You can invest in a gold IRA through a gold IRA company. It’s important to go with a gold IRA company that has a good reputation. They offer specialized services to help you setup the gold IRA account, purchase the precious metals that you want to add into the account, and help you transfer those precious metals to a IRS-approved custodian that will store the precious metals within their safe and secure storage facility.
You will need to have a self directed IRA to begin investing in precious metals. You can have a traditional IRA or a Roth IRA. With a traditional IRA, you will need to pay the taxes when you withdraw funds from the IRA. If you go with with a Roth IRA, you will need to pay the taxes when you deposit the funds into the account. Your choice of IRA is dependent on when you want to pay the taxes due on your precious metals.
GoldCo is an A+ BBB rated company in California that offers IRA approved precious metals. They are professionals that can help you roll over your IRA into gold or silver, find the best custodian for your precious metals, and then ship your metals directly to a depository. GoldCo has 16+ years of experience helping customers setup a gold IRA.
Birch Gold Group is an A+ BBB rated company in California that offers a wide range of IRA-approved metals. They offer various storage locations from Equity Trust, Goldstar Trust and STRATA Trust. They have 15+ years in the business and over 7,000 satisfied customers. They are a trustworthy gold IRA company that offers 1-on-1 care.
We highly recommend that you setup a gold IRA with one of these companies. Both of these companies have a solid reputation and they can easily guide you through the process of setting up the account, funding the account, and then transferring all of your precious metals over to the IRS approved custodian.
Why Choose A Gold IRA?
How To Invest In A Gold IRA?
A gold IRA application can be completed quickly, if you have everything ready. It could take up to 30 minutes to complete. The process of setting up your gold IRA can take less than one business day. It greatly depends on the gold IRA company that you choose to work with. Some of these companies work faster than others. Go with an IRA company that we’ve recommended to quicky speed through the process.
The longest part of the process is funding your gold IRA. A funds transfer or rollover may take 7-10 days to complete. If you send a paper check, then the process will definitely take much longer. The length of time that it takes to fund your account will depends on the method that you choose and the policies of your existing custodian, the bank, and the IRA company that must verify that they’ve received the funds.