Trusted Gold IRA Companies for IRA/401(K) Rollovers
There are many Gold IRA companies out there, Here is how you make the best choice for Gold IRA investment.
By PRUpdated: AUGUST 24, 2023 19:09 Most Recommended Gold IRA(photo credit: PR)
Disclaimer: In some cases, we receive a commission from our partners. Our opinions are always our own. This article doesn’t constitute financial advice.
If you’ve decided to rollover an existing retirement account over to a Gold Investment Retirement Account (IRA), the next question you might have may be which one to choose. There are many Gold IRA companies out there, each touting their achievements and listing all the reasons that they are your best choice for Gold IRA investment. It is difficult to know who to trust.
We have done the research, and there are two companies that stand out as the most trusted in the industry according to their gold IRA reviews: Goldco & Augusta Precious Metals. Each of those companies have a track record of excellence and can help you roll over your existing assets into a Gold IRA account.
In this article, we are going to review these companies, and explain why we picked them as our top choices. In addition, we will give you information on what you should expect from working with a Gold IRA investment company.
Augusta Precious Metals, one of the most praised names in customer service amongst all Gold IRA companies. Money Magazine rated them the best overall in 2022, noting that they are literally honest brokers, even to the point of putting on their website reasons not to own gold.
Many gold IRA companies use scare tactics or play on investors’ fear of a (highly unlikely) meltdown of the entire financial system and a wholesale collapse of U.S. currency,” Money Magazine noted. Augusta Precious Metals would rather inform their investors to make smart financial decisions that work for them.
As if Money Magazine’s accolades aren’t enough, it is important to point out that Augusta Precious Metals have held TrustLink’s “Best of” rating six years running and having a Consumer Affairs rating of five out of five. And they have A+ and AAA ratings from the BBB and BCA, respectively. And regardless of where you look at for reviews, Augusta Previous Metals comes with a constellation of five-star ratings.
Augusta Precious Metals deals specifically buy gold bullion, silver bullion, and IRS-approved coins. Rolling over your retirement accounts are no problem, and if you want to deal with buying gold and other precious metals directly, Augusta Precious Metals has you covered. They only use the most trusted names in precious metals custodianship for your storage: Equity Trust, Gold Star Trust Company, and Kingdom Trust.
What is most impressive is that their customer service comes even before you contact them. Augusta Precious Metals has a well-stocked video library covering financial investments and offer a free webinar to answer any questions you may have directly.
They also make the experience of gaining an account seamless. They offer a live chat service on their website – answer a few questions, and within a few minutes you’ll be ready to set up your account.
Online Ratings, Reviews, & Complaints
In their years of business, Augusta Precious Metals has built a strong reputation as a trusted gold IRA dealer. Below we've curated a list of their ratings across all of the trusted verified client review sites.
Better Business Bureau
4.97 Rating
⭐⭐⭐⭐⭐
100 reviews
TrustLink
5.0 Rating
⭐⭐⭐⭐⭐
Based on 278 reviews
Google My Business
4.9 Rating
⭐⭐⭐⭐⭐
Based on 221 reviews
Business Consumer Alliance
AAA Rating
⭐⭐⭐⭐⭐
85 reviews
Augusta Precious Metals Phone Number: 844-917-2904
That depends. If you are buying gold or any other precious metal directly, then how it is stored is entirely up to you. And gold or precious metals that are traded through your Gold IRA must be stored in facilities approved by the IRS, as per Internal Revenue Code Section 408(m).
Which is better: Coins or Bars?
Coins offer a different way to trade. Certain collectors may pay higher amounts that the value of the metal that the coin is minted with due to its rarity or condition. However, not all collectors value these coins equally, and prices fluctuate.
Bullion, meanwhile, is bought and sold for the value near its market price. This means less potential for higher returns, but it is more reliable in price.
What are the costs of opening a Gold IRA?
$100 is the average fee for opening Gold IRAs, and annual maintenance fees are around the same. However, this fee may be greater, smaller, or waived depending on which company you select and how much you invest.
Is investing in a Gold IRA better than buying gold?
It depends on your preference. Directly buying gold offers you greater flexibility in what you buy and how you store it but does not come with any tax advantages. Working through a Gold IRA investment company restricts you to the purchase and selling of what they offer, but have tax advantages and negate the need for you to find buyers on your own.
Disclaimer: The information provided on this page is for educational purposes only and is not intended as investment advice. Refer to a professional for investment advice.
