.svg)
INVESTING
How to move 401k to Gold without penalty
Goldco
Goldco sets itself apart with its streamlined and straightforward process. Goldco's buyback program makes it easy to liquidate your assets for cash, removing a significant barrier to entry for many investors. Goldco offers educational resources on planning traditional and Roth IRAs, 401(k) rollovers, and planning for SEP and simple IRAs.
Augusta Precious Metals
Augusta Precious Metals has been in the business for almost 50 years and offers top-notch customer service with dedicated specialists to assist you every step of the way. Augusta has received overwhelmingly positive reviews from satisfied customers and has been rated highly
Birch Gold Group
Birch Gold has a dedicated department of in-house IRA specialists who can assist clients in setting up an IRA, rolling over existing funds, and selecting the appropriate precious metals for their accounts. They are well-versed in tax codes, paperwork, and IRA custodian regulations.
Noble Gold
Noble Gold offers complete IRA services and personal investment options that can be shipped directly to your doorstep. In particular, several of their packages are designed with emergency preparedness in mind, making them an excellent choice for those who want to incorporate Gold and silver into their disaster plan.
Looking to move your 401k to Gold? You're not alone. Whether you're worried about the stock market's volatility, looking for tangible assets for emergencies, or simply diversifying your portfolio, precious metals can be an intelligent choice. But buying online can be risky - scammers, inflated prices, and tricky withdrawals are just a few dangers.
It's essential to choose a reputable dealer. But which one? It depends on your needs. If you're looking to roll over retirement funds, choose a company specializing in precious metals IRAs. If you want easily-liquidated assets, look for a dealer offering survival packs at different income levels.
We've seen the good, the bad, and the ugly at our review site. So we've put together a list of five dealers you can trust.
They offer competitive prices, helpful customer service, and drama-free answers to your questions. Don't take chances with your money - invest with confidence.
Our Top Picks for Best Gold IRA Companies 2023
Augusta Precious Metals - Highest Customer Satisfaction
Birch Gold Group - Best Specialists
Noble Gold Investments - Best for Emergency Preparedness
American Bullion - Will Price Match
Goldco
On our Gold IRA
Scale
Recommended $25,000
Gold & silver
✅ Set up gold or silver IRA & buy gold and silver directly
✅ Has buyback program to liquidate assets to cash
❌ Does not provide storage or custodian services
Look no further than Goldco, the top pick for gold and silver brokerage and gold IRA accounts. While several other companies specialize in gold IRAs, Goldco sets itself apart with its streamlined and straightforward process.
Goldco's buyback program makes it easy to liquidate your assets for cash, removing a significant barrier to entry for many investors.In addition to gold and silver purchases for an IRA, Goldco offers educational resources on planning traditional and Roth IRAs, 401(k) rollovers, and planning for SEP and simple IRAs.
As a bonus, Goldco has a program that allows them to send silver to you as a bonus for your investment. This silver is not part of your IRA so it can be allocated to your regular investment portfolio.
One drawback of Goldco is that it doesn't provide storage or custodian services. It is also important to note that as an IRA company, Goldco does not offer services for regular investments. If you want to invest in Gold and silver for your regular investment portfolio, you must work with a different company.
OUR CHOICE
Augusta Precious Metals
On our Gold IRA
Scale
Required $50,000
$50 for account setup
$100 annually for storage
$80 for custodial maintenance
Gold & silver
✅ Highly trained specialists - IRS regulations, tax planning, precious metals, etc
✅ Rated highly by Trustlink, the Business Consumer Alliance, and the Better Business Bureau.
❌ Require a $50,000 threshold for opening
They are looking for a trusted company to buy Gold and silver. Augusta Precious Metals has been in the business for almost 50 years and offers top-notch customer service with dedicated specialists to assist you every step of the way.
Overall, Augusta has received overwhelmingly positive reviews from satisfied customers and has been rated highly by Trustlink, the Business Consumer Alliance, and the Better Business Bureau. Their employee culture is also positive, with Glassdoor rating the company 4.5 out of 5.
If you're using their IRA services, you'll have access to an online account that shows you your investments, with daily updates and information about your assets' growth. And if you have any questions or concerns, Augusta's dedicated specialists are always available to help.
