The 5 Best Gold IRA Companies in 2022
September 25, 2022 - Written by Raymond Carnell
Though many investors favor traditional IRAs, savvy investors are now turning towards precious metals. Keep reading to learn more about the benefits of investing in a gold IRA and the best providers to work with.
#1 Best Customer Feedback
Augusta Precious Metals
Rated 4.9/5 Stars Overall
#2 Best Pricing
Goldco Precious Metals
Rated 4.8/5 Stars Overall
#3 Best Buyback Program
American Hartford Gold
Rated 4.6/5 Stars Overall
For centuries precious metals have been a trusted store of value, and to this day are still a great way to secure your retirement. Not only do precious metals like gold and silver have intrinsic value, but they also have a finite supply.
Unlike fiat currency, gold is not at risk of losing its value - the long-regarded store of wealth, inherent value, and independence from the stock market make gold and silver great methods to hedge against the current risks we all face in today's financial market.
Over the past couple decades, we have seen some retirement portfolios lose a large chunk of its value, with no way to get it back. Fortunately, more and more investors are learning about gold IRAs and the tax benefits, diversification, and stability they offer.
With the desire to diversify and move out of the stock market & US dollar, precious metals turn out to be a more robust and safe option than most think.
Of course, as with any investment, you need to make sure your money is going into the right hands. Below we detail the 5 best gold IRA companies on the market that stand out for return customers, business ratings & reviews, and reliable systems.
The Best Gold IRA Companies for 2022
#1 Augusta Precious Metals
Best Customer Feedback
#2 Goldco Precious Metals
#3 American Hartford Gold
Best Buyback Program
#4 Birch Gold Group
Best Education Options
#5 Noble Gold Investments
#1 Best Client Feedback
#2 Best Pricing
#3 Best Buyback Program
#4 Best Education Options
#5 Lowest Minimum
#1 Augusta Precious Metals - Best Customer Feedback
*Best customer feedback
*Unique educational web conference
*No complaints since inception
Augusta Precious Metals has a stellar reputation, and they have thousands of satisfied customers to back up their claims. They have a customer-centric approach that makes opening an IRA account easy, and they have an expansive website with all the information you need. The company is even endorsed by former NFL quarterback Joe Montana, who is an ambassador for Augusta Precious Metals and a huge fan of the company.
Augusta has a professional team that understands the unique needs of investors. Customers will be paired with a customer success agent who will guide them through the entire process and respond to questions as they arise. Customers will also appreciate the fact that Augusta specializes in gold IRAs and offers competitive prices on precious metals. In addition, Augusta has an impressive track record of customer loyalty, resulting in high ratings on a number of respected rating platforms.
Augusta Precious Metals has an impressive range of investment options, including physical gold and silver bullion. They also offer multiple types of gold coins. This vast selection of investment options makes Augusta Precious Metals one of the best gold IRA companies.
Augusta custodians charge a low $50 setup fee and $80 annually for custodial services. They also recommend using a Delaware depository for IRAs, which is insured by Lloyds of London for $1 billion in case of theft. However, customers are free to choose from other depositories if they wish.
If you're looking for a safe, reliable investment option, precious metals are an excellent way to protect your investments from inflation. They are in high demand and hard to obtain, making them an ideal hedge against inflation. In addition to being valuable, precious metals also serve as a hedge against the risk of economic crisis.
#2 Goldco - Best Pricing & Customer Service
*Best Customer Service
Goldco is a reputable company with a number of benefits to offer investors. This company specializes in selling IRAs that hold gold and silver. It also has a buyback program that allows investors to sell off their gold and silver with minimal hassle. The company also offers storage facilities that meet the IRS requirements.
Goldco charges no annual fee for first-time members and no maintenance fees after reaching $50,000 in their IRA. They also offer low-cost storage options for your coins, which are kept in a non-segregated vault. This ensures that the value of your assets is preserved. However, you should keep in mind that you will have to pay an annual fee for insurance and maintenance.
This company also provides a 24/7 customer service team, which can answer all your questions and assist you throughout the process. It also maintains an active blog with educational articles and resources. Customers can also enjoy attractive incentives like 5%-10% back in silver coins if they order $50,000 or more.
The company has a solid reputation with clients, with an A+ rating from the Better Business Bureau and more than 80,000 positive reviews on Trustpilot. Clients appreciate the company's honesty, friendly staff, and ease of account setup. In addition, it has been recognized by Stevie Awards as "Company of the Year" for 2021, and has been an INC 5000 member for five years. It is even endorsed by Sean Hannity, a well-known radio host.
#3 American Hartford Gold - Best Buyback Program
*Best buyback program
*Low minimum investment
*Best brand recognition
Located in Los Angeles, American Hartford Gold is a family-owned business that helps individuals and families invest in precious metals. They offer both physical delivery to your door and delivery within your retirement account. Through their extensive knowledge of the precious metals market and historical perspective, they empower clients to make wise investments for their future.
The company prides itself on providing superior customer service in every transaction. This commitment is reflected in the A+ rating they received from the Better Business Bureau. In addition, American Hartford Gold was named the #1 Gold Company in Inc 5000's 2021 list of fastest growing US private companies. In addition, the company has gained high-profile endorsements, including those of Bill O'Reilly, the legendary TV host. Additionally, they are proud sponsors of NASCAR, a sports league that emphasizes high-quality performance.
American Hartford Gold offers an online platform that allows investors to buy and sell gold and other precious metals. Individuals can invest in gold, silver, and platinum using IRAs. Those who are over the age of 55 can sell their investments and withdraw their profits, but the company recommends that their clients hold onto their gold for five to ten years. American Hartford Gold also offers a gold buyback program. Simply complete the withdrawal request form and the agent will tell you how much gold you can withdraw. Once the order is approved, you will usually have to wait a few days to receive your money.
In addition to providing excellent customer service, American Hartford Gold offers a wealth of services to help their customers invest in precious metals. Their website features a "News and Charts" section that gives customers access to articles and updates on precious metals. Additionally, the company's staff of professional executives will help investors choose the right precious metals to invest in. There are many types of precious metals available, including gold, silver, platinum, and palladium.
#4 Birch Gold Group - Best Education
*Best delivery services
*Best education options
*Great brand recognition
Birch Gold Group has been in business for nearly two decades and is privately owned. The company has high standards for customer education, transparency, and efficiency. They prioritize responsiveness, knowledge, and one-on-one care to ensure their customers are satisfied with the services and investments they make. They also educate their customers about the risks and opportunities involved in precious metal investments, as well as how to avoid scams.
Birch Gold Group has an easy fee structure and does not require a high minimum amount for starting an account. They also waive the first year's annual fee for deposits of $50,000 or more. Their fees are comparable to other gold IRA providers, but they add up over the course of decades.
Birch Gold Group has an A+ rating with the Better Business Bureau and a reputation for providing great customer service. Its customer service representatives are very knowledgeable about gold, silver, platinum, and palladium, and are more than happy to answer any questions you may have. Its team of financial experts has worked with many top companies in the industry and has a stellar reputation for providing exemplary service.
Birch Gold Group also offers a free investing kit. They can help you set up an account and provide buyback quotes for your precious metals. Customers can also contact their specialists for updates and questions about the growth of their accounts. Additionally, Birch Gold Group helps their clients find a custodian to store their gold IRA.
Birch Gold Group works with a number of secure depositories throughout North America. The company uses Brinks Global Services, Delaware Depository, and others. Each of these depositories is highly rated by investors and provides segregated vault and non-segregated vault storage.
#5 Noble Gold Investments - Lowest Minimum
*Has cryptocurrency options
*Lowest minimum investment
*Great customer service
One of the best ways to invest in gold is through an IRA company like Noble Gold. This company offers a variety of investments and specializes in storing and transferring precious metals in multiple currencies. They also offer a free metals exchange service. The company has a great reputation with clients and has a number of different precious metals to choose from. They also offer an affiliate program for individuals who are interested in earning extra money through gold investments.
Noble Gold is an IRA investment company that strives to provide excellent service to their clients. They are a reputable company with over 20 years of experience in commodities investments. They were founded by Collin Plume, an economist who previously worked in the insurance and real estate industry. After seeing the importance of preserving wealth during a recession, he decided to specialize in the field of precious metals.
The company has a secure facility where gold and silver bullion are stored. This facility has ample space and significant security measures. In addition, the company covers the cost of depository services. If you decide to purchase gold outside of your IRA, you'll need to store it in a secure place.
Another benefit of Noble Gold is that they offer an easy application process. Typically, the process takes less than ten minutes. When you go to their website, click on the Gold or Silver IRA option, and then click on "Open An Account." In the application process, you'll need to provide your personal information, Social Security number, investment account information, and beneficiary information.
The Benefits of a Gold IRA
Investing in gold through an IRA is an excellent way to protect your retirement savings. However, it is important to do your research before you invest. It is best to work with a financial advisor who can guide you in making the best decision. Gold IRAs can help you protect your funds, while also enabling you to take advantage of the growing gold market.
Gold IRA companies offer assistance in setting up an account, funding it, and transferring your existing retirement account. When investing in gold, you should look for a company that offers customer service that is as professional as possible. There are several benefits to using a gold IRA company, including fast delivery of physical gold and silver and help with rollovers from your existing retirement account.
One of the biggest benefits of owning precious metals is that they can be used to diversify your portfolio. You can mix them with stocks and bonds for an even more attractive portfolio. You can also withdraw your investments with minimal penalties, since you can withdraw your money as it is needed. A gold IRA company can also help you invest in other types of assets. These investments are also tax-deductible.
A gold IRA is an excellent way to save for retirement. It helps reduce the risk of missing out on retirement benefits, while providing a hedge against inflation and interest rates. While it does not yield an income while sitting in the safe, it provides a level of security that other assets cannot match. By the time you reach the age of seventy-five, you must take a required minimum distribution from your account.
Finding a Trustworthy Company
Gold IRA accounts are an excellent way to invest in precious metals. However, they require you to meet certain requirements. For example, you cannot withdraw your account's cash value before you've reached the age of 59 1/2. As such, finding a good company is crucial to make sure you can get your money when you need it.
First and foremost, you should find a company that provides excellent customer service. A good company will have a smooth setup process for new clients and have qualified account representatives available to answer any questions that you may have. In addition, it is important to choose a company that will keep its fees low.
Another thing to look for in a company is quick turnaround times. Ideally, your gold IRA or 401(k) should be processed within a couple of days. Companies that offer online applications will process paperwork quicker. Those that use paper and ink cannot process your application quickly. Fortunately, some companies allow online applications. By comparing companies, you'll be able to pick one that fits your profile best.
Another good option is US Gold Bureau. It has an A+ rating with the Better Business Bureau and offers a wide range of precious metal products. Whether you want to buy a gold IRA or a silver IRA, this company offers top-notch customer service and an excellent return on investment.
Once you've selected the right company, you can then start investing. A gold IRA is an excellent way to diversify your portfolio and decrease the volatility of asset prices. Most companies don't allow you to open a new account; instead, you need to transfer the funds from a traditional IRA to your new gold IRA account. This process is known as a gold IRA rollover.