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NANCY L BOUNDS's avatar

I have Roth Ira mostly in cash. How do I protect it. It is not a SIDRA. I have asked before.

Matt Smith @ Crisis Investing's avatar

I'm not personally familiar with these firms but they seem to have a good reputation. They can all help you own physical gold in your Roth IRA:

Three Reputable Firms for Self-Directed Precious Metals IRAs

For investors looking to convert a Roth IRA into a self-directed IRA to hold physical gold, several reputable firms specialize in this service. After extensive research, here are three top-rated companies that can facilitate this process, each with unique strengths.

1. American Hartford Gold

American Hartford Gold (AHG) is a well-regarded firm specializing in precious metals IRAs, particularly gold and silver. They are known for their excellent customer service and competitive fee structure, making them a strong choice for those new to precious metals investing.

Services: AHG offers comprehensive services for converting Roth IRAs to Gold IRAs, including direct rollovers, purchasing and storing IRS-approved precious metals, and providing educational resources. They also offer a free consultation to guide you through the process.

Fees: The company has a minimum account balance of $10,000. Annual IRA management fees are $75 for accounts up to $100,000 and $125 for accounts over that amount. Storage fees are typically around $100 per year. Notably, there is no initial setup fee, and new customers may have their first-year fees waived.

Reputation: AHG holds an A+ rating from the Better Business Bureau and a AAA rating from the Business Consumer Alliance. They also have a high Trustpilot rating, with customers frequently praising their customer service and transparent pricing.

2. Birch Gold Group

Birch Gold Group is another leading provider of self-directed precious metals IRAs, recognized for its transparent fee structure and a wide range of investment options, including gold, silver, platinum, and palladium.

Services: Birch Gold Group facilitates Roth IRA conversions and rollovers from various retirement accounts. They provide personalized consultations with precious metals specialists and secure storage in approved depositories.

Fees: The firm recommends a minimum investment of $5,000 to $10,000. Their fee structure is straightforward, with a one-time setup fee of $50, a wire transfer fee of $30, and a flat annual cost of $235 for storage, insurance, and management. For transfers over $50,000, Birch Gold will pay your first year's fees.

Reputation: Birch Gold Group also boasts an A+ rating from the Better Business Bureau and a AAA rating from the Business Consumer Alliance. They are praised for their educational resources and transparent, flat-fee model.

3. IRA Financial

IRA Financial offers a broader scope of self-directed IRA services, extending beyond precious metals to include alternative assets like real estate, cryptocurrency, and private equity. This makes them an excellent choice for investors seeking greater diversification.

Services: IRA Financial provides self-directed IRAs for a wide range of assets, including precious metals. They offer expert consultation and support for various account types, including Traditional, Roth, SEP, and SIMPLE IRAs.

Fees: IRA Financial has a simple, flat-fee structure with a $0 setup fee and a $495 annual custodian fee. There are no transaction or asset valuation fees, providing a predictable cost structure.

Reputation: With over 25,000 accounts opened, IRA Financial is a trusted name in the self-directed retirement industry. They are known for their expertise in handling a wide variety of alternative investments and for their excellent customer service.

Choosing the right firm depends on your individual investment goals. For those focused on gold and silver with a desire for lower fees, American Hartford Gold is a strong contender. For investors who value transparency and a wider range of precious metals, Birch Gold Group is an excellent choice. Finally, for those seeking to diversify their retirement portfolio with a variety of alternative assets beyond precious metals, IRA Financial offers the most flexibility.

FrensWuiMD's avatar

Doug couldn't sound more like a rootless cosmopolitan.

bitcrypt's avatar

...and Au/gold _quietly_ crossed the $5/oz threshold.

Such heady, "interesting" times we are negotiating; surely this point in time, right now, will resonate loudly in the halls and vestibules of our historical edifice, that is....assuming someone remains capable of recording and later referring to the "Trumpian" era!

Michael Schaller's avatar

I got my Nobel Prize in a yard sale. :)

Michael Schaller's avatar

I read Trump kept calling Greenalnd Iceland. So which is it--Greenland or Iceland? I'll bet the people in Iceland got nervous for a second. :)

John Woodrow II's avatar

Cows like 3 or 4 grand. Graze cows or play god with feed. Then get sick and dead cows. Lol. Then got a lot more work and costs . PTSD thinking about it. Lol. Great video.

John Woodrow II's avatar

Europe where it starts ... better off any where else. Be like china with financial homeless. Imprisoned by cutting off bank account.

John Woodrow II's avatar

Brittish rogue group in Ukraine with cia. British got the blame for blowing up Russian oil refineries plus some military. Russia strikes first . So usa get strikes and trump postpones elections.... green land surrounds Russia. Figure europe gets bombed but usa stands down . Why get destroyed? Scary times ... giving antipsychotics to everybody. Lol. Government detain drug pushers. I'm out in few months to a year.

EJ's avatar

Doug is da man.