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Protect Your Wealth and Retirement Savings
Review of the 5 Best Gold IRA Companies in 2022
#1: Goldco - Most Trustworthy, Best Advisors & Best Prices
Goldco is certainly the top choice for most gold IRA investors. It is by far considered the best gold IRA company amongst them. Founded in 2006, Goldco has remained the industry leader earning the trust of investors and the public.
With its stable industry reputation, Goldco has earned a Triple A rating granted by the Business Consumer Alliance® along with a consistent A+ rating with the Better Business Bureau®. Goldco has also earned excellent reviews from its customers and continues to maintain most of the market share.
As its top specialty, Goldco assists customers in setting up a new precious metals IRA. They also help investors transfer their current retirement accounts into a gold IRA. They truly make it simple for people of all investment levels to create or roll over a gold IRA. This is why they continue to receive customer referrals and outstanding reviews.
Part of Goldco's mission is to inform investors of the importance of setting up a gold or precious metals IRA. The company emphasizes the protection these types of IRAs provide against the fluctuations of the stock market and inflation. Their IRA specialists impart knowledge to their customers about the potential for stock market crashes and collapsing economies worldwide.
Goldco provides investors with both gold and silver IRAs backed by coins and bars. Similar to traditional IRAs, gold and silver IRAs provide a solution for growing a wealthy retirement account. They also provide investors all the tax benefits a normal IRA would without having to invest in stocks.
On their website, Goldco has a section for investors where you can start to create or roll over an IRA from the comfort of your home. Simply fill out a basic application to begin the process. You'll be asked how you would like to fund the new IRA account, and Goldco's expert team oversees the transfer to create the new or rollover account.
Once your initial investment is transferred into your new IRA managed by Goldco, you will be able to choose the gold and silver bars and coins that you wish to be made part of your new IRA account.
You don't need to worry about choosing the best investment option on your own. An expert IRA specialist at Goldco will guide you every step of the way and answer all your questions. They work closely with each client to ensure their investment choice is being made most beneficially.
At Goldco, their team members provide vital advice to their customers to ensure the new gold and silver IRAs are set up for significant growth. The company is current with all IRS regulations that can impact investors. The IRS requires that all IRAs follow federal regulations. These include not allowing all gold and silver assets to be held in an IRA. Gold bars and coins must be 99.5% pure or greater while silver bars and coins must be at least 99.9% pure.
Goldco offers a diverse selection of gold and silver bars and coins, which are all IRS-approved. When selecting to work with this company, you are sure to have no problem finding a wide selection of gold and silver products to ensure your IRA has a bright start.
Available IRA eligible Goldco products include:
A great resource offered by Goldco is their free self-directed IRA investment guide. Within the document, you will learn all the basics about setting up a new gold IRA. Once you are ready to learn more about gold IRAs and Goldco, you can easily access their guide by requesting it on their website.
#2: Augusta Precious Metals - Best Educational Resources
Another big player in the industry is the well-established Augusta Precious Metals. It is a company that has been around since 2012 and has gained popularity in the precious metals IRA industry. With a solid reputation, Augusta Precious Metals is considered a leader amongst investors.
The company's expert team provides excellent service to investors looking to create new IRA accounts including rollovers from existing assets. With a consultative approach, Augusta Precious Metals offers helpful advice to their clients. They are dedicated to making the process as simple as possible by doing 95% of the legwork for you.
Augusta Precious Metals is on a mission to make sure that all of its customers are set up for financial success. Their team strives to take all worries from their clients by offering comprehensive advice and answering all of their questions. It is no wonder the company enjoys plenty of excellent reviews from its customers.
In addition to having great feedback from customers, Augusta Precious Metals has also earned various industry accolades. They have a Triple A rating from the Business Consumer Alliance®, the highest rating from TrustLink®, and an A+ rating from the Better Business Bureau®.
Partnered with gold and silver IRA custodian companies has helped Augusta Precious Metals become one of the most sought-after companies by investors. With the assistance of gold and silver IRA custodian companies such as Kingdom Trust, Equity Trust, and GoldStar Trust Company, you won't have to investigate much further when wondering where to take your investments.
When you speak to one of Augusta Precious Metals' IRA specialists, you will quickly know if you are eligible to use an existing retirement account as a rollover.
Soon after one of their team members helps you fund your new account and you have worked with an IRA custodian, you will be able to select your precious metal products. The company allows you to choose from IRA-eligible gold or silver coins to add to your account. They follow all IRS regulations ensuring all gold and silver products have the required purity percentage. Gold coins are at least 99.5% pure and silver coins are at least 99.9% pure.
