Gold and Your IRA
Investors should hold at least 15-25% of their assets in gold. Checkbook Control IRA LLC's make this possible.
Let’s face the facts for a moment. As a country, we have created unsustainable debt. As our debt approaches an unfathomable 19 trillion dollars, you should know it took us over 200 years to create the first trillion in debt. Yet since 2008, our debt has skyrocketed an additional 18 trillion dollars. We have simply reached the point of no return.
Every year Congress likes to debate whether to raise the debt ceiling. The ironic part is that they all know they have no choice; it just can’t be paid down. It follows that soon the debt bubble will explode. This will result in a global currency reboot, and people that own gold will be better financially prepared for this reboot.
In the past, having physical gold in your IRA meant it had to be stored in a third party depository. Now there is a better way to have gold in your IRA that's in your direct physical possession and under your control. What makes this possible is a Checkbook Control IRA LLC.
The Checkbook Control IRA LLC is a unique investment platform whereby an account holder opens a checking account in the name of a single-member limited liability company (LLC) and use that account to invest retirement funds.
Most expert analysts agree; given the current and projected state of the global economy, investors should hold at least 15-25% of their assets in gold. Checkbook Control IRA LLC's make this simple and you can easily convert some of your existing IRA assets into physical gold you store at home.
You can convert your non-performing paper assets such as mutual funds, stocks, and bonds, or money market funds in your current IRA or former 401K or annuity, and they can be easily transformed into a Physical Gold IRA. All the gains inside a Gold IRA are earned tax-free until you decide to sell the assets.
potential alternative assets for your IRA
We help you with all the steps, making it a fast and easy process.
Why Hold Gold in an IRA?
Recent changes in the tax law now enable you to purchase a wide variety of precious metals with your IRA.
Planning for retirement can be challenging and confusing. The ups and downs of the stock market convince most investors of the importance of diversifying their retirement investments. Utilizing gold can help accumulate and preserve sufficient wealth to retire securely.
You should own gold and silver as an important way to protect your assets from high inflation and the ravages of the falling dollar, but gold and silver are also considered liquid assets, meaning they can readily be converted into cash.
Gold IRA Benefits
LCR Coin specializes in converting paper into a "Home Stored Gold IRA." We provide full service in aiding you in this process.
Tax Deferred (Or Tax-Free) Growth
The single most powerful benefit of an IRA is that it enables investments to grow on a tax-deferred basis. By utilizing the tax advantages IRAs have to offer, an investor is capable of significant growth beyond that of similar investments made outside of an IRA.
By properly utilizing the tax-deferred or tax-free benefits afforded by GOLD IRA accounts, investment earnings are able to grow at a much faster rate than those without this tax status.
The decision to open a Gold IRA all comes down to this: are your investments inside your current IRA performing at a rate that you are satisfied with? If not, you owe it to yourself to diversify some of those assets into a Gold IRA and start earning for your future.