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If you’re looking for a way to invest in precious metals, an IRA may be the right option for you.
There are many different companies that offer precious metals IRAs, so it can be difficult to decide which one is right for you.
In this article, we will discuss the 7+ best precious metals IRA companies and what makes them stand out from the competition.
We’ll also help you decide which company is right for you!
What are a precious metals IRA?
A precious metals IRA is a type of investment account that allows you to hold physical gold, silver, platinum, or palladium in your retirement portfolio.
Precious metals IRAs are becoming increasingly popular as investors look for ways to diversify their portfolios and protect themselves from inflation.
There are many benefits to investing in precious metals, including the potential for capital appreciation and hedging against economic uncertainty.
However, there are also some risks to consider before investing in a precious metals IRA.
For example, precious metals can be volatile and may not perform as well as other asset classes in a portfolio.
Precious metals IRAs also have special rules and regulations that must be followed in order to avoid penalties.
Before investing in a precious metals IRA, it’s important to do your research and understand the risks and rewards associated with this type of investment.
Top 15+ Best Precious Metals IRA Companies
Now that we’ve covered some basics, let’s take a look at the seven best precious metals IRA companies.
#1 Augusta Precious Metals
Augusta Precious Metals is a full-service precious metals dealer specializing in gold, silver, platinum, and palladium products.
Founded in 2002, Augusta has built a reputation for providing superior customer service and competitive prices.
Augusta offers a wide range of products including coins, bars, rounds, and ingots from various mints around the world.
In addition, Augusta also provides storage options for those looking to invest in precious metals.
For those interested in purchasing precious metals, Augusta offers a convenient online ordering system as well as a knowledgeable customer service team to answer any questions.
Whether you are new to investing in precious metals or a seasoned investor, Augusta Precious Metals is an excellent choice for all of your needs.
#2 Goldco Precious Metals
Goldco is a leading precious metals IRA company that specializes in helping people invest in gold and other precious metals.
Founded in 2006, Goldco has helped thousands of people diversify their retirement portfolios and protect their savings from market volatility.
Goldco offers a variety of services, including gold IRA rollovers, silver IRA rollovers, and platinum IRA rollovers.
They also offer a wide range of products, including gold coins, gold bars, and gold bullion.
In addition to their IRA services, Goldco also offers a variety of other investment options, such as gold mutual funds and gold ETFs.
Whether you’re looking to protect your retirement savings or grow your wealth, Goldco can help you achieve your financial goals.
#3 American Hartford Gold
American Hartford Gold Group is a leading provider of precious metals and numismatic coins.
Based in West Hartford, Connecticut, the company has over four decades of experience in the industry.
American Hartford Gold is a family-owned business that takes pride in offering personalized service to its clients.
The company specializes in gold and silver coins, and it also offers a range of other services, including appraisals, storage, and direct delivery.
American Hartford Gold is one of the largest dealers of precious metals in the United States, and it has an outstanding reputation for customer service.
Bill O’Reilly and Rick Harrison, from the Fox News show “The O’Reilly Factor” and the History Channel’s “Pawn Stars” respectively, have teamed up to recommend a precious metals dealer to their viewers and listeners.
That dealer is Oxford American Hartford Gold, and they are one of the few companies that have a buyback commitment with a price match guarantee and no back-end fees.
They have an A+ Rating from the BBB and a 5-Star Rating on Trustpilot, and they have delivered over $1 billion of precious metals with thousands of happy clients.
You can set up a Wealth-Protecting IRA in three easy steps, and you can get up to $10,000 in free silver on qualified orders.
So if you’re looking for a trusted and recommended precious metals dealer, look no further than Oxford American Hartford Gold.
#4 Birch Gold
Birch Gold is a precious metal refinery and bullion dealer located in Burbank, California.
The company was founded in 2003 with the goal of providing investors with a safe and convenient way to purchase and store gold.
Today, Birch Gold offers a variety of gold-backed products, including coins, bars, and rounds.
The company also offers storage services for its clients, ensuring that their investment is protected from loss or theft.
In addition to its physical products, Birch Gold also offers a gold IRARepurchase Agreement, which allows investors to loan money to the company in exchange for interest and the option to buy gold at a fixed price in the future.
With its commitment to customer service and its wide range of products, Birch Gold has established itself as a leading provider of precious metals investments.
#5 Regal Assets
Regal Assets is a financial services company that specializes in investment planning and asset management.
The company was founded in 2003 by CEO Tyler Gallagher, and it is headquartered in Toronto, Canada.
Regal Assets provides a wide range of services to its clients, including portfolio management, investment research, and retirement planning.
