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After you review the best gold IRA companies and choose just one, you will be willing to open a gold IRA account. A gold IRA differs from traditional or Roth IRAs principally as it allows you to invest in tangible commodities like gold, silver, platinum, and palladium.Higher fees: You need to have a custodian to store and handle your gold. Fees pai
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Fantastic and thorough group of investors. Thus far all of the decisions I built with Mike's advice have been profitable and prosperous.A direct rollover is generally the preferred method. This is really a trustee-to-trustee transaction, meaning your current IRA provider will transfer the funds directly to your new gold IRA account.When you have a
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The IRS allows for certain types of gold coins and bars being held within a gold IRA, including American Eagle coins, Canadian Maple Leaf coins, and gold bars from approved companies. It is necessary to consult with your custodian to make sure you are paying for approved gold for your IRA.Gold IRA transfers permit the movement of funds from a tradi