OUR CHOICE
Birch Gold Group
On our Gold IRA
Scale
Recommended $10,000
$50 for account setup
$100 annually for storage/insurance
$100 management fee
$30 wire transfer fee
Gold, silver, platinum, palladium
✅ Dedicated department of in-house IRA specialists
✅ Securely ships the metals to an IRS-approved depository
❌ Only recommend self-directed IRAs
Birch Gold Group has been a trusted provider of precious metals since 2003, offering Gold, silver, platinum, and palladium. They specialize in helping people set up their own gold and silver IRAs, providing IRS-compliant products to fill a newly created account.
Best Gold IRA Custodians
Birch Gold has a dedicated department of in-house IRA specialists who can assist clients in setting up an IRA, rolling over existing funds, and selecting the appropriate precious metals for their accounts. They are well-versed in tax codes, paperwork, and IRA custodian regulations.
The company strongly emphasizes client education and empowers individuals to make informed financial decisions. They aim to create long-lasting client relationships by prioritizing transparency, trust, and communication.
Birch Gold Group has an A+ rating with the Better Business Bureau and makes every effort to resolve customer complaints. Trustlink gives the company 5 stars, and Consumer Affairs has an average review score of 4.8 out of 5. Choose Birch Gold for a reliable and trustworthy precious metals investment partner.
OUR CHOICE
Noble Gold
On our Gold IRA
Scale
$2,000
$225 Annual fee
Gold & silver
✅ One of few IRA dealers to offer precious metals storage in Texas
✅ Royal Survival Packs provide hand-picked assets that can be easily liquidated in emergencies
❌ All fees are not clear before sign up
For individuals who are interested in investing in Gold and silver online, Noble Gold is a highly recommended company. They offer complete IRA services and personal investment options that can be shipped directly to your doorstep. In particular, several of their packages are designed with emergency preparedness in mind, making them an excellent choice for those who want to incorporate Gold and silver into their disaster plan.
The company offers two main categories of products: gold and silver IRAs and survival packs. Their survival packs are designed for personal investments and include hand-selected gold and silver products that can be easily liquidated.
The survival packs are a one-time purchase with no annual fees. However, there is a minimum investment of $5,000.Separately, Noble Gold also offers several types of rare coins for purchase. While these collectibles are riskier investments than pure precious metals, they have more significant potential for growth. Note that rare coins cannot be purchased as IRA contributions, as they are not compliant with IRS regulations.
Finally, Noble Gold stands out as one of the few IRA dealers to offer precious metals storage in Texas, making them an excellent choice for those who want their metals stored close to home.
OUR CHOICE
American Bullion
On our Gold IRA
Scale
$50,000
$50 set-up
$95 custodial account fee *$0 for new customers*
$150 maintenance fee *accounts over $100,000*
$0 storage fee *for new customers*
Gold & silver
✅ Offer a price match guarantee
✅ Low markups on their products (means more value for your money)
❌ Fees rise after year one
American Bullion has a strong reputation for customer service. They have an A+ rating with the Better Business Bureau and have a 5-star rating on Trustpilot.
They also offer a price match guarantee, which means that if you find a lower price on a comparable product, they will match it.
American Bullion offers a wide variety of gold and silver products, including coins, bars, and rounds. This gives investors a lot of flexibility in terms of choosing the products that are right for them.They also provide competitive pricing. They have low markups on their products, which means that investors can get more value for their money.
Final Thoughts
Choosing the right precious metals dealer depends on your specific needs. Fortunately, you can trust any company on our list to provide you with a seamless, hassle-free online experience and top-notch customer service while purchasing Gold and silver.
Top Gold IRA Company of 2023
If you want to open a gold and silver IRA, our top pick is Goldco. They have a team of IRA specialists who make the process effortless, and you can count on lifetime customer support and regular updates on your holdings.
Augusta Precious Metals is another excellent option if exceptional customer service is your top priority. Their knowledgeable employees are experts in every aspect of the investment process and are always available to answer your questions.
Birch Gold is an excellent choice for those who want to focus on IRA investments. They offer educational resources that empower you to make informed investment decisions and have a dedicated IRA Department to help you set up and maintain your account.
American Bullion as we mentioned has a price match guarantee which gives investors the best deal and with their low markups can provide the best value for their money.
