Gold IRA Companies
Welcome to this page, which is dedicated to providing you with relevant and up-to-date information concerning precious metal investment by way of a gold IRA, and the gold ira companies that provide the service.
What You Will Find On This Page
We have compiled an extensive list of information for you to use as support for your investigating the best options when it comes to rolling over your IRA or 401(k) and finding an appropriate gold ira company to help you set your account up for your retirement. We do make recommendations of precious metals companies we suggest are the best gold IRA companies to provide you with an ira rollover. However, we simply make recommendations, and we do advise you to research companies further before making your final decision.
Table of Content.
The following are the various points we cover on this page concerning precious metal investments by way of an IRA, and you can click on any of the points to be taken directly to that subject if you don’t want to scroll down the page.
- Who Are the Best Gold IRA Companies in 2021?
- Gold IRA Company Reviews
- Gold IRA Rollover – The Facts
- The Benefits & Pitfalls of Transferring Your 401(k) / IRA To Gold
- The Different Account Types That Can Be Rolled Into A Gold IRA
- Gold IRA Companies Summary
Who Are The Best Gold IRA Companies in 2021?
We have taken a look at the various gold ira companies out there and compiled a list of what we think are the best gold ira companies for 2021. We have done this based on the criteria of seven key points. We appreciate these seven points may not be what everyone looks for when looking at gold ira companies, but using these particular points, enables us to get a general overview of all the companies.
- The BBB rating and the number of complaints that have been registered in the last 3 years.
- Their Business Consumer Alliance rating.
- Their Trustlink rating which is determined by the number of reviews and score they get out of 5 from previous customers.
- Whether they provide an IRA facility or just sell precious metals
- The fees they charge.
- The quality of customer service
- Whether they use a 3rd party Custodians
Best Overall Service
- Low Yearly Fees $180
- The only gold company with zero complaints since 2012
- Great Education
- A+ Rating with BBB
Best Customer Service
- Low Yearly Fees
- Promotional offer- Get Up to 10% Back In FREE SILVER
- Min Investment $25,000
- A+ Rating with BBB
Lowest Min Investment
- Low Yearly Fees
- Fees waived on investment/transfers of $50,000+
- Min Investment $10,000
- A+ Rating with BBB
Best Metals Selection
- Low Yearly Fees From Year 2+
- Have Own IRA, with Crypto investment as well
- Min Investment $10,000
- Highest level of positive reviews
Best Gold IRA Company Reviews
Augusta Precious Metals Review
As we mentioned earlier, we have compiled our list of top gold ira companies on the level of customer service shown through the number of reviews and lack of complaints a company gets. So when we were told directly by one of the Augusta Precious Metals team that they are the only company within the precious metals and IRA niche that have not received a complaint, since 2012 we had to investigate.
Augusta Precious Metals Customer Reviews
They have a Better Business Bureau score of A+ and a customer reviews score of 4.97/5 from 87 customers with zero complaints.
With Trustlink they have a rating of 4.9 stars out of 5 from 275 customer reviews, with zero complaints.
On their Google My Business profile, they have 173 reviews at the time of writing this, from customers and again zero complaints.
With The Business Consumer Alliance, they have a company rating of Triple-A, and 5 stars from 70 reviews, and no complaints.
They have a 4.9/5 rating with Consumer Affairs and no complaints.
And finally, on their Facebook page, they have a 4.8/5 score from 66 people and no complaints.
In fact we typed ‘Augusta Precious Metals complaints’ into Google and found none. So that claim made to us was correct. And it is based on that, that we make them our top gold IRA company because along with that and the lifetime customer support they provide, they are a very good company to deal with.
Augusta Precious Metals has been in operation as we have already mentioned, since 2012. The company is based in Casper WY with a satellite office in Beverly Hills, California, and was started by Isaac Nuriani. Setting up your gold ira account with Augusta is very simple, in fact, they say it only takes 15 minutes to get started in setting up your Gold IRA with them with 3 simple steps. and they do most of the paperwork for you, making the process a lot easier.
You will see from all their marketing material, that NFL Hall of Fame Quarterback Joe Montana is their spokesman. In fact, Joe is more than a spokesman or brand ambassador, he is a customer too.
Gold IRA Fees
Augusta Precious Metals offer four different packages, each one relates to how much you wish to invest into your Gold IRA.
