How do i know if i have an ira?

You can find your IRA using your social security number, either by searching for the entity with which you opened the account, browsing your state's treasury database, or hiring a company like Beagle to do the work for you. IRAs allow you to make tax-deferred investments to provide you with financial security when you retire. When you deposit money into an IRA, you indicate whether you want to open a traditional IRA or a Roth IRA. Depending on eligibility, traditional IRAs may be tax-deductible; however, the full amount is taxed when you withdraw the money.

If you are looking for a secure way to invest in gold, you may want to consider working with one of the many IRA Gold custodians available. On the other hand, contributions to a Roth IRA are not deductible, but the full amount will not be taxed when you hire it in retirement.