Important News! New IRS Rules for IRA Rollovers in 2018! With the beginning of 2018, a new tax rule went into effect that could have a significant impact on your IRA investments. This new rule, by the U.S. Tax Court, rewrites the rules on rollovers between individual retirement accounts (IRAs) and it affects all IRA owners: The IRS now will only allow an IRA owner to make only one IRA rollover in any 12-month period, no matter the number of IRAs held by an owner. How Does This Differ from the Old Rules? Before, you could complete a rollover for each account you held within the period of a year. This meant that if you had worked more than one job and had accumulated multiple 401(k) accounts and, if for some reason, decided you wanted to rollover into better performing sectors, you could make that choice. With this new rule change you get only one rollover per year, no matter how many accounts you have. Violation of this rule will be considered a distribution and added to your taxable gross income. If you are under 59 ½, there will also be a10% early withdrawal penalty. If the distribution is made into another IRA, it will be treated as an excess contribution and taxed at 6% per year that the excess remains in the IRA. But There Is Some Good News: This rule does not apply to transfers of 401(k)s: Accounts transferred directly from the original custodian (account) to a new custodian, as long as it does not go into the hands of the individual holder, will not be affected. You can still make as many trustee-to-trustee transfers per year as you wish, as well as Roth IRA conversions.
What is a Gold IRA? A Gold IRA is a Self-Directed Individual Retirement Account that allows you to safely own physical precious metals in a taxsheltered account. You are no longer confined to risky paper based assets such as stocks and bonds. The Self-Directed IRA gives you the power to decide exactly what type of precious metals you invest in; whether you choose Gold, Silver, Platinum or Palladium, the physical asset is safely stored for you in an IRS approved, secure depository waiting for you when you retire. One of the many benefits of a Self-Directed Gold IRA is when you choose to take distribution you have the option of either receiving cash or having your metals shipped directly to you. History With recent changes in tax law, you now have the opportunity to place a wider range of certain approved precious metal coins and bullion in your IRA. Prior to 1998, IRAs were limited to holding American Eagle gold and silver coins. Today, an IRA can hold gold, silver, platinum and palladium bullion which meet certain minimum fineness requirements.
A Simple Transaction When working with RC Bullion, the process for adding Gold or other precious metals to your current IRA is a simple, hassle-free transaction. You can choose to transfer your entire IRA account, or just a portion of it, into a new Self-Directed Gold IRA. This common practice is known as a Direct Rollover or a Direct Transfer. It is a Tax-Free transaction meaning the IRS allows you to move funds out of one IRA into another IRA free of tax penalties. Many individuals also have old 401K accounts from a former employer. These too can be converted, tax- free, into a Gold IRA by requesting a 60-Day Rollover. In most instances, one simple phone call will allow the current custodian of your former 401K plan to release these funds directly into your new Gold IRA. This process is a 100% tax-free transaction. All of the above will be handled over the phone by our courteous, knowledgeable account executives, hassle free.
GOLD IRA OPENING PROCESS Converting your IRA or former 401K into a Gold IRA is as easy as 1-2-3: OPEN: We will help you open a new, self-directed Gold IRA account within 24 hours of receiving your application. The application requires only a few signatures and some basic information. Nearly everyone qualifies and there are no upfront fees. TRANSFER: Once you complete the Direct Transfer or Rollover form with the help of our agents, our specialized IRA Department will handle the rest. We will submit your Transfer Request to your current IRA custodian and they will wire your funds directly into your new Gold IRA. This process is called a Direct Transfer or Rollover and it is a tax-free transaction. You are simply moving money from one IRA account into another IRA account that is qualified to hold precious metals. OWN: After the funds have transferred into your new Gold IRA account, with your authorization, we will purchase your precious metals and ship them directly to a private, IRS-approved precious metals depository. Quarterly statements and 24/7 online account access provide detailed information about your holdings and their value.