The first package is what they refer to as their Bronze Club, which starts with an investment of $50,000. If you are looking to invest anywhere between $50,000 to $200,000 in gold and silver, then there is a one-time application fee of $50 plus an $80 per year IRA fee, and finally, a $100 per year insured Secure Depository fee. Making the total fees $230 for the first year. From year two onwards the fees are $180.
The second package Augusta Precious Metals offer is what is known as their Silver Club. If you are looking to invest anywhere betwee$200,000 to $500,000 in a gold IRA, then the fees are the same as with the Bronze club, but Augusta will reimburse you each year for the first three years by adding silver to your Depository account. This means they will offset the cost of your fees, for the first three years.
The third package they offer is their Gold package. This is for anyone looking to invest $500,000 to a million dollars in gold and silver. With the Gold package, your fees are reimbursed annually with silver for the first five years.
They do offer the opportunity for you to have all your fees page for the next ten years, and that is available to people who enter their Millionaires Club, by investing over 1 million in precious metals.
According to the IRS regulations, silver and gold for a Precious Metals IRA has to be stored in an IRS-approved facility. The official Augusta Precious Metals website lists the various storage facilities you can choose from.
Each of the storage facilities listed offers state-of-the-art security and insurance to ensure that your investment is adequately protected. You also have the option to choose either segregated or non-segregated storage. You can also personally inspect your silver and gold holdings at the depository.
Once you have purchased gold and/or silver for your Precious Metals IRA, Augusta will then take care of sending your items to the secure depository you have selected. You aren’t charged any management fees and both shipping and insurance are included for free.
The secure depositories are located in:
- Jackson, Ohio
- Bridgewater, Massachusetts
- South Fargo, North Dakota
- Las Vegas, Nevada
- Los Angeles, California
- Salt Lake City, Utah
- Nampa, Idaho
- Wilmington, Delaware
- New York City, New York
- New Castle, Delaware
What Makes Augusta Stand Out From Other Gold IRA Companies?
Augusta has a unique one-on-one approach. If you are serious about investing in precious metals, the company will even put together a personalized presentation and educational webinar just for you, which will be run by Devlyn Steele their director of education and on-staff Harvard-trained economist. Devlyn will spend however long you want, with you on your webinar, answering every question you may have. We don’t know of any other Gold IRA company that goes to that extent to help educate you so you are comfortable and happy before making your decision.
So if you are considering investing in a precious metals IRA, it does seem that Augusta is a good place to start, to ensure you are making the right decision before signing any agreement.
Minimum investment levels:
$50 Account Setup Fee (One-Time)
$80 Account Maintenance Fee (Annual)
$100 Storage Fee (Annual)
Overall we are impressed with what Augusta Precious Metals provide their clients by way of a personalized presentation, and ongoing support and education. And the fact they have zero complaints against them is very impressive.
Their minimum investment is higher than others, so if you are not looking to invest over $50,000 then the likes of Goldco or Birch Gold, for example, will be better options.
As one of the leading gold IRA companies, Goldco has achieved a rating of A+ from the Better Business Bureau, as well as Triple-A rating from the Business Consumer Alliance, and 4.8/5 on Trustlink based on 253 reviews at the time of writing this review.
Goldco is an established Gold IRA company, having been in operation since 2006. They specialize in Gold and Silver IRA’s also known as precious metals ira. the process of setting up your gold ira account with Goldco is quite straightforward, as their representatives guide you through every step of the process, and they will work with your existing ira company to rollover what part of your IRA you want, into your new gold ira account they set up for you.
Goldco has worked hard to become one of the best gold ira companies over the years. They have been ranked by Inc5000 over a three-year span 2015-2017 as one of the fastest-growing companies in the US, reaching the position of 670. An achievement that can only be obtained through quality of service.
You may be looking to invest in gold without investing in a gold ira, and with Goldco you can do that. The minimum gold investment is $3500, and Goldco can help you organize your storage as well.
This brings us on to the storage of your gold in your gold ira. You cannot have home storage of your gold, as per the IRS regulations, so you will need to have a qualified self-directed Gold IRA custodian who will arrange storage of your gold ira assets. This is something that Goldco do not do, but they will provide you with full assistance in finding a custodian who is highly experienced with investing in a gold ira.
With Goldco, like all gold ira investment companies, you can fund your gold ira account in numerous ways. You can cash in or look to roll over your existing 401(k), 403(b), 457(b), or TSP retirement plan. Or if you wish you can transfer funds from any Traditional IRA, Roth IRA, SEP IRA, or SIMPLE IRA account that you may have.
