Question 1

Is gold a good investment for retirement?

Accepted Answer

It can be, for the right person, but it's not a good fit for everyone. Gold tends to fit people who want to protect what they've saved, who hold most of their savings in dollar-based assets, and who can leave the gold investment alone for years. It's a poor fit for anyone who needs the money to produce income or who may need it soon. Our free assessment gives you a straight read on which side you're on.

Question 2

What is a Gold IRA?

Accepted Answer

A Gold IRA is a self-directed IRA that holds IRS-eligible physical precious metals instead of paper assets. It follows the same tax rules as any other IRA. The difference is the assets inside it and a few extra rules about custody, storage, and which metals qualify.

Question 3

Can I store Gold IRA metals at home?

Accepted Answer

No. Inside an IRA, your metals must be held by a custodian at an approved depository of your choice. Taking personal possession is treated as a distribution, with the taxes that come with it. Any pitch for a "home storage" Gold IRA should be treated with suspicion.

Question 4

How much does a Gold IRA cost?

Accepted Answer

Most custodians charge a fixed annual fee, currently around $250, which typically includes storage. Because it's a fixed fee rather than a percentage of your balance, the cost becomes a smaller share of the account as the account grows.

Question 5

How do I move my 401(k) or IRA into gold without taxes or penalties?

Accepted Answer

Through a direct transfer or rollover into a self-directed Gold IRA. Done correctly, moving eligible retirement funds this way does not trigger taxes or penalties. Confirm the specifics with the custodian and your advisors.

Question 6

Is IsGoldRightForMe a gold dealer?

Accepted Answer

No. We're an educational and matching service. We help you understand whether gold fits your situation, and if it does, we connect you with a vetted provider. We don't sell metals, we do not get a commission if you decide to buy metals from one of our vetted providers, and we're not financial advisors.

Question 7

How does IsGoldRightForMe make money?

Accepted Answer

When you request a free gold guide, a vetted provider we refer you to will pay us for the introduction, not for any sale. Read the full explanation on our How We Make Money page.

Straight Answers to the Gold Questions Everyone Asks