Investing In Gold With A Roth IRA

Roth IRAs are, perhaps, the most common among retirees in America. Of all Roth IRAs opened and maintained every year, there is a large amount of Gold Roth IRAs opened as well. The reasons for this are simple, and so are the advantages.

Gold does not lose value, unlike fiat currency, as it is a precious commodity. Since there is only so much gold in the world it always is valuable, and it will always be an accepted currency the world over – regardless of what might happen to the global economy down the road.

Alas, many retirees find themselves knowing very little about Gold Roth IRAs, or how they work.


First off, let’s take a look at what makes a Gold Roth IRA different from your more traditional IRAs.

In a traditional IRA, a retiree can only put cash into his/her account. This means that the account is meant solely for cash (in our case, USD). Such a stipulation means that the value of your IRA can decrease over time, should the economy suffer any hardships. It also means that, should you choose to retire overseas, the value could be substantially less in the event the currency of your new nation is stronger than the USD.

Gold Roth IRAs, however, are not as susceptible to the ebb and flow of the global economy. As stated earlier, gold is rare – precious even – and as such it will always keep its value. Not only can gold keep its value, but it can also rise in value; in the past decade, the value of gold has risen by 300%! This sort of value will ensure that your IRA’s worth can potentially increase as the value of gold continues to rise.

Another advantage to Gold Roth IRAs is that a retiree can transfer pre-existing IRA funds into the new Gold Roth IRA. As such, it should be noted that gold from a Roth IRA cannot be transferred to a pre-existing, traditional IRA. As this is the case, it is advised to transfer the funds from a traditional IRA into a Gold Roth IRA, and then to close the old IRA once the entirety of it has been transferred.


When investing money into a Gold Roth IRA it is typical for institutions to adhere to the same limit they assign other IRAs. The largest amount of cash that one can invest into a Gold Roth IRA is $5,000, per year. As mentioned, this is the standard restriction set by most (if not all) institutions.


Retirees looking to open a Gold Roth IRA should be able to do so through their current IRA provider (such as Vanguard, Charles Schwab, Fidelity, and so on…), and gold can often be purchased through one’s bank. The best advice I can give to retirees looking to open a Gold Roth IRA is to search online, dedicating enough time to research each company thoroughly.