Key Steps to take Before Signing Up with a Gold IRA Company
Whether you are setting up a new gold IRA account or rollover an existing traditional IRA, 401(k) or 403b to physical gold, you need to carefully review all the precious metals companies before making that big decision.
Our goal is to bring to you the most up-to-date and honest review for each top gold IRA company online.
Below is a table of comparison for a quick glance through all the popular companies. If you are in a hurry, click here to find out who is our #1 recommendation and why.
|BBB Rating||A+ (0 Complaints)|
|BCA Rating||AAA (1 Complaints)|
|Ripoff Report||0 Complaint|
|Storage Fees||$150 per year (flat-rate)|
|Our Reviews||Regal Assets Review|
|BBB Rating||A (3 Complaints)||A+ (14 Complaints)|
|BCA Rating||A (16 Complaints)||BBB (0 Complaints)|
|Ripoff Report||4 Complaints||1 Complaint|
|Our Reviews||Rosland Capital Review||Blanchard Gold Review|
Why Invest in Precious Metals IRA?
If you are like many people who have been investing in the stock market over the last decade, you have probably seen significant changes in the size of your IRA or other investment accounts. It is no surprise that many people lost money as a result of the recent recession, but people who had invested in gold or other precious metals within their IRA did not suffer nearly as much.
There has always been a certain stigma attached to investing in gold, and some newer investors believe that investing in precious metals is a waste of time. However, these act as a natural hedge against huge fluctuations in the stock market, making them an important part of a balanced portfolio or IRA.
What Is A Precious Metals IRA Custodian?
More and more people are purchasing silver jewelry, coins, and bullion these days as a way to take advantage of the price changes in silver, but more often than not, that is not the best way to invest in any kind of precious metal. The same also can be said for gold, though purchasing gold is obviously considerably more expensive and more volatile.
A custodian is a company that will buy and sell physical silver, gold, and other precious metals on your behalf and store those metals which makes them eligible for inclusion in a 401(k) or IRA. You can setup a gold or silver IRA with them. This is the only way that you can purchase precious metals to hedge against inflation and allow these investments to grow without being taxed.
How Can You Choose The Best Gold IRA Company?
It is important to keep in mind that not every brokerage or investment company is going to be capable of buying and selling precious metals on your behalf. Though they may enable you to buy ETF’s or mutual funds that trade in line with the price of silver, gold, and other precious metals, this is not the same as owning physical gold.
It is extremely important that you research any gold IRA company before placing your investment, and one question that you may want to ask them is whether or not your purchases are going to be co-mingled. In the case of gold, it is essential that your gold is segregated from other gold owners, but silver is commonly not segregated. Ideally, any precious metals that you purchase should be kept in segregated storage to ensure that it is safe and does not get damaged. Fully segregated precious metals also ensures that selling these will be much simpler.
Is It Worth Reading Our Precious Metals IRA Reviews?
One thing that you do need to be particularly careful of is choosing the right gold, IRA, or precious metal custodian. Not all of these companies are as legitimate or upright is you would like them to be, and there are certainly stories of people who have thought they were investing in gold, only to find out that they do not own any gold at all.
In other words, is essential that you take the time to read our precious metal IRA companies reviews before you make an investment, and of course never invest a large amount of money without doing proper research.
Can You Trust Our Online Gold IRA Reviews?
Because you and your family are probably depending on the value of your IRA in the long term, it is certainly extremely important that you never invest more than you can rest in your IRA. Although there may be the possibility to make large amounts of money from investing in gold, there is also an enormous amount of risk.
Therefore we have thoroughly researched and keep updating our reviews from time to time to ensure that you can make the most informed decision. And of course, nothing beat picking up the phone and call the company directly. From there, you can speak to their specialist and understand more on their companies services and fees.
Our Top Recommendation – Regal Assets
When evaluating any gold IRA companies, there are a few factors that you should keep in mind, not least of which is what their annual IRA storage fees and administration fees are going to be. In many cases, depending on the size of your investment, these fees could potentially outweigh the gains that you make on your IRA. So, make sure that you factor in these fees before you open an account.
Regal Assets came across as the only companies that charge flat fees for setting up a new IRA account, rollover and precious metals storage. If you are investing more than $50k, definitely this is your number 1 choice to go to.
There are a few companies online right now that are very experienced at helping people to invest in gold, silver, and platinum within their IRAs. Regal Assets would be one of the most well-known companies, and one that has been able to help many people make use of this kind of investment easily affordable.
Their customer service is one of the top-notch with BBB A+ rating, and 5 star reviews from TrustLink. They have also been recently featured in Forbes and Inc. magazine, being rated as top #20 USA financial companies.
For more information, you can read our full review here or call to speak to their specialist at 1-855-790-7611. For a free gold IRA investing guide from Regal Assets, click on the link below: