Stephen Altrogge is a freelance writer located in Ashland, Ohio. He has been published in Entrepreneur, SUCCESS, Zapier, and numerous other large publications. He consumes too much caffeine on a daily basis.
There is no tougher decision to make with your retirement nest egg, then choosing the right and reputable gold IRA company that will help you safely rollover a portion of your funds to gold and silver.
After countless hours of research and working with companies directly, I've included the best gold IRA companies that I recommend and trust. (for any retiree or investor).
Goldco Precious Metals, by far, has the best gold and silver prices. This is an award-winning organization with high transparency standards, which makes it customer-centric. To experience this company’s great service, click on the link and see for yourself.
It's never too early to start saving for retirement, but deciding how you want to keep can sometimes be challenging. One of the more popular methods is investing in gold with an IRA, which can provide some great perks and have substantial long-term benefits as you begin your golden years.
If you're looking to diversify your retirement portfolio and put it in precious metals, you'll want to know which companies provide the best gold IRA companies so that you can get the most bang for your buck.
These companies offer high-quality gold and silver products and reliable storage methods that will help your investment grow over time, making them ideal candidates for you to buy gold from as part of your retirement plan.
The Best Gold IRAs for 2022
Comparison of the Best Gold IRA Companies
This company is different from the rest, because it has proven its commitment to exceptional one-on-one customer experiences, customer attentiveness, better prices than everyone else’s, and a full endorsement by Joe Montana.
Goldco is a renowned precious metals firm specializing in IRAs (Individual Retirement Accounts). The company has made a name for itself for its service transparency, low yearly rates, and excellent customer service.
The mission at Noble Gold is to give clients a safe and easy way to buy precious metals. They believe in honesty & increasing our client's investment value.
Since 2003, Birch Gold Group become a leading dealer of physical precious metals in the United States.
American Hartford Gold helps individuals and families invest in precious metals.
Advantage Gold is an investment firm that specializes in precious metals.
Regal Assets is a highly respected investment company that assists clients with alternative investment options.
The seven companies that made our list were selected based on several factors. First, they had to be fully accredited by an independent monitoring group.
They fully comply with established regulations designed to protect investors' interests. In addition, they must also be operating at a high level of service and reliability, ensuring safe and secure transactions for their customers.
Finally, we assessed all companies on their customer satisfaction ratings.
Detailed Reviews of the Best Gold IRA Companies
Find the best gold IRAs in these top-rated companies. See what you need to do today to start saving for your retirement.
1. Augusta Precious Metals - Best Overall
Augusta Precious Metals is known for best pricing, best customer service and attentiveness to its customers. It
has a reputation for high-quality account-lifetime support from a team that will help educate you. Augusta has offered educational opportunities to its clientele since 2012.
Citing celebrity clientele, such as hall-of-fame quarterback Joe Montana, and almost flawless ratings from the likes of Google Business, Facebook Business, the National Ethics Association, and the BBB, the company seeks to empower its customers to take action and protect their savings with transparent, friendly, streamlined assistance.
Unlike most companies, Augusta Precious Metals has ZERO negative reviews in any consumer website throughout its 10 years of business, which indicates its truly superior service to Americans.
Augusta offers four departments devoted to giving you the best customer experience: a customer success agent, an economic analytics team that educates you on the market and physical gold and silver, a processing team that handles 95 percent of the paperwork with you, and the order desk, which lets you choose metals like gold and silver bullion and coins.
Augusta customers have the benefit of working one-on-one with Devlyn Steele, its Harvard-educated director of education, and a friendly, professional team of educators.
2. Goldco - Best Pricing
Goldco Precious Metals offers a self-directed gold Individual Retirement Account, which is an investment tool, as well as a direct purchase of gold. Goldco was founded in 2006, giving it longevity, even among competitors.
When you sign up, a Goldco IRA account executive helps you start the process and meet your investment goals. Goldco also gives you the privilege to invest in silver IRAs. Not only that, they give collectors and investors the ability to purchase gold bullion as well as gold and silver coins.
The company has an A+ rating from the Better Business Bureau and has been ranked by Inc. 5000 as one of the fastest-growing privately-owned companies in the U.S.