Available IRA eligible products provided by Augusta Precious Metals include:
To ensure top security for their clients, Augusta Precious Metals provides various safe storage options. All precious metals IRAs including gold IRAs must be stored in an IRS-approved facility. The whole value of your account is held under a full insurance policy. With secure storage facilities all over the country, their customers have extensive options.
The company covers most major metropolitan areas in states including California, New York, Delaware, Utah, North Dakota, Massachusetts, and more. In addition to precious metals IRAs, you can also purchase other personal investments from their selection of gold and silver products. Augusta Precious Metals has a vast selection of premium gold and silver, gold and silver bullion, and other items all available for shipment directly to your location.
#3: Birch Gold Group – Best Customer Service
When working with Birch Gold Group, you will have the confidence of working with a team of professionals collected from high-profile backgrounds. Their experts come from notable companies such as IBM and Citigroup. They have the knowledge and experience to assist investors of all levels to achieve the most ambitious financial goals.
With a dedication to making their customers financially successful, the team at Birch Gold Group makes themselves available for ongoing support. The key to their success is working with each individual in a more in-depth capacity to guide them through every financial decision. When choosing this team for your precious metals IRA investments, you will have prompt answers to all your questions and understand the variables that affect your financial wellbeing.
The company enjoys high praise from its customers and industry experts. They have earned excellent reviews and continue to work from referrals. Along with their commitment to superior customer support, their business practices exceed industry standards. It is no wonder they have earned a AAA rating from the Business Consumer Alliance® and an A+ rating from the Better Business Bureau®.
Both business and personal investors feel they can count on a company like Birch Gold Group. The company makes it simple for businesses and individuals to set up new precious metals IRAs or roll over existing investment accounts. Transferring existing accounts is an easy process by having a full-service website where you can begin the process.
On their website, you will be able to gather important facts about their products and connect to one of their precious metals IRA specialists. The first step you will complete deals with the funding of your new account. You will have the option to wire money from a bank account to set up a new IRA.
If you have an existing investment account and would like to roll over the funds, Birch Gold Group will assist you in setting up the transfer through a precious metals IRA custodian. The company works with STRATA Trust and Equity Trust to facilitate this process. These two custodian companies are well established and have an A+ rating from the Better Business Bureau®.
After you complete this initial funding and Birch Gold Group receives all the funds into your new IRA account, you will be ready to choose your precious metals. During this step, you will browse through a wide selection of products including gold, silver, platinum, and palladium bars and coins. Your selection is held in your secure account and is guaranteed to be compliant with the standard IRS requirements.
The company follows all IRS regulations for your IRA account. These regulations require that gold products are at least 99.5% pure, silver 99.9% pure, palladium 99.95% pure, and platinum 99.95% pure.
Below are Birch Gold Group's IRA eligible products which include:
Platinum & Palladium
For your peace of mind, Birch Gold Group gives you the option to choose from two different IRS-approved storage solutions. Your precious metals IRA can be stored in Brink's Global Services or the Delaware Depository. Each facility provides maximum security and insurance for your precious metals account.
They are both excellent choices where you can be certain your precious metals will be protected when you are ready to cash them in, even if it is far into the future. It is a safe way to invest in gold, silver, platinum, and palladium to grow your retirement account.
For your personal investment needs, purchasing gold, silver, platinum, or palladium is a smart choice. Birch Gold Group works with individuals of all investment levels and creates a roadmap you can follow to grow your financial portfolio. You can acquire any of their IRA-approved gold bars and coins as a direct investment.
In addition to their traditional precious metal products, Birch Gold Group also offers unique products. These include the Walking Liberty Half Dollar Coin, the Peace Silver Dollar, the Saint-Gaudens Double Eagle $20 Coin, and the Liberty Head Double Eagle $20 Coin.
Once you are ready to get started, you will be able to request Birch Gold Group's information kit at no cost. This informative guide will help you determine if this is the right company for you. The data included in the kit was created to help investors of all levels gain essential knowledge about precious metals investments.
Within the kit, you will find answers to various questions about precious metals IRAs and the setup process. You will learn about the benefits of investing in gold, silver, platinum, and palladium products. In addition, you will browse through a brief catalog of some of their precious metal bars and coins.
#4: Regal Assets – Most Diversified, Best for Gold & Crypto
Another notable gold IRA company is Regal Assets. It is a well-established organization that is a member of the Forbes Finance Council. The company also ranked in the 20th position of the INC 500's financial services category.
