Best Gold IRA Companies

Putting money aside for the future is a smart move, and the sooner you begin, the better. To get an early start, consider choosing a Gold IRA (individual retirement account) to safeguard your financial future.

What’s gold IRA? Do you know how it works?

Gold IRA is a safe investment that lets you keep putting your hard-earned money into stocks of various precious metals, gold-mining companies, real estate, etc., up to your retirement. In short, it promises a tax-free money growth and a tension-free retirement.

In this article, you’re going to learn about the five best gold IRA companies in 2024. We’ll also cover things like the reasons for investment, gold IRA storage, rollover, etc., followed by some frequently asked questions.

In A Hurry? Here’s Our Top 3 Picks Gold IRA Companies!

What Is A Gold IRA?

If you’ve heard about IRA accounts, you know they deal with investing in stocks, funds, bonds, securities, etc., except for gold or any precious metal with monetary value.

However, with gold IRA, you are free to invest in gold and other diverse metals, such as silver, palladium, or platinum. This means you’ll find physical assets to invest in instead of paper assets in a gold IRA account.

Did you know that the top gold IRA agencies offer these specialized accounts, allowing pre-tax contributions and income to the investors?

Well, these reputable and reliable companies can help an interested person open a gold IRA account. Furthermore, you’ll be able to maintain a sustainable and profitable retirement portfolio by investing through this account.

When you invest for your retirement in a gold IRA, you must appoint an agent or custodian to securely store and maintain your precious metals. Note that the storage and maintenance of those valuable metals will be outside your residence.

You’ll be glad to learn that your contributions and gains in a gold IRA account aren’t taxable. What’s more, your contributions to an extent could even be tax-deductible.

If you already have an IRA account, you can switch it to gold IRA by transferring the existing funds. This process is known as an IRA rollover.

In the next segment, we’ll shed light on the reasons behind investing in gold IRA. Read on to learn more.

Why Invest In Gold IRA?

Below we’re sharing four practical reasons behind investing in gold that has passed the test of time:

• Gold shields investment from inflation. When there’s a price hike everywhere, gold’s essential value stays almost the same. Furthermore, gold price increases when the dollar value falls in many cases.
• Gold saves investment from deflation. When you see prices going down, a stable or even higher price of gold helps you stay afloat.
• Whether you keep gold at home or in a bank or storage system, its value will have stable growth.
• Gold offers a diverse investment opportunity. Investing in gold IRA can reduce the risk of price uncertainty.

The Selection Criteria For The Reliable Gold Investing Firms

Before we lean onto the central topic of our article, you must know how we’ve decorated our best gold IRA companies list.

Let’s find out the traits below to be among the top five companies:

• A reliable gold IRA company will charge transparent and reasonable service fees.
• You have to check the goodwill of the organization. Check their customer reviews and accreditation ratings.
• The company should offer setup flexibility. It should provide professional assistance to complete the setup process.
• Check if they offer buybacks at maximum prices.
• Check a company’s portfolio to see if it offers a scope for multiple precious metals investment opportunities.

Comparison Of The Most Popular Gold IRA Agencies

We’re now stepping into the central part of our article; that is the five popular gold IRA firms in 2024. If you’ve read the above criteria carefully, you’ll see that our five top picked companies practice those things we’ve discussed.

So let’s check out the companies below and what they have to offer to your retirement and gold investment plans:

1. Goldco – Best Overall

Goldco happens to be an expert firm in wealth and asset management and security. It’s a private organization that transfers investment assets from the traditional IRA, 401(k), or 403(b) to gold IRA accounts.

If you want to buy gold or silver, Goldco can sell it to you directly apart from their gold IRA services.

Goldco holds an A+ rating by the Better Business Bureau along with over a thousand 5-star ratings by their loyal customers.

Opening An Account With Goldco

1. Start with signing an agreement on the Goldco website to open your IRA account.
2. An expert may contact you upon your signing of the agreement. He or she will walk you through each step of the service procedures.
3. Roll over your assets from your existing compliant account to fund this new gold IRA account. If you’ve never had an IRA retirement account before, just make a fresh start by opening a new gold IRA account with the organization.
4. Once you’ve taken care of the fund in your new gold IRA account, you’re free to choose and purchase from the available precious metals offered by Goldco.

There’s a process of buying gold and coins from Goldco and shifting them to your depository system. If you qualify, you might get a free shipping service from the company for this.

Approved Metals

You’ll be glad to know that Goldco also deals in coins compliant with gold IRA. Below are the gold assets they deal in:

• Gold Bars
• Gold Maple Leaf Coins
• Gold American Eagle Coins
• Gold Freedom And Hope Coins

Apart from gold, if you’re interested, Goldco can offer you some valuable silver assets too:

• Silver Bars
• Silver Maple Leaf Coins
• Silver American Eagle Coins
• Silver Lucky Dragon Coins

You’ll also get 10 percent of your qualified silver purchase back to your account.

