Best Gold IRA Companies Reviews
It is really important to do your due diligence when researching companies to buy precious metals from and setup a Gold IRA. Before I decided to invest, I’ve spent months researching different companies, before deciding to rollover my existing account. This review can literally save your months in research. If you don’t have 15 minutes to spare, you can download the free Gold IRA Guide at Regal Assets website (the company I chose).
After years of smart financial decisions and saving, it is painful to watch your retirement funds wash away with the price fluctuations of stocks, bonds, and real estate. I know several people who have lost the majority of their retirement funds to bursting asset bubbles. These risks can be mitigated with a diverse investment portfolio, but the fear of losing years of hard-earned money due to factors beyond your control still looms overhead.
I made the decision to purchase from one specific company and I will tell you all about the research leading up to that decision in this follow up review. I’ve reviewed over 50 of the biggest companies and analyzed them based on a variety of key factors which led me to the decision to trust Regal Assets.
Here are some of the key factors I’ve used:
- Customer Service
After spending months researching the top gold IRA companies & custodians, I came up with this list of the best ones. The following list contains company reviews, fees, storage policy and more.
Top Rated Gold IRA Companies for 2017
|RANK||COMPANY||BBB RATING||# OF TRUSTLINK REVIEWS AND RATING||ANNUAL FEES||MINIMUM INVESTMENT||OUR REVIEW|
|1||Regal Assets |
|A+||969||1st year waived||$5,000||Full Review|
|A+||196||Flat Fees||$5,000||Full Review|
|3||JM Bullion||A-||0 -||$190||$100||Full Review|
|4||uDirect IRA Services||A+||40||$275||N/A||Full Review|
|5||Rosland Capital||A||64||Depends on deposit amount||N/A||Full Review|
|6||Capital Gold Group||A+||198||$75||N/A||Full Review|
|7||Birch Gold Group||A+||49||$160||N/A||Full Review|
|10||Apmex||A+||1||Depends on deposit amount||$5,000||Full Review|
|11||Monex||A+||40||$360+ per year|
#1 Regal Assets – Overall Best Company
- #1 Rated Gold Company for 7 Years in a Row
- 100% Customer Satisfaction
- ZERO Negative Reviews
- Own Storage
- #20 Ranked by INC. 500
- Featured in: Forbes, INC 500, Market Watch, Smart Money, Bloomberg, The Street, Reuters
- BCA – AAA rating
- BBB – A+ Rating
- Trustlink – 969 Reviews (5 Stars)
- Buyback Policy – 7 Days
- Official Website: www.RegalAssets.com
One of the biggest names in the 401k IRA rollover business is Regal Assets. They are well known for being safe, secure, dependable, fair, and trustworthy. If you want a quick snapshot of the reliability of a company you can always turn to the Better Business Bureau(BBB). You can also go to BCA and see they have a perfect score. There you can see a list of open and closed complaints against a company. Regal had none since they were founded…
They are one of the few companies that received a 5 star rating on the site without any negative comments. People who are Regal Assets clients are always happy they trusted them.
#2 Advantage Gold
- Dedicated to educating their clients
- BCA: A Rating – 0 Complaints in the last three years
- BBB: A Rating – 0 Complaints in the last twelve months
- TRUSTLINK – 151 Reviews (5/5 Stars)
- TRUSTPILOT – 41 Reviews (9.4/10)
- Fully Insured Storage
- Member of ICTA (The Industry Council for Tangible Assets)
- Official Website: AdvantageGold.com
Advantage Gold is a fairly new company, but have already managed to build a respectable name for themselves. They specialize in first time buyers, customer support and asset preservation. Similar to Regal, they specialize in rolling over IRA accounts to gold or precious metal IRA’s. However, they are more suited towards new clients who might not be as familiar with 401k rollovers.
Advantage Gold LLC pledges to help their clients learn as much as possible when converting their IRA accounts. They offer great support and assistance.
Advantage Gold is accredited with the BBB and have an A+, 5 star rating with them. There has been 1 complaint in the last three years prior to writing this review and that complaint was promptly closed. This means that the issue the complainant reported was resolved to their satisfaction.
They also have a five star rating with Trustlink. Being a newer company, their overall number of reviews is much smaller. Even so, everything said by customers so far is completely positive. They are quickly becoming well known for their customer service experience.
A lot of their business comes from first time buyers and they are carving a name for themselves in this niche. They walk their clients through the IRA rollover process keeping them up updated on everything. You can read more in our Advantage Gold Review.
There are many companies with pushy sales tactics to They don’t try to sell you metals that you don’t need. They know what you want and need, helping you to accomplish just that. They will help you understand your available options and make educated choices.