The company has a team of experienced financial professionals who are dedicated to helping clients reach their financial goals.
In addition to its core services, Regal Assets also offers educational resources on its website, which can help investors learn more about the investment process.
With its comprehensive suite of services and commitment to customer satisfaction, Regal Assets is a trusted partner for anyone looking to grow their wealth.
#6 GoldSilver
When it comes to precious metals, gold and silver are two of the most popular choices. But what exactly is goldsilver?
Goldsilver is a website that specializes in the sale of precious metals. They offer a wide range of products, including gold coins, silver bars, and platinum bullion.
They also offer a variety of services, such as storage and shipping. In addition, they provide a wealth of information on precious metals, making them a valuable resource for anyone interested in investing in these valuable commodities.
Whether you’re looking to buy gold coins or invest in platinum bullion, goldsilver can help you make the most of your investment.
#7 Lear Capital
Lear Capital is a leading provider of precious metals IRA services. Established in 1997, the company has helped hundreds of thousands of investors diversify their retirement portfolios with gold, silver, and other precious metals.
Lear Capital offers a wide range of services, including IRA rollovers, transfers, and conversions.
The company also provides guidance on how to invest in precious metals and how to store them safely.
In addition, Lear Capital offers a wide range of products, including gold coins, bars, and rounds. With more than two decades of experience, Lear Capital is a trusted name in the precious metals industry.
#8 JM Bullion
JM Bullion is a leading online precious metals retailer that offers a wide range of products at competitive prices.
The company was founded in 2011 by Michael J. Ballenger and Joseph Freedman, two experienced precious metals investors and collectors.
JM Bullion is headquartered in Dallas, Texas, and has an expansive network of dealers and partners across the United States.
The company’s mission is to provide customers with access to the highest quality gold, silver, platinum, and palladium products at the most competitive prices.
In addition to its broad selection of products, JM Bullion also offers free shipping on orders over $99 and provides a comprehensive education center to help customers learn about the precious metals market.
Whether you’re looking to add to your existing collection or start investing in precious metals for the first time, JM Bullion is a trusted source for all your needs.
#8 Patriot Gold Group
Patriot Gold Group is a gold IRA company that specializes in helping people invest in precious metals.
Based in California, the company has been in business since 2011 and is one of the leading gold IRA companies in the United States.
Patriot Gold Group offers a variety of services, including gold IRA investment planning, asset protection strategies, and tax-advantaged investing.
The company also offers a free gold IRA kit to help people learn more about investing in precious metals.
In addition to its core business, Patriot Gold Group also provides gold IRA rollover services and helps people with inherited IRAs convert their assets into gold.
As a result, the company has a wide range of experience and expertise in helping people invest in precious metals for their retirement.
#9 Gold Alliance
GOLD ALLIANCE is one of the most trusted names in gold and silver investment. They offer self-hold and IRA investment options with no set-up fees.
Their no-questions-asked buyback policy (as permitted by law) is one of the most generous in the industry, and their strict privacy policy guards your personal information.
Their easy opt-out from marketing communications and excellent ratings from the BBB, Google Business, Business Consumer Alliance and Trustlink make them a great choice for anyone looking to invest in gold and silver.
#10 Oxford Gold Group
Oxford Gold Group is a leading precious metals firm that specializes in helping investors roll over their 401k and IRA accounts into Gold IRAs.
They offer a wide range of IRS-approved products in gold, silver, platinum, and palladium, and their quick and easy phone application makes it easy to get started.
Their real-time precious metal trading prices give you the most up-to-date information so you can make the best decisions for your investment portfolio.
Whether you’re a beginner or a seasoned investor, Oxford Gold Group has the experience and knowledge to help you reach your investment goals.
So if you’re looking to diversify your portfolio with some physical gold, silver, or other precious metals, give them a call today.
#11 Fidelity Investments
Fidelity Investments is a Boston-based financial services company that offers a wide range of products and services, including investment management, trading and market research, and retirement planning.
The company was founded in 1946 by Edward C. Johnson II and has grown to become one of the largest asset managers in the world, with over $2.6 trillion in assets under management as of 2019.
Fidelity Investments is known for its strong performance, offering investors access to a variety of high-quality investment products and services.
The company is also committed to providing excellent customer service, which has earned it a reputation as a trusted provider of financial services.
If you’re looking for a reliable partner to help you grow your wealth, Fidelity Investments is an excellent choice.
#12 TD Ameritrade
TD Ameritrade is an American brokerage firm based in Omaha, Nebraska. The company offers a wide range of investment products and services to more than 11 million clients.
