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Goldco review

Goldco was founded in 2006. It's a privately-owned company that specializes in gold and silver IRA investment opportunities. It's one of the best gold IRA companies for savers looking to make a little go a long way. This is a laudable service, as precious metals are often considered out of the reach of everyday people as an investment.

Investment Options

The company's main investment option is silver and gold IRAs. When you register interest, you'll be guided through the types of precious metals that you can invest in. Strong educational resources help you understand what the best type of investment for you is.

You can also buy gold coins as investments outside of gold and silver IRAs. You need to have a secure place to store any precious metals - the Goldco Gold Group can advise you on how to look after savings in this way.

Account Types

The company offers a self-directed IRA. Approved gold investments will be handled through a custodian - Goldco provides a list of excellent choices for this purpose.

It's also worth noting that this provider has a lower minimum deposit than other platforms. This makes it accessible to the millions of American savers who don't have huge amounts of wealth stored away but deserve to be able to protect their savings.

Client Services

This provider offers excellent customer service and is a superb place to start for inexperienced investors.

Gold individual retirement accounts are a great way to keep your money safe and tied to a precious metal with a very stable value. Top gold IRA companies like Goldco will give you all the information you need to understand what to expect from your investment.

Reviews & Reputation

Goldco is a well-regarded platform that has been operating for a decade and a half. In that time, it's racked up thousands of positive reviews from satisfied customers and accolades from several prestigious publications. It was also noted by Inc. 500 as one of the fastest-growing businesses nationwide.

Goldco is also rated highly by the BBB and BCA, obtaining ratings of A+ and AAA respectively.

Additional Information

One of the most common observations in Goldco's many positive reviews is that the company is transparent and easy to work with. This makes it an attractive gold IRA business for inexperienced investors to work with.

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Verdict

We consider Goldco to be one of the best gold IRA companies in the U.S. It's been around for a long time and has built a superb reputation as a transparent provider that offers gold IRA services at rates that the everyday consumer can afford.

Contact Goldco Precious Metals

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Birch Gold Group review

Founded in 2003, Birch Gold Group is one of the oldest companies offering gold IRAs today. Throughout its almost 20-year history, the provider has helped many thousands of clients manage their savings in a gold IRA.

Investment Options

The company's main offering is a gold and silver IRA. It has a straightforward process to help you move from your existing IRA to an investment in gold, with minimal paperwork and maximum peace of mind.

It places trust at the heart of its investment strategy, working closely with its clients to help them understand the risks and benefits of investing in precious metals. Its fees for the IRA are competitive and the scheme includes some attractive perks - for example, each investment of $5,000 could see customers earn a free American Eagle silver coin. That's an extremely impressive interest rate.

In addition to its gold IRA, Birch also offers purchasing options for a range of precious metals including silver, palladium, and platinum. It provides secure storage and shipping and helps clients understand why sometimes ultra-rare metals like palladium can be better investments than traditional options like silver and gold.

Account Types

Birch Gold Group specializes in helping its clients diversify their portfolios. When you go to open a gold IRA with the company, you'll learn why tying part of your retirement savings to gold prices is an excellent augmentation to conventional stock options and savings accounts.

You won't be pressured into opening an account - the company's superb educational resources are available to potential investors to help them make a confident and informed buying decision. When you're ready, the process of opening an account is very straightforward.

Client Services

The company operates on an "open book" policy. This means that whatever kind of questions you have and whatever you'd like to discuss concerning your savings goals and motivations, you'll be heard. Helpful, considerate advice will be offered by the top-notch customer care team.

When you're choosing the best gold IRA company, it's important that you feel fully secure every step of the way. If you ever have doubts about investing that an investment firm can't give you answers for, that's typically a sign that you should find a company that can answer those questions.

This provider takes all the time you need - zero pressure - to help you understand your investments and make the right choice.

Reviews & Reputation

Birch Gold Group is rated A+ by the BBB and AAA by the BCA. Its consistently high ratings along with the overwhelmingly positive response of its customers are especially noteworthy given how long Birch has been around.

Many investment firms arrived in the last 5-10 years, but Birch has been getting rave reviews from its clients for almost 20 years. This is what sets it apart from younger pretenders.

