Even though the elections are over, it is safe to say that there is an economic ‘frankenstorm. These issues are often discussed to friends and family members, who will be concerned about their job security, retirement accounts, as well as how they will pay for basic necessities of life. Visit our website and learn more about 401k rollover to gold IRA.

Everyone is more worried about the future if they are watching the news. This is why so many people are turning to precious and gold IRA rollsover accounts to prevent certain disaster. You don’t want to miss out on gold-backed investing.

Did you lose your job in the last 60 days or are you about to lose it?

You may have noticed that many companies are already making plans to lay off employees in order to cut down on the cost of their health insurance. Needless to mention, this will cause a huge drop in consumer confidence over the holiday period. Not surprisingly, there is a 60-day window for you to transfer your retirement accounts to another holder after you lose your job.

Transferring to a precious metals IRA does not require you to contact your employer. Instead, you can hire an independent broker for a gold-backed IRA to open the account and manage it. This will protect your investment and you won’t be penalized for making the transfer. Individuals who are concerned about losing their job may also be able to invest in a precious metal IRA or gold IRA, and receive the same level of protection.

Retirement Savings Accounts being Dismantled

Do you still remember the day when your IRA’s value plummeted to 60%, or less than it was the day before? Most likely, you were shocked to discover that you had been robbed your entire life savings within hours.

You soon discovered that you could not get that money back if you didn’t invest in the risky paper markets. These markets were as doomed as the blue stocks. You might have also noticed that your 401k was still devoted to precious metals and continued to rise in value despite the collapse of the global economy.