Advantage strives to attract new investors by offering a free Gold Investment Kit. It is an comprehensive educational packet that covers everything from: history of gold IRAs, benefits and information about the storage process. It is proving to be a great resource for those who are new to the world of investing.
Advantage offers so much assistance and information that they are often referred to as one of the best investment advisers. If you are looking for the best company that will help you understand the buying process, then they are one of the options you should definitely consider.
Things to Consider When Choosing a Top Rated Gold IRA Company
The companies you are considering, must be able to deliver good results despite market volatility. The situation in the market should not determine your investment outcome. Customer service must be a primary concern since you want the company to guide you when taking your existing 401K and making financial decisions. Moreover, you should determine if other clients are satisfied with the company’s service.
#2. Fees and Policies
Before you choose a company, you should be aware of any policies and fees that will be applied to your account. You must understand what you are being offered. Does the investment strategy suit your specific needs? Does the company charge any unnecessary fees? In the beginning, this may seem a bit confusing. The company you choose to work with should make the investment process easier by having people available to guide you through the rollover process and provide you with exceptional customer service.
#3. Flexibility and History
The IRA custodian should provide you with various investment options and their policies must suit your specific needs and situation. You want to work with a company with market experience that is known for their steady and smart investments that grow. This is especially important if you are not an experienced investor. Opening a gold retirement plan is a good investment strategy as gold offers long-term stability and it serves as a hedge against inflation for your retirement savings.
#4. Buyback Program
When you’re ready to liquidate your gold or other precious metals, you must have someone available to buy them back fast and easy. You don’t want to miss out on potential gains. These gains can be lost if you have to wait several days to liquidate your assets. The company should offer a buyback program allowing you to resell metals at the current metal spot price. Regal Assets has a 7-day withdraw policy – if they miss the deadline, they will send you a Silver American Eagle Coin.
#5. Storage Safety
One important factory to consider, that is mostly overlooked, when choosing a gold IRA investment company, is storage safety. You want to be sure that the company offers several storage locations, nationally and overseas. The company of your choice should offer segregated storage options. Segregated storage means you get a section in the vault for your precious metals. That means your metals will not be combined with other people’s metals. That means you can get easy access when you need to liquidate your precious metals quickly. Don’t overlook storage safety and quick access, when choosing a gold investment company.
Click here to read our comprehensive Regal Assets Review.
Gold IRA Review – FAQ
Before you decide for a gold IRA company, you should inform yourself about the rollover process, the market for gold, and terminology. For your convenience, I have provided thorough answers to some common questions.
What is a Gold IRA?
A gold IRA is known as a self-directed IRA, it is very similar to a traditional retirement account, the only difference being that instead of paper assets it holds IRA approved physical bullion bars or coins. Precious metals are held in custody for the IRA account owner by their gold IRA custodians (Trustees) – either in their own storage or third party metal depositories.Most of the time the dominant metal held in an account is gold, hence the name.
Precious Metals must be stored in the possession of a certified custodian or trustee. They are never kept in the possession of the IRA owner. It may be stored by a bank, a loan association, or a certified company. It is up to the account owner to choose where it is purchased from and where it is stored.
When talking about the 401k rollover this can refer to a company that sells the bullion or the company where it is stored. For the sake of clarity, all of the companies mentioned in this review sell bars and bullion, some also store them as well.
What Is a Gold IRA Company?
A gold IRA company is a financial firm that uses gold and other precious metals to create individual retirement accounts for savers. My gold IRA company, Regal Assets, specializes in physical gold bullions, but you may also invest in firms related to the gold industry.
How Safe Is a Gold IRA?
Gold is rather speculative and volatile during times of economic expansion, but it is often viewed as a source of safety during recessions and times of financial uncertainty. Because of this, the law of demand causes the value of gold to rise during economic downturns.
You may be wondering why you should put a volatile asset in your IRA. This is a valid concern, but gold’s tendency to rise during recessions is a great reason to store it in a retirement account. As long as you do not sell gold assets when they are undervalued during an economic expansion, rolling a portion of your funds over to gold is a safe practice.
How to Invest in Gold
There are numerous ways to invest in gold, but the most popular methods are through a mutual fund or an ETF. Some people prefer these methods over physical gold because it is easier to transfer the investments to cash, but they are quite risky during economic swings. Mutual funds and exchange-traded funds that track gold can easily be added to both traditional and Roth IRAs, and they have fewer transaction fees and insurance requirements than physical gold.
To further diversify my gold portfolio, I have branched out to the stocks of mining companies and other firms related to the precious metal industry. This can be a great way to bolster your IRA with gold investments that offer dividends. You should keep in mind that gold IRAs can only contain actual gold, so gold-based stocks must go into a normal IRA. These options also do not offer adequate protection against inflation and volatility during recessions.
