IRA

Why Investors Consider a Precious Metals IRA

With the current economical/geoeconomical uncertainty, dollar devaluation and market volatility increasing adding gold and silver to your retirement plan may help provide stability and protection during these uncertain times. For the longest time gold has been a way to help preserve wealth and serve as a hedge against uncertainty.

What is a Precious Metals IRA?

A precious Metals IRA is a self-directed retirement account that holds physical gold, silver, platinum, and or palladium instead of traditional paper-based assets. A precious metals IRA meets IRS requirements and acts the same as a traditional IRA. The nature of this type of account allows investors to seek refuge in times where they feel too exposed in the current market and are looking for alternative investments to combat volatile market conditions. It is important to fully understand the pros and cons of any investment before making any decisions.

Precious Metals IRA Process

The team at GoldRock Metal Exchange makes it very transparent, simple, and secure to roll over an existing retirement account into a precious metals IRA.

  1. A GoldRock Metal Exchange representative will cover how a Precious Metals IRA works, so you the investor can decide if this is really right for you.
  2. If the ultimate decision is that an Precious Metals IRA is right for you, GoldRock Metal Exchange has an in-house IRA department that will provide you with the necessary forms to open your new IRA account.
  3. Once your new IRA account is open, with the help of our IRA department you will fill out the necessary paperwork to initiate the transfer of funds from your current retirement account to your new Precious Metals IRA.
  4. Your GoldRock Metal Exchange representative will contact you once the funds are transferred to your precious metals IRA and then you will discuss what products make the most sense for your goals.
  5. Once you have finalized the purchase of your precious metals, your metals will be shipped directly to the secured depository of your choosing.