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SILVER IRA 101

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The IRA, or Individual Retirement Account, is a tax-sheltered savings plan where money grows tax free until retirement.

IRAs were introduced by President Eisenhower in 1954. The success of these accounts has led to the creation of hundreds of other similar accounts, including Roth IRAs, 401(k)s, 403(b)s, and SEPs. The success of IRAs has spawned a new type of investment product: the Silver IRA.

Disclosure: The owners of this website may be paid to recommend Goldco Direct. The content on this website, including any positive reviews of Goldco Direct and other reviews, may not be neutral or independent.

A Silver IRA, also called a Silver Individual Retirement Account, is a tax-sheltered investment account that invests in silver, gold, and other precious metals.

This Gold & Silver Investor Guide will help you discover much more about the benefits gold can have for your investment portfolio today!

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The account can hold physical coins, bars, rounds, or ingots, or it can hold an allocated account. An allocated account means you buy silver from a dealer, but the dealer then invests it in silver bullion, mutual funds, or ETFs.

 

 

It must be noted that investing in physical silver is not the same as buying shares of silver mining companies. A silver IRA is actually an individually-owned self-directed IRA account where you can purchase physical bars and coins of legal tender. When you purchase silver for your retirement account, it's stored in a private, safe depository. You will be given an access code that allows you to retrieve your investment on demand. Silver is easily liquidated at any time of your choosing.

 

The rules for IRAs vary from state to state, but in general, any contribution to the account is tax deductible. The investment income that accumulates in the account is also tax free.

Silver has long been considered money. It is a strong, ductile metal, and it's naturally resistant to rust. The IRA is popular among investors because stocks and bonds are subject to capital gains taxes and income taxes, while precious metals are not.

Silver IRAs are a type of Individual Retirement Account that invests in Silver for growth.

 

 

Silver IRAs are intended to diversify retirement investments, allow owners to take advantage of the non-correlated nature of silver with traditional instruments, protect against inflation, and potentially increase the value of their savings over time.

In today's world of constant financial chaos and anxiety it is crucial to feel some security from inflation and a pretty strict taxation system. Get financial security by requesting detailed information about Silver IRA providing you to have a privilege to have private phone calls with an IRA expert.
 

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The ultimate guide to silver & gold investing.

Learn about the differences between various types of gold, explore the different ways to invest in gold, and learn how to maximize your gold investments' potential to grow your personal wealth. Whether this is your first time buying gold or you are a seasoned investor,
you'll have everything you need to know about gold investing to help you make smart investment decisions.