Welcome to topgoldiracompanies.com where you will find unbiased insightful reviews of the top gold IRA companies and what they can offer you. Inside you will find useful tips and information that will enable you to make a properly informed decision about your retirement investment plan.
Also, you will find great tips on how to convert your 401k into a secured precious metal IRA investment.
If you are looking for a better way to secure your 401k investment in today’s volatilities, we can tell you now that there is no better way to do so than investing in Gold Individual Retirement Account (Gold IRA). Top investors, billionaires, high network individuals, and even government are investing in Gold and other precious metal bullions because it creates room for a well-diversified investment portfolio.
We launched topgoldiracompanies.com as a website where folks like you can get all the information they need before converting their 401k, IRA, Annuity, or other eligibilities into a backed Gold IRA plan.
What Is A Gold IRA
Just in case you asked, a Gold Individual Retirement Account (Gold IRA) according to Wikipedia:
“A gold IRA or precious metals IRA is an Individual Retirement Account in which physical gold or other approved precious metals are held in custody for the benefit of the IRA account owner. It functions the same as a regular IRA, only instead of holding paper assets, it holds physical bullion coins or bars. Precious metals IRAs are usually self-directed IRAs, a type of IRA where the custodian allows more diverse investments to be held in the account. Gold self-directed IRAs can include other types of retirement accounts such as Roth IRAs, SEP-IRA, SIMPLE IRA, HSA, Thrift Savings Plan (TSP), and 401(k)s”.
No one can put a gold IRA definition better than that. If you are looking to hedge against inflation or diversifying your investment portfolio, gold IRA and precious metal IRA is the right choice. This process is known as a gold IRA rollover. Here you will find the best tips and guides to do just that.
The Pecks of Gold IRA Rollover (Also Know As Precious Metal IRA)
The 2008 recession was a mess. It was devastating. The housing market and house prices plummeted with damaging effects. Stocks and bonds couldn’t be relied on anymore. World currency values dropped with devastating effects, All major markets index were on red and at their lowest.
Everyone was affected. Governments, banks, individuals, everyone bore the grunt. In fact, it was a bloody mess and a wake-up call. The only people that hold their heads above the waters were those who previously converted their 401k investment into a Gold IRA portfolio.
This screenshot is a 1 year Gold Price Chat that is updated every 10 minutes in real-time. You can go as far back as 10 years or 7 days to ascertain your gold chat request. Source: Regal Assets
Hence everyone, including the government and businesses are looking for ways to shield themselves from such market calamity and precious metals like Gold, Silver, Platinum, and Palladium were the best and safest choice.
Top 7 Reason Why Buying Gold Is The Best Decision For Your Retirement Plan
#1. Limited Supply Of Gold
First, it takes a good ten to twelve years to add new gold into the making hence it isn’t something that can be printed like cash or manufactured. Secondly, look at it this way; National bank purchasing power Vs business sector dictates plus mining regulations and storage equals to gold will continue to be limited in supply.
#2. Is Your Financial Future Secure?
This is one ugly question everyone is avoiding because, without retirement living plans, it can be scary. How is your future investment looking? Are your 401k plans backed by IRA? Gold IRA is the most secure and profitable way to diversify your investment. It is called the gold IRA rollover. And the top gold IRA companies we researched and reviewed on this website are the best in doing so.
#3. Security That Comes With Investing In Gold
Well, we believe that no one will want to revisit the 2008 global recession or have a repeat experience. What happened was a wake-up call to everyone including the banks, government, us and you. The best-secured investment one can make is to invest in gold. So converting your 401k into a gold-backed IRA could be the best investment decision you will ever make yet.
#4. Demand For Gold
Right now, India and China are the biggest purchasers of gold and other precious metals in the world. They swallowed 52% of the world’s gold in 2010. And in 2011, increases in demand from China and India have driven a 7.5 percent increase in demand for gold jewelry during the first half of the year, despite a 25 percent increase in the price.
In early 2013, they single-handedly purchased gold and other precious metals equivalent of 15 hundred tons. And they are still buying gold up till today. Therefore the sooner you start investing in gold the better. Looking to put more of your investment portfolio in gold and precious metals? You are at the right place.
