• What kind of information would I need to provide in that application for 7k’s gold-backed IRA?

  Here’s the full list of what to have on hand when you’re filling out the application: Your name, address, and date of birth Type of account you want to open (Traditional IRA, Roth IRA, Solo 401(k), etc.) Investment type (Real Estate, Private Equity, Precious Metals) Credit card Your mobile phone for PIN verification Also, just in case and if applicable, bring: A Current and valid Drivers License or other State Issued ID Current account statement if you are transferringFew readers

• After I purchase precious metals, because I’m not allowed to hold them for myself, does this custodian keep them safe for me?

  When you put away funds for retirement, the IRS states that you have to hire a custodian who essentially holds your money until you need it—kind of like a hired iron piggy bank. In the case of a self-directed IRA, the custodian is just in charge of watching your money and making sure taxes get paid correctly. While your money is sitting in this account, you have the option to use it to invest with. Because 7k offers an IRA that is self-directed, you are completely in charge of how you want to uFew readers

• What if I already have an IRA, or a 401k? Can I rollover funds?

  Absolutely. Our trusted custodian allows rollovers from most other accounts, and in any situation where you might run into trouble, they’re more than happy to help out. All you have to do is complete a Rollover Form, here. You can find that on the website by going to the Fees and Forms Tab,Few readers

• What is a self-directed IRA?

  A self-directed IRA is similar to an average IRA you might open through a bank or broker—except you aren’t limited to investments in the stock market. Instead, a variety of asset investment options are open to you, including precious metals. Enjoying the same tax advantages, you can diversify your portfolio and use your funds to invest in what you trust.Few readers

• What is an IRA?

  An IRA is an Individual Retirement Account: an account that can be used to save for retirement. Funds allocated to an IRA are either tax-deductible or tax-deferred, depending on the type of IRA, and holdings can be invested to, hopefully, maximize growth.Few readers

• How do I find 7k’s gold-backed IRA custodian partner?

  7k’s gold-backed IRA offer includes access to our trusted custodian. We have done extensive research on great custodians for our Members, and if you choose to start using this benefit, we can put you in touch with our top choice, a very trusted partner of 7k’s. To find our trusted custodial company, go to the 7k Member Benefits page, choose the ‘Gold-backed IRA’, and hit ‘Show Options’. This will take you straight to their website where you can get started.Few readers

• After my IRA is open, what’s the next step?

  After opening a gold-backed IRA, the next step is to fund your account. This can be done in a variety of ways, including: Making a contribution. Rolling over funds from another account. Making a transfer from another IRA.Few readers