3. Noble Gold Investments - Best Customer Education
Based in Pasadena, California, Noble Gold Investments provides a safe and easy way to invest in gold. The company volunteers to protect your future by offering a gold IRA account and acquiring and storing bullion in their Texas-based depository.
The International Depository Services is the site that physically stores your gold. However, the company still offers the same gold IRA rollover process, transforming your retirement account into a gold IRA.
You can get a gold survival pack delivered to you, or have it forwarded, or collect it in person if your circumstances require. With favorable ratings from the Better Business Bureau, Consumer Affairs Accredited, and Business Consumer Alliance, Noble Gold Investments’ reputation is solid.
Noble Gold Investments also promotes education of how gold investment and IRAs work, offering a free kit explaining the process to its clients.
4. Birch Gold Group - Best Customer Empowerment
Birch Gold Group believes in empowering its clients to meet all objectives and motivations when investing in gold. The company offers educational resources, empathetic customer service, and an ethical and transparent process.
Birch Gold was founded way back in 2003 and still keeps a stellar reputation, even having a celebrity clientele list, including Ben Shapiro. Located in Burbank, California, the company shows its high rankings with the BBB, Google Business, and Consumer Affairs.
You can chat with a specialist who will explain the latest news in the stock market and how it might affect gold prices and your IRA. The thorough process empowers you to make educated decisions about retirement goals, fully understanding the risks and growth potential.
5. American Hartford Gold - Best Client Satisfaction
American Hartford Gold was started with the intent to help Americans avoid market volatility after retirement. With high ratings from the Business Consumer Alliance and Google Business, they have a fine reputation.
The company even received the Better Business Bureau's annual five-star rating three times in a row. Hartford Gold provides research and education and market news, and a consultation with a Senior Portfolio Manager who helps teach you about the market.
The company helps clients establish a gold IRA account with a qualified custodian, with no tax penalties.
Hartford Gold also features gold coins on-site and has been featured on mainstream news sites like Forbes, Fox News, and The Wall Street Journal.
The company is also actively involved in charity, giving to three veteran organizations with its profits.
6. Advantage Gold - Best Customer Service
Advantage Gold claims to be the industry leader in precious metal IRA rollovers, and since the company won the Best of TrustLink Prize three years in a row, it's hard to deny their success.
The Los Angeles-based company can convert IRA or 401k accounts into gold and educate clients during every step of the way.
The customer service for Advantage Gold has been ranked high, not only for generous buyback policies, but also for promptness, full-service customer assistance, and thousands of positive reviews.
Not only does the company have a favorable rating from the Better Business Bureau, but they also verify gold IRA positive reviews by way of TrustLink and TrustPilot.
7. Regal Assets - Best Service Offerings
Regal Assets claims to have one of the "highest rating profiles" in the industry for its almost ten-year history, citing praise from Inc 500, Forbes, Bloomberg, Huffington Post, and even celebrities like Dennis Miller and Laura Ingraham.
The company helps clients transfer IRA or 401k accounts and 403(b), SEP, and TSP plans. What makes Regal Assets unique is that clients get additional product offerings not available elsewhere.
You can get segregated metal storage worldwide at a low cost (no shared ownership), fully insured assets, as well as the right to have gold bullion delivered to your front door anywhere in the world since affiliated vaults are located in various worldwide cities.
You also get a low flat rate for your account's life, not a percentage of your investment. These products, along with full-time surveillance and guarded vault protection, make Regal one of the world's most recognized gold investment firms.
We made a video review so you can see the gold IRA companies for yourself! Watch it below or on our Youtube channel (and be sure to subscribe once you’re there).
Benefits of Owning Gold & Silver in Your IRA
Investing in precious metals such as gold and silver IRAs can be a very safe and profitable way to diversify your portfolio and protect your assets, significantly if you're already contributing to an IRA.
Many people already contribute to their IRAs but don't realize how much more benefit they could get by adding gold and silver.
Provides Tax benefits
In addition to giving investors access to precious metals, these retirement accounts provide tax benefits when purchasing bullion.
When you buy gold or silver for your self-directed IRA, you can avoid capital gains taxes by taking a tax deduction on top of deferring taxes until a later date.