#5. Retirement Plan Cap Help
With gold, it doesn’t matter what income level you are on, it will continue to appreciate, be stable and yield more returns. Those that earn more income and pay more taxes will no longer have only a limited set of tools to help fund their retirements. By investing in gold, you can set up a nice retirement for your future. And take advantage of the tax benefit.
#6. Drop-In Currency Protection
Due to the previous recession and the looming current global economic meltdown, plus other macro and microeconomic circumstances, the dollar is no longer as strong as it used to be. The current precarious international trade standoff between the US and China is not helping currency protection either. Since the Brexit trend started, the Pounds Sterling has taken more hit than punching a bag and so is the Euro currency.
This is why investing in gold can help protect against currency back-drop. The volatility is too high and unpredictable plus you do not need the headache, to be honest.
#7. Impressive Returns With Continuity
Gold has over the years impressed on awesome long term returns. 10 years before 2001, precious metal prices jumped from a low $225 to a whopping $1900 returning over 700% per investment. This was in the face of turbulence global economy, interest rates, cost, and other volatilities in both stocks and currencies. Today, the market is still at the same growth rate with similar returns.
Investing in gold IRA now could enable you to enjoy the financial strength and growth that is widely associated with converting 401k precious metal IRA backed portfolio.
15 Questions To Ask Before Choosing a Gold IRA Company
This is purely for your own protection. Like any other industry out there, precious metal investment companies have good ones and bad ones out there. And you are doing the right thing by reading reviews like this before choosing any gold IRA company to work with.
It is also very important to point out that some of these gold IRA companies may or might not have all the answers you are looking for outrightly, hence please do your own digging. Even though we have taken the time to research and review most of these companies, your research can help you more.
To be able to find the best gold IRA company, it is important that you asked them similar questions below.
We have researched these questions, tested it and it has proven to get the best result so far. Now the answers you will get may vary from our findings but these should guide you on whether you want to work with them or not.
1. What Type Of Storage Facility Do You Have In Place For My Gold?
If they say bullion facility highly secured and none shareable storage spot then you are in good hands. If they say “no” but they have private storage or home storage and you get to share these storage spots with other investors please drop the phone.
Private home storage is not fully legal yet. It is a grey area and you may unexpectedly incur some negative tax implications. Simple, if you do not know much about home storage, do not bother.
2. What Is The Cost of Storage?
This is very simple. Go with a company that has a flat storage fee. That way you don’t see mushroom fees popping up once your fund starts yielding or if you decide to increase your fund. Some companies have a storage fee alright but they also had a “hidden” clause on scale fee that increases your fee once you go over the flat fee limit. The company we recommend below has a simple flat fee.
3. IRA Set Up Fee Is Precisely How Much?
This is very important as you wouldn’t want fees and extra costs and charges to swallow up your yield or returns. Some gold IRA companies out there will charge you extra fees for the initial year plus other administrative charges. Some has scaled fee in place or hidden in their engagement letter which can cost you more as your investment grows.
The company we recommend below charges a flat fee and they will pay for your administrative cost for the first year.
4. How Long Have You Been In Business?
Like everything in business, longevity matters. This is because longevity adds value and shows that a company that has been around for long has survived several micro and macroeconomic ups and downs.
Its track records over the years should be able to give you a glimpse of their stability. Those with bad historical records should be avoided in the first place.
5. What Are Your Customers Saying About You?
This should be simple to obtain. Scroll the internet, Google the crap out of them before you pick up the phone. Ask them what their customers say about them. Those with good customer reviews and track record of longevity in business should be the one to choose.
6. Gold Prices. What Are Yours?
It is very imperative that you do a thorough gold price check online before you invest with any gold IRA company. We found out that a common mistake newbie gold investors make is not double-checking on the company’s quoted price against the current gold price. Don’t fall victim to unscrutinized charges.
7. Gold IRA Rollover Or 401K Transfer. What Is Your Best Shot On That?
This question will enable you to know how experienced they are. Money and trust is something that has to build and cultivate. Not automatic. Do not trust your money with some half baked analyst or self-claimed professional. Go with an experienced professional financial investment analyst who is well experienced in the world of gold IRA rollover and transfer.
The company should be able to hire the best in the business. When you speak to them you should be able to know if you are in a safe hand or not.
8. Precious Metals. What Type Should I Invest In?
Yes, this question may automatically place you as a newbie but at the same time it will open up room for you to find out if you are about to be scammed.
