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What is Gold IRA? Here are five companies that can help diversify your portfolio with metals.

Sponsored: Top 5 Gold IRA Companies


Gold IRA company Gold IRA management in-house? IRS-compliant coins/bullion? Crypto IRA options? Flat IRA storage & management fee?
#1 Regal Assets

‘Regal Assets Logo from regalassets.com'
#2 JM Bullion

‘JM Bullion Logo from jmbullion.com'
#3 Kitco

‘Kitco Logo from online.kitco.com'
#4 Apmex

‘Apmex Logo from apmex.com'
#5 GoldSilver

‘GoldSilver Logo from goldsilver.com'

‘Summary table by Jules Blundell'


BEST GOLD IRA PROVIDER OVERALL: REGAL ASSETS
www.regalassets.com
BEST FOR CHOICE OF COINS / BULLION: JM BULLION:
www.jmbullion.com
BEST FOR MARKET INFO: KITCO:
www.kitco.com
BEST FOR CHOICE OF CRYPTO: REGAL ASSETS:
www.regalassets.com
BEST FOR ALL-IN-ONE FLAT FEE: REGAL ASSETS:
www.regalassets.com
BEST FOR IRA ROLLOVERS: REGAL ASSETS:
www.regalassets.com
MOST USER-FRIENDLY WEBSITES: www.apmex.com
www.regalassets.com
www.goldsilver.com

‘Summary table by Jules Blundell'

Top 5 Gold IRA Companies

We are living through uncertain economic times. Just this December 2021, Consumer Price Inflation (CPI) hit 7% - that’s the fastest rate of inflation for 30+ years. This reduces the value of any cash we have squirreled away in an IRA or savings account.

The harder we work, the more we can save, and the better our retirement. That’s what people say, isn’t it?

Well, how about letting some assets do the work for you?

With a special kind of self-directed IRA called a gold IRA, you can aim for a stress-free retirement by hedging against inflation and market uncertainties - as well as doing your best to protect your savings against crashes in the conventional stock market.

A gold IRA allows you to invest in real physical gold, silver, platinum, and palladium. That means chunky bars or mint coins. Retirement investors say you can’t beat that feeling of having wealth locked up in physical precious metals. And that reassurance is backed up by data.

Gold, for example, has steadily climbed in value for decades. Gold is viewed as a safe haven when inflation rises or when things go south with the general economy. When financial markets were just recovering from the Covid crisis last year, for example, the price of gold hit an all-time high of over $2,000 per ounce.

What 4 things must I get right with a gold IRA?

  1. You need to master the paperwork. This is about tax, so you have to dot the ‘i’s and cross the ‘t’s.
  2. You must appoint an IRS-approved ‘custodian’ to handle 1. above.
  3. You need to buy the right sort of precious metals. You have to get the right level of purity, depending on the metal and whether it is stored as bars or coins.
  4. You have to store your gold in a special repository approved by the IRS.

What is the best type of gold IRA company?

The easiest way to set up and run a gold IRA is to appoint a company that offers an all-in-one service.

Sure, you have to pick a ‘custodian’ company that runs the paperwork; that’s the big IRS requirement. But luckily some companies will act as a custodian as well as sort out the other two issues: sourcing the right type of precious metals and storing them for you in an IRS-approved vault. You can go ahead and buy your own gold and arrange your own storage, but that can involve lots of phone calls trying to get different companies to work together.

Below we take a look at 5 big names in the precious metals world: Regal Assets, JM Bullion, Kitco, APMEX, and Goldsilver.com.

Top gold IRA companies: Summary

Best all-in-one gold IRA provider: Regal Assets

Best for market news: Kitco

Best for choice of IRS and non-IRS bullion: JM Bullion/APMEX/Goldsilver.com

Best for easy website: Regal Assets/Goldsilver.com/APMEX

Of the firms reviewed, we recommend Regal Assets without hesitation. For a flat fee of $250 per annum with no hidden fees, Regal Assets does it all for you:

  • Sets up your gold IRA.
  • Gives you nothing but IRS-approved bullion to choose from (so you don’t get it wrong and buy bullion the IRS won’t accept).
  • Arranges storage in an IRS-approved vault.

