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

 
 
 

31 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

Spanish health worker flown home after possible Ebola contagion
Madrid, Nov 21 (IANS) A Spanish health worker with Doctors Without Borders (MSF) arrived back in Spain Friday morning from Mali after being deemed at risk of contagion from the Ebola virus.
 
 
Japanese government concerned by yen's rapid fall against dollar
Tokyo, Nov 21 (IANS/EFE) Japanese Finance Minister Taro Aso Friday expressed concern over the sharp depreciation of the yen against the dollar this week, and said abrupt movements in the foreign exchange market were not beneficial to the Japanese economy.
 
 
WHO declares DRC Ebola-free
Geneva, Nov 21 (IANS) The World Health Organisation (WHO) Friday declared the end of the Ebola outbreak in the Democratic Republic of Congo (DRC).
 
 
Ultra rich population getting richer: Study
Washington, Nov 21 (IANS) Only 0.004 percent of the world's high networth adult population controls almost 13 percent of the world's total wealth, according to a new study.
 
 
 

Latest from the Network

Kris Jenner keen on Kourtney and Khloe double wedding
Kris Jenner wants Kourtney and Khloé Kardashian to have a double wedding. The 59-year-old manager reportedly thinks Kourtney should marry Scott Disick and Khloé should marry French Montana during the same ceremony for...
Read more on Celebrity Balla
 
Miley Cyrus and Patrick Schwarzenegger planning holiday
Miley Cyrus and Patrick Schwarzenegger are planning to go on a romantic holiday. The 'Wrecking Ball' hitmaker is said to be smitten with the 21-year-old hunk - the son of Hollywood legend Arnold Schwarzenegger and Maria...
Read more on Celebrity Balla
 
Kelly Brook's Winter Chunderland
Kelly Brook was nearly sick at London's Winter Wonderland attraction yesterday (20.11.14). The 34-year-old model attended the VIP launch of the annual festive fair in Hyde Park, and admitted to feeling worse for wear...
Read more on Celebrity Balla
 
Katy Perry and will.i.am to cover Imagine for UNICEF
Yoko Ono, Katy Perry, will.i.am and David Guetta are among the celebrities who have recorded a cover of John Lennon's 'Imagine' to raise funds for UNICEF. The star-studded cover will be accompanied by an interactive...
Read more on Celebrity Balla
 
Spanish health worker flown home after possible Ebola contagion
Madrid, Nov 21 (IANS) A Spanish health worker with Doctors Without Borders (MSF) arrived back in Spain Friday morning from Mali after being deemed at risk of contagion from the Ebola virus. MSF confirmed the female...
Read more on Business Balla
 
Ukraine accuses Russia of cross-border shelling (Roundup)
Kiev, Nov 21 (IANS) Ukraine Friday accused Russia of carrying out cross-border shelling against Ukrainian positions in the eastern part of the country even as pro-Russian separatists put the toll in the ongoing...
Read more on Politics Balla
 
Obama set to be chief guest at India's R-Day (Lead, changing dateline)
Washington, Nov 21 (IANS) Signifying a renewal of the India-US strategic partnership, President Barack Obama has accepted Prime Minister Narendra Modi's invitation to join India's Republic Day celebrations as chief...
Read more on Politics Balla
 
Chinese court upholds life sentence against Uyghur activist
Beijing, Nov 21 (IANS/EFE) A court in western China has upheld the conviction and life sentence handed down against Uyghur activist Ilham Tohti, who appealed the sentence when it was first passed in September, one of...
Read more on Politics Balla
 
Matt Smith to star in Patient Zero
Matt Smith has been cast in 'Patient Zero'. The former 'Doctor Who' star has signed on to appear in the infection film which will see him have to cope with the aftermath of a worldwide viral pandemic across the Earth....
Read more on Movie Balla
 
Mick Jagger praises 'amazing' Chadwick Boseman
Sir Mick Jagger claims Chadwick Boseman is ''amazing'' as James Brown in the singer's biopic 'Get On Up'. The 71-year-old Rolling Stones rocker co-produced the movie and praised the young actor for his portrayal of the...
Read more on Movie Balla