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Yahoo Finance Article Prompts Certified Gold Exchange to Sound Gold IRA Advisory - Valley News Live - KVLY/KXJB - Fargo/Grand Forks

Yahoo Finance Article Prompts Certified Gold Exchange to Sound Gold IRA Advisory

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Americas Trusted Source for Gold is encouraging investors to make use of its team of gold IRA advisers in order to avoid costly gold IRA paperwork mistakes that could hurt potential beneficiaries.

Fort Worth (PRWEB) July 02, 2014

The official Certified Gold Exchange has taken note of a June 27 Yahoo Finance article about IRA beneficiary forms and has issued an Investor Advisory to warn investors about paperwork-related complications that could arise. CGE spokesperson Janet Jones says failure to complete IRA forms correctly could spell disaster for beneficiaries after the death of the IRAs owner.

The IRA is very strict about proper completion of IRA paperwork, as evidenced by the Yahoo Finance article, Jones said. And even if the judge presiding over the case has common sense, he or she is required to rule based on current tax law. In the case of Leonard Smith it was revealed that he wanted to leave his money to his children but his wife of two months ended up with the money because Mr. Smith didnt complete the beneficiary designation form properly.

Investors must designate their primary and contingent beneficiaries when opening or transferring retirement accounts, and failure to follow the custodians directions to a t could result in funds being distributed in a manner other than what the account holder intended. This risk is one of the reasons the official Certified Gold Exchange employs a full-time team of gold IRA advisers, said Jones. Even if you dont do business with us directly our retirement account specialists are on hand to help you complete the transfer paperwork properly.

Certified Gold Exchange, Inc. is one of North Americas premier precious metals trading platforms, providing unparalleled service to licensed dealers, institutions, and household investors since 1992. Certified Gold Exchange maintains an A+, Zero Complaint Better Business Bureau rating. For more information or a free Gold Investors Guide, visit http://www.certifiedgoldexchange.com or call 1-800-300-0715 today.

For the original version on PRWeb visit: http://www.prweb.com/releases/2014/07/prweb11990325.htm

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