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After selecting your custodian or gold group, the rollover process must start immediately. Typically, this includes:
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Gold ETF: A Gold ETF, also called an Exchange-Traded Fund, tracks the price of gold by trading on major stock exchanges. A Gold ETF provides investors with all the advantages associated with investing in physical gold without needing to store physical coins themselves; however, when you own shares in one you only own shares in that fund rather than physically owning gold itself.
Accurate Reporting: Precise records and annual reporting to the IRS are crucially important for any IRA, so hiring a professional custodian ensures all transactions are correctly reported to them.