Last Updated Jan 12
No first-year fees
Easy account set up
Comprehensive learning center
Lifetime support
In business since 2012
No small lots for gold coins and bars
Good range of gold options
Dealer-direct company
Free coins
Reliable customer feedback
In business for quite some time
Stellar consumer-site ratings
Great buyback program
Various storage options
Reliable customer desk
First year is fees-free for qualified orders
Stellar customer care
Good consumer rating
Celeb-endorsed
IRA rollovers available
Flat rate in storage and services fees
Learning center
Buy-back program
Simple gold IRA set up
Free gold guide
Satisfactory consumer ratings
Competitive pricing system
Great client support
Storage with any IRS-approved depository
Experienced founders
Free investor kit
25-page gold guide
Customer satisfaction guarantee
Buyback guarantee
Low annual fees
Free storage available
In business for quite some time
Convincing consumer ratings
A decent range of gold coins
Free investment kit
Learning center
Free storage on purchases worth $50,000+
Learning center
Compettive client support
Free guide
Buy-back program
Buy-back program
Learning center
Convincing consumer ratings
Experienced founders
Solid range of coin options
Free evaluations to assess your needsVideo, phone, live chat, messagingUnlimited messaging, cancel anytimeWe invest a lot of resources into bringing you high-quality content. However, the information on this site should not be treated as professional advice, be it medical or any other. Before choosing an online therapy service, we recommend consulting with a physician or other professional healthcare provider. Please do not use this site if you or someone you care about are in a crisis or may be in danger. These resources can provide you with immediate help.
We find the 10 best options, so you can make informed decisions on tons of products and services.
What’s a Gold IRA?
It’s similar to the regular IRA in terms of tax benefits, only it doesn’t deal with money but precious metals, including gold.
This self-directed retirement account (gold IRA) is also known as a precious metals IRA. Think silver, palladium, platinum, and of course, gold.
Do You Pay Tax on Gold?
Like art and antiques, gold and other precious metals are classified as collectibles. Meaning, you pay tax only if you make a profit.
How Is Gold Taxed In an IRA?
Gold is taxed in an IRA once you’ve cashed it out. It’s taxed using a marginal tax rate, just like ordinary income. Gold IRAs attract additional taxes (and fees), though. This includes a 10% penalty on any gold cashed out before you (the account owner) are aged 60.
How Do You Transfer a Regular IRA to a Gold IRA?
Switching an existing IRA to a gold IRA is as easy as 1, 2, 3… Get starting by informing your existing IRA administrator about it. Next, fill out some paperwork and wait for the administrator to do their thing – wire the funds to your gold IRA.
Then, bingo! You’re all set.
Why Switch a Standard IRA into a Gold IRA?
While both accounts boast special tax benefits, a gold IRA comes with added benefits. It helps diversify your portfolio, shield your hard-earned $$$ from inflation and grow your investment.
Where Can You Open a Gold IRA?
You can open a gold IRA with any of our top picks. All of these are reputable gold IRA companies, and some have stood the test of time.
We assessed our entries based on key metrics, including experience, cost, product selection, etc. So, feel free to hop onto one and get the ball rolling.
This website was created to assist customers make confident selections on the internet. Information about a variety of goods and services is included, including prices and special offers. Specific information, such as as but not limited to price and special offers, are supplied directly to us by our partners and are subject to change at any time without notice. The data we provide is based on extensive study, but it does not constitute legal or professional advice or forecasted earnings and should not be treated as such.
Copyright © 2021 – Top Gator. All Rights Reserved.
