Can I Use My 401k To Buy Gold?

Can I Use My 401k To Buy Gold?


Can I use my 401k to buy gold? With a standard 401k you can only hold gold
in the form of ETFs or mutual funds. This is considered “Paper gold” If you want
to invest directly in gold and silver, Precious metals, you need to form a self-directed IRA. In order to receive the tax benefits and no
penalties for moving these funds you need to do it with the proper company, and you
do not actually take possession of the Gold. The gold is stored in government approved
vaults until you are 65 and then you can receive the funds from the gold or the physical gold
directly. Now that you know if you can use your 401k
to buy gold, call: 1-844-612-7162 Order your Free Gold 401k Rollover Kit: http://FreeGoldIRARolloverKit.com

2 Comments

  1. IMPORTANT: In the video we say you can receive the funds with no tax penalty after age 65. It's a little more complicated than that, it depends if you are retired and still working, or not. You may be eligible as early as age 59.5 or as late as 70.5. For more exact details, call our toll-free number and we would happy to explain the nitty gritty deets.

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