How to Invest in Physical Gold
If you find yourself attracted to the idea of purchasing home-storage gold bars and coins for your IRA, take a moment to think about the pros and cons. In the event of a total economic collapse, physical gold can prove to be an incredibly valuable asset. In a situation where the social and financial institutions are in turmoil, wealth stored in gold will grow with the levels of inflation and uncertainty. Physical gold could help you avoid financial ruin.
Before you decide that you will heavily invest in home-storage gold, you should take note that a complete financial collapse has not occurred in the United States since the 19th century. The costs of converting physical gold to currency are also quite high. While it may go against conventional wisdom to buy a warehouse of gold ingots, you can benefit from owning a portfolio of gold assets in an IRA.
To purchase physical gold, you simply need to consult an educated adviser. This is the safest and most cost-effective way to purchase physical gold. I am skeptical of the recent home-storage physical gold options that are frequently advertised due to IRS penalties. Working with a trustworthy company will keep you and your investments out of trouble.
What is a Gold IRA Rollover?
Usually a 401k to gold IRA rollover is a process that allows you to transfer some or all funds from an existing traditional or Roth IRA to a gold IRA. As I mentioned earlier, a gold backed IRA is simply a retirement account that contains physical gold coins and bars.
To roll your assets over to precious metals IRA, you will remove funds from an individual retirement account to purchase precious metals from a gold IRA company. After the gold is purchased, the current market value of your gold assets will be credited to your new IRA account.
When done correctly – completely tax free.
Which Precious Metals Are IRA Approved?
IRS only approves selected precious metals and some forms of bullion that can be stored with IRA’s which include:
What Is The Minimum Investment?
With Regal Assets, the minimum is $10,000 for retirement accounts and $5,000 for cash deals.
Advantage Gold has no minimum, but they highly advise not to invest anything less than $5,000.
How to Open a Gold IRA Account
After you have made the final decision to open an account, create an account with a high-rated and trusted company like Regal Assets or Advantage Gold. When you arrive on their account-creation page, complete the form with your name and contact information. After this, you will designate beneficiaries and provide current custodian information.
Gold IRA Scams
There are some scams out there… that are anxiously waiting to sell you precious metals, only to STEAL anywhere from 30% to 50% right of the bat! Without you even realizing it!
The bad news is… this is happening EVERY SINGLE DAY to hundreds if not thousands of unsavvy gold investors… You have certainly seen the innocent-looking ads around the internet, lurking to get your click, only to steal what is not theirs in the first place!!
The good news is… We connected with the people at Gold Conspiracy and now you can educate yourself, so you don’t fall into the same trap!
Here is what you are going to learn in this FREE PDF:
- The PROOF that gold is still the best safety net against inflation, government spending and other “attacks” on your retirement
- Show you how to easily rollover your current retirement account in gold – TAX FREE
- Keep your retirement safe in a off-shore location
- The EVIL gold conspiracy that already got a few gold companies shut down
- And Much Much more…
Which is the best IRA company for your 401k rollover?
Now that you took the time to read our top precious metals IRA review, it is time to make a decision. Choosing the best IRA company that will reliably protect your retirement savings should be of utmost importance. Whether you are experienced or brand new to gold investments, our recommendation based on: Transparency, Storage fees, History, Customer support and satisfaction is Regal Assets.
Now, more than any other time in history, it’s critical to protect your retirement savings. The government can tap into you individual retirement account at any time and wipe it out, in order to help in paying back some of the U.S. debt deficit.
This is important to know if your 401(k) or Individual Retirement Account (IRA) is backed by flat currencies like mutual funds or paper money. This type of investment can place you at serious risk of losing everything you’ve worked and saved for. With the current government shutdown freezing the national budget, it’s only a matter of time before inflation hits and starts impacting your retirement accounts because of their vulnerability to certain economic conditions.
- 1 Best Gold IRA Companies Reviews
- 1.1 Top Rated Gold IRA Companies for 2017
- 1.2 #1 Regal Assets – Overall Best Company
- 1.3 #2 Advantage Gold
- 1.4 Things to Consider When Choosing a Top Rated Gold IRA Company
- 1.5 Gold IRA Review – FAQ
- 188.8.131.52 What is a Gold IRA?
- 184.108.40.206 What Is a Gold IRA Company?
- 220.127.116.11 How Safe Is a Gold IRA?
- 18.104.22.168 How to Invest in Gold
- 22.214.171.124 How to Invest in Physical Gold
- 126.96.36.199 What is a Gold IRA Rollover?
- 188.8.131.52 Which Precious Metals Are IRA Approved?
- 184.108.40.206 What Is The Minimum Investment?
- 220.127.116.11 How to Open a Gold IRA Account
- 18.104.22.168 Gold IRA Scams
- 1.6 Which is the best IRA company for your 401k rollover?