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Augusta Precious Metals and Goldco are some of the most respected gold IRA companies on the subject of investing in gold for retirement. Q: How Do I Convert My IRA to Gold With out Penalty? Can I Convert My Roth IRA Into Gold? While it’s advantageous to transfer funds to any kind of IRA, the money might be taxed if it’s rolled to a Roth IRA. It's because Roth IRAs aren’t tax-deferred; you pay taxes on the income before depositing it into the account, but the advantage with a Roth account is that withdrawals made during retir