A gold IRA is a individual retirement account where investors can hold gold or other precious metals as an investment for their retirement. An investor can hold gold coins, gold bullion or other precious metals within their account. A gold IRA needs to be held separately from a traditional retirement account, but many of the rules remain the same. A gold IRA can only be opened through a reputable gold IRA company.
A gold IRA requires that you purchase physical gold or other precious metals and have them stored with a custodian that is approved by the IRS. You cannot store any of the gold within your IRA at home, in a vault or within your local bank. The IRS has specific rules which state that the precious metals that are included within your IRA must be stored in one of their approved storage facilities. Gold IRA is a generic term that refers to precious metals that are stored in an individual retirement account. Gold is the preferred metal to store within an IRA, but investors may also include silver, platinum or palladium within their gold IRA.
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.
A gold IRA cannot be setup by a conventional broker. Their are IRA companies that specialize in setting up a gold IRA. You need to work with one of our recommended gold IRA companies that can handle the entire process for you. These companies have many positive reviews online and thousands of satisfied investors.