How To Get Started With Your Gold IRA

Here are the steps you need to take to get started.

1.  Visit the Regal Assets web site or call their customer service number to speak with a customer service representative.

2.  Fill out their form to request a free information kit.

3.  A representative from Regal Assets will call you to answer any questions you may have.  They’ll also mail you their free gold investment kit. This kit includes information on the history of gold, a special edition of Forbes, a brochure explaining the services they offer, and the paperwork you need to get started with the process.

1.  Reviews and Ratings

There’s no better way to judge a company than by looking at what previous customers are saying.  That’s why you should always put a lot of consideration into a company’s BBB rating, as well as reviews from other sites such as Yelp or Trustlink.  This is one of the biggest factors we took into consideration ranking the top gold IRA companies to work with.

2.  IRA Fees and Policies

The fees and policies should be another big factor in your decision of selecting a 401k to gold company.  Some companies will just charge flat annual fees, while other companies have a scaled fee model that increases as your account size increases.  These scaled fees can add up a lot, especially if you’re investing more than $50,000 or plan on growing your gold IRA account over time.  We recommend choosing a company that has a flat annual fee that won’t increase as your account size increases.

Make sure you understand the exact cost for the storage fees.  Unfortunately, some gold companies claim to have a flat-rate storage fee, but fail to mention that there is a limit of how much gold you can store.  So if you go past that amount with additional investments, you could exceed their storage limit and occur thousands in additional storage fees.  That’s why we recommend our visitors to use a company like Regal Assets, as the have a flat storage fee, no matter how much you invest in your account.

3.  Account Setup and Delivery Times

An important factor to take into consideration when buying gold is a company’s delivery time.  If you’re rolling over an existing retirement account into a gold IRA, the IRS has a 60-day time limit before penalties and extra fees incur.  Most gold dealers should be able to deliver your metal within 30 days, but some can take much longer.