Should You Invest In Gold Consider These Pros and Cons

For centuries gold has been an asset that many have used as their basis for wealth. Ownership of gold also means you own a direct relationship to volatility. No other asset in the past hundred years has reflected volatility more than gold. If you are concerned at all about volatility, especially with your important retirement funds that must remain [...]

By |2020-04-16T00:20:48+00:00January 9th, 2020|Investing|

What is a Prohibited Investment in an IRA?

The IRS restricts specific investment options for an IRA. These restrictions do not allow investment in collectibles, antiques, and other assets. Here is a list: If an IRA invests in collectibles, the amount invested is considered distributed in the year invested. The account owner may have to pay a 10% additional tax on early distributions. [...]

By |2020-04-15T01:18:37+00:00April 17th, 2019|Retirement Planning|