TD Ameritrade was founded in 1971 as First Omaha Securities, Inc. In 1975, the company changed its name to Ameritrade Clearing Company.
In 1998, Ameritrade Holding Corporation acquired Knight-Ridder Financial Publishing and renamed itself Ameritrade, Inc.
In 2006, the company acquired select assets of thinkorswim Group, Inc., and TD Waterhouse USA from Toronto-Dominion Bank.
The company then changed its name to TD Ameritrade Holding Corporation. In 2019, Ameritrade was acquired by Charles Schwab and became a subsidiary of the company.
Today, TD Ameritrade remains one of the largest online brokerages in the United States.
#13 E-Trade
E-trade is an online brokerage firm that offers a wide range of investment products and services to its clients.
Founded in 1982, the company was one of the first to provide electronic trading of stocks and other securities.
Today, E-trade is one of the largest online brokers, with over 4 million active customers.
The company provides a variety of features and services to its clients, including the ability to trade stocks, bonds, mutual funds, and ETFs.
E-trade also offers a suite of research tools, as well as access to an extensive network of financial professionals.
In addition, the company provides a mobile app that allows clients to Trade on the go.
Whether you’re a seasoned investor or just starting out, E-trade has the tools and resources you need to achieve your financial goals.
#14 Merrill Edge
Merrill Edge is a subsidiary of Bank of America that offers online brokerage and investment advice. It was founded in 1914 and is headquartered in New York City.
Merrill Edge provides self-directed and managed investing services to retail clients.
The company offers a suite of investment products, including stocks, bonds, mutual funds, and ETFs.
It also provides research, analytics, and guidance to help clients make informed investment decisions.
In addition, Merrill Edge offers a variety of retirement planning and saving products, including IRAs and 401(k)s.
Merrill Edge is committed to helping clients reach their financial goals.
Its investment professionals work with clients to develop personalized investment plans that are aligned with their individual needs and objectives.
As a result, Merrill Edge is one of the leading providers of online investing services in the United States.
#15 Charles Schwab
Charles R. “Chuck” Schwab, Jr. is an American entrepreneur and investor. He is the founder and Chairman of the Charles Schwab Corporation.
He pioneered discount brokerage in 1971, by allowing investors to trade stocks for less than the traditional commission charged by Wall Street firms.
Discount trading caught on, and today, the Charles Schwab Corporation is a leading provider of financial services with more than $3 trillion in client assets.
In addition to his work in the financial industry, Schwab is also a philanthropist. He has given away over $1 billion to charitable causes, including education, health care, and the arts.
As a result of his commitment to giving back, Forbes magazine has named him one of the world’s most generous billionaires.
Schwab is an inspiration to many and a shining example of American ingenuity and success.
#16 Ally Invest
Ally Invest is an online broker that offers stock and options trading, as well as forex trading. Ally Invest is a subsidiary of Ally Financial, Inc. (NYSE: ALLY).
Ally Financial is a large bank holding company that offers banking, mortgage, investing, and auto financing products and services.
Ally Invest was formerly known as TradeKing. TradeKing was founded in 2005 and was later acquired by Ally Financial in 2016.
Ally Invest offers a straightforward pricing structure with low commissions on stock and options trades.
They also have no account minimums or inactivity fees. Ally Invest provides a user-friendly platform with advanced features for experienced traders, and educational resources for those who are new to trading.
What are the Advantages of precious metals IRAs?
Precious metals IRAs offer a number of advantages over traditional IRAs. First, they provide investors with the opportunity to diversify their portfolios.
Second, precious metals are not subject to the same volatility as stocks and other investments.
This means that investors can sleep soundly knowing that their savings are not subject to the whims of the stock market.
Finally, precious metals IRAs offer tax advantages. The Internal Revenue Service does not tax gains on gold, silver, and other precious metals, making them an ideal way to grow your retirement savings.
For these reasons, precious metals IRAs are an increasingly popular investment choice for savvy investors.
Precious metals IRAs offer a number of advantages, including:
Diversification:
By investing in precious metals, you can add an important element of diversity to your portfolio. This can help to hedge against inflation and market volatility.
Stability:
Precious metals have a long history of maintaining their value during times of economic turmoil. This makes them an ideal investment for those who are looking for stability in their portfolios.
Tax-advantaged:
Precious metals IRAs offer tax-advantaged status, which means that you can defer or avoid taxes on your gains. This can be a significant advantage if you are looking to grow your wealth over the long term.
If you are thinking about adding precious metals to your IRA, it is important to consult with a financial advisor to discuss the best options for your portfolio.
