The leading Gold IRA companies offer unbiased educational resources, investor information, responsive customer support, and easy account setup. A reputable Gold IRA company will also offer competitive prices. You should avoid those with high IRA fees, even if they offer you a free first year of storage. Our top picks for Gold IRA companies
offer specialized assistance. With
a gold IRA, you can own physical gold bars while taking advantage of the tax benefits of an individual retirement account. However, this particular type of IRA is not an optimal choice for most investors. For example, you won’t find a gold IRA option with any of the largest and most reputable brokerage firms. Goldco is a reputable precious metals dealer that offers products that can help you improve your
retirement strategy.
This company is a leader in the precious metals industry and has received numerous awards and recognitions. We recommend that you call your current IRA custodian to find out the best way to transfer your money to a gold or silver IRA. If you think investing in gold is a worthwhile and manageable risk, you’re likely to find a gold IRA with similar guarantees. The longest step in this process is waiting for your current IRA custodian to transfer money from your account to your new
IRA.
Aside from a relatively high spread on gold bars, the company was the best company when it came to clearly detailing fees on their website. Advantage Gold is a precious metals company that specializes in educating its clients so they can make informed investment decisions. When you want to transfer funds from a 401 (k), 457 (b), 403 (b), or TSP account to a Gold IRA, this process is known as a Gold IRA rollover. Most gold IRA companies will buy back gold or other precious metals that they’ve sold you, but these repurchase programs are typically conducted at a wholesale price, which is around a third cheaper than the selling price
.
While these custodian banks aren’t as widespread, some popular gold IRA companies include Orion Metal Exchange, Oxford Gold Group, Lear Capital, and Goldco. Just because a Gold IRA company offers a buyback program doesn’t mean it’s your best option. To set up a Gold IRA, open an account and buy precious metals from a company like the ones listed here. Gold IRA companies charge relatively low fees, in part because they receive commissions from the custodian bank
they work with.
The IRS has extremely detailed regulations that dictate which coins and bars can be stored in a gold IRA.
