Can You Put Precious Metals in an IRA?
Due to stock market instability, some IRA owners and investors are considering diversifying into precious metals through direct investments in gold and silver coins and bullion meeting certain purity requirements. According to IRS regulations, direct investments may be made via an IRA into precious metals coins and bullion.
IRAs may invest indirectly by purchasing shares of mining companies like Barrick Gold Corporation GOLD, +0.81% that produce precious metals – this type of indirect investment is permitted without incurring federal-income-tax penalties if done in accordance with tax regulations.
Birch Gold Group
An individual retirement account (IRA) that invests in precious metals is an excellent way to diversify a retirement portfolio and protect against inflation and financial crises by diversifying with tangible assets like gold, silver, platinum and palladium bullion coins and bars. They’re highly liquid too – holding onto their value even as stocks and bonds decline; just make sure your dealer is trustworthy! To get the most from investing in precious metals.
Birch Gold Group has earned an esteemed reputation for offering expert guidance to clients seeking to establish a precious metals IRA. Their services include helping with rollover/transfer of an existing IRA/401(k), selecting suitable precious metals and filling out all necessary paperwork – as well as offering educational materials such as videos and articles on investing in precious metals.
Birch Gold Group stands apart from most competitors by not charging setup fees for new accounts or IRA rollovers, though they recommend starting with an investment minimum of $10,000; though this may seem high for some investors. Furthermore, they partner with several reputable depository and storage solutions like Delaware Depository and Brink’s Global Service which have extensive theft protection policies while providing full chain of custody protection for customers’ investments.
Precious metals offer diversification benefits for investors looking for protection against inflation or to secure stability during unpredictable economic periods, but investors must consult a financial advisor before making significant decisions regarding retirement savings accounts. There are a number of reliable companies who specialize in precious metals IRAs which offer various products and services designed to help investors achieve their investment goals.
Noble Gold, established in 2014, provides investors with comprehensive resources for precious metal investing, with customer service available via phone and email. They provide personalized care as well as can answer questions regarding precious metal IRAs. Noble Gold also offers various storage options; most frequently working with Delaware Depository and Brink’s Global Services to offer segregated storage with up to $1 billion insurance coverage respectively.
Noble Gold offers a free gold IRA guide designed to educate investors about self-directed precious metals IRAs. This resource offers extensive details regarding investment options and the process for opening an IRA; in addition, this document includes advice about avoiding common scams and frauds within the gold industry.
Augusta Precious Metals
Augusta Precious Metals is an award-winning Gold IRA company offering an array of investment services for those seeking to diversify their retirement portfolio with precious metals. Their customer service representatives are knowledgeable, providing personalized guidance that assists investors in making informed decisions about their investments and educational materials that explain risks and benefits associated with gold and silver as investment options.
Augusta Precious Metals stands out among their competition by its commitment to building long-term relationships with its customers, offering superior, efficient services as well as extensive knowledge about the industry. Customer care teams utilize specialized departments that seamlessly handle account opening and service process steps; in addition, Augusta provides a 7-day refund policy on orders of premium products purchased for the first time.
Augusta Precious Metals offers an extensive selection of IRS-approved coins and bars, which makes it simple for new investors to select the appropriate investments for their IRA. Their website displays purity levels for each coin for added transparency compared to companies who do not disclose this information upfront. Furthermore, Augusta does not charge management fees or have storage rates that exceed what other providers do, with users also having access to an investment opportunities section and creating their own self-directed IRA through Augusta’s site.