Silver IRA & Silver 401K

Historically speaking, silver has always been an immensely popular precious metal. Throughout 2011, silver has continued to rise in value, 2^nd in popularity only to gold. In recent times, the IRS has approved the addition of precious metals into Individual Retirement Accounts (IRAs). This meant that investors could now convert their paper denominated assets into 100% physical gold and silver.

 

The process of changing paper backed assets from an investor’s Individual Retirement Account or Former 401K and changing them into physical silver is known a Silver IRA or Silver 401K. When you create a Silver IRA or Silver 401K account, it is established as a Self-Directed IRA account. This means that a retirement account under the investor’s control is opened and has the capability of holding precious metals such as Gold and Silver. With a Self-Directed IRA account, you the investor have complete control of your precious metals, which are 100% real physical silver bars and coins.

 

The IRS only allows certain types of Silver into an Individual Retirement Account. IRS approved silver IRA metals include the American Silver Eagle, the Proof Silver American Eagle, the Canadian Silver Maple Leafs and the Austrian Silver Philharmonic Coins. In addition, Bars like the 10 oz. Pamp Suisse and Credit Suisse as well as the 100 oz. Johnson Mattheny bar can also be added to a Silver IRA or Silver 401K account.

 

Silver IRA & Silver 401K Benefits

 

Adding silver into a financial portfolio or IRA acts as a hedge against paper asset depreciation. A Silver IRA or Silver 401K also provides portfolio diversification and protection of wealth against inflation and turbulent economies.

 

Silver as a currency is one of the most genuine forms in existence; since silver is not bound to any one particular money type, the value of the precious metal cannot be altered by central banks or governments. Silver has a proven track record for thousands of years and continues to perform today during turbulent economic times. This is one of the most convincing reasons to transfer a portion of your IRA into a Silver IRA or Silver 401K.

 

For more information on how to start a Silver IRA or Silver 401K, please contact American Bullion Inc. at 1-800-531-6525 or email us at info@americanbullion.com today.

 

Silver IRA & Silver 401K Home