When determining the Top Gold IRA Company, the following factors were taken into consideration:
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Customer Reviews
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Consumer Website Ratings
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Set Up Fees
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Storage Fees
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Investment Options
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Buy Back Policy
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Time in Business
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Storage Options
2019's Best Gold IRA Companies
Editor's Choice
Better Business Bureau
A+ Rating
Trustlink.com
1060 Reviews
5 Star Rating
Storage
USA
Singapore
Crypto IRA
Option
Bitcoin + 9
Minimum
Investment
$10,000
Editor's Choice
Better Business Bureau
A+ Rating
Trustlink.com
40 Reviews
5 Star Rating
Storage
USA
Only
Crypto IRA
Option
N/A
Minimum
Investment
$10,000
Top Rated
Better Business Bureau
A+ Rating
Trustlink.com
153 Reviews
5 Star Rating
Storage
USA
Only
Crypto IRA
Option
N/A
Minimum
Investment
N/A
Top Rated
Better Business Bureau
A+ Rating
Trustlink.com
118 Reviews
5 Star Rating
Storage
USA
Only
Crypto IRA
Option
N/A
Minimum
Investment
N/A
Editor's Choice
A+ Rating
5 Star Rating
USA
Singapore
Option
Bitcoin + 9
Investment
$10,000
Editor's Choice
A+ Rating
40 Reviews
5 Star Rating
USA
Only
Option
N/A
Investment
$10,000
Top Rated
A+ Rating
5 Star Rating
USA
Only
Option
N/A
Investment
N/A
Top Rated
A+ Rating
5 Star Rating
USA
Only
Option
N/A
Investment
N/A
Recently Added Bullion Dealers
Best Online Precious Metals Dealers
In a word, YES, you can hold precious metals in your retirement account.
With the passing of the Taxpayer Relief Act in 1997, the IRS allows investors to own approved Gold, Silver, Platinum and Palladium bullion in a self directed retirement account.
The setup of a Gold IRA must be handled in accordance of IRS rules and regulations by authorized gold investment companies. You may either open a self directed physical precious metals IRA outright, do a transfer or rollover funds from an existing 401k, SEP, TSP, 403b, etc into your new account.
Transfer: If you have an existing IRA, you can “transfer” funds directly from your current custodian to the new gold investment companies custodian. The government requires that the disbursement check must be made out to the new custodian or trustee. You do not take possession of the funds and can do a transfer as often as you like.
Rollover: If you receive a distribution from a retirement account and move the funds to a Gold IRA custodian, this would be considered a rollover. To avoid IRS taxes and penalties, the transfer must be made within 60 day window. You are allowed to rollover the same funds once in twelve months to keep your retirement account tax deferred.
Some of the approved coins you can buy from gold investment companies consist of :
Gold:
- American Gold Eagle
- American Gold Eagle
- Canadian Gold Maple Leaf
- Austrian Gold Philharmonic
- Australian Kangaroo/Nugget
- Chinese Gold Panda
- American Gold Buffalo uncirculated coins
Silver:
- American Silver Eagle
- American Silver Eagle
- Mexican Libertad
- Canadian Silver Maple Leaf
- Austrian Silver Philharmonic
- Australian Silver Kookaburra
- Chinese Silver Panda
Platinum:
- American Platinum Eagle
- American Platinum Eagle
- Australian Platinum Koala
- Australian Platinum Emperor Penguin
- Canadian Platinum Maple Leaf
Palladium:
- Canadian Palladium Maple Leaf
Note: Other bars and rounds are permitted and all bullion must meet with IRS issued requirements of fineness. The best gold investment companies can help you choose the right precious metals for your needs.
Proponents of owning physical gold cite that the gleaming yellow metal is a scarce commodity and has no counterparty risk. Its value is inherent.
Benefits in owning physical Gold:
- Portfolio diversification
- Hedge against a down economy
- No credit risk
- Outperformed fiat currencies
- Liquid asset
- Opportunity for gains
Our analysis shows that adding 2%, 5% or 10% in gold over the past decade to the average pension fund portfolio would have resulted in higher risk-adjusted returns.
Gold Statistics:
- Worldwide demand for investment gold has increased an average 18% since year 2000.
- Gold has had comparatively good returns compared to other investment assets.
- World banks and billionaires are accumulating physical gold while major countries are “reacquiring” what they own.
- Gold is a proven portfolio diversifier.
- Gold holds value as fiat currencies like the US dollar fall in value.
- The Fed continues the dollar devaluation while the US government can’t stop its endless borrowing and spending policies.
Billionaires John Paulson, Thomas Kaplan, Paul Tudor Jones, Eric Mindich and Carlos Slim all own a lot of gold purchased from gold investment companies. Do they know something we don’t?
Combine Fed Policy, the federal deficit and federal government spending, many experts believe that eventually, something has to give. A financial day of reckoning if you will. Whether it be a dollar collapse, hyper inflation or something else, they like the peace of mind knowing that not all of their assets are dollar based.
Based on customer reviews, consumer website ratings, services and rates, Regal Assets stands above the rest of the Gold Investment Companies.
Regal Assets offers physical precious metals and Cryptocurrency individual retirement accounts with very competitive, flat fee rates including “setup and administrative fees waived” for the first year. You can even combine gold, silver, palladium, platinum with Bitcoin Ethereum and more into an IRA. None of the other gold investment companies you can buy from offer that.