First, be sure to invest in precious metal that is legally approved by the law and with a trusted gold IRA custodian. As at current, only a handful of gold, silver platinum, and palladium bullion and coin are legally allowed to be held in an IRA account.
Secondly, some sales reps are fast talkers and will try to sell you something out of these ranges just to score a dicey commission. Do not let anyone talk you into investing “shit” you do not know about. Simple as that.
9. Where Would You Store My Gold
You should avoid companies that have what is called a “co-mingled” storage option at all costs. It means you will be sharing a storage spot with other investors. Small and newbie gold IRA companies often chose this method of the storage system because it is cheaper and cost-effective for them. But it is not the best option for you.
Reputable top gold IRA companies will give you a segregated storage option which means your gold will be stored separately from others. And at a far more better bullion storage facility.
10. Do You Have A Buyback Policy?
You should ask them if they have a buyback policy and if they do, what are the small prints (terms and conditions). Being able to have your gold converted into cash in no time by your gold IRA company means flexibility and confidence. Should you need cash urgently, they should buy your gold back at market value and deposit your money back to your account in accordance with regulations in no time.
The company we recommend has an excellent buyback policy.
11. 401K/Gold IRA Rollover. How Long Does It Take To Process?
In today’s fast-paced technology, there is no excuse or reason for any company to process a 401k/IRA transfer beyond 48hours. If they stall, simply cancel and walk away with your money. Insufficient internal structure and lack of a solid foundation can be dictated from unnecessary stalling. Keep your eye peeled and always do your due diligence.
12. How Responsive Is Your Customer Service?
This question is usually one of the most important because it concerns you. We ask this question with intent to get a feel of how they treat their customers from start to finish and so should you.
Check for availability of the company online presence, contact forms, phone number/s, contact email, help desk/support team, how long does it take to get respond, level of communication, etc.
Avoid unresponsive gold IRA companies who do not value your time. Find out how often you will be kept updated. Is there an agent who will be handling your investment and can be reached 24/7? Are the contact number and email address up to date?
You have to ask these questions and get as much information as you can because it is your hard-earned money that is on board.
13. Will I Pay Extra Fee When And If I Sell My Precious Metals Back To You?
Good question. Some gold IRA companies will charge you additional unscrupulous fees when you sell your precious metal back and you will. And also make sure they will even agree with the buyback from the start. The company we recommend will never charge you a fee for liquidating your precious metals and they have never refused to buyback a client’s gold and other precious metals before.
14. How Long Does It Take To Ship My Precious Metal?
For a top gold IRA company, the standard is 7 working business days. Anything more than that should raise an alarm. Unless there are some unforeseen circumstances that are beyond anyone’s control. Something like the art of God. Which will now lead to the last but not the least question.
15. Have You Got Insurance And To The Tune of How Much Cover?
You got that right. In an event of loss, theft, and unforeseen condition, how much is the insurance cover? How comprehensive it is? How protected are you with your precious metals? The company we recommend is insured by Brinks and their Cryptos are insured by Lloyds of London for up to $20million. That translates to security, confidence, and peace of mind.
Top 4 Complaints From The Best Rating Websites
1. Forceful Sales Tactics
Otherwise known as an aggressive sales tactic is quite common but can be easily dictated. Lots of similar complains to the rating body ranges from folks getting 5 to 10 phone calls a day from agents who are aggressively trying to close you. It is okay as they have to work for their commission but that is not an excuse to rush you into making a life-changing financial decision.
This is why we recommend Regal Assets. There are no pushy sales here. They will assign you one expert who will literally take you by the hand all the way throughout your gold IRA rollover process.
2. Sales Reps Pushing None IRA Approved Precious Metal Because of High Commission
Not all precious metals are legal to sell and or regulated by the authority. But there has been complainings about fast-talking sale reps trying to push all sort of metals to folks just because they want a fat commission after the sale. Always do your research and monitor rating websites like BBB and TrustLink often for the latest updates before you invest.
3. Sales Rep Trying To Sell You Collectible Coins At a Premium Price
The problem with this is that by buying these “hyper bullion” you will end up having less gold on hold and some of these coins are very had to liquidate during recession or crisis. This scam happens every day to new and intermediate investors just like you. Regal Assets reps will never do that. That said, please always do your own research.
