Best Gold IRA Companies
Most people consider the stock market as the best option for investing. What the majority do not know is that it is just one of the many available options. One ideal way to secure both your future and finances is by diversifying your portfolio.
Gold, silver, and other metals can provide you this opportunity.
Investing your money in precious metals, either through personal investment or IRA (individual retirement account), extends your assets for stability – even in a stock market crash. When the stock market crashes, you will only have minor losses if you have made investments in other areas.
Investing in gold companies allows people to diversify their portfolio through investing in gold, silver, bars, palladium coins, and platinum. Some gold investment companies today even provide the opportunity to invest in cryptocurrencies.
These gold investment companies can be a great outlet. Whether you would want to make a significant investment, have gold coins or bars to keep at home, or you would wish to pursue setting up a self-directed IRA.
There are various options of gold investment companies for you to consider. While competition means good business, it can make the determining process difficult when choosing which company offers the best for your needs.
Below are five of the best gold investment companies that you can choose from. These reviews will help you simplify your decision so you can choose the right company that can secure your future.
There are tons of gold investment companies around, but Goldco is one that we highly trust and recommend. The Business Consumer Alliance has rated Goldco a Triple-A rating and rated an A+ by the Better Business Bureau. Being an established gold investment company, there really isn't much for you to worry about when investing in gold or other precious metals with Goldco.
Goldco specializes in Gold and Silver IRAs. Setting up with Goldco will diversify your portfolio and secure your financial future from the highly vulnerable stock market. Without a doubt, precious metals such as gold and silver make an excellent investment. Goldco has remained stable and growing over the years regardless of the stock market performance.
The increasing demand for gold and silver will continue, as they are being used more for new technologies and inventions. Suppose you ever decide to sell your investments upon retirement. In that case, you won't have to worry as much when getting cash for your precious metals. In other types of investment, such as real estate, the process can be much more intricate and time consuming.
Goldco offers gold bars and coins for Gold IRAs. These coins and bars meet the IRS requirements; support in IRA accounts and being 99.5% pure. The gold coins and bars listed below are the options that you can decide to add onto a Gold IRA with Goldco:
As mentioned earlier, Goldco offers Silver IRAs as well. Silver is a highly sought-after metal that offers as many benefits as Gold that may aid investors to widen their investment portfolio for a more secure financial future. Silver may not be as expensive as gold, but this will allow you to increase more to your Precious Metals IRA for a similar price you'd pay to buy just a few gold coins or bars.
Similar to gold, an IRS regulation must be followed to be held in a Silver IRA – silver must be 99.99% pure. The list below are the silver coins and bars that you can choose from to add to your Precious Metals IRA:
Gold and Silver IRA with Goldco provide similar tax benefits to the traditional IRA. You may contribute up to $6,000/year or $7,000 if you are 50 years old and above. With this in mind, you can continue to grow your investments until your retirement. When you are at least 59 1/2, you can withdraw your funds without penalties by this age.
Goldco carries a strong reputation for meeting and personalizing the needs of their customers. They take the values of professionalism, trust, and a healthy approach to their investors' retirement plans. With their newly built facility that is able to store and secure your precious metals, Goldco is designed for individuals aiming for security and accountability. Their $200 annual fee may be higher compared to other companies, but this gives you the pass to see your assets at any time.
Click here to learn more about Goldco.
2. BIRCH GOLD GROUP
Birch Gold Group, since 2013, sells gold, silver, and other precious metals for physical possession or IRA. They are one of the leading gold investment companies in Precious Metals IRAs that aims to educate investors and consumers on turning metals into one long-term investment.
You have the option to put your gold, silver, platinum, and palladium into a retirement plan. Birch Gold Group ensures that your investments will meet the Internal Revenue Service's specific requirement to certify for placement in IRA. You have the choice to expand the holdings in a Precious Metals IRA with investments such as bonds, real estate, mortgages, private businesses, loans, stocks, etc.
Below are the Birch Gold Group process for organizing a Precious Metals IRA:
Gold IRA Custodian: As a broker, Birch Gold Group will help you set up a custodian if your current one isn’t able to facilitate. Birch Gold Group operates with custodial companies such as STRATA Trust Company and Kingdom Trust. Both of these custodial companies possess high ratings with Better Business Bureau.
Sourcing and Buying Precious Metals: Birch Gold Group will assist you in obtaining precious metals for IRA. Keep in mind that IRS (Internal Revenue Service) does not always approve precious metals in an IRA. In this case, Birch Gold will help you choose the suitable investments.