The firm provides segregated, privately insured storage and has an offshore option in Singapore, for those who want keep their assets further out of the reach.
Regal Assets History:
- 2009: Doors open
- 2010: BBB A+ rating
- 2012: Celebrity endorsements
- 2013: Joins Inc 500
- 2016: Featured in Forbes magazine
- 2017: Cryptos offered
- 2018: Member Forbes Financial council
- 2019: Franck Muller Crypto watches offered
From Regal Assets: “Regal Assets is dedicated to providing outstanding customer service to our clients and we are proud to say we have a 99.9% client satisfaction rating.”
Very professional and extremely helpful staff! Christian, Leah, and Jannette all made my life easy reallocating my IRA into crypto. They made the transition so seamless and quick that I was able to buy on a big dip! Thanks guys 😀
Christian made the whole process of my Rollover smooth & simple. He made sure that I was informed every step of the way. Great customer service is just that easy. Thank you!
Just wanted to take a minute to let everyone know my experience at Regal Assets was a good one. This is the third time I have used their service and each time they ensure I understood the process. They made the whole process easy and I will be dealing with them again.
Best Gold IRA Investment Company links:
There are multiple gold investment companies online for consumers to choose from. The most popular types of gold investments are detailed below.
Gold IRAs: A Gold IRA is simply a self directed Individual Retirement Account that let’s you purchase physical gold for your retirement portfolio. If you have an existing IRA or 401k, you can move the funds into a Gold IRA with absolutely no tax ramifications or penalties. Gold Investment Companies can easily facilitate the transaction for you.
There are a few things to consider when choosing a Gold Investment company or Gold IRA firm to deal with. Always make sure that the firm is highly rated with the Better Business Bureau, with few if any customer complaints and no reported government actions. Another important requisite for a trusted precious metals company is the quality and quantity of reviews on independent consumer rating sites.
Online Investment Gold: One of the most popular and convenient ways to own gold is buying through gold investment companies. When purchasing bullion, expect to pay a fee over the spot gold price. Government issued investment grade coins have a face value but their true value is determined by their gold content. Accredited manufacturers provide investment grade bars that are available for sale as well.
An investor can choose to have the precious metal delivered to them from gold investment companies or arrange for secure vault storage. Holding physical gold bars and coins in professional storage avoids the need for transportation, home storage and even assaying when you decide to sell.
Gold ETFs: Exchange Traded Funds or ETCs (Exchange Traded Commodities) are a relatively easy way for investors to own gold without having to worry about handling and storing physical gold. Physical gold ETFs shares can be purchased similarly to stock shares, with the price generally tracking the gold spot price.
Gold Futures: These are financial contracts where a buyer and seller agree to trade an asset at a prearranged future date and price. Gold futures let traders go long or short on the metal, trading on regulated exchanges.
Gold Mining Stocks: Investors can choose from over 300 publicly listed gold mining firms from which to buy shares. There are more factors than the price of gold that affect the return and growth of a gold mining stock. These include expected future earnings, management, production and exploration costs etc. The value of these stocks range from micro-caps to companies valued in the billions.
If you are trusting your hard earned investment or retirement funds to gold investment companies, you want to make sure that firm is a trusted and reliable source. The gold investment firm should provide a physical office address (no PO box), email contact and phone number with office hours.
Questions to Consider Before Opening a Gold IRA with Gold Investment Companies:
Fees for Buying and Selling Precious Metals:
As with any financial product purchase, you should know about any commissions, transaction fees or purchase premiums involved when buying from online gold investment companies. These fees will vary from firm to firm and if are not stated on their website, you may have to ask their representative.
For the most part, lower premiums will be charged on larger bars compared to coins. Similarly, fees for selling your precious metals holdings would be lower compared to coins, etc.
Other Fees:
There can be other costs when investing with online gold investment companies, including ongoing management, storage, delivery, insurance, administration fees and even currency exchange. These fees vary from product and dealer and are often figured as a percentage of your precious metals account holdings.
Consult with your tax adviser, but any gains from your gold investments could be taxed with capital gains or income tax like your other investments.
Storage fees differ as well and are based on the products you invest in. Vault or segregated storage will be more expensive and a preferred method by serious investors. Costs for pool allocated precious metals will be lower.
What is a Gold IRA Account?
A Gold IRA Account is a self directed Individual Retirement Account that holds physical precious metals instead of paper assets. The IRS approved gold and silver bullion are stored on behalf of the account owner in a secure location. A Gold IRA account opened per IRS rules and regulations lets you transfer or rollover funds from an existing SEP, TSP, 403b, 401k etc. into your new Gold IRA account.
Can I Buy Gold With My 401k?
There a couple of ways to buy gold with your 401k. 1) You transfer funds from your current IRA custodian to the gold IRA custodian. 2) If you’ve already received a distribution from your 401k, you can “rollover” your funds to the new custodian. Either option requires the help of a Gold IRA Company.
Is it the Right Time to Buy Gold?
The best time to buy gold is before it rallies into a bull market. As of today, The price of Gold goes up when there is a significant lack of confidence in the central bank, US government and the dollar. E.g. quantitative easing, the national debt and fiat currencies that don’t last forever. Gold, today, is reaching for $1500 an ounce. Billionaire Paul Tudor Jones has said that Gold will be the best investment for the next few yearsWe hope that this information will help you choose among the top gold investment companies online.