#1 Regal Assets - Best Overall Gold IRA Provider

Year Founded: 2009
Web address: https://www.regalassets.com/
Office Location(s): Los Angeles (LA), Waco (TX), Toronto (CA), and Dubai (UAE)
Phone Number: 1877-205-1104

'Regal Assets Logo from regalassets.com'

Asset Offered: IRA-Approved Gold, Silver, Platinum, And Palladium Bullion (Available in Coins, and Bars)
Storage Types Offered: Segregated, and Non-Segregated
Gold IRA Annual Fees: Flat Rate Of $250 per year (Segregated), Or $100 Per Year (Non-Segregated)

Founded in 2009, Regal Assets was made a Forbes Financial Council member in 2018 and is an Inc 500 company. The firm counts celebrities as clients: NBA player Karl Anthony Towns JR, actor Jordyn Wood, and Hollywood producer Rob Weiss. The firm has attracted more than 1500 five-star reviews on Birdeye.

Experts from GoldIRAguide.org say that Regal Assets is ‘the number-one-rated gold and retirement investing firm in North America’ as well as ‘an international phenomenon in alternative asset management.’

Regal Assets is different from a traditional precious metals dealer. The firm offers only IRS-approved bullion, so you can’t make a mistake with your gold IRA. What’s more, Regal Assets is authorized to act as a custodian for your gold IRA, supplies a wide choice of bullion, and arranges for IRS-approved storage of your precious metals haul. With this firm, you do not have to do the running: Regal Assets will do it all for you.

A specialty of Regal Assets is IRA rollovers. An IRA rollover is when you convert an existing IRA or 401k into a special precious metals IRA. 95% of the firms’ business comes from masterminding this process, and the service is free. Investopedia.com gave Regal Assets the title of ‘Best Gold IRA Company for IRA rollovers’ in 2021.

Ever heard of a cryptocurrency IRA? Regal Assets was the first company in the precious metals IRA sector to offer crypto coverage too. That means you can invest in 22 different crypto coins (and counting) as well as load up on precious metals. You choose what to mix and match. Or Six Regal Assets portfolios allow you to choose a ready-made investment combination to suit your budget.

Tyler Gallagher, founder, and CEO of Regal Assets Full-Service explains, ‘it can be confusing to navigate all the IRS rules and regulations when it comes to owning alternative assets as part of a retirement account. We developed a process involving multiple accredited partners in which we handle everything on behalf of the client, from working with their existing IRA or 401k custodian, to the storage of their assets at a secure and accredited depository.’

#2 JM Bullion - Fast-growing US Precious Metals Dealer

Year Founded: 2000
Web address: https://www.jmbullion.com/
Office Location(s): Dallas, TX
Phone Number: 1-800-276-6508

‘JM Bullion Logo from jmbullion.com'

Asset Offered: Gold, Silver, Platinum, Palladium, and Copper Metals. Numismatic (Collectibles), And Bullion Available (Coins, And Bars)
Storage Types Offered: Depends On Custodian Selected
Gold IRA Annual Fees: Depends On Custodian Selected

Founded in 2011, JM Bullion has been doing great business ever since. The firm ships over 60,000 bullion orders monthly to customers’ homes, with free shipping for orders over $199. With over 300,000 customer reviews on its website, the firm has attracted an overall satisfaction rating of 4.8/5.

What’s useful about the JM Bullion site is that precious metals for your IRA have their own clearly-marked section. That means you can’t buy bullion that the IRS won’t accept for your IRA.

As a specialist bullion retailer, JM Bullion works with partners to provide IRA custodianship (New Direction) and IRS-approved storage (TDSVaults).

#3 Kitco - Best for Market News

Year Founded: 1977
Web Address: https://www.kitco.com/
Office Location(s): Montreal (CAN)
Phone Number: 1-877-775-4826

‘Kitco Logo from online.kitco.com'

Assets Available: Gold, Silver, Platinum, And Palladium Bullion (Coins, and Bars Available)
Storage Options: Depends On The Custodian
Gold IRA Annual Fees: Depends On The Custodian

Founded in 1977, Kitco boasts 45 years of successful trading in bullion and a deserved reputation as the best source of gold and commodities market news. Kitco’s online news hub is stuffed with real-time price information, feeds from top news outlets, interactive charts, and in-depth articles. If you want to get educated on gold, Kitco is the place for you.

Kitco CFO Nizar Tabet says, ‘we want to provide the best price and are very transparent in our pricing. We want to show customers exactly what they are paying for, so on our website, we provide information services and live market prices.’