They do have a limited selection of precious metals only offering gold and silver that you can add to your ira account, and they don’t offer platinum and palladium compared to other precious metals IRA companies. That is not a bad thing, just something to be aware of if you like a diverse selection of gold and other precious metals in your account.
As well as having a wide selection of good quality gold ira reviews as one of the best gold ira companies, Goldco have also built up a good reputation for providing a personal service to suit your needs. They spend time with their clients to help them achieve their retirement goals.
What Makes Goldco Stand Out From Other Gold IRA Companies?
Goldco currently has an offer in place that enables you to get 10% back in free silver coins when you open a new Gold IRA with them. And the offer applies regardless of the size of the transaction (in line with their minimum investment). So you could open a gold IRA with $250,000 and you will receive $25,000 in free silver, and the shipping is free.
Also as we looked at the multitude of various customer reviews, we saw that the biggest compliments made were towards their dedication to customer support and care, as well as even seeing one reference to a potential customer being told gold investment would not be the best option for their individual needs, which give credit to their desire to provide great customer service, and not simply selling gold for the sale. We mark that down as a great example of customer support and care.
Minimum investment levels:
Non-IRA: $3,500 – IRA: $25,000
Non-IRA: $0 – IRA: $260 Consisting of $50 set up fee, $80 annual maintenance fee, $100* storage fee, $30 wire fee
Non-IRA: $0 – IRA: $180 Consisting of an $80 annual maintenance fee, $100* storage fee*$100 storage fee is for non-segregated storage. Add $50 for segregated
Overall we are not going to say that Goldco is the best gold ira company, but we will say that they certainly are at the top of the list of companies providing gold IRAs. We do recommend that you check them out, by requesting a free no-obligation gold ira kit from them, which contains all the information you need to make a decision as to whether gold ira investment is for you.
Birch Gold Group Review
Birch Gold Group, like all of the precious metals companies on here, have an extensive history of experience, trading in precious metals since 2003. The company is made up of people coming from a wide range of financial services. from wealth managers, financial advisors, and commodity brokers, that have considerable knowledge in precious metals, and particularly gold iras.
As one of the top gold ira companies, Birch Gold have received some great reviews and scores across the various platforms. They have an A+ rating on Better Business Bureau, with a score of 4.86/5 from 83 customers. A score of 4.8/5 on Trustpilot from 107 reviews, a score of 4.9/5 on Tustlink from 126 reviews, and a AAA score from Business Consumer Alliance.
Their customer support is very good as well, though there are a few areas they have had to address. Yes, they have received some complaints on the Better Business Bureau website, but the ones they have received have all been about communication issues, with the vast majority of them being resolved.
The metals that Birch Gold Offer that is approved for precious metals IRAs, varies across a wide selection of gold silver platinum and palladium bars and rounds, along with individual coins.
You can purchase gold and other precious metals from Birch Gold for non-IRA investment purposes. Just like their gold IRAs the minimum investment is $10,000, which compared to other gold companies is quite high. However, as we outline below, there is no annual fee.
With regards to the storage of your self directed precious metals IRA, Birch Gold provide two options for Gold IRA Custodians. The first is the Delaware Depository, which is the country’s largest depository of precious metals outside of New York City. The second is Brink’s Global Services (BGS).
Minimum investment levels:
Non-IRA: $10,000 – IRA: $10,000
- Account Set Up Fee: $50
- Wire Transfer Fee: $30
- Storage/Insurance: $100
- Management Fees: $80
- $0 on non-IRA account
On new precious metals accounts of more than $50,000, they will pay your first year’s fees.
What Makes Birch Gold Group Stand Out From Other Gold IRA Companies?
What makes them stand out from the other precious metals ira companies for us, is their dedication to educating their clients. They state on their website that they are on a mission to educate their customers on the benefits of investing in gold silver platinum and other precious metals such as palladium. They also offer you free resources that delve deep into the process of setting up a gold IRA, so that if you are looking to invest in gold or other metals, you are full in the know of what to expect.
Birch Gold also have a very good fee structure for their set up and maintenance of precious metals ira, as we outlined above. There are some gold ira investment companies that charge a percentage on your investment, whereas Birch Gold, and most of the other companies we have reviewed, charge a set annual fee of $180, regardless of your gold and other precious metals investment value.
At the time of writing this review (May 2021), they are also offering Free shipping for cash purchases over $10,000 and up to $10,000 in free precious metals on qualified purchases.
