In this series we will discuss the most frequently asked questions we get on a regular basis from our clients regarding Precious Metals IRA’s. This is the fourth video in this series. Please make sure you watch the remaining videos in this series - they should help answer some of your questions about diversifying into the precious metals markets.
What if I need to liquidate my Precious Metals IRA?
You can sell the gold or precious metals in your IRA at any time without any taxes or penalties, provided you do not take the cash out of your IRA. If you take the cash out of your IRA you will need to pay taxes on the cash unless it is a ROTH IRA.
What happens to my Gold IRA if I die?
In the event you pass away, your IRA and its assets will be transferred to your IRA beneficiary or beneficiaries. You can name the beneficiaries to your IRA when you establish the account and you may change the beneficiaries at any time.
Can I leave my Precious Metals IRA to my church or charity?
Yes. You may name your church or any charity as the beneficiary of your IRA and its assets.
Thank you for watching this video in our series on Precious Metals IRA’s. We hope you found it informative. Please make sure you watch the remaining videos in this series - they should help answer some of your questions about diversifying into the precious metals markets. You can always find more information on this topic, as well as other important information on the precious metals markets by visiting our website linked in the description below.