America has a little-known section of IRS tax code (Section 408(m)(3)) that generally allows you to LEGALLY transfer your IRA or 401(k) into precious metals without taxes, fees, or penalties. I didn’t qualify due my 401k was still active at my current job so no excuse to transfer (if you’re retired already or unemployed or at job change you can transfer). So, I lowered my 401K allocation to the minimum participation amount in April 2021 (stock market is trash and the Dollar is on its way out). I have diverted all that currency allocation to buying physical metal. Can’t wait for my stack weight to start competing with my ammo weight. It’s well on its way (FYI, I have A LOT of ammo).
SD Bullion, BullionMax, PIMBEX, JM Bullion, APMEX
America has a little-known section of IRS tax code (Section 408(m)(3)) that generally allows you to LEGALLY transfer your IRA or 401(k) into precious metals without taxes, fees, or penalties. I didn’t qualify due to my age at transfer and my 401k was still active at my current job so no excuse to transfer. So, I lowered my 401K allocation to the minimum participation amount in April 2021 (stock market is trash and the Dollar is on its way out). I have diverted all that currency allocation to buying physical metal. Can’t wait for my stack weight to start competing with my ammo weight. It’s well on its way (FYI, I have A LOT of ammo).
SD Bullion, BullionMax, PIMBEX, JM Bullion, APMEX