do a custodian-to-custodian transfer. Whichever route you choose, knowing the rules discussed in this article is critical.

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