A key selling point for gold IRAs is that you own the physical gold yourself. If that doesn’t matter to you, there are other ways to add exposure to precious metals to your retirement portfolio, such as buying stocks in gold mining companies. Augusta advertises itself as “Your Leading Gold IRA Company” and promises to help its investors make smart financial decisions to help them prepare for retirement. Once you reach 72 years of age, you’ll be required to accept the required minimum distributions (RMDs) from a traditional gold IRA (but not from a Roth IRA).
Still, with its low minimum investment requirements and extensive educational resources, it has quickly become a favorite as the best Gold IRA company for new investors. A first-class IRA Gold company only works with carefully vetted, reputable external storage companies or secured depositories. Customers who buy gold and silver outside of an IRA will continue to receive advisory and administrative services from the firm. So if your portfolio consists of both gold and paper investments, a loss on the gold side is offset by the gain in other assets.
Because of Noble Gold’s extensive network of partners and suppliers, customers receive competitive prices for gold purchases. However, if you work with a reliable and customer-focused Gold IRA company, it is likely that this company has favorable buyback policies for coins or gold bars, although their transaction costs for gold bars may be higher. Anyone who wants to buy precious metals or set up a gold IRA is free to do so at a price they’re happy to spend. Patriot Gold Group has a long track record of helping investors secure their financial future through gold IRAs, and has received high marks from consumer groups along the way.
No other Gold IRA company goes to such lengths to present investment information in an organized and objective way to earn the full trust of its customers. Or, if you have a traditional retirement savings account and want to increase your exposure to gold, read here how you can buy a gold ETF, an exchange-traded fund that tracks the performance of gold. A good Gold IRA representative will help you figure out how much you should think about investing and which metals will serve you best. In some cases, your IRA gold company sells IRS-approved metals, so you can buy your coins and gold bars from them directly.