Gold IRAs give investors more flexibility in what kind of assets they can invest in. Most importantly, precious metals IRAs allow investors to own physical precious metals, such as gold, silver, platinum and palladium. This is substantially different from most retirement accounts, which require investors to invest their money into dollar-denominated assets like stocks, bonds, mutual funds and ETFs. Not only do precious metals IRAs offer more flexibility while saving for retirement, they also offer more options for investors when they begin spending in retirement. Owners of Gold IRA accounts can chose between receiving physical gold and also selling their gold at market prices and receiving a check. Having physical gold during your retirement years can make a big difference in your standard of living, and comfort as you age.

Because the Federal Reserve and US Treasury control the amount of dollars in circulation, the value of the dollar can fluctuate greatly, and has experienced a very long-term secular decline in its value, since the founding of our country. Alarming statistics show the degradation, and struggle that American citizens face trying to save with dollar-backed assets: One US Dollar from 1792 would have lost 99.95% of its value by 2011, making it almost impossible over time to save money earned in the present to maintain the same lifestyle in the future. Because gold is extremely scarce, and can not be produced at the whim of governments and central banks, investors can invest with the peace of mind that it will effectively preserve and grow their wealth until the time comes when they need it the most.

When investors Convert IRAs to Gold, through Gold IRA accounts, they continue to enjoy the same tax benefits of traditional IRAs in their new precious metals IRA account. Although the rollover process is easy, most investors chose to work with a Gold IRA company who will help guide them through the conversion process, and make sure that investors follow all the IRS rules and regulations that govern Gold IRA rollovers.

Perhaps the greatest contributor to the popularity of converting IRAs and retirement accounts to Gold IRAs is the fact that every day, middle-class Americans can now own gold without investing an additional Dollar. Retirement savers are using the assets in their old retirement accounts to own gold in IRA accounts with precious metals as the primary investment vehicle. This opportunity to own gold without new cash investment has caused a substantial increase in retail demand for gold and silver coins, as well as bullion and numismatic coins with historical value.