Just a few years later he became a paid spy for the Army, reportedly crossing over after being beaten up by the IRA following a row with a senior member. You can put cash you've already paid taxes on into a Roth IRA. A gold IRA could be traditional or Roth in format just like normal IRAs. A Roth IRA is a particular individual retirement account (IRA) the place you pay taxes on cash going into your account, after which all future withdrawals are tax free. Transferring cash from a Roth IRA to a Gold IRA has no tax implications. Should you loved this informative article and you wish to receive more details about what is a gold ira assure visit our site. The contribution limits are the same for conventional and Roth IRAs.