Best Gold IRA Companies

The benefits of a gold IRA are endless. In fact, many people have switched from traditional IRAs to self-directed gold IRAs in the last few years because they want more control over their retirement savings and investments. However, it can be challenging to find the best company for your needs if you don’t know what questions to ask yourself before making a decision. That’s why we created this guide on everything you need to know about Gold IRAs so that you can make an informed decision when choosing which company is right for you!

Top-Rated Gold IRA Investment Companies 2021

Please select one of the best-rated gold IRA investment companies below to learn more about their offerings

4 Best Gold IRA Investment Company Reviews

Four gold IRA companies made our list for most fair and best overall investor satisfaction. They are Goldco, Augusta Precious Metals, Birch Gold Group and Regal Assets.

We’ve reviewed  the top gold investment companies based on the main comparison points across this industry as a whole – with full transparency, highlighting the fine print. We discovered that important information regarding the companies is often missing or difficult to find. We’ve done the research for you.

Get valuable information about the best Gold IRA company and advantages of gold investing by reading below for some valuable takeaways.

Gold IRA Quick Tips

• You should only buy approved precious metals for your IRA, always avoid numismatics and collectibles
• Pick an IRS-approved depository to store your gold and other precious metals
• Choose a Gold IRA company that offers low or no fees to avoid bleeding of money
• You should understand the spot price of gold and other precious metals and how much over spot you’re paying
• Get a few Gold IRA starter kits before picking an investment company

Top 4 Gold IRA Custodians in the United States of America

3 Simple Rules of Gold IRA

What is a Gold IRA?

A gold IRA is a self-directed individual retirement account that holds gold or other precious metals. Unlike other retirement accounts, a gold IRA is backed by actual gold. Apart from this vital difference, a gold-backed IRA is not much different from a standard or Roth IRA.

With a gold IRA, you don’t have to hold onto the precious metal yourself – it’s stored in a secure depository.

If you are interested in gold investments, it’s essential to research the advantages and disadvantages of gold IRAs.

For instance, some people feel safer investing in a tangible asset like gold, which is not as susceptible to inflation or other economic forces that can affect the value of stocks. A Gold IRA is also an excellent way for investors who are new to self-directed retirement accounts to get started with valuable metals. The flipside of this is that gold’s value can fluctuate when stocks are growing.

How Does a Gold IRA Work?

Gold IRAs function similar to traditional retirement accounts, but instead of investing in stocks, bonds, or mutual funds, you have to invest in gold and other precious metals like silver, platinum, and palladium. Many people start a gold IRA with $10,000 or more, but gold IRA investment companies also sell smaller minimum increments of gold bullion and coins so that you can start investing with as little as $500.

There’s more involved in setting up a gold IRA account than just buying the gold. First, you need to find a custodian for your account and set up an IRA Individual Retirement Account (IRA). Then, you can start investing in precious metals by purchasing bullion or coins from a reputable dealer.

Potential custodians include credit unions, banks, loan associations, trust companies, or other organizations with federal or state approval.

The IRS also lets you hold in E-Gold or, in some cases, a self-directed IRA with no custodian.

The IRS requires you to keep the gold bullion and coins inside an insured bank vault, approved depository, or safe deposit box at all times unless it’s being traded for other securities. You’ll need to ask your dealer about their storage policies before using them.

How to Start a Gold IRA?

A gold IRA has been one of the most popular retirement investment options over the past decade. Investing in a gold IRA can give you so many benefits, from diversifying your portfolio to building your wealth and security for retirement. But how do you start a gold IRA? We’ll walk through all the steps here and outline why investing in a gold IRAs is such an attractive option.

Starting a Gold IRA is very simple. You can either rollover a current retirement account into a gold IRA, or you can convert a 401k, Roth IRA, SEP, 403b, TSP, Annuity or Pension Plan.

A Gold IRA or a Precious Metals IRA is a form of self-directed IRA.

It’s unlikely that your current employer will allow you to transfer funds into a gold IRA account. However, after you leave your employer, you will have the option of rolling over a 401k to an IRA without any penalty.

To invest in gold in your self-directed IRA, an expert investment advisor will assist you through the paperwork, then guide you through the process of choosing metals and selecting an insured 3rd party depository.

Total time needed: 30 minutes

Total Cost: $0 to $300

Tools Required:

• A Computer
• A Phone
• An Email Address

Information Needed:

Account information of your pre-existing IRA, 401k, Roth IRA, Traditional IRA, SEP, TSP, 403b, Annuities, Pension Plans

Steps to Start a Gold IRA:

1. Fill out your Gold IRA Application Form: Apply for a gold IRA with your preferred Gold IRA company to open your account. Click Here to Apply Now
2. Fund Your IRA Account: Choose how you would like to fund your new gold IRA account. Remember, you can do a 401k to gold IRA rollover.
3. Choose Your Precious Metals: Start investing in all of of the precious metals. We recommend diversifying your assets by including silver, platinum, and palladium.