Investing in precious metals through your self-directed IRA is an efficient and legal way to profit from price increases while benefiting from tax savings.
Precious metals have long been considered an effective way to diversify a portfolio as part of a holistic approach to wealth management. You'll earn an income stream through dividends, and as prices rise or fall, you'll make money on your investments.
What makes precious metals so attractive as an investment in their long-term stability. Although their prices can fluctuate, gold and silver are a solid foundation for your portfolio.
As inflation hits our currency, precious metals will continue to hold value over time. Of course, with that comes more risk than other investments.
Even if you're a good investor, there's no guarantee your portfolio will hold its value when you need to withdraw funds for retirement. But by holding physical gold and silver, you have stability for your future.
With precious metals like gold and silver, the price can go up over time. These metals gain more value as worldwide demand increases.
Provides Great control of Assets
When you have gold and silver assets in your possession, you have complete control over them and can sell or trade them as needed. If you own precious metals, nobody else has any rights to them.
You also get an immense potential for future profits since precious metals and crypto-assets prices usually rise compared with conventional currencies.
How to Open a Gold IRA Account
Opening a gold IRA or precious metals IRA account is a learning curve, and it's easy to get lost in the steps you need to take.
1. Choose a Precious Metals Dealer
When searching for a precious metals dealer, look at reputable companies that have been in business for several years. These will be much easier to deal with if you ever have any problems or concerns.
Once you've selected a company, call them and set up an appointment to visit their office. At your meeting, please take note of their appearance, knowledge of gold investing, and overall professionalism.
2. Check The Requirements
Before opening an account, make sure you're eligible. If you're interested in putting your IRA into physical gold or silver, be sure to speak with your financial advisor about setting up your account.
Note that there may be different options available to you depending on where you live. Whatever investment strategy you choose, it's essential to do so responsibly.
3. Fund Your Account
Most firms that offer gold IRAs will require you to fund your account with a minimum amount of money, for example, $5,000. If you're opening an account with another firm, such as another kind of retirement account or brokerage account, it may allow you to transfer money into your new gold IRA.
Please note that there may be restrictions on how much you can transfer. You can also open a gold IRA in conjunction with an existing retirement account by depositing additional funds into your current plan.
4. Purchase Precious Metals for Storage
Selecting a custodian specializing in gold IRAs is vital to ensure proper protection. Make sure to do your research and due diligence when selecting an IRA custodian.
Your broker or bank must have experience dealing with precious metals such as gold and silver. As these are more complex commodities to deal with, you must work closely with those who do business in them frequently.
Once you have found your preferred custodian and created an account, you will want to purchase precious metals through them. A common way that people invest in physical gold is with one-ounce gold coins such as American Eagles or Canadian Maple Leafs.
5. Complete the Transaction or Rollover
After everything is taken care of, you can get your gold. The dealer will then schedule an appointment with you to select your bars or coins.
Most companies will hold one or two inventory days to bring in their available products.
Investing in precious metals through an IRA can be a wise decision if you want to make sure that your money keeps its value over time or if you're going to hedge against inflation and the possibility of global financial instability.
Gold IRA FAQ's
A gold-based Individual Retirement Account works similarly to any other Individual Retirement Account. The only difference between a gold-based IRA and a traditional or Roth account is how you purchase, store, and sell your assets.
The way you contribute and withdraw money from your account is handled just like any other type of retirement account.
When deciding between bullion and coins, it comes down to how much money you want in physical metal. Coins tend to be worth more on an ounce-for-ounce basis than bullion with higher premiums over the spot price.
It's always a good idea to diversify your portfolio and invest in precious metals alongside stocks, bonds, mutual funds, and other forms of savings.
A general rule of thumb is 10-20% in gold and silver, but you should adjust your percentage based on your investment goals.
You can either opt for a vaulted self-storage solution or work with a third party who will provide storage and security. However, it is best to opt for a self-storage option in most cases as you have more control over your assets.
Augusta Precious Metals
Augusta is one of the leading provider of precious metals IRA's. They pride themselves in customer service and the ability to help individuals diversify their retirement accounts.