If you're looking for a dealer that goes beyond IRAs, Noble Gold is a great option. They offer both IRS-approved products and collector coins, and their Royal Survival Packs provide hand-picked assets that can be easily liquidated in emergencies.
Gold IRA Company Key Considerations
Investing in a gold IRA can be a great way to diversify your retirement portfolio and protect your assets from inflation and economic uncertainty. However, not all gold IRA retailers/companies are created equal, and it's important to do your due diligence when researching potential providers. Here are five key considerations to keep in mind when researching gold IRA retailers/companies:
Reputation and Experience
When it comes to investing in gold, reputation and experience are crucial. Look for gold IRA retailers/companies that have a long track record of success and a strong reputation in the industry.
Consider factors such as how long the company has been in business, their overall customer satisfaction ratings, and any awards or recognitions they may have received. Additionally, make sure that the company you choose has experience in helping investors set up and manage gold IRAs specifically, rather than just general investment services.
Gold IRA Custodian and Storage Options
Another important consideration when choosing a gold IRA retailer/company is the custodian and storage options they offer.
Gold IRAs are required by law to be held by a custodian, who is responsible for maintaining and safeguarding the assets in the account.
Make sure the retailer/company you choose offers a variety of reputable gold IRA custodian options, and that those custodians offer secure storage options for your gold. Ask about the type of storage facilities the custodian uses (such as a depository or bank), the level of insurance they provide, and the fees associated with storage.
Gold IRA Companies Fees and Costs
Like any investment, there will be fees and costs associated with setting up and managing a gold IRA. Make sure you understand all of the fees and costs associated with the retailer/company you choose, including any setup fees, annual account fees, and custodian fees. Look for transparent pricing and make sure there are no hidden fees or charges that could eat into your returns. Additionally, compare the fees and costs of multiple retailers/companies to ensure you're getting a fair price.
Product Options
There are several different types of gold products you can invest in with a gold IRA, including gold coins, bars, and bullion. Make sure the retailer/company you choose offers a variety of product options to choose from, and that those products meet the IRS requirements for inclusion in a gold IRA.
Additionally, consider factors such as the purity and weight of the gold products, as well as any premiums or markups associated with purchasing them.
Customer Service & Support
It is important to consider the level of customer service and support these companies offer. Look for a company that has a dedicated customer service team available to answer your questions and address any concerns you may have.
Additionally, consider factors such as the company's hours of operation, availability of online account management tools, and the ability to speak with a live representative if needed.
Checkout this page in Spanish
Meet the Team
Michael "Mike" Goldstein, CFP®, ChFC®, is the Founder and CEO of SecureGold Financial Advisors. With over 20 years in the financial industry, Mike specializes in Gold IRAs and precious metal investments. Inspired by his family's history and the financial wisdom of his grandfather, Mike is passionate about helping individuals secure their retirement through stable and guaranteed assets. A Certified Financial Planner™ and Chartered Financial Consultant®, he's a trusted voice in the financial community.
FAQ
A gold IRA, also known as a precious metals IRA, is a self-directed individual retirement account that allows investors to hold physical precious metals, such as gold, silver, platinum, and palladium, as part of their retirement portfolio. In contrast, a traditional IRA typically invests in stocks, bonds, and mutual funds.
You can invest in physical gold bullion and coins that meet the IRS requirements, such as American Eagles, Canadian Maple Leafs, and South African Krugerrands.
You can open a Gold IRA through a custodian or a precious metals dealer that specializes in IRA investments. You will need to fill out an application and provide information about your financial situation.
Yes, you can roll over your existing IRA or 401(k) into a Gold IRA. However, there are certain rules and regulations that you must follow, and it's essential to work with a reputable custodian.
Varies depending on which investment company you decide to move forward with. In our article comparing various companies you can see the minimum purchase order needed to invest.
The minimum purchase order to begin investing in Gold IRAs ranges from free to $50,000.
While it's possible to take physical possession of the gold in your Gold IRA, it's not recommended. If you take possession of the gold, you will be subject to taxes and penalties.
Our site, US Mint Gold is here to help provide you with as much information regarding Gold IRAs as possible. We compare the top custodians in the industry for Gold IRAs, have an entire blog on interesting articles relating to Gold IRAs, and have done a lot of the research for you!
That being said, we always recommend that you consult and speak with a financial advisor before making any financial decisions.