An Old Gold 401k Roll Over Explained
There are many ways you can look for long-term security in your retirement accounts. A hot topic today is investing 401k’s & ira accounts into an account that “holds” precious metals like gold, silver, platinum, and others. These are commonly referred to as “Gold 401k’s.”
If you’re confused about this whole process, do not worry. So was I. I’ve written up a special article just for you on this topic, along with answers to the most common questions about this complicated process. I’ve simplified the information as to minimize the confusion that I first had when exploring this option, which you can read by clicking the orange link right below this line:
Why The Concept of Rolling Over a 401k to Gold Makes Sense
All salaried individuals who wish to make a life for themselves when they retire know about 401k plans. They are essential retirement savings schemes that are created when you are in the work force and used when you reach the age of retirement. 401k gets its name from the subsection of the Internal Revenue Code of the country.
A Gold 401k is the same plan, but instead of money, its makes use of gold as a means of investment for the course of the plan. In the case of 401k plans that are given to employees by their companies, the money is accessible to them upon maturity. Until then, it is set aside. In the case of a gold backed plan, the gold that is kept in their investment account can be sold and the money that is obtained from the sales can be retained inside the account.
401k plan’s utilizing gold and similar precious metals took a while to seize the interest of people, employers and workers alike. Today however, there are a growing number of people who opt for this form of savings for themselves mostly because of the influence it has on the growth of your money. When the economy is down, interest rates naturally turn sluggish, and your investments will not be able to grow. However, it is precisely this kind of market that allows gold to flourish and your gold investments will give you a good turnover when the equities markets go sour.
Having your savings in the form of gold can assure you of a level of safety to a certain extent.
In fact, it can be safer than working with trading shares in a volatile stock market. This is from the short term point of view however. These kinds of plans work well in the long run. It will have the time to grow and give you more in the form of a retirement fund when the time comes. You will in fact be able to get much more for your money with such a scheme.
The demand for precious metals has always been strong and this has been one of the many reasons why people opt more and more for a gold based 401k plan. It gives you the option of making investments in gold aside from what you are putting aside, with which to top up your account. This kind of flexibility allows you to plan for a comfortable retired life. The demand for gold internationally has created a sort of shortage in supply of the metal, thereby driving the prices up, and this can really work in your favor.
With the cost of living constantly rising, there is an increasing number of working people who are turning towards this kind of plan for the security of their future. Gold has always had a good track record when it comes to the investment market, and that is where its safety factor and flexibility also lie. This allows for the scheme to be given topmost priority for those looking to invest long term.
One company that has been blazing trails in 401k investing with precious metals is Regal Assets. A California-based company, they have over 50 years of experience in helping individuals craft a retirement plan or 401k rollover that will be backed by real precious metals like gold, silver, platinum, palladium, and copper.
Find Out Why The Rich Protect Themselves With Gold
It’s no secret that gold is currently on an 11 year BULL run. While it used to be hard to invest in gold, it’s never been easier, thanks to companies like Regal Assets, who are making the lives of investors much easier by making gold and precious metals investing dummy-proof.
Call the retirement department directly with this VIP number: 1-855-682-1084.
You can also click here and request a free gold investment kit. It’s substantial and is filled with information that can help you roll over any ira account (or Roth IRA) into a precious-metals backed investment.
Q: Do you ever wonder what to do with that 401k account you left behind at your previous employer?
A: Why let it collect dust and remain managed by a company you no longer work for, when it can be professionally managed and backed by precious metals, like gold?
Q: Do you ever spend time thinking about how during the biggest economic crisis of our lives precious metals made life-altering gains, making people with the foresight to invest in it filthy rich along the way?
A: Many people missed the boat on gold, but it’s not too late. Gold and other precious metals have proven to gain value in the toughest of financial times, and are always counted on for their luxurious demeanor and value in commerce. Even though it has gone up and down since 2011, the fundamental factors affecting the world economy are still there. These include endless money printing by central banks (I.E. The Federal Reserve), increased real inflation as measured by shadowstats.com, and an increasing entitlement system by all nations.
This is among the steadiest investments over the last decade, with slow, natural growth that can be sustained. This is good because you want to park your wealth in a safe asset that you and your family can rely upon when things become tough again.
Give the idea of gold investment plans a serious look. Precious metals investing isn’t rocket science, and it deserves attention if you are looking for a well-rounded retirement strategy. For more information, please fill out the form on the right or the one below: