What Is a Gold IRA Rollover?
A Gold IRA rollover occurs when a 401(k), or similar account, is converted, tax free and penalty free, into the type of individual retirement account (IRA) that allows ownership of physical gold within the plan. A Gold IRA rollover differs from a Gold IRA transfer in that a rollover moves funds from one type of plan (401K) to a different type of plan (IRA). A transfer moves funds from one type of plan (IRA) to the same type of plan (IRA). Even though the two... Continue Reading
Category | Gold