04/03/2023
An IRS Loophole That Can Help Save Your Retirement During Biden's Recession
Donald Trump has been a long time investor in Gold and Silver. Trump has been interested in gold and silver since at least the 1970s, when private ownership of gold became legal again. According to reports, he invested aggressively in gold at the time, buying the precious metal at about $185 and selling it around $780-790.
Itโs important to also look at what else happened in the 1970s:
Record levels of inflation
Geopolitical turmoil
Record high prices for fuel
Incompetency in the White House
Sound familiar? It should, because history often repeats itself.
Luckily this time around, Donald Trump has left open an IRS Loophole that allows you to opt-out of the volatility in your retirement account by converting your retirement account into a Self-Directed Gold IRA. This can be done with any 401K, IRA, TSP, or similar retirement account.
โฆand best of all, this conversion and your future contributions could be tax-free.