Thinking about a gold IRA? Heres how it stacks up against a traditional IRA

Gold IRA offers tax advantages for diversifying retirement savings with physical assets like gold, silver, platinum, and palladium. While subject to specific IRS storage and purity rules, these accounts allow for tax-deferred growth or tax-free withdrawals, depending on the account type. However, investors should be aware of higher fees and the lack of income generation from physical metals.