Consistency is everything in gold investment. Consistency is what gives precious metals their reputation as the most reliable assets of all. This firm has consistently proven itself to be one of the best gold IRA companies in the U.S. and its clients' trust is well-founded.

Additional Information

Fun fact: the Birch Gold Group headquarters is directly opposite Warner Bros Studios, the gold standard of the silver screen, in the golden state of California.

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Verdict

Birch Gold Group has been leading the gold IRA industry and pioneering its best practices for almost 2 decades. On the strength of its customer reviews and service, it looks to remain at the forefront of precious metal investments for many years to come. A highly recommended investment company.

Contact Birch Gold Group

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Phone: 1-888-661-4281

Website:

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Advantage Gold review

Advantage Gold was founded in 2014. It offers a premier gold IRA rollover service, helping savers move their funds from a traditional IRA into precious metals.

Investment Options

Silver and gold IRA services are the foundation of Advantage's offering. It provides savers with excellent educational resources to help guide them towards prudent investment decisions. The firm's ethos is that the best clients are those who understand the investments they're making.

This sets top gold IRA companies like Advantage apart from many stock and commodity trading firms and platforms. These often provide a cursory nod to educating their investors but are more than happy to take money when they know an uneducated client's investment choices will lead to losses. It's a major advantage of gold IRA investing over other strategies.

The company also allows users to purchase precious metals such as platinum, silver, and palladium for personal investments. This helps to diversify a portfolio and create a balanced, reliable set of options for savers.

Account Types

Advantage offers a gold IRA account that is easy to set up and even easier to use for smart investments, given the wealth of expert advice the company offers its clients.

It also offers competitive buyback services if a customer decides to close their account. Their policy is to reimburse customers to the minimum spot price of the physical precious metals in their IRA. The buyback is also very quick, taking less than 24 hours according to the business.

Client Services

Advantage boasts top-level customer service. From the moment you get in touch to express interest in a precious metals IRA, you'll be provided with useful information about the history and nature of precious metal investments. The company explains this in detail and isn't pushy with its marketing - it gives potential clients all the time and space they need to make an informed buying decision.

When you've become an investor, you can look forward to industry-leading customer care. Whenever you have a question, you can call your account manager who will be happy to talk it through with you and offer helpful advice.

Advantage offers a choice of 2 well-regarded custodians to manage your investments. Both custodians have reasonable fees, although STRATA is slightly more affordable than Equity. Your account manager will explain the services and benefits of each custodian when you book a call.

Reviews & Reputation

Advantage won the Best of TrustLink prize 5 years in a row between 2016 and 2020. It boasts a 10/10 rating on the site alongside an A+ rating from the BBB and an AAA rating from the BCA. Across both services, Advantage has received only 1 complaint in the past 3 years, which was swiftly closed.

This company prides itself on transparency and it includes all its reviews on its website. There are thousands of positive responses from clients to peruse if you have the time, but suffice to say Advantage builds great relationships with its customers.

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Verdict

Advantage provides savers with competitive rates for gold investing using well-regarded custodians. Its educational resources set it apart from other well-known investment firms while its ongoing customer care is second to none.

A well-managed, experienced gold IRA provider with a rich history of serving its clients well.

Contact Advantage Gold

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Phone: 310-774-2133

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Gold IRAs: What You Need to Know

A gold IRA is typically used as a secure, reliable way of diversifying your investment portfolio. While the value of gold moves up and down like any other commodity, no other tradeable commodity in history has retained its long-term value so consistently.

Investments in stocks and bonds are useful to have as part of a diverse portfolio. They can accumulate value quickly. However, they can lose it just as quickly. Some never recover. Gold always recovers, which is why a precious metals IRA is considered such an integral part of a successful, diverse investment strategy.

How Gold is Taxed

While it's held in an IRA, any precious metal is considered tax-deductible. This means you won't pay capital gains tax on your investment, which offsets the fees you pay for account management.

If you withdraw precious metals to hold in a private location, IRS rules state that they will be subject to capital gains tax. In addition to the increased security provided by the international depository services that IRA companies work with, avoiding this tax is a good reason to keep your precious metals in secure gold IRAs.

Early Withdrawals for Gold IRA

As with a traditional IRA, early withdrawals often come with fees, although there are some exceptions to this. These fees depend on the company - you'll want to ask about early withdrawal fees while setting up your account.

