Yes, gold is a valuable resource. But, did you know that it can also be used as an investment for when you reach retirement?
There are a whole slew of gold IRA-eligible facilities out there, which can complicate the process of deciding which is right for you. Precious metals-backed IRAs are a great hedge against inflation and are seen as a safety net in today’s volatile markets.
For these reasons, one of the most-asked questions we receive at Your Gold IRA Guide is, “What are the best gold IRA rollover companies?” We’re here to help you narrow down your options by presenting the best gold IRA rollover companies for 2023.
So, sit back, relax, and take your time carefully reading through this article. It might just one of the best moves you make when planning for your retirement.
What is a Gold IRA?
If you’re new to subject, one of the first questions you may have is, “What is a gold IRA?”
A gold IRA is a type of self-directed individual retirement account that is specifically created to contain precious metals like gold, silver, platinum, and palladium.
Similar to a standard IRA, it permits pre-tax contributions, with investment gains growing tax-deferred. The income and contribution restrictions are the pretty much the same.
However, is designed to keep genuine gold or other authorized metals rather than paper assets like equities, bonds, funds, ETFs, and cash equivalents.
Also, in order for it to quality as an investment retirement account, your gold (or other precious metals) must be stored by an approved depository, meaning you cannot store it in a home or facility you can access.
How About Gold IRA Rollovers?
A gold IRA rollover is defined as the movement of a traditional retirement account to a self-directed IRA by allowing precious metals to be held at depositories approved by the Internal Revenue Service (IRS).
The origin of this type of precious metals-backed IRA dates back to 1974 with the passage of the Employee Retirement Income Security Act.
But, it was only until the amendment of the Taxpayer Relief Act of 1997 when precious metals were finally allowed to be included in retirement accounts.
Several retirement account can be rolled over to become gold IRAs. A few examples of such accounts include the following:
- Roth IRA
- SIMPLE IRA
- SEP IRA
Note: We will not be covering how to do a rollover in this article. If you would like to learn more about the actual process of rollovers, you can visit one of the articles we created here.
Best Gold IRA Rollover Companies
The list below will help you get a grasp on what companies are the best-performing in the industry today.
We’ve arrived at this comprehensive list by way of thorough research and online assessments.
These companies have chosen for their transparency, willingness to educate clients, product prices, and other factors important to investors.
Company name: Goldco
Owner: Trevor Gerszt
Cash minimum: $10,000
IRA minimum: $25,000
Goldco Precious Metals, more commonly known as Goldco, is one of the most reputable and professional precious metals organization. They are experts in handling gold and silver IRA rollovers. Their main business is in direct sales of precious metals.
Goldco has been providing precious metals services to their clients since their founding in 2006. They are also fairly hands-on when it comes to helping customers secure, protect and diversify their investments and wealth.
Numerous publications have praised Goldco. In 2015, Inc. magazine named them the third fastest-growing financial financial services firm in the United States.
Below is a list of the reviews and ratings available at the time of writing this article. Next to that will be the corresponding pros and cons of Goldco. Each company in this list will follow the same formula.
- BBB - A+ rating, 4.83 out of 5 rating based on 552 reviews and 26 complaints, BBB accredited since 2011
- BCA - AAA rating, 5 out of 5 rating based on 1 review
- Trustpilot - 4.8 out of 5 rating based on 1188 reviews
- Trustlink - 5 out of 5 rating based on 254 reviews and complaints
- ConsumerAffairs - 4.8 out of 5 rating based on 1489 reviews
2. Augusta Precious Metals
Company name: Augusta Precious Metals
Owner: Isaac Nuriani
Account minimum: $50,000
Augusta Precious Metals is one of the best precious metals firms in the industry today, if not the best. This is the kind of company we would have no problem recommending to friends and family members looking to protect their investments with a gold-backed investment retirement account.
They have an immaculate A+ and AAA ratings from the Better Business Bureau and the Business Consumer Alliance, respectively, as well as thousands of top consumer ratings reviews from reputable websites.
Prices of their products are also competitive and fair. In addition, you will be joining thousands of investors, such as world-famous quarterback and Joe Montana. How can you pass on company like that?
Following their company mantra, 'Trust, Education and Empowerment', Augusta Precious Metals is committed to the strict observance of these concepts. This is what sets Augusta Precious Metals apart from its competitors.
- BBB - Rated 4.96 out of 5 with an A+ rating based on 121 reviews, ZERO complaints
- BCA - 5 out of 5 rating with an AAA rating based on 96 reviews
- Trustlink - 5 out of 5 rating based on 284 reviews
- Google My Business - 4.9 rating based on 301 reviews
- Facebook - 4.8 rating based on 125 reviews
- Ethics.net member since 2016
- Consumer Affairs - 4.9 out of 5.0 based on 132 reviews
3. Birch Gold Group
Company name: Birch Gold Group
CEO: Laith Alsarraf
Price: Varies depending on your investments
Birch Gold Group has been in business since 2003, delivering gold, silver, palladium, and platinum IRAs. The website is jam-packed with information about gold and precious metal IRAs, making it an excellent option for first-time investors.
The Birch Gold Group sells gold, silver, palladium, and platinum in the form of bars and coins. People who want a "Gold and Silver IRA" can purchase their precious metals from the company, but you will ultimately have to decide where your metals will be stored.
You'll most likely be working with Equity Trust, the company's preferred partner. Generally, your annual storage price should be between $100 and $150.
- BBB - 4.69 out of 5 rating, A+ rating based on 85 reviews and 8 complaints
- BCA - AAA rating based on 8 reviews
- Trustpilot - 4.6 out of 5 rating based on 128 reviews
- Trustlink - 5 out of 5 rating based on 134 reviews
- Consumer Affairs - 4.8 out of 5 rating based on 114 reviews
4. Noble Gold
Name: Noble Gold
Founders: Charles Thorngren and Collin Plume
Minimum investment: $5000
Noble Gold is a relative newcomer to the gold IRA industry, having been founded in 2016. Despite this, it has swiftly established itself as a top gold IRA firm for new investors.
Due to its low minimum investment requirement of just $5,000 and customer-friendly annual and storage fees, Noble Gold is winning many customers. Their ratings are also excellent!
Noble Gold provides each potential customer an initial consultation so they can better understand the customer’s needs, preferences, and retirement ambitions.
- BBB - 4.98 out of 5 rating, A+ rating based on 64 reviews and 3 complaints
- BCA - AA rating based on 4 reviews
- Trustlink - 5 out of 5 rating based on 123 reviews
Summary and Final Thoughts
After reading our "Best Gold IRA Rollover Companies In The Industry!" article, you may already have a fairly decent idea of our top choice of precious metals companies.
Precious metals offer a unique opportunity to invest and improve your portfolio. Although, you should keep in mind that, like all types of investments, gold and precious metals IRAs are not without their own unique risks. Before you choose a supplier or storage facility, give due diligence to research.
A self-directed IRA from these recommended companies, especially Goldco, will no doubt allow you to have a greater sense of fulfillment and security. Even though investing is a matter of personal choice, these are firms we feel confident in recommending to our audience.
Thank you for reading our article! Please be sure to leave your comments, questions and suggestions in the comment field below.