How We Chose the Best Gold IRA Companies?

Informative:

Gold IRAs are not easy to understand. There is a lot of legal jargon surrounding this financial product, and the distinctions between what’s allowed and prohibited with an IRA can be hard to discern. With that in mind, we’ve found companies who help make high-quality information about these accounts accessible for you; some provide info on all aspects of Gold IRAs while others have resources focused more narrowly around their strengths, but they’re nonetheless helpful.

Trustworthy Marketing Tactics:

It’s no secret that many companies try to lure investors with the promise of easy and quick profits. They often use unsettling headlines on their websites, or even threaten economic disaster around the corner in order to make a sale. But we only included those gold IRA investment companies who employ more thoughtful sales approaches– so you don’t have be taken for an expensive ride!

Reputable:

We looked for companies with a history of service and good reputation. In a market where scams are prevalent, it is important to eliminate companies with unclear origins or negative reviews from reputable news organizations.

Our Top-Rated Pick

All of the gold companies we reviewed are trusted and respected options to help you set up a Precious Metals IRA or invest in gold, silver, platinum, or palladium. However, we had to select Goldco as our top-rated pick because we like a lot of things about them.

Firstly they are a top-rated company with the Better Business Bureau and have an A+ rating from the Business Consumer Alliance. Goldco makes it easy to set up or rollover your Precious Metals IRA; their team members are very knowledgeable and helpful, so you can be sure that if any questions come up at all, they’ll address them for you right away.

They offer a wide selection of IRS-approved gold and silver coins as well as bars that you can add to your IRA. Investing in gold with Goldco can help diversify your portfolio, protect against drops in the stock market.

Goldco is the best investment company for your retirement. Visit their website today to request a free Self-Directed IRA guide or sign up with them and get started on securing your future!

Frequently Asked Questions about Gold IRAs

Is a Gold IRA a good investment?

Gold is often seen as a safe haven with the potential to hedge against inflation. However, gold IRA’s come at higher fees and are only in one asset class – putting your eggs all into this basket could be risky if you’re not careful!

Why should I invest in Gold IRA?

Gold IRAs are the perfect investment tool for people who want to diversify their holdings but don’t have time or interest in trading stocks.

Gold IRA investors can enjoy a steady return and peace of mind that comes with knowing your assets will never be worth zero dollars, even if you choose not to sell it at any point during this financial downturn.

What do gold IRA companies do?

A reputable gold IRA company can assist with all aspects from purchasing and storage through sale as well as rolling over traditional IRAs, 401(k)’s, and eligible retirement fund account assets into an IRA invested in precious metals such as platinum coins.

Do Gold IRAs only handle gold?

Gold IRA is also known as Precious Metals IRA. This is beacuse the companies also offer investments in silver, platinum, or palladium so you may want to look into those as well. A reputable gold IRAcompany will only offer approved assets with purity standards that meet the requirements of the IRS.

What is a 401k to Gold IRA Rollover?

A Gold IRA Rollover involves an existing retirement plan, such as a 401k from your employer, that you can ‘roll’ into another IRA when you leave to take a different job.

Gold IRA Rollover is possible under following conditions:

• Your employer provided retirement plan is changed
• Your employer provided retirement changes their custodian
• You quit your job

Can I do a gold IRA Rollover?

Yes. In fact, many people choose to do a gold IRA rollover because they want an investment with easy liquidity. A Gold IRA Rollover is when your current retirement account provider transfers some of the funds from that account into a new one – this means it’s easy for you to start investing in something different while still having access to all those other investments as well. The majority of those who open a gold IRA do so with funds retrieved from their traditional IRAs or 401(k)s. Retirees are also making the switch to gold IRAs.. Many investors choose to transfer just a portion of their existing IRA or 401(k) to a gold IRA as a way to diversify their retirement portfolio.

How much do I need to get started?

Every gold IRA company has a different minimum investment amount, but you can open an account with just $100 in investments plus any applicable storage and administrative costs. Fees will vary by company so do your research before investing to get the best value possible for your dollar.

Can I see my precious metals in person?

In order to ensure that each investor’s valuables are stored in an individualized manner, many gold IRA management companies offer “segregated storage.” This is where the company treats one person’s holdings as completely separate from another person’s holdings with no mixing of metals allowed between them, and it also allows individuals who have their own specific metal assets a chance for visits by arranging ahead of time which ones they want access to at any given moment. Contact your gold IRA management group if you would like more information on how this can work best for you or what type of visitations might be available!

How can I get my gold?

If you’re reaching the age (usually 59 ½ ) when it might make sense to start taking distributions from your IRA account, you can choose to receive cash value or take physical possession of the precious metals. (Remember that you have to start taking payments at 70 ½, if you haven’t already). Each company has their own procedure for withdrawing funds, which may be subject to IRS penalties or taxes – the same as cash.

When is the best time to buy gold?

