LOS ANGELES, June 11, 2024 /PRNewswire/ — Amid rising economic uncertainty and increasing interest in alternative investments, Orion Metal Exchange explains why incorporating a Gold IRA into your retirement portfolio could be a wise decision for 2024. As traditional stocks and bonds face volatility, gold stands out as a resilient asset, offering both stability and growth potential.
Understanding Gold IRAs
Gold IRAs allow investors to hold physical gold, coins, and precious metals-related investments within a tax-advantaged retirement account. Similar to traditional IRAs, contributions to a Gold IRA can be made with pre-tax money, and the investments grow tax-deferred until withdrawal.
The Growing Appeal of Gold
Since the Taxpayer Relief Act of 1997, which permitted gold and silver coins minted by the U.S. Treasury to be included in IRAs, the demand for Gold IRAs has surged. This trend continues today, driven by gold’s impressive performance—up 15% year-over-year and 81% over the past five years.
Gold’s value tends to remain stable or even increase during turbulent times, making it an excellent hedge against market downturns and inflation. By diversifying into a Gold IRA, investors can protect their portfolios from the unpredictable swings of the stock market.
How to Set Up a Gold IRA
Orion Metal Exchange, a leader in the precious metals market, offers a simple and streamlined process to help investors open a Gold IRA account. The application process takes about ten minutes, and the IRA account is established within 24 hours. For those rolling over funds from a pre-existing IRA, Orion Metal Exchange facilitates a tax-free rollover, ensuring a smooth and easy transition.
Once the Gold IRA is funded, investors can begin purchasing gold. Orion Metal Exchange offers a price-match guarantee, ensuring competitive pricing on all precious metals. All assets are securely stored in an IRS-approved, insured storage facility.
Choosing the Right Precious Metal Dealer
When selecting a firm to manage your Gold IRA, it’s crucial to choose one with a proven track record, proper licensing, and a commitment to customer service. Orion Metal Exchange excels in all these areas, offering transparency in online product pricing, historical charts, insightful articles, and a dedicated in-house and full-service IRA department to assist investors with their retirement account needs.
Orion Metal Exchange is a leading provider of physical precious metal investment products and offers a variety of self-directed individual retirement account programs that enable investors to own physical gold, silver, platinum, and palladium. Orion Metal Exchange is committed to fostering long-term relationships by offering transparency in product pricing, best-in-class customer service, and a customer-exclusive fee-free buyback policy. Orion is top recommended by Retirement Living and Consumer Affairs.
To learn more about Orion Metal Exchange, please call 1-800-559-0088 or visit www.orionmetalexchange.com.
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Orion Metal Exchange
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SOURCE Orion Metal Exchange
