Protecting your retirement

401(k) to Gold IRA Rollover

Learn All About How to Rollover Your Retirement Account into a Gold IRA.

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Gold IRA Rollover from a 401(k) or Other Retirement Savings

Post last updated October 13, 2018

Let’s be serious for a moment – the economy has been pretty good. Almost too good. And people are starting to worry.

Are we due for another crash and recession?

How much longer can the market go up?

Are we printing too much cash?

Those are all valid questions on the minds of people everywhere. And in uncertain times, people are looking for a way to protect what they’ve worked so hard to build.

When it comes to your retirement savings, you want to be sure it’s safe.

And so a Gold IRA Rollver from a 401(k) or other profit-sharing account is a tempting option to many.

What is a Gold IRA Rollover?

A gold IRA rollover is a tax-free investment vehicle for turning some of your retirement savings into physical gold bullion.

Many people want to diversify their portfolio to hedge against inflation or unstable currency moves and other economic uncertainties.

Rollover vs. Transfers

It’s important to understand that a 401(k) to Gold IRA rollover is different than a transfer. The IRS makes a clear distinction between the two (remember this is NOT tax advice).

Most people think that any sort of movement of funds between account types is a rollover, but that’s not the case.

In a rollover scenario, the funds first move to YOU, and then you deposit those funds into another type of account.

With a transfer, the funds move from one custodian to another without you ever touching the money.

The Gold Rollover Process

You will have to deal with your current retirement account custodian to get the funds you need for your Gold IRA.

Once the funds are delivered to you, you have 60 days to complete the transfer into the new investment account.

After that, your withdrawal becomes taxable. (Remember, this is NOT TAX ADVICE – please consult an accountant or tax professional to be sure of the information you’re getting online)

Rolling over an existing investment account to a new one can sometimes be a difficult task. That’s why certain companies exist to help people with the overall process.

And when you choose a professional company to handle this for you the task can be much easier.

Here’s the basic process of rolling over your 401(k) or other account into a gold backed IRA with a professional company

  1. Visit their website to open an account
  2. Fill out the necessary forms
  3. Let their specialists guide you step-by-step
  4. Sit back and breathe easier, knowing your retirement savings are diversified

That’s literally it.

Remember, though, it’s important for you to research and perform due diligence when deciding on which gold ira company to do business with.

Who to Choose for Your 401(k) to Gold IRA Rollover

Not all Gold IRA rollover providers are created equal.

We here at GoldIRA.pro recommend using Regal Assets to make the move. They are reputable, trusted and have stellar ratings and reviews. That’s all matched by top-notch customer service and a high degree of flexibility.

Don’t believe us?

Check out our buyers guide on the best gold ira company here.

Rules of the Rollover

Please consult a tax advisor or financial advisor for more information about this. We are not tax professionals or financial advisors.

As mentioned above, you have 60 days to complete the transaction via an IRS approved rollover procedure.

You can choose either a standard IRA or a Roth IRA. In a standard IRA rollover funds are invested in a tax-free manner until you withdraw them. In a Roth IRA rollover is typically applied after the tax situation has been assessed.

Make a Fully Informed Decision

Learn all about what it means to rollover your retirement account into a Gold IRA.

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Why Choose a Gold IRA Rollover?

Simply put, it’s a way to help protect the value of your retirement savings. It’s a way to hedge against inflation and declining currency values.

When researching options for retirement, one is often faced with a variety of options. It is important to ensure that your retirement portfolio is well-diverse and that one invests in a variety of avenues.

The most commonly suggested investments are the individual retirement account (IRA) or 401(K). An even safer option is the gold-backed IRA. If you are concerned with the inflation or the fleeting economy, a gold-backed IRA may be the best option!

Gold is a limited resource and it cannot be reproduced such as paper money. The world is running out of gold mines that are available. Because of its limitedness, gold holds it value much longer than paper money.

With the United States’ and global economies driving into a very uncertain future, it is important to consider what is the safest option for your money. A stock market crash, such as that in 2008, is a definite possibility in the years to come. Our national debt is growing at an alarmingly fast pace with no end in sight and inflation is occurring.

Gold and other precious metals have stood the test of time throughout history as a valid option. Historically, even while economies have crashed, the value of gold has stood strong or increased.

Paper currencies can fail and decrease in value. All too often, countries print paper currency that is not backed by gold and, in the United States, the value has fallen over 97%! While our economy has faced turbulent times, you do not want to leave your money in jeopardy. Unfortunately, many lost part of their investments in the crash of 2008 and it is time to allow your money to make money.

Maybe you have already opened multiple retirement accounts; this is not a worry! While there are a multitude of options in the investment world, there are many that allow rolling part of your investment into a gold rollover. The easiest is a self-directed IRA where you have full control over your investments.

It is important to talk to a financial advisor. Some companies only allow rollovers to paper investments of gold, but there are plenty that allow rollovers to physical gold bullions. Of course, there are other options than gold-backed IRAs. Investments in gold mining is another avenue for your retirement portfolio. But, it is important to have more than just investments; you want to own gold as well. A Gold IRA reduces the volatility of your portfolio.

It is typically asked how much of your retirement portfolio should be in precious metals. The average suggested amount is five to ten percent of your portfolio. If you are investing large amounts of money (over $50,000), the suggested amount increases to five to thirty-five percent. For the average investor, sticking to one precious metal, such as gold, is recommended. 

For those that are making a larger investment, a combination of precious metals, such as gold, silver, platinum, and palladium, is recommended. Talk to a financial advisor about what is the best, and safest, option for your retirement portfolio.

Now, you may be wondering how you can even begin this process. If this is the first time you have read or thought about a gold-backed IRA, it is a lot to think about. A company to consider as you are researching is Regal Assets. Regal Assets is one of the leading precious metal dealers in the United States and your investments are tax free!

When you choose to invest with Regal Assets, you will be working with an accredited custodian who will ensure that your gold is investment grade gold up to the IRS standards. They will work with you through the entire process, answering any and all questions that you may have.

You will have no worries about the safety of your money; Regal Assets has a 5 star customer service rating and a A+ rating with the Better Business Bureau (BBB). Regal Assets has been featured in Forbes magazine and Smart Money. Regal Assets is your best and safest option when investing in a gold-backed IRA!

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