Hedge against inflation
Inflation can seriously impede your purchasing power, so putting your retirement savings in an asset like gold — which has historically outperformed other assets amid inflation — is a solid hedge against rising prices.
According to Forbes, inflation typically has an indirect impact on the price of gold. Investors often use gold to protect the value of their money during times of high inflation, and over the long term, it has proven to be a reliable cushion amid economic uncertainty.
Thor Metals is an industry leader in precious metals, offering physical delivery of gold and silver.
If you’d like to convert an existing IRA into a gold IRA, Thor Metals offers 100% free rollover, as well as free shipping and free insurance. Qualifying purchases will also receive up to $20,000 in free metals.
To learn more about how Thor Metals can help you reduce inflation’s impact on your nest egg, download their free 2025 guide on how to invest in precious metals.
Reap tax benefits
While there are multiple ways to invest in gold, the tax advantages of gold IRAs are a clear benefit.
Traditional gold IRAs function like regular IRAs. They lower your taxable income through pre-tax contributions and your contributions are tax-deductible, which reduces your taxable income for the year in which you contribute.
Additionally, taxes on your gold IRA are not due until you withdraw your money, so you’ll be taxed at your income tax rate at the time of withdrawal.
To take advantage of these tax benefits, you can open a gold IRA with the help of Thor Metals today.
How it works
You can open a gold IRA account with the help Thor Metals in three simple steps —
Step 1: Set up a self-directed IRA by filling out a standard custodial application.
Step 2: You can fund your gold IRA through a rollover from an existing retirement account or through direct contributions. An experienced IRA expert from Thor Metals will walk you through the process.
Step 3: A Thor Metals specialist will help you create a personalized strategy – helping you choose the specific gold and silver products to include in your gold IRA. Plus, they will also help you choose an IRS-approved depository to securely store your precious metals.