How To Convert Your 401k to Gold
How to Convert Your 401k to Gold Whether you're interested in making a tax-free rollover or converting your 401k to gold, there are a few things to consider. There are several advantages to rolling over your funds this way, so read on to learn how to convert your 401k to gold . The Internal Revenue Service requires that you make the transfer within 60 days or you'll be subject to penalties. Plus, converting your 401(k) to gold can open up new perks. Most employer plans are limited in choice and come with high fees, so there's little incentive to look around for a better plan. A new 401(k) will typically offer cheaper investments, and lower account fees, as well as more gold investment options. Direct rollover If you are considering a direct rollover of your 401k to gold, there are some things you should know. The first thing is that you have to know what is considered an "in-service distribution" for 401(k) rollovers. This type of rollover is different from a loan