360° Coverage : Real Gold IRA, LLC is Now Offering Nationwide Alternative to...

1 Updates

Real Gold IRA, LLC is Now Offering Nationwide Alternative to Retirement Account Holders - Learn How to Escape the High Fees That Erode IRA & 401(k) Retirement Accounts

Apr 17 2014, 7:08am CDT | by

Real Gold IRA, LLC is now offering a nationwide alternative to retirement account holders. They specialize in converting high fee IRA/401(k) retirement accounts into IRA LLCs, saving people thousands in account management fees while allowing physical possession of precious metals. Real Gold IRA LLCs are the low cost retirement account.

Provo, UT, April 17, 2014 --(PR.com)-- A median-income, two-earner household will pay nearly $155,000 on a variety of fees associated with their individual retirement savings accounts over the...

Filed under: news

YouTube Videos

 
 
 

22 weeks ago

Real Gold IRA, LLC is Now Offering Nationwide Alternative to Retirement Account Holders - Learn How to Escape the High Fees That Erode IRA & 401(k) Retirement Accounts

Apr 17 2014, 7:08am CDT | by

Real Gold IRA, LLC is now offering a nationwide alternative to retirement account holders. They specialize in converting high fee IRA/401(k) retirement accounts into IRA LLCs, saving people thousands in account management fees while allowing physical possession of precious metals. Real Gold IRA LLCs are the low cost retirement account.

Provo, UT, April 17, 2014 --(PR.com)-- A median-income, two-earner household will pay nearly $155,000 on a variety of fees associated with their individual retirement savings accounts over the course of their lifetime according to a research paper by Robert Hiltonsmith of the think tank Demos. Real Gold IRA, LLC a Utah-based company is now offering a nationwide alternative to these fee-driven retirement accounts. Real Gold IRA’s Executive Manager, Marc Kallas, a former educator and trading strategist with TD Ameritrade has spent over 2 years researching a retirement vehicle that has been IRS approved since 1975, the IRA LLC. By converting existing retirement accounts into an IRA LLC, investors have virtually no fees, greater flexibility with assets and true checkbook control; all with the same tax-free or tax-deferred status of their existing accounts. “Asking struggling American households to pay these prices to save for retirement is more than patently unfair, it’s immoral,” Hiltonsmith wrote in the report.

In his review of the Frontline documentary, “The Retirement Gamble,” now available online, Huffington Post Chief Financial Writer Mark Gongloff wrote, “As the documentary makes sadly clear, the retirement system,” 401(k) or similar retirement plan, “is now a giant buffet table of our money, from which various people on Wall Street are grabbing as much cash as they can, while we’re not really paying attention. They take management fees, promotional fees and administrative fees. They take fees for active trading, which are often hidden from the investor.” Other fee facts included in Hiltonsmith’s report:

· The median expense ratio of mutual funds in 401(k) plans was 1.27% in 2010.
· Trading costs vary from year to year, but have been estimated to average approximately 1.2% a year as well.
· Smaller retirement account plans have higher average fees than larger ones.
· The median expense ratio was 1.29%, while for plans with more than 10,000 participants, it was 0.43%.

All told, these median annual fees total 3.76%. This number is staggering when considering its total market valuation. As published in the Investment Company Institute’s last quarterly retirement asset data report of December 31st, there was $23 trillion in U.S. retirement assets under management. Accordingly, Wall Street is generating nearly $1 trillion in annual fees. "The IRA LLC is a management fee killer. Real Gold IRA’s management and asset quarterly fees total only $34, regardless of the value or number of assets held in the IRA LLC. This is the only account fee, period…and probably why you’ve never heard of it. In fact, they are such a closely guarded secret that there are many professionals in the financial sector who are unaware of their existence," added Kallas.

Real Gold IRA is a precious metals distributor that specializes in converting client retirement accounts into IRA LLCs for the sole purpose of owning and taking physical possession of gold & silver via their new account. Robert Kiyosaki, author of “Rich Dad, Poor Dad,” was recently quoted as saying, “Gold and silver is God’s money…Cash is trash.” The dollar has been losing value steadily since 1972. This process has been accelerated in recent years due to Quantitative Easing (QE) and other Federal Reserve policies. Many people see the effects of inflation every time they go to the grocery store or gas pump. The traditional method of preserving buying power is to own gold and silver. Former Federal Reserve Board Chairman, Alan Greenspan summed it up best when he said, “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation.”

If a client wants to convert all or some of an existing account or accounts, Real Gold IRA can design a custom plan to facilitate their needs. Real Gold IRA’s staff of experts has decades of experience in the financial and precious metals markets. Their network of industry professionals draft and review all necessary documents to complete account conversions from start to finish, including all federal and state filings.

