Many Americans are adding precious metals to their existing IRA account or other retirement savings. Thanks to gold IRA companies that work hand in hand with gold IRA custodians, the process of setting up a gold IRA is very simple.
If you are interested in learning more about the precious metals industry, as well as the role of gold and silver as a safeguard to help diversify your retirement savings, step one is to request a free gold ira kit from one of the gold IRA companies listed below.
Gold IRA Companies Offering a Free Gold IRA Kit
Each gold IRA kit will outline the importance of adding alternative investments to your retirement. The educational materials provided, 100% free, are second to none. Each company on this list has been fully vetted and has earned accolades in tandem with being highly rated by all major third party watchdogs like the Better Business Bureau, Trust Pilot, and more.
Some of the companies even offer free silver with qualified investments, so you should request a free gold IRA kit from multiple gold dealers and interview all of them. An IRA kit should have a transparent free structure outline, give you an idea of storage options, and share with you investment minimums.
Not All Precious Metals IRAS are Equal
We help people make informed decisions when investing money. Each gold IRA company listed here offering the free gold IRA kit will have many similarities, such as offering the security to investors to purchase gold coins, bullion coins, and other precious metals, but they will vary in the following:
- Fee structure
- Buyback program
- Storage Options
- Free Silver
Also, the only vetted firm we’ve found that offers platinum and palladium is Noble Gold, so if you are looking for those precious metals in particular, you should order your gold IRA kit from them.
Which Gold Coins are IRA Approved?
We outline IRA approved gold and silver on this page. Rest assured, the precious metals iras we link to on this website only deal in gold coins and other precious metals that are IRA approved. If you veer off this list, you could land your gold IRA in hot water later down the line if you decide to purchase precious metals that are not approved. Make sure you only add gold and silver that is 100% approved to your account or you could lose the tax benefits that a gold IRA offers.
Why Open a Gold IRA?
A gold IRA offers many benefits for investors.
1) Physical precious metals are regarded as a safe have asset. This means that when stocks and even your mutual fund investments tank, precious metals tend to gain in value.
Gold has surged from under $2,000 an ounce to over $3,300 in just the last couple years. In that time frame, we’ve seen wars, geo-political turbulence, changes in leadership, inflation, and other factors create a huge demand for gold and silver. Precious metals IRAS have gained momentum during this time, and Central Banks have stockpiled gold during these years as a way to safeguard themselves in case of bank failures. With several banks failing in 2023, the gold IRA became a very popular investment for anyone who jumped in at that time. Those investors are already seeing massive returns while stocks have been in limbo during those years.
2) Hedge Against Inflation. It doesn’t take a financial advisor or investment guru to tell you the purchasing power of the U.S. Dollar has completely tanked. If you stockpiled gold in the same amount of cash and let it sit there over time, the gold helps create wealth by never losing it’s value. Gold is a very simple way to diversify any savings account and protect your wealth by investing in something that has intrinsic value.
3) Portfolio Diversification. Any retirement educator that knows how to manage money will tell you that you must diversify. Yet, many investors simply fund their account with stocks in other industries. This is not enough. Precious metals offer benefits that range from scarcity, to being an inflation hedge, being very low to carry in terms of fees each year (compare gold storage fees to that of your financial advisor), and being highly liquid.
Adding precious metals to a gold IRA is something to consider with 5-20% of your portfolio value to help protect it against the many outside factors that affect traditional investments.
Protect Your Retirement Savings Today
Requet a gold ira kit. If nothing else, it will open up your eyes on how precious metals IRAS work, their importance in your retirement plan, and why billionaires hold a significant amount of their net worth in gold. The IRA kit is free, and you’ll get an education on gold and precious metals that will without a doubt show you why they provide security for your money.