Gold 401K IRA Latest News, Stats & Data For Today in December 2024
What precious metals can you invest in for retirement?
While there are many different types of investments that you can make for retirement, precious metals are often a good choice. Here are some of the most popular options:
Gold
Gold is one of the most popular choices for retirement investing, as it is a stable and safe investment.
Gold prices can fluctuate, but they have historically been a good long-term investment.
You can invest in gold through mutual funds, Exchange Traded Funds (ETFs), or by purchasing gold coins or bars.
Silver
Silver is another popular choice for retirement investing. Like gold, silver is a stable and safe investment, and its price has historically been a good long-term investment.
You can invest in silver through mutual funds, ETFs, or by purchasing silver coins or bars.
Platinum
Platinum is a less common choice for retirement investing, but it can be a good option if you are looking for something different.
Platinum is more volatile than gold and silver, but it also has the potential for higher returns.
You can invest in platinum through mutual funds, ETFs, or by purchasing platinum coins or bars.
These are just a few of the options available to you when it comes to investing in precious metals for retirement.
It is important to consult with a financial advisor to discuss the best choices for your portfolio.
Precious metals IRAs are a great way to diversify your portfolio and protect your savings from market volatility.
If you are thinking about adding precious metals to your IRA, be sure to consult with a financial advisor to discuss the best options for your portfolio.
Adding precious metals to your IRA can provide you with a number of advantages, including diversification, stability, and tax-advantaged growth.
Be sure to consult with a financial advisor to discuss the best options for your portfolio.
How much of your IRA should include precious metals?
Your IRA is one of the most important retirement tools you have at your disposal. So, it stands to reason that you would want to make sure it is as diversified as possible.
This is where precious metals come in. By including gold, silver, platinum, and palladium in your IRA, you can help to protect your retirement savings from inflation and market volatility.
However, it is important to remember that precious metals can be a volatile asset class. As such, you should only allocate a portion of your IRA to precious metals.
A good rule of thumb is to allocate no more than 10% of your IRA to precious metals. This will help to ensure that your retirement savings are diversified and protected.
How to open a precious metals IRA?
You’ve saved long and hard for retirement, but what about protecting your savings from inflation?
One way to do this is by investing in precious metals, such as gold or silver. But how can you get started?
Precious metals IRAs are a great way to invest in precious metals and protect your savings from inflation. Here’s how to get started:
- Find a reputable precious metals dealer. Make sure they offer a wide range of products and services, and that they have a good reputation.
- Research the different types of precious metals IRA accounts. Decide which one is right for you based on your investment goals.
- Open an account with the dealer of your choice. This can be done online or over the phone.
- Fund your account by making a deposit. You can do this by transferring funds from another IRA or retirement account, or by making a direct deposit from your paycheck.
- Start investing in precious metals! You can choose to invest in gold, silver, platinum, or palladium. Each has its own advantages and disadvantages, so make sure you do your research before choosing one.
Now that you know how to open a precious metals IRA, it’s time to start investing in precious metals and protecting your retirement savings!
When it comes to retirement investing, there are a lot of different options available.
How do you make a withdrawal from a precious metal IRA?
In order to make a withdrawal from a precious metal IRA, you will need to contact your account custodian and request a distribution.
You will need to provide your account number, the amount of money you wish to withdraw, and your preferred method of payment.
Once the distribution has been processed, you will typically receive your funds within 10-15 business days.
There may be taxes and penalties associated with early withdrawals, so it is important to consult with a financial advisor before making any decisions.
Withdrawals can also be taken in the form of physical metals, but you will need to arrange for storage and transportation.
Overall, making a withdrawal from a precious metal IRA is a relatively simple process, but it is important to understand the potential consequences before taking any action.
What Are the Advantages of Owning Silver?
Silver has a long and storied history, dating back thousands of years. The precious metal has been used as a store of value and as a currency, and it continues to play an important role in the global economy.
For retirement portfolios, silver offers many unique advantages. First, silver is an essential element in the manufacturing of solar panels, mobile devices, and other electronics.
This means that silver has intrinsic value and is likely to appreciate in value as demand for these products increases.
Additionally, silver can act as a hedge against economic downturns and periods of political uncertainty.
This makes silver a popular choice among investors who want to diversify their portfolios and protect their investments.
Whether the economy is booming or struggling, silver can help to safeguard your retirement savings.
Why you should acquire silver?
There are a number of reasons why you should acquire silver. First, during periods of high demand for precious metals, silver has outperformed gold.
This is due to the fact that there is less silver available on the market than gold, so when demand is high, silver prices tend to rise more sharply than gold prices.