So, overall, Goldco is a resourceful and promising gold IRA service company. You can check their website to find out more information before opening an account or transferring assets from an existing one.

Or you can check my Goldco review.

2. Augusta Precious Metals – Best Customer Support

One of the premier service providers in the business, Augusta Precious Metals is the second oldest firm on our list (Est. 2012). It was founded by a talented quarterback, Joe Montana, along with his financial advisors.

You’ll be amazed at its achievement of a thousand plus 5-star ratings since 2012. If that doesn’t inspire confidence, maybe their multiple IRA service awards will.

Opening An Account With Augusta Precious Metals

1. Contact a live agent about guiding you in purchasing gold or silver.
2. Create an IRA account with the assistance of Augusta Precious Metals. Make sure you have a balance of fifty thousand dollars for investment to qualify.
3. Transfer money from your existing IRA account to fund this new account.

Once the account is created, you can order gold or silver from APM’s order desk.

Approved Metals

Augusta Precious Metals deals in gold and silver bullion and coins. You may either buy them for personal use or to fund your IRA account. The available metals you can purchase from Augusta are:

• American Eagle Coins
• Canadian Maple Leaf Coins
• America The Beautiful Coins

So move on with your retirement account and invest in Augusta’s gold IRA to secure your future retirement finance.

Or you can check my Augusta Precious Metals review.

3. American Hartford Gold – Best Low-Risk Investments

American Hartford Gold is a family-owned company that has its headquarters in Los Angeles, California. It has received many good ratings from its customers and various websites and organizations.

Boasting a variety of metal products, they are the perfect company if you want to diversify your investment assets. This is especially the case if you are a beginner, as they are very beginner friendly.

While they may not offer legal or investment advice, they compensate for this by providing you with various features and facilities. These can help you make the right choice when purchasing and liquidating your assets.

Current Promotion: FREE Silver Up To $5,000

As of writing this review, American Hartford Gold is running a special offer you should try and get a hold of. For a limited time, the company offers up to $5,000 for qualified purchases.

Not only can you get a potentially hefty amount of silver, but you can also get three years of no IRA fees. All your storage, maintenance, and transfer fees will be 100% free of charge. Remember that this offer is running for a limited time, so if you want to take advantage of this, you should act fast!

Opening An Account With American Hartford Gold

1. The first step you will need to decide is whether you want to roll over your assets from your existing account or if you want to create one from scratch.
2. American Hartford Gold allows you to roll over the cash from existing accounts to your new ones without fees or taxes.
3. To start your new account, you must talk to their specialists. You can do so by giving them a call. Once you do so, they will help you fill out any paperwork.
4. Within a few days, you can transfer funds to your new account. Once this is done, you can select which metal product you want to invest in. These can be one of the many products that the company offers.
5. You can then decide whether you want to keep the IRA-eligible precious metals in their storage facilities. If you want to bring them home, they will be shipped to you free of cost as long as you are within the United States.

Approved Metals

Here is the list of IRA-approved metal products that you can get from their website.

• Gold Coins
• Gold Bars
• American Eagle Proof
• Gold Valcambi CombiBar
• Silver Coins
• Silver Bars
• Silver Valcambi ComBibar

If this review has helped broaden your horizons on American Hartford Gold, you should contact them as soon as possible. Getting into metal investment is a great choice currently, and doing so with this company is even better.

Or you can check my American Hartford Gold review.

4. Birch Gold Group

We’ll start with one of the oldest gold IRA companies in the business. With its inception back in 2003, the Birch Gold Group has served more than thirteen thousand customers with their precious metal transactions.

No surprise they’ve received so many recognitions and such a huge reputation for providing great services for nearly two decades.

Birch Gold Group has achieved an A+ rating from the Better Business Bureau. Birch Gold Group delightfully serves its customers with a range of precious metals: gold, silver, palladium, and platinum. You’ll get to buy them in bars, coins, and rounds.

Opening An Account With Birch Gold Group

1. Contact a Birch Gold Group agent to open your gold IRA account.
2. Fund your account from an existing IRA account or a rollover.
3. Have your account status reviewed by a specialist in precious metals.
4. Place a purchase order for precious metals from the company’s available list as you prefer.
5. You’ll receive a confirmation of your purchase from your specialist. Afterward, he’ll fill you in with the information on asset storage.

Approved Metals

• Gold Coins, Rounds, And Bars
• Silver Coins, Rounds, And Bars
• Platinum Coins, Rounds, And Bars
• Palladium Coins, Rounds, And Bars

You can take your time to do more research on Birch Gold Group before investing in their available precious metals while planning your retirement finance.

Or you can check my Birch Gold Group review.

5. Noble Gold Investments

Established in 2016, a California-based and relatively newer company, Noble Gold Investments offers skillful services in dealing with precious metals. This firm helps people in opening IRA accounts for retirement with low investment opportunities.

To give you more confidence, let us tell you that Noble Gold Investments holds an A+ rating by BBB (Better Business Bureau) and Consumer Affairs.