Shipping and Storage: As soon as you purchase the precious metals, Birch Gold Group ships to depositories for secure storage like Brink’s Global Service and Delaware Depository.
Consistent Availability: Birch Gold Group specialists will always make time for you if you have any questions, concerns, or a market update. The company makes communication both a priority and a policy.
Being an opposition to traditional investments, Gold IRAs offer individuals long-term financial security, liquidity, and privacy. One advantage of Gold IRAs is that no financial institution, stock market, and even the government controls the value of these precious metals.
Below are some of the IRA-eligible coins and bars from the Birch Gold Group:
Adding to the IRA-approved precious metals, you can as well purchase these options below for a personal investment with the Birch Gold Group. Here are some of the available gold and other options:
Security during inflation or simply having a diversified investment portfolio – these are just two of the main advantages of investing in Gold IRAs. However, keep in mind that there are risks, like everything else, with any investment. As a wise investor, researching and participating in financial planning can help you make an informed decision. Specialists from Birch Gold Group will aid you in your plans and financial future.
3. REGAL ASSETS
Consider Regal Assets if you are not just looking for precious metals but also cryptocurrencies. Regal Assets is a highly-trusted gold investment company. They are one of the Forbes Finance Council members. They operate together with a dedicated and knowledgeable team of investors to help their clients make smart financial decisions that match their circumstances.
Like the previous companies listed above, Regal Assets offer a selection of precious metals such as gold, silver, platinum, and palladium coins and bars approved by the IRS. Setting up Precious Metals IRA with Regal Assets is made simple. Just fill in the online form and enter the necessary information. You can then select the coins and bars you wish to invest in as soon as the funds are in your account.
Regal Assets can also help investors who wish to roll over an existing retirement account into Precious Metals IRA. Suppose you are uncertain whether you are eligible for a rollover. In that case, you can contact Regal Assets, and they will determine your eligibility.
Below are some of the available gold, silver, platinum, and palladium coins and bars you can put in your portfolio together with Regal Assets:
Regal Asset stands out from other companies by providing the opportunity to invest in cryptocurrencies. Investing in cryptocurrencies is another way for you to expand your portfolio and protect against the ever-changing Stock Market and US dollar. Here are the cryptocurrencies you can invest in at Regal Asset; Bitcoin, Zcash, Tezos, Stellar, Litecoin, and XRP.
In addition to Precious Metals, Regal Assets offers investment packages as well. These packages are made simple and offer price points for pre-selected coins and bars. Below are the different packages available at Regal Asset:
4. AMERICAN HARTFORD GOLD
Excellent customer service
Buyback program reduces liquidation fees
Complete disclosure of costs prior to final sale & client exclusive buyback program
No prices included and lacking information in the online catalog
No special offerings/programs, products on stands, displays, etc.
Based in Los Angeles, California, American Hartford Gold is a gold investment company that assists people in investing in precious metals. American Hartford Gold offers both physical deliveries to your doorstep or inside of a retirement plan such as IRA, TSP, and 401k. They help clients expand their investment portfolio. They assure investors of high-quality gold, silver, and other metals, offering them a 100% satisfaction guarantee and competitive prices.
American Hartford Gold specialists assist investors throughout the buying and selling process. They also deliver customer service, market research, disclosure of costs, and a buyback program.
An online form and a phone number are available on their site if you plan to open a Gold IRA. A specialist from their team will assist you in gathering all the paperwork needed. You may also transfer different retirement savings accounts to their company, such as IRA, 401K, 403B, etc.
You may cash out or take with you the physical metals at the age of 59.5 and above. American Hartford Gold suggests holding the precious metals for at least five years.
American Hartford Gold
Top Investments for Precious Metals IRAs
American Eagle Gold Coin Minted with gold mined in the US; most accessible to buy and sell in the U.S
American Buffalo Gold Coin 24 karat. Purest gold coin from the US. Mint. Trades at a higher value.
Canadian Maple Leaf Gold Coin Gold mined in Canada. At .99999 purity and contains no base metal.
1 oz. Gold Bar Encompasses MintMark SI security feature to hinder counterfeiting.
Valcambi CombiBar Gold or Silver Bar Assembled with breaking points. Can be quartered with 50/20 divisions per ounce.
American Eagle Silver Coin The only silver coin authorized in IRA. With $1 face value, trades higher depending on silver content.
Canadian Maple Leaf Silver Coin 99.99% pure silver. Has face value for transactions but mostly valued higher for investments.
10 oz. Silver Bar .999 pure. Different designs are available from various approved mints.
