Since the Taxpayer Relief Act of 1997, Americans have been permitted to fund Individual Retirement investments with physical gold, silver, platinum or palladium. These "hard assets" provide stability because they have real intrinsic value and tend to move inversely to paper assets like stocks, bonds, mutual funds and cash. They can provide a hedge against currency devaluation, inflation and stock market corrections, and are a great way to diversify your portfolio. For these reasons, many investors feel confident having some or all of their retirement accounts in tangible assets like gold.
Read More3 Simple steps are all that's required to start or transfer your retirement account into the safety of a Gold IRA:
Fill out an application to open your account.
We will be happy to complete this for you and submit it to you for your signature if you wish. Or you can fill out an application online.
Transfer funds from your existing IRA into your trust account.
A transfer document is included with the application that will order your existing broker to liquidate and transfer assets directly to your new trust account. Or you may elect to take distribution from your current account and can send a check to fund your Gold or Silver IRA. (Must be accomplished within 60 days to avoid a taxable event).
Select the precious metals for your IRA.
After your account is opened and funded, we will discuss the options and metals permissible for your new IRA. We will give you the pros and cons of the various types of gold or silver available and can make recommendations based upon your personal goals and objectives. Your metals are then shipped to the Delaware Depository, where they are inspected and verified for authenticity and placed in your account.
The truth about the gold sales industry is that the pricing and markup model that virtually all retail companies use is astronomical.TV ads are expensive. If it were applied to any other industry people would be in the streets like the end of a Frankenstein movie.
Fairpoint Gold Group (aka Fairpoint Discount Gold Group) is committed to providing Gold & Silver at fair and honest prices, both for cash purchase and IRA investments. A Better Deal on Gold & Silver is our motto and our promise to you. We will speak plainly, tell you the truth, and make recommendations with your goals and objectives in mind. We work for you… you don’t work for us!