When choosing this company for your investments, you will have access to an expert financial team made up of experienced investment advisors. Regal Assets was founded by Tyler Gallagher who believed all investors should be guided by the expert knowledge of the top financial advisors in the industry. His mission is to provide simplicity in the ever-evolving investment arena.
The company differentiates itself from its competitors by offering various precious metals IRA options. Investors can set up new IRA accounts or transfer existing retirement plans. One of their most sought-after options is their traditional Precious Metals IRA.
This type of precious metals IRA account can hold gold, silver, platinum, and palladium bars and coins. All of their products are compliant with IRS regulations for purity. The requirements include 99.5% purity for gold, 99.9% for silver, and 99.95% for platinum and palladium.
With a large selection to choose from in their catalog, Regal Assets provides investors options including:
Platinum & Palladium
In addition to precious metals, Regal Assets provides other IRA options that integrate Cryptocurrency. You can invest in Ethereum, Bitcoin, and many other digital currencies that make your portfolio even more diversified.
A notable credit to Regal Assets is that they were the first company in the industry to achieve a cryptocurrency trading license. This pioneering deed places Regal Assets as one of the most trusted organizations for digital currency investments.
If that weren't enough, Regal Assets also offers their investors a Regal IRA™. This account is a special IRA that allows investors to hold both precious metals and cryptocurrencies in a single account. It is a great option for diversification while protecting your assets for years to come.
If you are interested in other investments besides IRA accounts, Regal Assets offers different investment packages that include pre-selected precious metals and/or cryptocurrencies. By choosing these packages, investors can easily grow an emergency fund or reach other financial goals. These packages can hold a value from $5,000 to $250,000.
#5: Noble Gold – Lowest Startup Capital
You will be impressed by Noble Gold when considering the various companies to work with for your gold IRA account. The company is operated by president and CEO Collin Plume. He is dedicated to providing a team that delivers expert advice and is interested in each client.
Their goal is for all of their customers to know what financial decisions will ensure their future is bright. You will be guided to make sound investment decisions without dealing with pushy salespeople. The team practices a consultative approach with each client to gain their trust and provide the most beneficial guidance.
Each client receives individualized attention to address all of their needs and concerns. Customers boast about the personal engagement and caring service they receive when working with Noble Gold. This is reflected in the company's reviews along with other recognition.
As an accredited business with the Consumer Affairs Alliance and the Better Business Bureau, Noble Gold also holds a membership with the TrustLink Business-Consumer Alliance. Their expert team helps investors set up a new IRA account or transfer a rollover account.
Their gold or silver IRAs are easy to create with a simple form on their website. Once you fill out the form, a Noble Gold IRA specialist will discuss the funding process of your account. After your account is funded, you can select a variety of precious metals products.
Available on Noble Gold's catalog are items such as IRS-approved gold, silver, platinum, and palladium bars and coins. Their selection includes products such as:
Platinum & Palladium
To learn more about working with Noble Gold, you may visit their website and obtain a free gold IRA Guide. It will assist you in learning about their financial products as well as the precious metals they offer. You'll learn why investing in precious metals is such a good choice when it comes to planning your retirement.
Noble Gold's free gold IRA Guide provides information about the steps you'll take when opening a new IRA or rolling over an existing retirement account. You'll find more information about the company and why it may be a good fit for you. The guide also lists some of the various gold, silver, platinum, and palladium bars and coins available for an IRA account.
Finding a Reliable Gold IRA Company
There are plenty of options when it comes to gold IRA companies. Choosing which one to go for can be complicated sometime. Below are a few key criterias for you to begin with:
You should only select a company that's been around for a while to avoid falling into any shady business. They should also be highly accredited by objective 3rd parties such as BBB®, BCA® and Trustlink®.
These should indicate that they are very likely to be trust worthy companies that you should feel confident giving your business to.
You should understand all your costs up front before your investment to avoid from any nasty hidden charges afterwards. We highly recommend to only go for those charging flat annual fees rather than a percentage portion of your account value, for both the admin & storage fees.
Legitimate gold IRA companies should have all the appropriate and required licenses, registrations, insurance and bonds to protect your investment. You may ask for verification of those licenses and other information before dealing with them.
Precious Metals Selection
You can purchase either bullion bars or coins in your IRA, or even both as long as they're investment grade precious metals that are approved by IRS.
Different companies provide different type of precious metals pieces. Some only focus on gold & silver, while others have extra options of platinum & paladium. Some even provide crypto as an investment vehicle in your IRA.
All your precious metals investment should be held in a fully insured and secured storage facility, at least before you reach age 59½.
