Augusta Precious Metals offers a free Gold IRA Company Checklist to help you investigate moving your 401(k) to Gold: https://satoritraders.com/Gold-IRA-Checklist-26 00:32 Can I buy Gold with my 401k 00:54 401k rollover to Gold IRA 01:31 Gold IRA eligible 02:03 Gold IRA rollover 02:53 Gold IRA transfer Watch the next video in the 401(k) series: https://www.youtube.com/watch?v=dsuxV294nqY&list=PLKwY1_MCalTg8VWir9mJEe_jUTdUJy5Qw&index=3&pp=gAQBiAQB Inflation is rising in America just like it did in the 1970s Even the US Fed is acknowledging that “transitory” Inflation is going to be more persistent than expected Concerned investors are hedging their retirement savings with physical Precious metals Gold price vs Inflation From 1963 to 1980, the price of Gold increased by 1600% and Silver prices increased by 2700% Smart investors today are seeking a hedge from Inflation and asking: Can I buy Gold with my 401K? Can I buy Silver with my 401K? The answer is, “Yes!” You CAN use 401K funds to safeguard and protect your retirement savings with physical Precious metals Can I use my IRA to buy Gold? An IRA or SEP-IRA can be used to buy Gold In fact, all of these tax-advantaged retirement savings accounts can be transferred into a Precious metals IRA: IRA, SEP-IRA, 401K, 403b, 457, TSP, annuities, pension plans Roll over 401k to Precious metals The requirement for moving a 401K to Gold without penalty is that you no longer work for the employer who provided the 401K 401K accounts active with a current employer are not eligible for a Gold IRA rollover There’s a simple 4-step process for opening a Precious metals IRA 1. Open a self-directed IRA account with an IRS-approved Trustee 2. Fund the account 3. Choose a Custodian to hold the physical Precious metals, and 4. Pick which metals to hold in the account The account can be funded with either a Rollover or a Transfer How to move 401k to Gold without penalty There are two ways to move 401K funds into physical Gold without incurring any tax consequences or penalties The best method is a Rollover since it involves zero risk An account Transfer is another option but it involves a distribution of funds which could trigger tax penalties and consequences if the Transfer isn’t completed within 60 days Gold IRA tax rules ~ Rollover ~ When a 401K account is rolled-over the funds are wired from the 401K Trustee to the Gold IRA Trustee The investor never receives any money so no distribution occurs - that means there is no risk of penalties or other tax consequences ~ Transfer ~ During an account transfer funds are distributed from the 401K to the investor The investor has 60 days to deposit the funds into the Gold IRA account If the transfer is not completed within 60 days the IRS will do two things: 1. assess a 10% early withdrawal penalty on investors who are under 59 ½ years of age 2. treat the distribution as regular income for tax purposes Benefits of Gold IRA Investors seek the protection of Precious metals when they feel anxiety about their existing financial situation Many Americans are becoming uncomfortable about overextended stock markets and transitory Inflation becoming permanent They are diversifying their retirement funds into physical Gold and Silver as a way to hedge against both financial risk and Inflation FTC Disclosure: Satori Traders provides Precious metals information for free to help consumers educate themselves. The contents of this video do not constitute financial advice. Always perform your own analysis and due diligence when putting your hard-earned money at risk. Before making any Investment decision consult your own Investment, Financial, Tax, and Legal advisors. These professionals will make recommendations appropriate for your personal circumstances and tolerance for risk. We receive compensation from external companies when you do business with them. Satori Traders' Disclaimer: We are not financial advisors or investment advisors. We do not provide investment advice. All of the information we provide is for the benefit of investors and consumers as they perform their own due diligence before putting their hard-earned money at risk. We may own, buy, or sell any of the stocks or other investment vehicles we cover at any time without providing notice to anyone. The free content that you are reading and/or watching is not a recommendation to buy or sell any stocks or securities - we are simply stating our opinions about what we observe in the financial markets and the world. You came into this world alone, and you are still on your own when it comes to making decisions about putting your hard-earned money at risk. If you want assistance making those decisions, find a qualified financial advisor or investment advisor - do not expect us to provide that support.

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