Overall, as we reviewed the company alongside other gold companies, we saw that their annual fees were low compared to others. They have a good section of gold silver platinum and palladium to invest in. They take care and work hard at providing customer support and education when it comes to gold investments. And looking at their customer reviews on the likes of BBB, Trustlink, and Trustpilot, it is also clear they put a lot of emphasis on providing quality customer service. This is why we are happy to recommend that you at least request a free gold IRA kit from them to learn more.
Regal Assets Review
Like all of the precious metals companies on here, Regal Assets as a company has a history of providing quality service when it comes to gold investments. According to their website, the company has been operating since 2009 and is a current member of the Forbes Financial Council.
As one of the top gold ira companies, Regal have received a wide selection of gold ira reviews and scores across the various platforms. As mentioned they are not accredited with the Better Business Bureau, but they do have a score on there from two past customers of 3.5/5. They also have 10 complaints, which reading through them relate to poor communication and the company being slow to respond. 9 of the complaints were during 2020, the year of Covid, so maybe that might have played a part in the poor service that year, we don’t know, but historically, they have received great reviews across various platforms. They got a score of 4.6/5 on Tustlink from 1088 investors, all but three prior to 2020. They got a score of 4.9/5 on Birdeye.com from 1062 investors with up to date reviews from 2020 and 2021. And a AAA score from Business Consumer Alliance.
Regal have a team of advisors who have extensive experience handling investment in gold silver and other metals. They offer various gold, silver, platinum, and palladium coins and bars that are IRS approved. Gold must be 99.5% pure, silver must be 99.9% pure, and platinum and palladium must be 99.95% pure to be held in an IRA.
With regards to the storage of your self directed precious metals IRA, Regal offer North American and Singapore storage options. For those purchasing metals OUTSIDE a retirement account, they offer an even wider range of options. You can basically choose to store your metals anywhere in the world through their storage partners Brink’s, the world leader in maximum security storage
Concerning their annual fee structure, the company does offer a competitive fee structure, with a waiver on the first years’ fees, and then fixed annual fees of $250
Minimum investment levels:
- Gold IRAs – $10,000
- Non-IRA – $5,000
- Storage/Insurance: $150
- Management Fees: $100
- $0 on non-IRA account
As mentioned Regal’s fee structure means that the above fees are waivered in the first year. We recommend you speak to them about any other hidden fees, we could not find.
What Makes Regal Assets Stand Out From Other Gold IRA Companies?
One of the things that make the company stand out from other providers of gold IRAs is they have their own IRA, called the Regal IRA. The Regal IRA is according to their website, the worlds first Alternative Assets IRA that currently allows you to invest in both hard assets (precious metals) and digital assets (cryptocurrencies). We are not saying that this is either a good thing or a bad thing, because cryptocurrencies are still viewed as a high-risk investment, however, if part of your investment goals is to diversify retirement portfolio beyond gold IRAs, then with the correct financial advice, you may want to take a look at what they are offering.
Historically Regal has been a leading company for investors in precious metals to buy from. They have been regarded for a long time as one of if not, the best gold ira company to deal with. However we feel by looking at all the different companies, they have been surpassed by the others we have reviewed, but nonetheless, they still offer a good service, and there is no harm in checking them out, as an option, by requesting their free gold ira kit. You can also read our full Regal Assets review to gain more insight into the company.
GOLD IRA ROLLOVER – THE FACTS
If you have spent time considering your future retirement investments then you’ve probably looked at an individual retirement account [IRA] at some point. You may have considered rolling over your IRA.
An IRA is also a way to invest. You can say that it is pretty similar to a 401(k), but there are differences.
The 401(k) allows employees to take compensation in cash or defer a percentage of this compensation to a 401(k) account. Usually, the amount deferred to the account is not taxable unless you withdraw money, but there are instances where an employee can make 401(k) contributions on an after-tax basis and the money withdrawn will be tax-free immediately.
If you have a 401(k) or an IRA you have the option of rolling over a percentage of your retirement fund and placing it in what is known as a gold IRA rollover.
What Is A Gold IRA Rollover?A gold IRA rollover is the process of transferring a portion of your IRA / 401(k) Roth IRA into physical gold (or other precious metals such as silver, platinum, and palladium).
It is not limited to IRA holders. A 401(k), entitles you to roll over some or all of your funds into a precious metals IRA. If you have a 401(k) account, rollovers are usually permitted when you switch jobs or when you retire. If you are going to use an IRA, you can freely change to a different custodian.
