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Retirement should be a stage in your life when you can lie back and relax in knowing that you will be well taken care of. By investing in precious metals, you will have a better chance of solidifying your finances so you get to enjoy all that hard work you put in. If you are ready to build your own gold IRA account but do not know where to start, we have prepared a guide for you. The Gold IRA Guide is a complete self-taught course that offers all the information you need to understand the gold IRA industry and how to reap its benefits. You will learn:
-how to preserve and protect your wealth and assets using gold, silver, and other precious metals
-the best ways to allocate precious metals for your retirement fund
-the best precious metal products to choose based on your needs and investing preferences
-the best strategies to build your wealth
-how to avoid Gold IRA scams
-rules and regulations regarding gold IRAs
These and a lot more are available in the free Gold IRA Rollover Guide available right now. You know what you want, you want to be prepared for your future, and now is the right time to start building your assets. Get the Gold IRA Guide, get informed, and get started.
Historically, gold has performed better than other forms of investment, such as stocks, bonds, and mutual funds. Long coveted for their appearance, function, and value, gold and various precious metals became the standard for money systems, and have since become a prominent part of many savvy investors’ portfolios. Gold has shown excellent performance as an investment and can be the solution you need if you are looking for ways to diversify. In this Gold IRA guide, we will take a look at gold and precious metals IRAs, how they work, what to expect, and which companies can help you get started.
What is a Gold IRA?
A gold IRA is a specialized type of individual retirement account wherein gold is held as an investment for the account holder’s retirement instead of, say, cash. A gold IRA allows account holders to purchase and hold physical gold or other precious metals in the form of coins or bullion and/or gold-related securities such as stocks and mutual funds.
Gold IRA is held separately from the account holder’s other retirement account. The account may be opened through a custodian or a broker. Like other types of retirement investments, gold IRA annual contributions are regulated by the IRS.
Advantages of Investing in Gold IRAs
There are several advantages of building a gold IRA. These include:
Better Control
A gold IRA is a self-directed investment. This means that all investment decisions and account management are made by the account holder. No one else dictates what the account holder must do or choose.
Long-Term Hold
Gold is one of the best options for an IRA, considering that assets held in an investment retirement account are usually kept for the long term.
True Diversification
Portfolio diversification is important to ensure that assets are protected against any downturn in the market. Investing in gold IRA is one of the best ways to diversify and obtain protection for your funds in case currencies, governments, or markets fail.
Tax Benefits
A gold IRA comes with special tax benefits that standard IRAs have. For example, contributions made to a gold IRA account are tax-deductible and any qualified withdrawals made from a Roth account is tax-free. Rolling over or transferring a traditional IRA to a gold IRA also does not carry any tax implications.
Why You Need a Gold IRA Company
Making an investment for your retirement should be fairly easy and in many cases, it is. However, there are certain steps in the process that could prove complex and complicated for many investors. This is why investing in the best gold IRA company/ies is critical. Gold IRA companies perform an important role in helping you achieve your retirement goals. A reliable gold IRA company will facilitate the process and ensure that the investor has all the information and support he/she needs in making the right decisions.
Here are our Top 3 gold IRA companies to invest in:
>>Goldco Our TOP Company We Recommend
Goldco is our top choice, hands down. It has performed well consistently over the years and have retained its good standing with satisfied clients. Goldco is a private company that caters to individuals who wish to build their retirement by purchasing precious metals or rolling over their 401k and other traditional IRA accounts to a precious metals IRA account.
Goldco offers solid support from its client service team consisting of IRA experts and experienced staff are well-versed at assisting their clients through the process of opening a gold IRA account. They can also offer valuable information and advice on which investment products to choose and why. If the client’s goal is to rollover their 401k to a gold IRA, Goldco’s team can walk them through the process as well.
With Goldco, clients can purchase precious metal bullion and/or coins, whether for investment or as collectibles. Investors can opt to fund their Goldco Gold IRA account using either their conventional (pre-tax) or Roth (post-tax) dollars. Many investors choose to fund their gold IRA rollover using an existing pre-tax funded IRA account. Furthermore, Goldco offers excellent buyback plan.