You should never go for any of the home or self-storage IRA arrangement. Due to its materials financial risk to the IRA’s owner, they have not been approved or recognized by the IRS.
It can really cost you additional money and time to go and dig up a reliable gold IRA company on your own. Fortunately, we can save you from all the hassles with our countless hours of in-depth editorial researches.
If you’ve decided to go for a precious metals IRA, why not give our #1 recommendation a try? You can get a 100% FREE Investors Kit on their site for more details, so it's practically 'risk-free' for you.
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Frequently Asked Questions
An IRA account is a tax deferred account and as such it is important to hire the services of an approved custodian. It is the custodian's job to ensure that you abide by all the rules and regulations laid down by the IRS.
A gold IRA is a self-directed IRA which means you have flexibility when choosing the types of investments you want to hold in the account. Non-self-directed IRAs usually hold traditional investments such as stocks and bonds. Holding precious metals in an IRA allows investors to diversify their portfolios to have a more stable financial future, protected from the fluctuations of the market. Stock market crashes and economic crises won't be significant when investments are held as precious metals.
Yes. However, it needs to be with a past employer. If you are 59 years and above you also automatically qualify for an account roll over.
Opening and investing in a gold IRA account is quite easy. First you need to open a self directed IRA with the help of approved custodian or alternatively you can covert or roll over existing retirement accounts into an IRA account.
Once your account has been opened it needs to be funded before you can start using it. Afterwards, you can start purchasing gold from a trusted dealer.
Gold prices commonly move in the opposite direction of paper assets. This means that holding gold in an IRA protects you against inflation. It is the reason why precious metals are considered to be a very safe investment, especially for the long term. Thus, Gold IRAs are one of the smartest choices for retirement accounts.
The rollover process is extremely quick and simple. You may transfer your current retirement account to a gold IRA by following basic steps. By working with a precious metals advisor and IRA liaison, you will have the paperwork necessary to easily complete the process. The process takes approximately one to three weeks.
No. All contributions need to be in cash unless it is a direct deposit or a roll over account. You can however use the funds available in your IRA account to purchase precious metals and gold.
Yes. There are no restrictions to the type of metals that you can have on your account . You can have Platinum, Palladium, Silver, or any combination of the three. Under normal circumstances it is recommended that you do not put more than 10% of your funds into alternative metals.
Yes. You will be allowed to convert your gold account back and forth between physical gold form and liquid cash. However some amount of the physical gold may be required to be liquidized to pay taxes or you can pay the taxes from alternative personal accounts. It is however important to consider the tax implications for cash and non cash transactions.
Yes. There are no restrictions on the type of gold you can include in your account . You can have bullion, coins and bars. You can also invest in alternative sections of the gold industry such as stocks, ETF and shares in gold mining companies all this through you IRA account.
Yes. Be it real estate or commodity investment such as oil, gas, or other commodities. All types of investments can be included in your IRA gold account.
Yes. There are no restrictions on the number of IRA accounts that you may establish.
Yes, you can transfer or rollover your existing IRA to gold backed IRA and vice versa.
Yes. You can transfer or rollover partial amount or the entire value of your existing IRAs. It is not required to convert the entire amount so if this is what you prefer it is acceptable.
The amount you should hold in gold investments depends on various factors such as your age, financial status, and personal goals. People who are of retirement age will more likely want to invest in low-risk accounts and may opt for holding gold investments in a smaller portion of their portfolio.
In contrast, young investors usually don't mind taking bigger risks and may want to hold gold investments in a larger portion of their portfolio.
No. Most U.S. financial institutions do not charge fees to transfer accounts or move investments from one account to another.
Yes, but this will depend on the company that you choose for the rollover. Companies that charge a flat annual fee are better than companies that will charge scaled charges. Flat annual fees ensure that you are not overcharged in future as your IRA account grows. Some companies may even have discounts for the first year.
No. Not until you are 59 and half years of age. At this time your gold will be stored in IRS approved deposit account under your name.
There are many ways in which you can invest in gold. One way is to buy gold bars or coins from a reputable source such as a gold investment company. You may hold the coins until they appreciate enough for you to cash them in and use the money for various expenses.
Another way to invest in gold is to set up a gold IRA. It is a great way to appreciate your gold without having many tax implications.
The value of gold coins increases proportionately with the increase of the value of gold. In other words, the current market value of gold will determine the coin's value, not necessarily what is printed on the coin.
Investors benefit more when they purchase gold at a lower value. This happens when the stock market is overperforming, making the value of gold lower. There are also certain months throughout the year when gold has a lower value such as January, March, and April.