The Best Gold IRA Account 2022- Protect Your Retirement With The Best Gold IRA

(Originally posted at: https://www.goldhillretreat.com/review/best-gold-ira-account-2022)

If you're nearing retirement and want to make sure your nest egg is as safe as possible, a gold IRA may be a suitable investment for you. A Gold IRA account allows you to hold physical gold bullion in addition to other traditional assets like stocks and bonds. While many companies offer Gold IRA accounts, not all are created equal. In this article, we'll review the five best Gold IRA companies based on factors such as customer service, financial security, and account fees. Our goal is to help you find the one that's right for your unique needs.

What Is a Gold IRA?

A Gold IRA is an Individual Retirement Account (IRA) that offers all the benefits of a traditional IRA, but with some additional features aimed at helping you save more money. These self-directed IRAs have been around since the late 1990s and offer investors more choices than traditional IRAs.

Gold and other precious metals must meet IRS fineness requirements to qualify for gold IRA funding.

People tend to be on the gold bandwagon as some of the recent changes in the investing world have increased investors' interest in gold. With a time lag of six years, stocks may seem stale compared with precious metals. The future looks gold-hungry, and that fact alone should prompt investors to watch the rates of gold prices as many investors sign up with an IRA account and purchase physical gold.

The best gold IRA companies are familiar with the storage requirements of the precious metals purchased for your gold IRA. Depositories must be approved by the IRS and need to meet stringent requirements. This article will explore several of these options later.

Video Version of this blog post can be found at: https://youtu.be/6DoGyMMPh_s

Best Gold IRA Companies 2022

Precious metals IRAs are a great way to invest in physical gold and silver bullion, which you can hold in your IRA as opposed to stocks and bonds. However, not all precious metal IRAs are created equal. The best Gold IRA companies offer high-quality storage of physical gold for the lowest fees available. We've rounded up our top five Gold IRA companies based on our best practices, including low fees, financial security, and excellent customer service.

Many companies offer Gold IRA services and promise customers the moon. Gold Hill Retreat has gone through the trouble of sifting through thousands of reviews from the Better Business Bureau, Business consumer alliance, and Trust Pilot from actual customers. Below are our top gold IRA companies for a self-directed IRA. You can't go wrong considering selecting any gold IRA business on this list. 

As much as Gold Hill Retreat has researched these companies, it is important to research before choosing a gold IRA company. As you continue to read through the ranking, it will become clear each of these companies has strengths and weaknesses.

We have based the rankings on customer feedback, product selection, company activity in reply to customer responses (both positive and negative), and support each of the companies has provided.

#1 Gold IRA Company GoldCo

The best gold IRA company on Gold Hill Retreat's list is GoldCo. To customers of GoldCo, it will come as no surprise this elite precious metals IRA account provider is at the top of the list. GoldCo is well known for its customer service and non-pressured sales process.

GoldCo has proven itself to be an advocate for customers. To read the full review on GoldCo, head over to GoldCo Review: Precious Metals IRA Investment Company 2021 GoldCo Overview, where Gold Hill Retreat has written out a full review and how this reputable gold ira company has won the coveted Stevie Award.

#2 Gold Ira Company Augusta Precious Metals

Augusta Precious Metals has committed to being the top gold IRA company in the United States. In an industry filled with companies that apply high-pressure sales tactics, it's reassuring to know companies like Augusta Precious Metals focuses on educating customers first before ever suggesting a gold IRA rollover.

Once arming the customer with current information on government policy and how it can affect the markets, they can make an informed decision.

Read the full report on Augusta Precious Metals and how they support your retirement on Gold Hill Retreats website.

What is missing to make Augusta the Best gold ira company? Gold Hill Retreat's initial review shows that precious metal investors can only purchase gold and silver. At the same time, other gold investment companies' customers can buy all four metals approved for precious metal IRAs.

#3 Gold IRA Company Birch Gold Group

Birch Gold Group is a gold IRA company that has proven itself with customers. In Gold Hill Retreat's review titled Birch Gold Group Reviews – Birch Gold IRA solution to economic instabilities, discover the type of IRA other companies might advise customers to use. This gold IRA investment company advises against utilizing a certain type of IRA even though it allows the customer to hold the physical precious metals in their home.

Several tax implications are adding to the reasons why Birch Gold Group does not advise using this type of precious metals IRA even though some customers like the idea of holding the physical precious metals in their possession.

#4 Gold IRA Company Noble Gold Investments

Noble Gold Investment, headed by Collin Plume, realized that the key to financial freedom is diversification with tangible investments. Plume's mission to preserve his client's wealth is the reason why Noble Gold is one of the best gold investment companies a savvy investor could choose.

Like most other companies on this list, Noble Gold has an A+ rating with the Better Business Bureau. To learn more about Noble Gold Investments and their gold IRA fees, read the full review: Noble Gold Investments Reviews – The Truth Exposed About the Precious Metals IRA Company

#5 Gold IRA Company Regal Assets

Tyler Gallagher started Regal Assets; Tyler Gallagher began with a small initial investment and a big vision. Today they are a well-known company that has used its negotiating power to provide the best gold and silver prices to their customer.

