Investing in gold IRAs can be complicated, but we’ve researched the companies that offer the safest and most cost-effective ways to own gold in an IRA. Oxford Gold Group offers investors two different ways to store a precious metal IRA. You can choose between the Brinks Depository in Salt Lake City, Utah, or the Delaware Depository in Wilmington, Delaware. Finally, a precious metals IRA offers a level of control that other retirement solutions don’t.
You can adjust your IRA to include only the assets you prefer, whether it’s gold, silver, palladium, platinum, or rare coins and bars. Additionally, every IRA company has a process that makes it easy to buy and sell assets within the account. With a gold IRA, you can invest in physical gold, silver, platinum, and palladium to diversify your retirement portfolio. You can transfer funds from an existing IRA or 401 (k) to a gold IRA, or you can open a new gold IRA and make contributions.
When choosing one of the best Gold IRA companies, it’s important to check their fees and commissions. If you have any questions about storage, contact your Gold IRA representative. The decision is ultimately up to you. However, one of the trusted and highly respected Gold IRA companies on our list can help you clear up any confusion. Conversely, a precious metal IRA is a retirement account that is financed with physical gold, silver, platinum, or palladium.
Augusta Precious Metals is a trusted Gold IRA custodian that provides complete information on spending when setting up a Gold IRA account with them. If you choose to go this route, you can still get advice from the company’s gold and silver experts, get free and secure delivery, and full control of your precious metal assets. Instead, these companies require that you either transfer money from an existing IRA or withdraw money from an existing account and deposit it into a new IRA. A precious metal IRA is an individual retirement account that allows investors to hold a wide variety of gold and other precious metals.
In the past, the Internal Revenue Service only allowed American Eagle gold coins as stocks for IRAs. If you’d rather not invest in a gold IRA, you can also buy gold, silver, platinum, and palladium directly through this company. Any unofficial or unapproved storage facility or physical gold storage arrangement will result in your gold IRA being disqualified by the IRS. When it comes to your retirement, a gold IRA can add significant value, making your golden years shine.
Because of Noble Gold’s extensive network of partners and suppliers, customers receive competitive prices for gold purchases. We’ve researched 18 reputable companies that offer Gold IRA services and searched them for the highest consumer ratings from the Business Consumer Alliance (BCA).