The 5 Best Gold IRA Companies of 2024

Investing in precious metals is an option many Americans are choosing to diversify their retirement portfolios. By investing in gold, silver, platinum, or palladium today, you can help diminish the impact of economic volatility, and create a hedge against inflation.

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Diversify Your Portfolio

Invest in precious metals to diversify your assets. Create a hedge against inflation and watch your money grow.

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What Are Gold IRA Companies?

A gold IRA is a specialized Individual Retirement Account (IRA) through which a retirement saver can purchase physical gold invests in gold and other precious metals.

As with IRAs that own mainstream “paper” assets, your gold IRA is set up as a traditional, Roth, SIMPLE, or SEP IRA. The only meaningful difference is that retirement savers use a gold IRA to purchase physical gold and other precious metals, which typically isn’t possible with IRAs set up at banks and brokerages.       

Retirement savers can open a gold IRA through the firms listed here. These companies will assist individuals who want to roll over or transfer a portion of their current retirement accounts to a gold IRA.  

The two most common ways to fund a gold IRA are:

  • Rolling over or transferring a portion of existing retirement accounts – including 401(k)s and IRAs – into a gold IRA.    
  • Making a contribution, subject to both annual contribution limits and the minimum purchase requirements of a given gold IRA company.  

Getting Started With a Gold IRA

It’s really a straightforward process to open a gold IRA. Take a few minutes to complete the following three step procedures:

1) Determine which companies appeal most to you by going through our list of verified, top-rated gold IRA providers. Each company has different terms and some have bonus offers for new investors.

2) Request more information from your preferred gold IRA company through their website links, listed as “VISIT SITE” buttons on our list. Each company on this list has received excellent reviews for customer service and they will give you all the information you need including minimum purchase amounts and current offers.

3) Contact a company agent through the contact information listed on their website.

Diversifying Your Retirement Savings With Precious Metals

A gold IRA does not have to be limited to gold. In fact, the term “precious metals IRA” is a better description for the investment. 

The most popular assets in precious metals IRAs are gold and silver.

To get more information on what’s included in your precious metals IRA, you can speak to a representative with your preferred company.

Buying Gold Directly on a Cash Basis

Gold, silver, and other precious metals can do much more than just support your retirement account. 

Many gold IRA firms also offer precious metals for direct purchase on a cash basis.

Purchasing metals for cash outside of a tax-advantaged retirement plan affords the owner maximum control over his or her assets. 

In a direct purchase, the precious metals can be directly delivered to the client. The customer also has the option of requesting that the precious metals be sent to a vault or depository for professional safekeeping. This is not required for non-IRA metal assets, but customers still may prefer depository storage for their own peace of mind.

Customers frequently buy gold and other precious metals for a variety of reasons. They may want to:

  • Hedge their assets against rising inflation
  • Diversify their retirement savings and other long-term savings by adding precious metals
  • Reduce the potential impact to their wealth from geopolitical events

Frequently Asked Questions (FAQ)

Yes! Most gold IRA companies will help customers rollover funds from their 401(k), 403(b), 457, pensions, TSP accounts, traditional IRA, and/or Roth IRA into a specialized gold IRA.

For the most accurate pricing information, request a quote from the direct gold companies listed above. You can request a quote by clicking the “VISIT SITE” button in our chart.

All of the gold IRA companies listed on our site are reputable and legitimate businesses. It’s important to understand that every investment includes some kind of risk. Be sure you understand the risks associated with investing in gold or precious metals before making a transaction.

Some gold IRA companies will allow you to view your precious metals in their approved depository. As your precious metals are owned by your IRA, you cannot liquidate your assets until the age of 59 ½. Once you reach 59 ½, you can typically receive your assets in the form of a cash payment or physical precious metals.

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