Invest in Your Future
Retirement plans are designed to provide you with funds to live on when you stop working, but do you know how much those investments will be worth? Can you accurately predict how much money you will need when you retire?
Gold has been the standard for commerce throughout the world for thousands of years. Its value rarely changes because the supply of gold to population ratio rarely changes. The ratio of gold that exists today will be what essentially exists 50 years from now.
The same cannot be said for U.S. currency.
Adding precious metals to your retirement portfolio is a sound strategy due to the stability of gold, silver and other metals. Investing in precious metals for your retirement means your wealth will not be affected by the amount of debt the government accrues, how much money it prints or the condition of the economy by the time you retire.
Precious Metals IRA
An individual retirement account (IRA) is one retirement strategy. Funds deposited are tax-deferred, which doesn’t mean tax-free—it means you don’t pay taxes now on the money you earn as long as you invest it. Once you cash in on that investment, you owe taxes—and this money is considered income on your tax return after the age of 59½.
Many people believe that only stocks and bonds can be part of an IRA. That’s not true. You can also purchase and add approved precious metals, including gold and silver, to your IRA. The same tax structure applies regardless of the assets.
A precious metals IRA functions the same as a standard IRA, only instead of holding paper assets, it holds real, physical bullion coins or bars. You have a choice in taking physical delivery when it comes time for distribution or receiving a check for the value of the metal.
Consult with a West Hills Capital retirement strategist to set up a new precious metals IRA or convert your existing IRA assets.
Convert Your IRA to Gold
Converting your IRA assets to gold, silver or other metals is simple when you work with West Hills Capital. We will set up your account and arrange for the secure delivery and storage of your precious metals with your IRA affiliate.
Consult with a West Hills Capital metals strategist today about diversifying your retirement plan with precious metals.
Invest in Your Future