Even though gold is not abundant in Lexington, that hasn’t stopped residents from investing in gold products. Gold is a long-term growth asset that acts as a hedge against inflation. If you also want to diversify your portfolio, consider buying gold online from the comfort of your home. Upon placing your order, the gold company will have your products delivered to your home or depository.
Types of Precious Metals Investments
If you’re considering investing in gold, the most popular assets to choose from include gold coins, bars, and IRAs.
Lexington residents who wish to invest in a gold IRA can contact a local or online gold dealer to set up a new account or roll over an existing IRA. A representative from the gold company can guide you through the setup process and help you in choosing IRS-approved gold products, a custodian, and a depository.
If you want to roll over a traditional IRA into a gold IRA, the following accounts are eligible:
Thrift Savings Plan (TSP)
However, make sure the transfer is completed within 60 days when you are rolling over an IRA to avoid possible penalties for early withdrawal.
Buy Gold and Silver Coins, Bars, and Bullions Online in Lexington
Popular gold coins:
U.S. Saint-Gaudens Double Eagle
U.S. American Eagle
Canadian Maple Leaf
Chinese Gold Panda
South African Krugerrand
Popular gold bars:
Holy Land Mint
Coin Mints in Lexington
San Francisco Mint
West Point Mint in New York
Precious Metals Buying Guide by State
Click on your state to learn more about purchasing gold or investing in a gold ira in your area.
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McGruff.com is not an agent or representative of any gold company or institution, and does not make any decisions about gold. The precious metal market has inherent risks. You should consult with a financial advisor before making any decisions. Submitting your information on this website does not mean that you will be approved for gold exchange. McGruff.com does not endorse any specific company. You should research all available gold exchange options for your situation. For questions about your gold exchange, please contact the gold company directly.