Best Gold IRA Companies
Personal Finance Contributing Editor
Updated on 08/07/2018
Starting in 1997 under the Tax Payer Relief Act passed by the U.S. Congress and signed by former President Bill Clinton. Investors were allowed to invest their IRA (Individual Retirement Account) dollars in gold, silver, platinum and palladium.
The ability to invest in a variety of precious metals instead of just mutual funds, stocks and bonds provided a larger variety of choice to investors. Those concerned with the volatility and lack of predictability of the stock market may want to look into gold IRAs to receive the same tax favorable benefits for their retirement savings as those investing traditional IRA’s in more traditional asset classes.
Compare Reviews for Top Gold IRA Companies | |||
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| Lear Capital | Gold and silver metal and IRA options with a 30-day price guarantee and no minimum investment. A $160 annual fee includes storage, insurance, financial statements and 24/7 access online. Storage by Delaware Depository. |  | |
| The Hartford Gold Group | Gold, silver and platinum specialists with no minimum contribution. Fees vary based on amount and type of metals in depository. In some cases, storage is free. No setup or transfer fees. Stored with Brinks and Delaware Depository. |  | |
| Advantage Gold | Deals in all precious metal sales and IRAs with annual of fees of $75 on IRA accounts under $100,000 and $125 on ones over it. Setup fee is $50. Storage is $100 annually for commingled and $140 for segregated. |  | |
| Orion Metal Exchange | Full-service precious metals coin dealer and investment firm with annual fees waived up to 5 years on eligible IRAs. $5,000 minimum deposit. Free storage on gold and silver up to three years through Brinks or Delaware Depository. |  | |
| Noble Gold Investments | Secures gold, silver, platinum and palladium with a $2,000 minimum investment. Annual fees are $225 and include segregated storage, insurance and online access. International Depository Services provides storage and vault options. |  | |
| Patriot Gold | Read 135 Reviews | Procures gold, silver, platinum and palladium with a 24-hour account turnaround and no fees for life on qualifying IRAs. IRAs requires $15,000 min. investment. Gold and silver available as bullions or coins with free shipping. |  |
| Birch Gold Group | Offers several precious metal options and first-year fees paid on transfers over $50,000. Minimum purchase of $10,000 required. Initial setup fee is $90. Annual storage is $160 with Delaware Depository and Brinks Global Service. |  | |
| Bitvest IRA | Bitvest IRA is a company dedicated to mining Bitcoins for use in an IRA. You buy Bitcoins at a discounted rate for deferred delivery. You can choose among several options for Bitcoin purchases. |  | |
| Goldco Precious Metals | Silver and gold IRA brokers of precious metals with a minimum purchase of $25,000. Annual fees are $175, or $225 for accounts over $100,000. Storage facilitated with an IRS-approved depository, and first year’s costs reimbursed. |  | |
| APMEX | Large-scale precious metal provider with more than 400 IRA-approved products, including collectibles. Minimum $2,000 investment required. Annual fees are $75. Setup fee is $50. Delaware Depository storage starts at $100 a year. |  |
What features matter when choosing a gold IRA?
What types of precious metals do brokers focus on?
What types of investors choose a gold IRA?
Expert reviews for gold IRAs
Noble Gold Investments is a gold and precious metal brokerage firm based in California that specializes in purchases of gold, silver, platinum and paladium as well as rollover IRA accounts. They can facilitate your purchase of precious metals, and they also maintain and administer Gold IRA accounts.
Red Rock Secured is a brokerage firm specializing in precious metals. The company is headquartered in Marina Del Rey, California and was founded in 2009.
Based in Westlake Village, California, United Gold Direct is a team of expert precious metal asset managers and gold dealers. Specialists at this company deal with various retirement investments and precious metal options. Managers at this company have 25 years of experience in the industry.
- Competitive and transparent pricing: At United Gold Direct, all shipping and insurance fees are included at the beginning of the investment purchase with no hidden expenses. The company is also dedicated to providing the best quality service and products for an affordable price.
- Reliable shipping: Physical orders are shipped via a registered and insured service by the U.S. Post Office. Packages will be tracked and signed for at every step of the journey, including point of delivery.
- Coins for purchase: Special gold and silver coins are available through United Gold Direct, which can add value to the bullion over time.
- Fully-vetted precious metals: Every precious metal that is purchased or sold through UGD has been thoroughly inspected by knowledgeable, experienced staff to ensure its value.
- Storage options: Purchasers can choose to have their gold and silver delivered to their door or have it shipped to affiliated company Delaware Depository for safekeeping.
- Best for: Good for savers because the focus of the company is to provide high-value products plus storage, making the transaction quick and easy for those unused to investing.
Capital Gold Group launch in 2005 and has since completed over one billion dollars of transactions. It’s a precious metals IRA company that offers investors gold, silver and other precious metals. The company is headquartered in California and serves customers across the United States.
American Bullion is dedicated to providing a diverse set of options when it comes to precious metal investment. Experts at this company specialize in gold and silver IRAs, including special collector's coins in each type of metal.
My Private Bullion concentrates on educating savers about their options when it comes to precious metals. The company believes in a diversified investment portfolio that includes gold, silver, platinum, palladium, bullion and coins. Staff have over 20 years of experience in the industry.
The Fortress Gold Group is a precious metal brokerage company that believes investors should be engaged with their investments. The company allows clients to invest their IRAs or buy gold, silver and platinum coins.
Information in this guide is general in nature and is intended for informational purposes only; it is not legal, health, investment or tax advice. ConsumerAffairs.com makes no representation as to the accuracy of the information provided and assumes no liability for any damages or loss arising from its use.
Compare Reviews for Top Gold IRA Companies | |||
|---|---|---|---|
| Red Rock Secured | Read 12 Reviews | Brokers a range of options for buying gold and silver and for precious metals IRAs. Fees vary by state for home storage or range between $125 and $300 at depositories. Minimum purchase is $1,500. Metals ship free to home. | |
| JM Bullion | 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. |  | |
| American Bullion | Precious metal investment specialists requiring a $10,000 minimum purchase. There is a $25 online setup fee and $160 annual fee, which varies on investments over $100,000. Storage through Delaware Depository starts at $100 a year. | | |
| Fortress Gold Group | Read Reviews | Gold IRA directors offering Brink’s depository or home-based storage with a $10,000 minimum buy. Setup averages $275. First-year and storage fees waived for new clients. Home storage setup costs $599, with annual fees of $149. | |
| Kitco | Online precious metal retailer connecting investors with 10 gold IRA custodians. Discounts offered on investments over $100,000. Setup and other fees vary by custodian. Brink’s Global Services handles storage for $150 annually. |  | |
| Monex Gold | Offers precious metal IRAs with gold and silver bullion in bars and coins and an 11-hour buy/sell market. Discounts are available through its Atlas account program. Affiliated custodians determine setup, storage and other fees. |  | |
| My Private Bullion | Boutique firm providing diversified precious metal IRAs with $5,000 minimum purchase. Preferred custodian Entrust has no setup fee and a $150 flat annual fee. Delaware Depository provides storage with yearly fees starting at $95. | | |
| Capital Gold Group | Read 18 Reviews | Brokers home-storage and vault-stored gold IRAs handled by Kingdom Trust. Costs about $250 to open an account, including $25 setup and $100 storage fee. Minimum investment is $10,000. Home storage setup is $435 and $135 annually. | |
| United Gold Direct | Read Expert Review | Precious metal wholesaler arranging diversified IRAs with a minimum investment of $5,000. Setup fees are around $75. Annual administration fees are $95. Storage is through Delaware Depository with yearly fees starting at $100. | |
