Post Type: Quick Baby Boomer Financial Munchie
Question: What is a Gold IRA?
Quick Answer:
A gold IRA is a “self-directed” IRA (Individual Retirement Arrangement) that can contain gold, silver, platinum and/or palladium bullion.
The only way it differs from other IRAs is that it contains precious metals.
You cannot contribute bullion/coins you already own to a Gold IRA… however, you CAN rollover your other IRAs into a GOLD IRA.
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