The term gold IRA refers to a specialized individual retirement account (IRA) that allows investors to hold gold as a qualified retirement plan. Investors with gold IRAs can hold physical metals such as gold bars or coins as well as securities related to precious metals in their portfolio. Gold IRAs are specialized individual retirement accounts that hold precious metals such as gold, silver, platinum, or palladium. Like traditional IRAs, these accounts typically allow pre-tax contributions and have similar income and contribution limits.
Augusta Precious Metals was named Best Overall by Money Magazine, Most Transparent by Investopedia, A+ by BBB and AAA by Business Consumer Alliance (BCA). Goldco is a precious metals company recommended by major media leaders such as Sean Hannity, Chuck Norris, Ben Stein, and Stew Peters. Birch Gold Group has been active in the precious metals industry for a long time. It was even described as one of the best gold IRA companies available by media figures such as Ben Shapiro.
It is therefore important that investors look for IRA gold companies to select a reputable custodian bank for their retirement savings. Some Gold IRA companies work with specific depositories, so you can easily transfer your investment to these facilities. We’ve rated the websites of Gold IRA companies together with consumer protection organizations Better Business Bureau and Business Consumer Alliance, as well as websites with customer reviews such as TrustPilot. To help you find the right precious metal IRA, we’ve reviewed the best gold IRA companies in the industry.
Some gold IRA companies describe their offerings as diverse because you can hold more than one type of precious metal in them. Mint, the corresponding authority of certain other countries, or named private minting companies can be held in a gold IRA. However, many Gold IRA companies have their own minimum investment requirements that you must meet in order to work with them. We took into account the reputation, transparency, and quality of the online education and resources they offer from each Gold IRA company.
If you’ve decided that a Gold IRA is right for you, you can contact your retirement plan administrator to initiate the rollover, or let the Gold IRA company do a direct rollover between the two companies. Some investors think this is safer, an opinion that gold IRA companies sometimes misleadingly hold. We’ve reviewed more than a dozen Gold IRA companies and identified the best options for investors with different needs and financial sophistication. Gold IRA companies are essentially brokers that sell IRS-approved coins and bars of gold and other precious metals so you can invest a gold IRA.
