Gold IRAs (or, more specifically, precious metal IRAs) are included in this new line of upcoming IRAs. That’s what we’re focusing on here, explaining in detail what exactly this means for commodity investing, and giving you some of the best gold IRA companies to invest in.
One of the most important steps before opening a Gold IRA is understanding exactly what it means. Knowing more about it and how it works can be the key to making the best investment choices you can.
At the same time, you also have the flexibility to invest in gold-related stocks, funds, and ETFs, as all gold IRAs are self-directed, giving you more control over your portfolio.
Now that you know exactly what to expect from a Gold IRA, here’s a list of some of the best companies to start your IRA with:
Goldco
Goldco is our top ranked and most trusted of all Gold and Silver IRA Companies. Goldco has an A+ with the Better Business Bureau (BBB). A+ is BBB highest awarded ranking. They also get a AAA rating from BCA which is BCA top rating and have received zero complaints on BCA since they were first listed many years ago. This goes along side a five star rating on Trust Pilot and Trust Link.
When it comes to previous customer reviews they have plenty over 210 giving an average customer satisfaction score of 4.88 out of 5 stars
Oxford Gold Group
Oxford Gold Group was formed in 2017, although the partners involved in the company have experience in the industry for more than 20 years.
Oxford Gold Group’s fees are a little different than the companies we’ve looked at before, with annual maintenance fees ranging from $175 to $275 for portfolios worth more than $100,000.
There’s also an annual storage fee of $175 to $225, though an excellent rebate program can offset those costs, giving you up to $2,500 back if eligible to help keep costs down.
Red Rock Guarantee
Red Rock Secured is another major company to consider when starting a Gold IRA.
They were founded in 2009 and have quickly built a strong and respected reputation in the industry for the quality of their service and the number of options they offer IRA investors.
The minimum deposit to start here is $1,500, and the company does advertise the fact that 90% of their customers never pay anything in their lifetime.
Orion Metal Exchange
Orion Metal Exchange is another great company that can provide you with dependable flexibility when opening a Gold IRA.
Again, this full-service broker has earned a very positive reputation in the industry and is known for good promotions that can help you save on some of the key costs associated with a precious metals IRA.
The company is very flexible when it comes to fees, with no setup fees and storage fees of around $100 per year.
In addition to the minimum deposit requirements, it is best to discuss over the phone with a company representative who can do their best to accommodate your needs as an investor.