Is It a Good Idea to Opt for a Gold IRA Rollover?
Why consider rolling over your 401k into physical gold bars? Well, bonds and mutual funds, stocks, or other assets that are bound to the dollar are susceptible to inflation, currency debasement, and more. They are more likely to be affected by a volatile market, and there is a possibility that your investment portfolio could be adversely affected, which is a risk that some people do not want to take, especially when it comes to retirement planning.
The best possible way to protect a part of your retirement plan is through gold in an ira rollover. There is no guarantee that the value of gold will continue to rise and not fall, but for many years its value has returned a constant appreciation. Gold investments have shown to be a sensible method to help protect your retirement funds against inflation and other changes in the market.
It is true that whatever you roll over into precious metals, it is likely to show small steady growth and not major returns that riskier investments can provide. This is the reason why usually you only roll over a part of your retirement fund into bullion.
You can choose to roll over all your assets into gold or other precious metals, but it depends on your situation and your tolerance for risk. So, rolling over part of your 401(k) to gold might be a great idea if you want a more cautious approach and are averse to taking risks with any of your assets.
Benefits & Pitfalls of A Gold IRA
The Different Benefits of Transferring Your 401(k) / IRA To GoldA 401(k) or IRA allows you to transfer some or all of your assets to gold or other precious metals like silver and platinum. There are different benefits and downfalls (or pros and cons) that you can get from this which we outline below
Wealth PreservationOne of the main reasons to transfer your investments to precious metals is to help preserve wealth, especially if you want to ensure the value of your portfolio will not drop in the years to come. There is no guarantee that precious metal prices will remain the same or go down in the following years, but based on the current trend, values have continued to grow.
Gold is always in demand, and since the mining and production of gold have slowed down, we can expect the value of the metal to increase still further in the future.
LiquidityLiquidity is a reason why people transfer their retirement investments to precious metals such as physical gold and silver platinum or palladium. It means that you can sell the bullion with relative ease if you want to cash in on your return. Since gold bullion has a high demand, if you will put it on sale, it is likely to be disposed of quickly. A number of the precious metals firms we have reviewed do offer a buy-back facility that will allow you to sell back the bullion that you’ve bought from them for a fair price.
Diversification PurposesA diverse portfolio means that you will have different investment types and you are not only focusing on a single one. Spreading your risk is a prudent strategy taken by most investors.
You are allowed to mix standard paper-based portfolios like stocks and mutual funds with gold-based investments. Also, you can invest other precious metals like silver and platinum into your IRA, as we previously mentioned.
The Different Pitfalls of Transferring Your 401(k) / IRA To Gold
You Will Not Be Permitted To Hold Your Gold PhysicallyWhile the US Government sees precious metals as cash since they can be liquidated anywhere in the world, you cannot keep your gold bullion, be it bars or coins, at your private residence. All retirement accounts will be held in a private depository or storage facility of your choice that you can visit whenever you please.
Gold Iras Are Form The Long Term And Not A Way To Make A Quick Profit Or MoneyThe process of holding gold IRAs is for long-term purposes. If you are looking for a way to gain quick returns with precious metals, then you are better off investing in the stock market or a gold ETF as opposed to investing in gold IRAs
Gold Iras Do Not Pay Out-Yields, Interests, Or DividendsIf you invest in gold, you will not receive interest or dividends as you would in stocks bonds, and mutual funds. You need to base your investment portfolio return on the gain values on the capital appreciation of the holdings associated with the actual gold price.
Can Different Retirement Account Types Be Rolled Over Into Gold IRAS?Today there are some different retirement accounts that qualify for rolling over into the gold IRAs. They are:
Restrictions will be applicable.
Gold IRA Companies Summary
Having provided you will all the information concerning four of the top gold IRA companies on the market today, it is our opinion that Augusta Precious Metals is the best.
The reality is all four companies are very good in different ways, and they all have different qualities to offer. If you want Bitcoin in your IRA as well as precious metals, then Regal Assets is the best company. If you want a company that provides a low investment level, then Birch Gold is the company for you. You want a solid company with a high reputation and service, then both Goldco and Augusta lead the pack.
We have gone for Augusta as our number one choice because of their zero complaints in over 8 years of operation, which we find impressive, as well as their lifetime support and advice guarantee. Along with their personalized expert-led webinars, a service no one else offers
It costs you nothing to speak to them all, but we hope that what we have provided by way of information helps you in making your choice in who to invest with.