TEST BANK For Corporate Finance, 13th Edition By Stephen Ross, Randolph Weste...
What is a Precious Metal IRA
1. What Is A Precious Metal IRA?
LEARN MOREATWWW.JEMBATAN.NET
2. First – What’s An IRA?
What We’ll Discuss
We will be answering the following 4 questions:
Second – What’s A Precious Metal IRA?
Third – Where Are Assets Stored?
Fourth – Why Choose A Precious Metal IRA?Phase 4
Phase 1
Phase 2
Phase 3
LEARN MOREATWWW.JEMBATAN.NET
3. An IRA is a retirement
account that:
• Allows for tax free growth.
• You receive benefits on such
as tax deductions (if you
own a traditional IRA), and
untaxed deductions (if you
own a Roth IRA).
• Can be maintained by a
third-party, or self-directed.
• Typically, people invest cash.
What’s An IRA?
LEARN MOREATWWW.JEMBATAN.NET
4. What’s A Precious Metal IRA?
A Type of IRA (Individual Retirement Account).
• You hold Precious Metals as assets as
opposed to cash.
• Account is self-directed, which means
you can choose your own asset mix.
• For instance: 20% Gold and 80% Platinum.
What.
Where. Why.
LEARN MOREATWWW.JEMBATAN.NET
5. Gold.
Types of Precious Metals Approved BY IRS.
Silver
Platinum
Palladium
LEARN MOREATWWW.JEMBATAN.NET
6. Where Are Your Assets Stored?
When you invest in a
Precious Metal IRA, your
assets are held in a
depository (see next
image).
Some depositories are
IRS approved.
When you make a
withdrawal from your
account, you can
liquidate the metal for
cash, or take the metal.
LEARN MOREATWWW.JEMBATAN.NET
7. The simple answer to this question is
protection.
Historically, precious metals have not
been as volatile as paper currency.
Diversity in your investments is a good
way for you to protect yourself from
uncertain economic times.
Why Invest In A Precious Metal IRA?
30%
15%
15%
40%,
Cash Gold Silver Real Estate
LEARN MOREATWWW.JEMBATAN.NET