Can I invest in a company that I work for?
Yes, as long as you do not own majority of ownership of that company, it must be less than 50%.
Can I borrow from my IRA?
No. This would be a prohibited transaction under Internal Revenue Code Section 4975.
What investments are not allowed in my IRA?
IRAs are prohibited from investing in collectibles and life insurance, as well as S corporations (the latter are prohibited under S corporation laws).
We specialize in providing clients with superior strategies to protect their wealth and their retirement plans with a gold IRA and precious metals ownership. We are fully committed to educating clients about and providing clients with all aspects of wealth management and asset protection through our individually tailored solutions based in your needs, your goals and your objectives. Individual service, asset protection strategies and wealth management solutions are the foundation of our business.