You want to purchase it when it’s at its lowest price. While this isn’t always easy, there are a few signs that can help you know if now is good timing for an investment in precious metals. Typically, as stocks drop and the market falls with them – so does prices of things like gold or silver typically rise before they too take a dive (meaning any purchases made beforehand would be wise). If you’re able to get your hands on some great deals before Wall Street crashes again then go ahead and invest!

In order to predict when the prices of gold are going to increase, you need knowledge about how markets work. This includes understanding what stocks and futures do on a daily basis. Learning these skills can help with your decision process for buying or selling precious metals like gold, silver, platinum and palladium.

What percentage of my portfolio should I hold in gold?

Experts advise that gold investments should vary depending on your comfort level with different types of investment and how close you are to retirement. For those closer to retirement, experts suggest not making riskier investments as they’re less likely to have the time necessary for them pay off. However, if it’s years away from retiring or just starting out in their careers – some people feel more comfortable taking a bigger risk when investing money into gold since there is much longer until they retire.

Who is the best company to buy gold from?

The best company to buy gold from all depends on your needs. Do you want to make a cash purchase or do an IRA rollover? We recommend doing research with the gold IRA companies’ information available on this page, but also encourage you to find out more about what is right for you before choosing anything!

Can I hold physical gold in my IRA?

Yes! It is know as Gold or a precious metals IRA. To put IRA funds into gold, you need to find a gold IRA company that is both willing and able to do the transactions.

Precious metals held in a self-directed IRA must be stored with an authenticated third party to maintain the integrity of your assets.

How long does it take to transfer my existing 401k  or IRA to a gold IRA?

This varies based on which company you choose to do the transfer. The average time is between 30-90 days. It is recommended to call different companies for clarification.

Why You Should Have 5-20% of Your IRA Allocated Toward Gold & Silver

Investing in gold and silver has been a popular way to protect your wealth for centuries. Gold is the ultimate safe haven, an asset that retains its value during times of global uncertainty. It also provides protection against declining dollar and money printing, as well as hedges against inflation and deflation.

Gold and silver IRA companies have become increasingly popular among investors looking to diversify their retirement portfolio with precious metals assets.

Hedge against the declining dollar and money printing policies

It is proven historically that any decline in the value of dollar correlates with an increase in the value of precious metals. Governments who print money, devalue their currency and manipulate interest rates will eventually see a declining dollar as it starts to decrease their buying power.

Gold is also well-known for being one of the most effective hedges against inflation and deflation – when prices are rising rapidly or falling quickly, gold gives your portfolio added protection in case the dollar falls too.

Safe haven in times of economical, financial and geopolitical turmoil

Gold is also called as “crisis commodity” because people all over the world move towards its relative safety when tensions between the superpowers rises. While central banks and governments respond to crisis by printing more money, gold does not respond to the same stimuli.

This is because it has been used as a store of value for centuries and will continue to be one in uncertain times. Gold provides safety from any impending economic turmoil – caused by events such as wars or natural disasters – that could upend your retirement plans if you had only invested in stocks and bonds.

Hedge against inflation and deflation

It is also proven historically that gold not only moves positively during inflation but also hold up against deflation. During inflation, the price of gold will increase. When deflation begins, the price of gold will remain stable while the prices of other goods decline

Gold has a very low correlation to stocks and bonds (which is what most traditional IRAs are invested in) which means that for investors who want to diversify their portfolios with an asset class that provides some protection against economic turmoil – even though they might not be well informed about it – gold can provide a hedge against inflation and deflation.

Supply and demand fundamentals

Gold has a lot of commercial uses in different industries like electronics, medicine, high-technology, jewelry and so on. Thus, the demand for gold is very high – as it’s in such a wide range of products that are used everyday by different industries.

These commercial users need to buy gold and will always have an interest in increasing their holdings of the precious metal while at the same time they’ll also be interested in investing into new gold mining operations.

The high demand for gold and interest in new mines means that there will always be a supply of the commodity on hand – which is why it’s considered to be such an attractive investment. As long as this continues, then prices should continue increasing over time due to its relative scarcity.

Store of Value

The value of gold can never be zero as there is inherent material value in it. Gold is a scarce resource and there are not many ways to increase its supply – which means that in comparison with more plentiful resources such as copper or iron, gold will always have value due to the fact that if you want something made from these materials then you’ll need one of them. At no point during the last hundreds of years has the price of gold gone to zero, and it will not in the future either.

Portfolio Diversification and Protection

As mentioned earlier, historically gold has had a negative correlation to stocks, bonds, dollar and commodities. It is important to have a diverse portfolio of assets in order to maximize the risk-return profile that suits one’s needs and minimize risks associated with any single asset class so gold can be an excellent addition for this diversification as well.

Many successful investors will tell that when it comes to investing you should not put all your eggs in the same basket. This means that you should diversify your investment portfolio and not put all of the money into one type of asset. Investing in gold and other precious metals such as silver, platinum, and palladium can help diversify your investment portfolio.