Regal Assets offers the largest selection of cryptocurrencies to invest with IRA funds. They have partnered with Coinbase and kingdom trust. Both partnering companies are the leaders in their respective fields, giving Regal Assets the authority in crypto IRA investment.

Check out the full Review of Regal Assets Gold IRA – How they stack up?

What to Know About Gold IRAs

The IRS has recently announced that gold and other precious metals are considered "collectibles" and therefore qualify for the new "collectibles" IRA. The rules of a gold IRA account are as follows:

Bullion must be at least 99.5% pure.

All bullion items must be stored in your name and cannot be co-mingled with other assets.

The gold held in the account cannot be pledged as collateral for any loan and is not subject to foreign currency exchange.

When investing in a gold IRA, it's important to consider: the provider's reputation, customer service, fees, and the quality of gold they offer. The IRS is extremely strict about the fineness of the precious metals purchased from the gold IRA company. The requirement of an IRS-approved Gold IRA custodian provides protection to you, the consumer. The IRS-approved gold IRA custodian verifies the IRA investment complies with the fineness standards.

Just like a traditional IRA, gold IRA investments need to reach maturity before withdrawing assets. You can start withdrawing funds from qualified gold individual retirement accounts per the IRS website. Hold investments to maturity to avoid tax penalties.

Be aware of potential tax penalties for storing your gold at home. The additional requirements and liabilities in keeping gold in your home are why Birch Gold recommends not to hold precious metals purchases at home.

Is there a gold Roth IRA?

Investing in gold and other precious metals is a great way to diversify your portfolio with investment-grade assets that tend to hold their value better than stocks or bonds in times of inflation or economic instability. These Roth IRAs are self-directed IRA accounts.

Tips for a Wise Gold IRA buyer

1. Consider your risk tolerance level when investing in precious metals. There is no guarantee that precious metal IRA values will rise or keep up with inflation.

2. A gold IRA company's reputation is important, make sure to conduct independent research before committing to a provider. The top 5 best gold IRA companies in this list are an excellent place to start, and Gold Hill Retreat provides direct links to the review sites for the benefit of our readers.

3. Find out how much you will pay for storage and maintenance fees. Most companies average around $180 per year with an initial setup fee.

4. Look into companies that offer a variety of products gold, silver, platinum, and palladium.

5. Understand what protection measures are in place to ensure the safety of your investments. One of the most popular depository networks approved by the IRS is the international depository services or IDS. All assets under management are insured by Lloyd's of London.

Why is it important to buy IRS-Approved Coins for your Gold IRA?

Gold IRA investing might seem exotic or terrifying at first but purchasing gold and silver for precious metals IRAs is pretty straightforward. Reviews from the Business Consumer Alliance show that GoldCo, Augusta, Noble Gold Investments, and Birch Gold make the process as simple as possible.

Augusta Precious Metals boasts that their assigned Gold IRA specialist will complete about 90% of the paperwork for their customers. - That's customer service!

Each of these companies has a wide selection of IRS-approved gold and silver IRA investments. When making a gold IRA investment, be sure to work with your gold IRA investment companies' dedicated account rep. Most gold ira companies assign precious metal IRAs specialists.

The best gold IRA company will ensure customers only select qualified gold, silver platinum, and palladium for the self-directed IRA retirement account. A gold IRA custodian, usually of your choice, will inspect the gold and silver purchases to ensure they meet IRS standards before inventorying them in the precious metals IRA account.

Which depository should you choose?

When choosing a depository for your gold IRA, you have several options. The two most popular IRS-approved choices are the Delaware depository and a location that is a member of the International Depository Services group.

The Delaware depository is known for its high security and excellent customer service. All assets under management are insured by Lloyd's of London, and the IRS has approved the Delaware depository since 2006.

The International Depository Services group offers various services, including segregated account storage, insurance, and 24/7 security. Their locations' global network of storage facilities makes them a good choice for investors who want their gold IRA investments stored in multiple locations.

Precious Metals IRA Storage

With gold prices expected to climb over the next several years, it's essential to keep all gold bullion safe. Many investors like to keep their gold and silver investments close to home. Augusta Precious Metals offers probably the widest selection of depositories to choose from.

Having a wide range of IRS-approved depositories makes Augusta Precious Metals the best gold ira companies choice for a gold or silver IRA investor looking to keep their gold purchases close to home. Many of the depositories Augusta works with allows precious metals IRA customers on-site visits to see the physical assets under their care.

The Texas Bullion Depository is a Texas state-run facility where Noble Bold investments claim to have acquired sole private gold investment company storage rights. Giving precious metals IRA retirement account holders a chance to store their gold bullion in a state-of-the-art facility.

