Best Gold IRA Companies
If you need help researching and opening a gold and/or silver IRA, you're in the right place.
Deciding to rollover a portion of your IRA, 401(k), 403(b) or TSP into physical gold and silver is a wise decision, in our opinion. There are countless companies that can set up a physical gold IRA for you, but as you might suspect, there are important factors to consider when choosing a gold IRA company.
Our advice is simple - don't go with just any company! Take your time and do your due diligence.
To help you narrow down your search for the top Gold IRA company, we’ve done comprehensive research by working with representatives from each of the top companies to determine the best overall company that we're able to recommend.
It is no wonder that many people are turning to gold or silver. Especially for investors closer to retirement or in retirement - the headlines of extreme inflation, war, dropping stocks and dropping cryptocurrency prices - are not easy to stomach.
Precious metals are an asset class that tend to hold value when other classes drop. Historically, gold has been the primary investment that many seek for a safe haven and more recently the prices for silver have led to an increase in silver interest. Other precious metals that investors consider are palladium and platinum but these are not as common so many investors simply focus on gold and silver.
The purpose of this article is to do a comprehensive review of the top three Gold IRA companies. Educational material is also included to help you understand what to look for and why. After a comprehensive review, Augusta Precious Metals ranked as the top Gold IRA company due to the most transparent fee structure and clear educational resources.
How does a Gold IRA work?
A pre-tax traditional Individual Retirement Account (IRA) allows you to contribute to a retirement account on a pre-tax basis, get tax-deferred growth, and then your contributions and earnings are taxed as ordinary income when you withdraw funds.
A post-tax Roth IRA, on the other hand, has post-tax contributions, tax-deferred growth, and tax-free withdrawals.
Withdrawals before age 59.5 for both Traditional IRAs and Roth IRAs result in tax penalties in many cases.A Gold IRA is a self-directed IRA where you get to decide what to purchase.
Self-directed IRAs are not limited to traditional financial products like stocks, bonds, mutual funds and exchange-traded funds (ETFs).
A Gold IRA is different from a regular IRA because it can hold physical precious metals instead of only precious metal funds, which may or not accurately track that value of the underlying metal they represent and may have higher fees.
GoldAdvocacyGroup.org is a free online resource that caters specifically to those who are seeking helpful comparison information regarding precious metals. Please be advised that the operator of this site accepts advertising compensation from companies that appear on the site, and such compensation may impact the overall rating & recommendation as well as the location and order in which the companies (and/or their products) appear on the GoldAdvocacyGroup.org site.
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GoldAdvocacyGroup.org is a free online resource that caters specifically to those who are seeking helpful comparison information regarding precious metals. Please be advised that the operator of this site accepts advertising compensation from companies that appear on the site, and such compensation may impact the overall rating & recommendation as well as the location and order in which the companies (and/or their products) appear on the GoldAdvocacyGroup.org website.