Second, the demand for silver is growing while its supply is limited. This means that silver is likely to become more valuable over time, making it a wise investment.
Third, silver is currently undervalued, meaning that you can get a lot of bang for your buck when you invest in silver.
So if you’re looking to diversify your portfolio or simply invest in a metal with good long-term prospects, silver is a good choice.
How Do I Open a Precious Metals IRA?
Opening a precious metals IRA is a simple process. First, you will need to open a self-directed IRA with a custodian that offers this option.
Next, you will need to fund your account. This can be done by making a direct rollover from an existing retirement account or by making a contribution in cash.
Once your account is funded, you will need to select IRA-approved gold and silver. These can be coins, bars, or rounds.
Once you have selected your assets, your custodian will arrange for them to be stored in a secure location.
In order to maintain the tax-advantaged status of your account, you will need to make sure that all transactions are made through your custodian.
With careful planning, you can use a precious metals IRA to help secure your financial future.
Is a Precious Metals IRA Right for Me?
A Precious Metals IRA can be a great way to diversify your retirement portfolio and hedge against inflation. However, there are a few things to consider before opening one.
First, you’ll need to decide which type of Precious Metals IRA best suits your needs. There are two main types: a self-directed IRA and a custodian-held IRA.
With a self-directed IRA, you have more control over your investment choices, but you’ll also be responsible for managing and storing the metals yourself.
With a custodian-held IRA, the custodian will handle these responsibilities for you.
Next, you’ll need to choose which metals to invest in. Gold and silver are the most common choices, but you may also want to consider platinum or palladium.
Each metal has its own benefits and risks, so it’s important to do your research before making any decisions.
Finally, you’ll need to find a reputable dealer to purchase your metals from. It’s important to work with a dealer who offers competitive prices and is licensed and insured.
If you’re considering opening a Precious Metals IRA, these are some important things to keep in mind. By doing your research and taking the time to find the right dealer, you can ensure that your investment is safe and secure.
What Are the Risks of Investing in Precious Metals?
Precious metals are often considered a safe investment, but there are still some risks involved.
The price of precious metals can be volatile, and they may not always maintain their value.
Additionally, if you invest in physical metals, you’ll need to find a safe place to store them. This can be tricky and expensive, so it’s important to weigh the risks and benefits before making any decisions.
Overall, investing in precious metals is a relatively safe investment, but there are still some risks to consider. By doing your research and working with a reputable dealer, you can help minimize these risks.
Precious metals can be a great way to diversify your retirement portfolio and protect against inflation.
However, it’s important to understand the risks involved before making any decisions. With careful planning, you can use a precious metals IRA to help secure your financial future.
FAQ About Precious Metals IRAs
What is a precious metals IRA?
A Precious Metals IRA is a special type of self-directed individual retirement account (IRA) that allows you to acquire physical gold and silver.
You can hold gold and silver in this Precious Metals IRA account, as long as they meet certain requirements, and you’ll enjoy the same benefits as with Traditional or Roth IRAs.
The main difference is that with a Precious Metals IRA, you can invest in physical gold and silver coins and bars, instead of paper assets like stocks and bonds.
This can provide a more stable investment since precious metals tend to hold their value better than other assets during economic downturns.
Plus, with a Precious Metals IRA, you have the option of taking physical possession of your metals if you choose.
If you’re interested in adding gold and silver to your retirement portfolio, a Precious Metals IRA could be a good option for you.
How do I open a precious metals IRA?
You will need to open a self-directed IRA with a custodian that offers this option. Once your account is funded, you will need to select IRA-approved gold and silver.
These can be coins, bars, or rounds. Your custodian will arrange for them to be stored in a secure location.
Can I use my existing retirement account to fund a precious metals IRA?
Yes, you can use an existing retirement account, such as a 401(k) or Traditional IRA, to fund your Precious Metals IRA.
You will need to roll over the funds from your existing account into the new self-directed IRA.
This can be done by having the custodian of your existing retirement account write a check made out to the custodian of your Precious Metals IRA.
You will then deposit the check into your Precious Metals IRA. This is known as a “direct rollover” and can be done without incurring any taxes or penalties.
What are the benefits of investing in precious metals?
The main benefit of investing in precious metals is that they can help you diversify your retirement portfolio and protect against inflation.
Precious metals tend to hold their value better than other assets during economic downturns, so they can help offset losses in other parts of your portfolio.
Additionally, if you invest in physical metals, you have the option of taking possession of them if you choose.
This can provide peace of mind knowing that your investment is not subject to the volatility of the stock market.