With a Canadian focus, Kitco offers gold IRA custodianship through a range of partners. IRS-approved storage of precious metals can then be made available via one of these custodians.

#4 APMEX - Joint Best for choice of IRS and non-IRS bullion

Year Founded: 2000
Web Address: https://www.apmex.com/
Office Location(s): Oklahoma City (OK)
Phone Number: 1-877-775-4826

‘Apmex Logo from apmex.com'

Asset Offered: Gold, Silver, Platinum, Palladium, and Copper Metals. Numismatic (Collectibles), And Bullion Available (Coins, And Bars)
Storage Types Offered: Depends On Custodian Selected
Gold IRA Annual Fees: Depends On The Custodian Selected

Founded in 2000 in Oklahoma City, the American Precious Metals Exchange has been doing business online for 17 years. The firm’s selection of bullion (both bars and coins) is huge, and the website is very easy to use.

IRA-approved bars and coins have their own website section. If you want to stock your IRA, do not stray away into APMEX’s giant showcase of rare coins (tempting though it is). Rare coins are considered by the IRS to be ‘collectibles’ and therefore not permitted in a precious metals IRA.

APMEX can provide IRA custodianship via business partners. Storage can be arranged too via IRS-approved provider Brinks.

#5 Gold Silver - Joint Best for choice of IRS and non-IRS bullion

Year Founded: 2005
Web Address: https://goldsilver.com/
Office Location(s): Santa Monica (CA)
Phone Number: 1-888-319-8166

‘GoldSilver Logo from goldsilver.com'

Asset Offered: Gold, and Silver Bullion (Coins, and Bars Available)
Storage Types Offered: Depends On Custodian Selected
Gold IRA Annual Fees: Depends On The Custodian Selected

Founded in 2005, Goldsilver.com is another online bullion stalwart. The firm, headed by Youtube precious metals celebrity Mike Maloney, offers a massive selection of bullion-backed up by a website that is packed with information and easy to use.

Usefully for IRA investors, Goldsilver.com steers clear of the ‘numismatics’ (rare coins) that the IRS does not approve for IRAs.

Goldsilver.com president Alex Daley says, ‘we don't carry collectibles and other high- or subjective-mark-up products that you find at far too many gold retailers. Instead, we focus on the highly-recognized, low premium, widely-traded bullion coins, and bars.’

The firm works with several IRA custodian partners and promises a simple process to coordinate the purchase and storage of bullion (via IRS-approved Brinks) with setting up a gold IRA.

Conclusion

Best all-in-one gold IRA provider: Regal Assets

Gold IRAs make a lot of sense as part of retirement planning. You wouldn’t want to put all your savings in gold (any more than you would with any other asset class). But you can have as many IRAs on the go as you want. The value of gold in particular is known to correlate inversely with the stock market. That means that the price of gold tends to go up when stock markets fall. That’s a great feature to have in a diversified retirement portfolio.

Gold IRA Summary Table

Gold IRA provider #1
Regal Assets

‘Regal Assets Logo from regalassets.com'
#2
JM Bullion

‘JM Bullion Logo from jmbullion.com'
#3
Kitco

‘Kitco Logo from online.kitco.com'
#4
Apmex

‘Apmex Logo from apmex.com'
#5
GoldSilver

‘GoldSilver Logo from goldsilver.com'
Forbes Council Member
Inc 500 Company
Years In Business 11 years 11 years 44 years 15+ years 15+ years
Hands-Off Service
Buyback Program
Sells IRS-Approved Bullion
Packaged Portfolios
Rollover Experts
‘Best for IRA rollovers 2021'
Awarded By Investopedia
Full Service Gold IRA
Free Investment Kit
(Click Here For Your Free Investment Kit)

‘Summary table by Jules Blundell'

NOTE: Precious metals aren't for everybody. They don't pay dividends and aren't as easy to liquidate as other "paper assets". They have been used traditionally as a hedge against market uncertainty and a way to preserve wealth for generations, but past performance can NEVER guarantee future returns. We recommend that you call a few Precious Metal IRA companies before making an investment decision. We also want to remind you that this content isn't financial advice and cannot be taken as such. Do your due diligence and speak to your financial advisor before making an investment decision.

About the Author

Jules Blundell is an experienced finance writer and investor. He leverages his First Class degree from Cambridge University and his time with various London merchant banks - including Goldman Sachs, Deutsche Bank and Credit Suisse - to crunch key topics for accessible and educational reading.