Besides, customers’ reliance on this company is reflected through thousands of positive reviews over the last six years. Also, its range of precious metals, including gold, palladium, silver, and platinum give customers wide options.

They facilitate gold storage services through the International Depository Services. The firm also offers rollovers for conveniently transferring your traditional IRA account to gold IRA.

You’ll receive a gold survival pack from Noble Gold Investments securely delivered to you in person. The company also educates its loyal customers through detailed resource materials.

Opening A New Account with Noble Gold

1. Complete an IRA setup form online. You may use the help of an expert from the company to fill out the required answers.
2. A respective team will contact your agent or custodian to complete setting up your account. You may need to complete additional paperwork.
3. Next, you’ll receive an email containing your new gold IRA account number.
4. You’ll have to fund your new IRA account or rollover funds from the existing IRA account to the gold IRA account. You may enjoy a tax-free fund transfer when doing it through one custodian to another.
5. Surf the available investment options offered by Noble Gold Investments to buy the preferred precious metals.

Approved Metals

You can buy the below precious metals through an IRA account or from their website:

• Gold Coins
• Silver Coins
• Palladium Coins
• Platinum Coins
• Other Rare Coins

If you love the review above on the Noble Group, contact them for switching from your existing IRA retirement funding to gold IRA investment.

Or you can check my Noble Gold Investments review.

A Buyer’s Guide On 401(k) To Gold IRA Rollover

If you’re lucky to have opened a gold IRA account with a trustworthy company, the 401(k) to gold IRA will be a breeze. Let’s find out the process step by step below:

• Step 1: (Look for a Gold IRA firm): Search for a dependable gold IRA company that transparently deals in hard precious metals, such as gold, silver, etc. Check their ratings, reviews, and experience.
• Step 2: (Find your SDIRA custodian): Your agent or gold IRA custodian must be set up before the process starts. The custodian will work from start to end while reporting to you and the IRS.
  The custodian will coordinate your purchase and sale of precious metals, including all payments. Make sure your IRA account facilitates an SDRIA or self-directed IRA for taking control of the account regarding physical assets.
• Step 3: (Make your account activated): Activate your account with the gold IRA company so your custodian can start coordinating your purchase of precious metals.
• Step 4: (Initiate the IRA rollover): Start rolling your fund from your existing IRA account over to the new gold IRA rollover account. You can either conduct the rollover yourself or through your custodian.
• Step 5: (Purchase gold through IRA): Contact your custodian now to inform him which precious metal you want to buy. Look through the company’s verified gold products before buying.

Now, you should decide what to put into your precious metals IRA. Make sure you receive all related paperwork from your custodian.

Frequently Asked Questions

Q1: When Should One Invest In Gold?

Investing in gold doesn’t have a definite timeline. The market can shake at any time, and the stock market mostly dominates the value of precious metals. Usually, gold’s value wanes along with the upheaval of the stock market.

You may note a general timeline—specifically, the first quarter of a year. Gold prices are lower around this time, but that’s not an ideal scale.

So if you have a mint to invest, don’t hold back. Buy some gold assets from reliable gold dealers through authentic gold IRA firms.

Q2: How Much Does A Gold IRA Cost?

A moderate to highly experienced gold IRA firm charges fees for their regular services. These include an initial one-time account setup fee of $50-$150, an annual service fee of $50-$250, and an annual depository fee of $50-$300.

These prices vary from account to account, depending on size and services rendered. Most gold IRAs don’t charge commissions, rather they might add a ‘markup’ to the asset’s actual value to gain a transactional fee.

Q3: Should I Buy Gold Coins Or Bullion?

Gold coins and bullion are two widespread options in gold IRA investment. And both have the same essential value. Sovereign gold coins like Canadian Maple Leaf, American Eagle, etc., sell easily at a higher price.

whereas, bullion or bars are hard to resell once purchased. Their markup prices are higher and not suited to individual buyers.

However, having a gold IRA account may allow you buybacks, and you can sell your bullion at a reasonable price back to the firm.

Q4: Are There Any Additional Gold IRA Firms You Would Suggest Besides These Top 5 Companies Above?

Yes, there are! Here are the rest of the gold IRA agencies you can check out below:

• Oxford Gold Group
• Rosland Gold Group
• Advantage Gold
• Lear Capital
• Gold Alliance
• Orion Metal Exchange
• Monetary Gold
• Patriot Gold Group
• JM Bullion
• Red Rock Secured
• Preserve Gold Group
• American Bullion

Wrapping Up

So, now you know about the best gold IRA companies in 2023. And the five best service providers we’ve related with ensuring the best services.

You know how unpredictable the world economy is. That’s why we emphasize your gold IRA funding so that you learn how to purchase and utilize gold and other precious metals.

Hence, don’t neglect to consult a precious metal specialist or financial advisor. And a reliable gold IRA company can provide you with just the resources and guidelines you need to ace your retirement plan.