American Hartford Gold doesn't charge any amount when setting up a Gold IRA or transferring a retirement account to a Precious Metals IRA. They do not have a minimum Gold IRA contribution fee/amount. Also, the shipment is free of charge, which includes tracking and insurance. However, they do not provide any pricing information for maintenance fees on their site.
The precious metals are stored in an IRS approved depository. American Hartford Gold suggests using trusted depositories such as Delaware Depository Service Company, International Depository Services, or Brinks Global Services. There are storage costs to consider, but the fee may vary depending on your metal's value.
Another advantage of American Hartford Gold is that they offer a buyback plan. The buyback plan gives clients the option to sell their precious metals without any fees. American Hartford Gold will handle the shipment of the metals and then issues a payment.
Another gold investment company on our list is Noble Gold. Noble Gold aims to assist their clients in making the wisest financial decisions possible without the hassle that comes with investing. They are also accredited with both the Consumer Affairs and Better Business Bureau, a member of the Royal Canadian Mint, TrustLink, and Business-Consumer Alliance. Noble Gold is a company that carries a good reputation and well-reviewed by their satisfied customers.
Like the gold companies mentioned above, Noble Gold is designed to help their clients have a secured financial future and diversify their portfolios. What makes Noble Gold an excellent option for setting up financial success is that Gold IRAs will receive the same tax breaks that traditional IRAs have.
To set up a new Precious Metals IRA or rollover of an existing retirement account, you may fill out the forms on their website. Once completed, a member of the Noble Gold Company will contact and discuss with you to begin moving funds to the new account.
Noble Gold offers a broad selection of IRS-approved gold, silver, platinum, and palladium coins and bars. The list below are the choices you can choose from
If you would instead invest in precious metals for personal investments, Noble Gold offers rare coins and collections for purchase. Their rare coins are certified by the PCGS (Professional Coin Grading Service) or NGC (Numismatic Guarantee Corporation) and are independently graded. Every rare coin or collection is delivered in a sealed holder to secure it in a sterile condition. Here are a few of the options: Morgan Silver Dollars, Four-Piece Indian – Saint Gauden Set, and 1854 $20 Coin.
Noble Gold also offers Royal Survival Packs. There are different options to choose from, including pre-selected precious metals, designed to meet the preferences of different investors. Below are the available packs to choose from:
When you purchase from Noble Gold, your precious metals will be shipped securely to bring them to your hands as fast as possible. Noble Gold works with many precious metals suppliers, allowing them to offer flexible pricing to their customers. They also have a buyback program if you decide to sell your precious metals back.
Frequently Asked Questions about Gold IRAs
Below are the questions and answers that most new investors pitch when discussing Gold IRAs. You may use them as a guide to get started with your financial retirement plan.
Gold IRA is handled similarly to traditional IRA. The primary difference is that the assets are in the form of physical gold bars or coins and other precious metals. You own the actual assets that constitute your investments in Gold IRA, unlike traditional IRA, in which the deals are in paper assets.
Investing in a Gold IRA is a personal decision. Investors today prefer them over traditional ones since gold holds its value regardless of the stock market performance. Gold IRA remains firm in its value regardless of inflation and fluctuations.
Like every other kind of investment, there are risks to consider. Understanding the pros and cons of Gold IRAs will help you make the right decision. If you think that investing in gold is a risk worth taking, choosing the right gold investment company will help you make the best decision
Gold IRA companies assist you with the purchasing process, storage, and sale of your investments, as well as the roll over of traditional IRAs, 401(k)’s, etc.
Aside from Gold, Gold IRAs also handle other precious metals such as silver, palladium, and platinum. Gold IRAs may keep your investments in either coins or bars. A trusted gold investment company will only provide approved assets with pure standards that meet the standard of the IRS.
Absolutely. Many of those investors that choose a gold IRA are from the funds they had while using a company-managed 401(k) or traditional IRA. Retirees are now switching to gold with their accounts they have with them upon leaving the workforce. Investors opt for Gold IRA as an option to diversify their investment portfolio.
Every Gold investment company has its own minimum investment fee, but today there are companies with just $100 in investments, plus the administrative costs and storage. Research and weigh each company to have the best value for your investment.
Every company has various arrangements for the transfer and storage of precious metals. Some companies offer separate storage spaces, or called segregated storage, for specific investors. In this storage, there is no mixing of metals, allowing investors to arrange a visit independently.
You can take the funds in either cash or by having the actual metals delivered to you, only if you are at the eligible age to start having the disbursements from your account (usually 59 ½). Every company will have its process to follow in requesting withdrawals.