Another question you should ask is what price the company uses for its buyback option. Bullion should be close to the spot price for the precious metals in your IRA.

Contribution Limits

According to the IRS, the contribution limit for gold IRAs is $5,000 per year if you're under 50 and $6,000 per year after that.

Why Do I Need a Gold IRA Custodian?

The custodian is the party in charge of holding your precious metals. A gold IRA company typically works with 2-3 highly-regarded custodians to help its clients manage their accounts.

Trusted, regulated custodians are an important part of holding precious metals because they're guarantors of the quality of your investment. Without a good custodian, you could be paying 100% purity prices when your physical investment is a much lower grade.

Choosing the Best Precious Metals IRA Company: Step-by-Step Guide

Here's our step-by-step guide to setting up a gold IRA account and investing in your future.

1) Do Your Research

Our gold IRA reviews are here to help you. We drew up this list of companies after a painstaking review of top companies, cutting through marketing schmaltz to find out which firms are the most trustworthy. Trust is a serious business in precious metal investments.

Unfortunately, many gold IRA providers take advantage of the low level of customer literacy in this field. For something that's been around for so long, gold is still very mysterious to most investors.

That's why we've prioritized companies offering top-tier educational content above others. Sure, a company might offer start-up account fees of $50 less, but does it give its clients the time and resources they need to understand their investments?

Your research starts here and should continue as you get in touch with a gold IRA company to begin your journey.

2) Choose a Provider

Choose the precious metals IRA company on our list that suits your needs most. Beginner investors should consider working with a company that offers low initial deposit rates and great educational materials. More experienced savers might opt for a company with higher management fees but unbeatable customer care and quality assurances.

You should also decide if you're interested in purchasing precious metals outside an IRA. Palladium and platinum are extremely rare and can't be used to underpin an IRA. However, their scarcity means that even without this security, they're potentially high-yield investments.

It's worth noting that holding precious metals privately can be risky and might incur extra costs for protecting your assets.

3) Book a Discussion

Now it's time to start the conversation with a top gold IRA firm. Here's a good rule of thumb for your discussions: paperwork should be short, conversations should be long.

A trustworthy gold IRA firm will never assume that you know everything about the best investment options from the word go. You should be offered every opportunity to learn about the precious metal market and how IRAs work before talk moves to opening an account.

There should be room for all your questions - and we mean all your questions! Never be afraid of asking something that you feel might be obvious: this is a lifetime investment. There are no bad questions. A company that tries to avoid questions from its investors should never be trusted.

Only when you're fully satisfied and confident that you're making the right choice should you sign up for an account. Good gold investment firms will take care of 95% of the paperwork for you - just make sure you read everything before you sign it.

4) Start Investing

Choose a company with a minimum initial contribution that suits your means. You can always invest more later.

Now you're armed with expert knowledge about investing in a precious metals IRA and working with a company you're 100% sure you can trust, it's time to start building your future on the world's most dependable commodity.

Gold IRA FAQ

Who holds the gold in a gold IRA?

The physical gold is held by a custodian in an ultra-secure vault.

What banks offer gold IRA?

Banks typically steer clear of gold IRAs. It's a better option to work with a specialist provider.

In addition to the customer care and educational resources, reputable gold IRA companies tend to be much better than what you find at banks.

Can you fund an IRA with gold?

There are many providers around today. Unfortunately, the precious metals industry has always been vulnerable to bad actors and dubious promises, meaning that you need to choose your gold investment company very carefully.

Our guide lists the most trusted and transparent companies around today. Take a look over their services and decide which one suits you.

Are gold IRAs worth it?

Gold is an extremely dependable long-term investment. It's been considered a high-value asset for over 5,000 years and has shown far more resilience than paper money or stock options.

No asset will perpetually increase in value. The price of gold is subject to fluctuations just like anything else. However, as part of a diverse portfolio, gold is an extremely reliable long-term investment.

Choosing the Best Gold Investment Accounts: Final Thoughts

The gold IRA company you choose to invest with should:

American Hartford Gold is our leading pick for the top gold IRA company today. Every provider on our list meets all these criteria and more. Make the right choice and invest in your future now.

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