Precious Metals IRA in Alabama
Yes, residents of Alabama can hold physical gold and silver in an IRA. The gold and
silver can be in the form of coins or bars. There is no limit to the amount of physical gold
and silver you can hold in a Precious Metals IRA.
Precious Metals IRA Basis in Alabama
The cost basis of a Precious Metals IRA is the purchase price of the gold and silver
bullion held in the IRA. If you make several purchases, the basis is the purchase price
for each transaction. A Precious Metals IRA also allows you to sell your gold and silver
at any time and convert it to cash or to transfer cash into your Precious Metals IRA so
it can be held awaiting your decision to purchase gold and silver from Atlantic Precious
Self Directed Precious Metals IRA in Alabama
A Precious Metals IRA is referred to as “self directed” because you make the decision
to diversify some of your retirement savings into direct ownership of physical gold
and silver bullion. What is unique about a Precious Metals IRA is that unlike paper
investments like cash, stocks and bonds physical precious metals are real, tangible
Invest IRA in Precious Metals in Alabama
A Precious Metals IRA allows you to diversify your retirement savings between paper
assets and physical assets. If all of your retirement savings are in the form of cash,
stocks and bonds all of the savings you are depending on for the rest of your life are in
the form of paper assets and you have not taken any action to protect yourself against a
collapse of the financial system or the destruction in value of the U.S. Dollar. A Precious
Metals IRA allows you to hold retirement savings in physical assets that have had
purchasing power value, consistently, without interruption for 3000 years.
Precious Metals Allowed in IRA Accounts
In addition to gold and silver, physical platinum and palladium can also be held in a
Precious Metals IRA. When you purchase any of these precious metals for your IRA
they are shipped to a secure insured facility. Just like a traditional paper asset IRA
you can have some or all of your precious metals shipped to you at age 59 and a half
without any early withdraw tax penalty or if you choose you can sell some or all of your
precious metals and convert it to cash at any time.
What Type of Silver or Gold Can I Hold In A Precious Metals IRA?
Here is a partial list of precious metals allowed in a Precious Metals IRA:
- American Eagle Gold, Silver and Platinum coins;
- Canadian Maple Leaf Gold, Silver and Platinum coins;
- Austrian Philharmonic Gold, Silver and Platinum coins;
- Australian Kangaroo/Gold Nugget coins
Opening a Precious Metals IRA in Alabama
If you are a Alabama resident and want to learn more about how to open a Precious
Metals IRA in Alabama, call Atlantic Precious Metals LLC at 1-800-APM-GUIDE (276-4843). APM
is an approved precious metals dealer for one of the leading Precious Metals IRA
custodians in the country – Goldstar Trust.