The Delaware Depository is probably the most popular depository to store precious metal IRA investments. Most of the top gold ira companies have contracts to hold gold investments at the storage facility.

Be Advised of Gold IRA Storage Choices

While there are several depositories across the United State-approved by the IRS to store your gold IRA investment, a gold IRA provider might only work with a select few. While most depositories have similar pricing for storage, administrative, and insurance fees best practice is to shop around for the location that meets your needs.

A Silver IRA, unlike a traditional IRA, investments must be held in a depository approved by the IRS. An appointed custodian or trustee will manage all transactions and the account. The price to store silver in an individual retirement account depends on where the investor chooses the storage location.

Gold IRA Reviews

There are several ways to look and review the precious metals investment companies offering gold IRA investors a way to diversify a retirement portfolio. Gold Hill Retreat has sifted through consumer review sites for relevant information to customer experience. Our reviewing and rating process includes how interactive the companies have been with us, an affiliate review site, as this typically correlates directly to the customer.

Most review sites hide that they have most likely built a monetary relationship with the various gold companies they review or promote. Gold Hill Retreat is a little different. We strive to develop partnerships with the best gold investment companies in the United States. Building these partnerships allows for a more accurate report of how attentive the company responds to questions, inquiries, and policies that affect the customer experience.

Each of the precious metal companies on this list has a proven track record of protecting consumer wealth by diversifying retirement portfolio investments. Independent customer reviews of each company indicate the primary focus is being there when the customer needs them without pushing or angling for a sale.

In the reviews provided by Gold Hill Retreat, readers can find links to the customer reviews found on third-party review sites. Examples of third-party review sites vary from the Better Business Bureau, Business consumer alliance, and Trust Pilot, to name a few. Achievements and accolades awarded to the prestigious gold investment companies are noted for acknowledgment.

GoldCo Review

GoldCo is known for its professionalism, careful attention to clients, and consultative approach to help meet customers' retirement goals. Newswire reported on March 15, 2017, that GoldCo and Ron Paul announced an exclusive partnership. The CEO of GoldCo, Trevor Gerszt, at the time said:

"We couldn't have found a better fit than Dr. Ron Paul because his views strongly exemplify our mission here at GoldCo; that is to protect hardworking Americans from devastating financial losses caused by inevitable economic downfalls,"

Gerszt is a self-man who came to America with his parents when he was six. Embodying the American dream, Gerszt worked hard through school and started in real estate. After the 2008 downturn, he realized his purpose. Hard-working American's retirement portfolios had been devastated because of over consolidation into paper assets like the stock market.

GoldCo is the only company acknowledged by the prestigious Stevie Awards. The Stevie Awards are the premier business awards in the world. They were founded in 2002 to recognize the achievements, accomplishments, and contributions of professional organizations and working professionals around the globe. Only the elite professional companies receive a nomination for an award. GoldCo was nominated as the company of the year for financial services.

It is worth noting some of GoldCo's accomplishments in consideration of the 2021 Best Company of the Year award.

 Sales Increase: Since January 2019, the company has grown its revenues by more than 189%.

The Number of Customers Increases: Since January 2019, the company has grown its customer base by more than 138%.

The #of Positive Customer Reviews: Since January 2019, the company has received an increase of 184% of positive customer reviews.

The number of New Employees: Since January 2019, the company has more than doubled its staff of experienced IRA specialists.

COVID-19 growth: When COVID-19 forced the company to move staff to remote working locations, the management team, operations staff, and support teams transitioned all staff to productive home environments. The company experienced its best year of growth and employee satisfaction in 2020.

Read the full GoldCo review.

Augusta Precious Metals

As mentioned above, Augusta Precious Metals is determined to become the elite gold IRA investment company. Over the past year, this gold investment company has invested heavily in streamlining its process to provide the highest quality education in the current economic environment. They are arming the general population with the knowledge of how the current geopolitical policies can affect investments.

Harvard economics alumni Devlyn Steele has almost 40 years of experience in the finance industry. Steele has been releasing weekly updates on Augusta's blog and YouTube Channel. These updates are highly informative as they provide insight into how the financial market has reacted to similar situations in the past.

Unlike other gold ira companies, this company has maintained a perfect record with ZERO customer complaints recorded on any third-party review site. Augusta is the only gold IRA company Gold Hill Retreat has reviewed to date with such an impeccable record. A physical gold IRA company in business for 10 years exemplifies Augusta's attention to an excellent customer experience.

Sometime after becoming a customer, Joe and Augusta reached an agreement with him to be the spokesperson for the company. Read the full comprehensive review on this gold IRA rollover investing company.

If you're looking for a way to protect your retirement savings from the next market crash, contact GoldCo today. With a Gold IRA account, you can buy physical gold, silver, and other precious metals to help shield your portfolio from inflation and uncertainty. GoldCo has some of the most competitive buy-back rates in the industry, so you can be sure you're getting the most value for your investment.