Goldco’s gold IRA accounts are self-directed but clients must choose a custodian for their fund, mainly to store their assets. You could choose your own custodian but you could ask Goldco’s support team for advice in finding a custodian that meets your investment needs.
After you have set up your account, you can then begin transferring funds to your vehicle. At this stage, Goldco’s support team will assist you all the way, ensuring that you comply with the regulations set by the IRS. Once your account is funded, you can then begin choosing the precious metals products you want to purchase for your retirement.
If you want to diversify, Goldco can help you, depending on how your IRA structure is set up. You could purchase bars, coins, and bullion to expand your portfolio.
Is Goldco Reliable?
Goldco has been in business for many years, assisting clients in growing their assets. It has even partnered with mints that produce bars and coins exclusively for the company. They also offer their Precious Metals Guide to new investors at no charge.
Performance: Goldco holds a A+ rating from the BBB (Better Business Bureau) and a triple A rating from the BCA (Business Consumer Alliance).
Augusta Precious Metals is one of the top-performing gold IRA companies in the industry. They have designed their service to encourage long-term investment and forward-thinking approach in their clients. Their products, along with their service and the type of information they offer are some of the best available. The company’s goal is to build confidence in their clients through proper education and reliable support.
When you invest with Augusta Precious Metals, you will be assisted from the first step by their customer success agents, who have the training and experience necessary to be the best in their field. This ensures that investors can rely on solid guidance. The company practices transparency on all their transactions, so clients do not have to deal with unpleasant surprises such as hidden charges and vague rules on bids. The process of investment is simplified since much of the work is done for the client by the staff. Clients can also customize their precious metals portfolio to their liking.
The process in opening a self-directed gold IRA account with Augusta is fairly simple, thanks to the streamlined process that the company has designed. A custodian will work with you to begin the process. Once you have funded your account, you can begin choosing the precious metals you want to order. You get to enjoy a dedicated customer success agent who will provide you with the support and information you need.
With Augusta, clients can purchase bullion and coins in gold, silver, and other precious metals. They also offer premium precious metals to help you build your portfolio with diversified assets. Since you will be working directly with the company, you do not have to pay any commission fee. Should you decide to offload your precious metals account, Augusta offers an excellent buyback plan.
Is Augusta Precious Metals Reliable?
Augusta Precious Metals holds a high trust rating among satisfied clients. They have remained a reliable partner for many investors, thanks to the variety of their products and their solid client support. Their client service assistance is excellent, fast, and trustworthy.
Performance: Augusta Precious Metals holds an accreditation and an A+ rating from the BBB. They have also been granted an AAA rating by the Business Consumer Alliance, the highest marks for the top businesses in the field.
Birch Gold Group has been helping investors build their retirement savings for almost 20 years. They specialize in managing physical gold and precious metals. They offer gold, silver, palladium, and platinum for clients looking to diversify. Birch Group has a solid background in precious metals investing, having worked with some of the biggest corporations in technology and finance. This is how they can provide topnotch assistance and service to investors.
With Birch Gold, investors can purchase a variety of gold products in bullion and coins. These products are also available in silver, palladium, and platinum. If you are looking to diversify, you know you have options. In the future if you want to turn your precious metals investment into cash, you can talk to a Birch Gold Group specialist to help you go through their easy buyback process.
One of the best features of investing with Birch Gold is their stellar client support. Their service is quick, accurate, and timely, geared towards ensuring that clients are educated, informed, and confident about their investment decisions. Every interaction you make with the company’s client service team is a one-on-one process, so you receive personalized service every time. You can expect expert guidance from the first step to the next.
Is Birch Gold Group Reliable?
Birch Gold Group has built its reputation by providing exemplary service and precious metals investment products for almost two decades.
Performance: Birch Gold Group holds an A+ rating from the Better Business Bureau. They provide excellent client support service and offers free access to information for their clients.
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