Simply put, the best time to start planning for retirement is now. If you don’t already have something in motion, it’s past high time that you get started. As the United States Department of Labor points out on their website, the sooner you start saving for retirement, the more time your money has to grow.


We live in a very now centered society, but sooner rather than later, the future becomes now. While that doesn’t seem to be the case most of the time, it’s just the reality of life. Fortunately for you, the power to secure a comfortable retirement is literally at your fingertips.

Besides the United States Department of Labor website, there are a number of websites at the wait that can assist you in securing that comfortable retirement. Make no mistake, in this process the internet can be your best friend, but also your worst enemy. Be selective in exactly who you gather your information from.

Look for information from reliable and trusted institutions, like the United States Department of Labor, or look for information from reliable and trusted financial planning companies. It’s tempting to take the advice from a trusted friend, but what works for others may not work for you.

Find out the options available and go with what best suits you and your needs. It’s a daunting prospect, but a worthwhile one as well. Old age can be a tough road as it is, a sound financial situation would only multiply that tough road.

The future is always unknown, and it’s the human condition that the unknown is one of the scariest things of all. Your future financial situation doesn’t have to be unknown. Become enpowered.

Take charge of your retirement. The first step is always the hardest, but after you make that step, you’re often left wondering why you were scared in the first place. Retirement planning will be no different. This is something you are completely capable of.

It might call for some financial buckling down, but the feeling of security you’ll gain will be well worth whatever you have to sacrifice.

Being a precious metal, gold is currently in high demand in sectors such as technology, aerospace and other sectors in the market. At the same time, the current amount of gold available on the market and the fact that the new gold deposits will run dry, indicates that there will be gradual decrease of the availability of gold in future.

The less availability of gold will mean that there will be a high price for investors. Some of other factors that may result from the decrease of the metal include geopolitical instability, inflation threat and currency devaluation. As the prices of the metal fluctuates, investing in gold has proven to be an excellent investment for those investors who are wise

Gold ira rules

Before you purchase Gold in IRA, you should understand that there are rules to consider. The first rule on gold ira as specified by the IRS is that only certain types of the metal be included in the ira. Gold metal must be absolutely 99.9 percent pure and must be minted by one of the United States Mint. Some of the gold coins that meet the requirements of IRS are; American Gold Eagle, Australian Kangaroo coins, Austrian Philharmic, and Canadian Gold Maple Leaf coins.

It is not possible for the investor in gold ira to keep the physical gold in his or her own house. The investments are handled by the third party who acts as the custodian of the metal and this metal must be bought under the directions of ira broker.

The rollovers or transfers are also done by the third party where it must be done in form of cash. The metal is stored in vault segregated storage and the investor must pay for these services. After you have made your gold purchase, the metal will then be transfered to the vault that has been selected.

It is important for the investor to have the account administrator. Remember that not all administrators of ira have the capability of handling the self-directed iras and corresponding inclusion of the metals in it. The account administrator should be the person who may not be familiar with IRS rules but can keep informed of the changes to the metals ira.

The moment the transfer of gold is chosen, the investor is not required to get into contact with IRS. This is because the transfer is from one an ira account into the new account without getting the value of funds in the hand. The IRS will not even know that the transfer has taken place.

This will therefore not imply any tax consequences for the investor, but the moment the investor decides the rollover, contributions to ira account will be transfered to the account of the investor. If the assets will not be transfered to the new ira account, the IRS will regard this as a withdrawal and this is supposed to be done within 60 days otherwise it may result into a financial consequences for the investor.