4. The Feeling You Have Been Taken By a Fast Talking Sales Representative
You picked up the phone to speak to someone, you haven’t even altered a word and in the first 10 minutes, you have been sold a fantastic offer. Now after committing yourself, you decide to do a little digging around on the net. Then you discovered you have been sold into something that arent going to give you the best returns. If you notice a fast-talker on the other end of the phone in the first 3 minutes please just hang up and keep researching.
What Gold IRA Company Do We Recommend?
You can give them a call here – 1 877 962 1133
After all our digging and insightful researching, the number one top gold IRA company we recommend is Regal Assets for the following reasons below:
Regal Assets make transferring or converting your 401k retirement account into a gold IRA very easy. They offer 7-day guarantee shipping for direct purchases of gold and other precious metals. They also offer off-shore storage which can help you reduce costs and they can buy back your gold so you can have your money back in your bank account within 24hrs.
Regal Assets Products And Services
Gold Bullion: Purchase gold bars weighing from 1 gram to 1 kilo, also includes popular 10 ounces 99.99% pure gold bars from the Swiss National Bank with an embossed finish.
Gold Coins: Gold American Eagle and American Buffalo coins, plus Canadian Maple Leaf coins, Austrian Philharmonic, Chinese Panda, South African Krugerrand, and Gold Britannia coins are available.
Merchant Package: For the individual who wants to invest in precious metals, this $5,000 reserve of gold or silver can be liquidated at any time.
Knighthood Package: A package designed for an investor with a family, this $10,000 security of gold or silver can be liquidated to support a family of four for an average of three months.
Customer Education: Provides free resources to keep investors informed.
Storage: Local and overseas options.
Options to convert your 401k into crypto IRA. Their crypto account is covered to the tune of $2.5million per account in an event of a breach, hack, or stolen by Lloyds of London. Meaning you ave nothing to worry about.
Other Reasons Why Recommend Regal Assets
Industry Leading Storage and Fee Structure
– All of their storage is segregated – they use Brinks. That way your precious metals are not mixed with other account holders. They have a flat fee of $150/year (the first year waived) while other companies charge $225/year and don’t offer segregated storage. Some companies charge more for co-mingled storage than Regal Assets does for segregated.
Flat Fees vs. Scaling Fees from Competitors
– Regal Assets’ administration fees for the year on all retirement accounts are a flat $100.00. Plus you nothing for the first year.
Regal Assets Will Pay First Year Dues For New Retirement Accounts
– This includes the setup fee, administration fee, storage fees and the delivery of metals. This alone is a saving of at least $500, which most competitors charge you for.
Industry Leading Processing Time
– One of the few – if not the only one – that does everything electronically. This means that the client can sign everything electronically and does not have to hand sign any documents. When transferring the requested funds from a custodian – it typically gets done in less than 48hs business hours.
Regal Assets Gives You One Account That You Can Use For Both Gold IRA and Crypto Trading
– This they do without charging you separate fees and charges for separate accounts. A lot of other companies do this. Separate account means more fees and charges for them. Not good for you.
Regal Assets positively meets all the expectations that the queries above are asking for. It has been a prominent name in the industry for so long and has always maintained an excellent track record, with lots of praising customer testimonials. The company’s gold prices are very near market standards, and its shipping and processing times are excellent.
Regal Assets Testimonials
Regal Assets have provided outstanding customer service to their clients and it has earned them a 99.9% client satisfaction rating. The following testimonials have been verified by the TrustLink staff by validating all emails and speaking to the clients personally on the phone
There are more than a few of these testimonies here that you read up and see what Regal Assets customers are saying. The screenshot below is an example:
Excellent customer service with 1069 and counting positive reviews on TrustLink.
Regal Assets Ranked At No. 20 Inc. 500
Regal Assets ranked at no. 20 in the United States for financial services as Inc. Magazine opens its 32nd annual list of fortune 500.
Regal Assets BBB Rating.
Regal Assets enjoyed the BBB A+ rating through 2013. However, there was a recent advertisement issue and three complaints in the last 7 years.
When we did more digging, we discovered that these complaints were resolved by Regal Assets and the customer closed the issue with a satisfactory resolution.
Then we did more digging and saw an advertisement issue and Logo issue which resulted in BBB F rating the company. Regal Asset is currently on top of this and is getting it resolved. We will promptly update our article to reflect the resolution soon as it is done.