It s Easier Than You Think! We understand that you may have an active, busy life and don t like the hassle of making changes. We take pride in handling everything for our clients from start to finish, and we pledge to do it right the first time. We will walk you through the simple application process and provide your new Gold IRA account number within 24 hours. We will also take care of contacting your current financial advisor or custodian to request the IRA transfer for you. Once we order your precious metals, we will ship them in a fully-insured parcel directly to your new depository and provide you with detailed tracking information. Your satisfaction is guaranteed.
Long Term Financial Security We believe that owning precious metals in your retirement portfolio is a prudent and secure plan for your future. The Gold IRA protects your retirement funds from unfavorable stock market fluctuations, inflationary threats, potential terrorist attacks and geopolitical instability. $600,000 $550,000 $500,000 $450,000 $400,000 $100,000 Invested in a Gold IRA $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Gold IRA clients appreciate the protection, growth, and long term stability of Gold and other precious metals. Investors who purchased Gold for their IRA back in 2001 have seen their $100,000 IRA grow to nearly $600,000! To illustrate this point, take into consideration a hypothetical example:
A savvy investor, who purchased $10,000 worth of physical Gold bullion coins in the early 1970s at $35 an ounce, is now enjoying a veritable Fort Knox His 40-year-old purchase is currently worth $380,000. Keep in mind that since the 1970s we have faced and survived several crises: inflation, devaluation of US Dollar, 2 Gulf Wars,8 Presidents, 9/11, stock market crashes, the internet and tech bubble, the doomed real estate bubble and 2 recessions. As you can see, in good or bad times, Gold has shown strong and stable growth performance, demonstrated solid protection and has proven itself to be a secure plan for the future.
Why Should I Own Gold In My IRA? Gold can reduce the overall volatility of your paper retirement portfolio while protecting and potentially growing your future nest egg for you and your loved ones. Year 2003 2005 2007 2009 2011 2013 Traditional IRA $100,000 $131,000 $158,000 $104,000 $147,000 $165,000 Gold IRA $100,000 $120,000 $177,000 $262,000 $441,000 $468,000 Over the past 10 years physical gold IRAs have outperformed traditional IRAs based on the S&P 500. It takes more than stocks and bonds to build a rock-solid portfolio. Precious metals provide security against the government overspending and overprinting that make the US Dollar a depreciating asset. Protect yourself for the next 5-10 years, and take control of your money as well as your financial future!
True Diversification, Solid Protection, Profitability Physical Gold and other precious metals offer a true diversification, solid protection and excellent profit potential for any portfolio. During the past decade, precious metals IRAs have continuously out-performed traditional paper IRAs. When you secure Gold within your retirement portfolio, nothing comes between you and your physical asset. We believe it would be an oversight to rely solely on Gold ETF s and mining stocks to gain true diversification. Not only do some gold ETFs represent only 1/10 of an ounce of gold but our experience in the past 10 years clearly shows the devastating effects of Wall Street s ethics and morals: companies reporting millions in profit one day and filing for bankruptcy the next; employees losing their jobs, and investor s taking huge hits to their portfolios while at the same time CEOs are receiving huge bonuses. When you transition into the precious metals markets you no longer have to rely on the sometimes questionable ethics and business practices of a company s officers. Liquidity Aside from being an excellent store of value, Gold is considered a liquid asset. It can readily be converted into cash or goods when needed because it is a globally recognized currency. Tax Deferred Growth One of the most powerful opportunities available through a Gold IRA is the ability to accumulate growth from your precious metals investment on a tax-deferred basis. This lucrative incentive is not available through other traditional investment vehicles, especially retail brokerage accounts.
Decline of the US Dollar Purchasing Power They may say, cash is king, but over the long haul it also leaves investors exposed. The US dollar itself has lost over 80% of its purchasing power over the last 40 years, and that was without the destructive effect of massive money printing efforts by Federal Reserve. U.S. Dollar vs. Gold $100,000 invested in U.S. dollars in 2003 would have lost $21,000 in purchasing power in 2013. Therefore, $100,000 in cash would buy only $79,000 worth of goods and services in 2013. Physical gold provides wealth preservation and portfolio protection against the depreciating dollar. Most people now realize that simply leaving money in dollar denominated assets can be nearly as destructive as simply lighting it on fire. Even if you ve saved enough to retire on now, what will you need if the value of the dollar continues to slide and each one you have buys you much less? Gold s purchasing power and wealth preservation have a proven track record even prior to the beginning of our modern financial system.
