The American Precious Metals Exchange is one of the largest online retailers for precious metals. In addition to gold IRAs, APMEX offers a wide range of precious metal IRAs for silver, platinum and palladium. The company has been in business for 23 years, making it the oldest company on this list. Birch Gold Group is a leading precious metals trader that offers physical purchase and IRA investment accounts.
This company has been in business since 2003 and has earned a positive reputation with thousands of customers. These companies already own the physical products in your IRA and may be responsible for buying them back from your account. Most IRA precious metals companies offer numerous gold coins, gold bars, and other gold products that you can buy directly or include in your IRA. If you don’t personally know anyone who invests in gold IRAs, you can also visit investment forums and get recommendations from members.
In the past, the Internal Revenue Service only allowed American Eagle gold coins as stocks for IRAs. In addition to an excellent collection of educational resources, the company offers an excellent collection of gold, silver, platinum, and palladium coins and bars. Goldco can help you protect assets in a range of retirement accounts by transferring them to a precious metals IRA. Many Gold IRA companies work with a custodian, and either the custodian or the Gold IRA company may select a custodian bank.
Many companies also sell gold combo bars that come with perforations that allow you to break the gold bar down into 1-gram sections. It’s important to talk to an advisor and get a clear picture of the fees associated with opening and maintaining a standalone IRA account, as they can impact your overall savings and IRA performance. A Gold IRA custodian is a certified individual or company that handles the paperwork and reporting of your self-governing IRA for tax purposes. The gold medal team also uses its talents and helps diversify the portfolio with gold and silver as well as platinum and palladium.
If you choose a company that offers Gold IRA services, your account manager will use their expertise to help you make a purchase decision. Although the company focuses on IRAs for precious metals, it also offers direct purchases of gold and silver as well as various storage options in IRS-compliant deposits.