If you are an investor who is:

· Wanting to take control of account management fees;
· Looking to diversify;
· Attracted to the idea of physical possession of metals rather than relying on a depository; or
· Trying to hedge against current market volatility (tech, housing, stocks and bond bubbles);

Then an IRA LLC from Real Gold IRA is the solution you have been seeking. For more information visit their web site @ www.realgoldira.com or call their office @ (801) 859-2580 for a free consultation.

Contact Information:
Real Gold IRA, LLC
Robert Law
(801) 859-2580
Contact via Email
www.realgoldira.com

Read the full story here: http://www.pr.com/press-release/553076

Press Release Distributed by PR.com

 

Don't miss ...

 

<a href="/latest_stories/all/all/29" rel="author">PR.com</a>
PR.com press-releases.

 

blog comments powered by Disqus

Latest stories

Exercise good for people undergoing chemotherapy
New York, Sep 20 (IANS) Exercise has multiple benefits and researchers suggest that exercise may have an added benefit for cancer patients undergoing chemotherapy.
 
 
Was that a UFO?
London, Sep 20 (IANS) An encouraging development has taken place for those who believe in extra-terrestrial life. People in Portsmouth saw an unidentified flying object (UFO) in the sky at dusk.
 
 
Quarantine measures making Ebola outbreak spread: Study
Washington, Sep 20 (IANS) New Ebola cases could reach 6,800 in West Africa by the end of the month if new control measures are not enacted, warn researchers.
 
 
Pakistanis prominent winners at UK's Asian achievers awards
London, Sep 19 (IANS/RAY) Persons of Pakistani-origin emerged as prominent winners at the 2014 Asian Achievers Awards in Britain Friday while Sir Tejinder Singh Virjee, a professor of physics at Imperial College, London, headed the list of Indian-origin recipients.
 
 
 

Latest from the Network

Exercise good for people undergoing chemotherapy
New York, Sep 20 (IANS) Exercise has multiple benefits and researchers suggest that exercise may have an added benefit for cancer patients undergoing chemotherapy. Their work, performed on a melanoma mouse model,...
Read more on Business Balla
 
Windies women steal last-over win over New Zealand
Basseterre (St. Kitts), Sep 20 (IANS/CMC) Seamer Shakera Selman bowled a brilliant last over as the West Indies women's cricket team snatched a thrilling four-run victory over New Zealand to complete their sweep of the...
Read more on Sport Balla
 
Was that a UFO?
London, Sep 20 (IANS) An encouraging development has taken place for those who believe in extra-terrestrial life. People in Portsmouth saw an unidentified flying object (UFO) in the sky at dusk. According to a met...
Read more on Politics Balla
 
I'm no savior: Nilmar
Rio De Janeiro, Sep 20 (IANS) Former Villarreal striker Nilmar has urged fans not to consider him a "savior" as he attempts to help Internacional end a 35-year title drought in Brazil's Serie A football league. The 30...
Read more on Sport Balla
 
White House evacuated briefly after intruder alert
Washington, Sep 20 (IANS) A part of the White House was evacuated after a disturbance was detected on the North Lawn, media reported Saturday. A man jumped the fence at the White House late Friday night and made it...
Read more on Politics Balla
 
Bucharest will be ready for Euro 2020: Mayor
Bucharest, Sep 20 (IANS) Romania's capital city Bucharest will be ready to host 2020 European football championship matches, Mayor Sorin Oprescu said. Bucharest has been selected as one of the 13 host cities for the...
Read more on Sport Balla
 
225 MH17 victims identified
The Hague, Sep 20 (IANS) The number of victims identified in the crashed Malaysia Airlines flight MH17 has now climbed to 225. The Dutch ministry of security and justice Friday said that out of 14 more who have been...
Read more on Politics Balla
 
Quarantine measures making Ebola outbreak spread: Study
Washington, Sep 20 (IANS) New Ebola cases could reach 6,800 in West Africa by the end of the month if new control measures are not enacted, warn researchers. Through modelling analysis, a team from Arizona State...
Read more on Business Balla
 
Typhoon kills eight in China
Beijing, Sep 20 (IANS) At least eight people were killed and two were missing as typhoon Kalmaegi hit China, officials said Saturday. On Sep 17, a group of 395 students and teachers, who got trapped on the first floor...
Read more on Politics Balla
 
Ukrainian government, rebels agree on weapon-free zone
Minsk, Sep 20 (IANS) Representatives from the Ukrainian government and pro-Russian rebel groups from eastern Ukraine Saturday signed a deal to establish a weapon-free zone after holding peace talks in the Belarusian...
Read more on Politics Balla