You have to choose between trusting to the natural stability of gold and the natural stability of the honesty and intelligence of the members of the Government. And, with due respect for these gentlemen, I advise you, as long as the Capitalist system lasts, to vote for gold. Shaw George Bernard
FAQ What type of retirement accounts can be converted into a Gold IRA? Traditional IRA Roth IRA SEP IRA Simple IRA 401 K 403 B Pension Plans TSP- Thrift Savings Plan Tax-Sheltered Annuities You can also hold precious metals in Coverdell Savings Accounts and Health Savings Accounts. If you do not see your account type listed above, call us for advice. What will be held in my IRA, a paper certificate or the actual physical asset? You will be the owner of physical precious metals. No paper certificates are involved. Where is my Gold stored? Your Gold is stored at an IRS-approved storage facility called the Delaware Depository Service Company, located in Wilmington, Delaware. It is licensed by NYMEX, COMEX and CBOT. All-risk insurance coverage by Lloyds of London State-of-the-art inventory control and security systems monitored 24 hours per day, 365 days a year Detailed confirmations of assets received Allows you to store an unlimited amount of precious metals
Do I have an access to my Gold in my IRA? Yes. You may actually visit and inspect your precious metals at the Delaware Depository. If you want to take possession of your metals through an IRA Distribution, you can either choose to have them shipped to you directly, or you can sell them in your account and have cash wired into your bank account. Why can t I hold precious metals within my existing IRA? Most banks and custodians are neither approved nor capable of offering the services necessary to facilitate physical asset ownership. Most banks are only equipped for electronic trading and storing information in computers. In most circumstances, all your financial advisor can provide is assistance in purchasing Gold ETFs or shares of a mining corporation. As we discussed earlier, those do not provide the specific advantages of owning physical metals. Opening a new self-directed Gold IRA allows you the freedom to hold physical Gold and other precious metals directly within your qualified retirement account.
Gold IRA Services The GOLD IRA provides these services: A competitive flat annual IRA fee. A flat depository storage fee which allows an unlimited number of Precious metal holdings! Secure custody of all coins is provided by one of the nation's largest precious metal depositories. Coins held are securely stored in an insured, physically segregated account with each coin identified by type and year to allow for accurate reporting. Proof coins are stored with all original packaging and certificates. Depository maintains a comprehensive "all risk precious metals storage and shipping insurance coverage. For clients privacy protection, the depository is not provided with account holders personal information. Online account access is provided to view your account activity and balance. Easy-to-read account statements are issued quarterly.
IRS Accepted Precious Metals For Individual Retirement Accounts
GOLD American Eagle coins Australian Gold Lunar coins Austrian Philharmonic coins Canadian Maple Leaf coins Chinese Panda coins Buffalo Gold coins Bars and rounds with fineness of.995+ SILVER American Eagle coins American the Beautiful 5oz coins Australian Silver Lunar Series Austrian Philharmonic coins Canadian Maple Leaf coins Chinese Panda coins Mexican Liberated coins Bars and rounds with fineness of.999+ PLATINUM American Eagle coins Australian Platypus coins Canadian Maple Leaf coins Bars and rounds with fineness of.995+ PALLADIUM Canadian Maple Leaf Bars and rounds with fineness of.995+
To Get started Today, Follow These Three Easy Steps: 1. Call and speak to a gold specialist about any questions you might have about our Gold IRA or direct delivery program. 2. Review and complete our account and shipping agreement. 3. Confirm your order and payment type. You ll be pleased and maybe a bit surprised at just how easy it is. Once these steps are completed your metals will be shipped directly to you or your IRA account. Address: Address: 9663 Santa Monica Blvd Suite 499 Beverly Hills, CA 90210 Phone: 888-889-5689 Website: www.rcbullion.com Contact Us At: RCBullion.com/contact-us.html Contact@RCBullion.com