BBB also mentioned on their website that “customer reviews are not used in the calculation of BBB rating” meaning the F rating for may have emanated from the advertisement, log issue, and the three complaints.
When choosing a company it is important to check for these complaints and most importantly, check to see how the company responded or resolved it.
Regal Asset answered all three complaints and working on resolving the BBB rating issue. Overall, the company has assisted thousands of happy clients as you can see on TrustLink.
No company is perfect and that is why you have to look for the companies that have fewer complaints and were able to respond and resolve it just like Regal Asset on BBB rating.
Other Gold IRA Companies We Reviewed But Choose Not To Work With
Birch Gold Group
Get up to $10,000 in free gold and silver with qualifying purchases. In-house IRA department focused on Precious Metal IRAs. $90 initial setup fee with first-year fees paid on transfers over $50,000.
Online bullion dealer with $100 minimum investment required. Annual fees of $75 for accounts under $100,000, and $125 for those over. Setup fee of $50. Storage preferred through A-M Global Logistics. Fees vary by amount and type.
A large-scale precious metal provider with more than 400 IRA-approved products, including collectibles. Minimum $2,000 investment required. Annual fees are $75. The setup fee is $50. Delaware Depository storage starts at $100 a year. Read full APMEX review here.
Broad Financial Company
Fidelity Gold IRA
Gold Star Trust Company
Lexi Capital Company: On of the best. Read the full review here.
Heritage Gold Group
Morgan Gold Company
Sterling Trust Company
Merit Gold Company
Review of Top IRA Gold Companies – Our Final Thought
We once again thank you for taking the time to read this review up this stage. We told you our intent from start and that is to show you our unbiased findings,
You have seen top reasons why you should invest in gold now or convert your 401k investment into gold IRA.
We have enumerated the top popular questions you should ask any company you are considering. These will work well. We tested these questions by asking them during our research for this review.
We showed you the top 4 complaints that are popular among others in the world of gold investment and gold IRA retirement plan. These complaints can be found on websites of world top rating bodies like BBB, BCA, RIPOFF, and TrustLink.
You have seen the top gold IRA company we recommended and why we recommend it. The above list of gold IRA companies is a good recommend too but you have to ask yourself where can you get the best out of your money?
Investing in gold or transferring part of your 401k investment should be the biggest decision you will ever make. Read a lot of reviews, do thorough due diligence, pick the phone call them up, and ask plenty of questions.
You need a gold IRA company that will put your interest first, hold you by the hand literally, and guide you through all the steps of your 401k transfer or your first-time investment.
- Flat fee on storage and administration.
- Better storage facilities, no co-mingling, and you share with no one.
- Both local and oversea storage that comes with tax benefits.
- Insured by Brinks.
- Timely delivery of your products with 7 working days or less.
- Near to zero complaints across major rating platforms.
- A flat administration fee, no scaling fees and your first year are free paid for by Regal Assets.
- Team of professionals who will listen and respond to your needs and guide you appropriately.
- Free gold investment kits.
- Free gold IRA investment kit.
- Free cryptocurrency investment information.
- Free gold scam report. (This is a must-read).
- No pushy sales agents trying to close you faster than you can say hello.
- No scam, no call bait, no forced selling, and no flogging of unregulated coin bullions and other precious metal investments.
- Clear information on the website, proper free toll phone number to call any time, and live chat to speak to a professional representative 24/7.
- Great track records, historical background, and awards.
- Able to respond and resolve complaints timely on the rating website.
- A thousand and sixty-nine and counting positive reviews on TrustLink.
You can read our full insightful and unbiased Regal Assets Review here.
Give them a call here 1 877 962 1133 now. They have a free toll number you can use to reach their experts it’s open 24/7.
If you are thinking of rolling over your 401k to gold-backed investment, you can click the button below to get the FREE gold IRA kit that comes with a FREE Forbes issue.
The free guide is called “Rollover your IRA or 401k into recession-proof and inflation-proof gold and silver”.
Did we miss anything? Have you used any of these companies for your gold IRA? Do you have any questions or comment you may want to share? Please do so in the box below and we will get back to you promptly. If you enjoyed this review of top gold IRA companies please do help us share the heck out of it so others can benefit. Thank you.