Regals Assets vs Red Rock Secured vs Goldco
For the few past years, interest in gold has steadily grown comparing to other goods on the stock market. This is why so many people want to invest in gold, to have a good investment that is not going to be affected much by inflation. Most IRA investors decide to put their money in traditional assets, for example, bonds, or stocks. However, precious metals have become a wonderful investment.
While traditional IRA accounts can be quickly set up and easily managed, a gold IRA involves a bit more. You might need to establish a custodian and an approved depository. Moreover, when you purchase gold, it has to be transferred to a depository and the custodian has to look after it during the process. Because of that, if you want to invest in gold, you have to consider working with a reputable gold IRA company. This way, you can make the whole process easier and safer.
We picked three gold IRA companies for you and compared them to show you some of your possibilities. While investing in gold, you want the whole process to be as smooth as possible. In this article, we compare Regal Assets, Red Rock Secured, and Goldco. Keep reading to learn about the features, fees, and much more.
BEST
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Annual Fee $175+
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Account Min: $25,000
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Coupon: up to $10,000 in Free Silver
BETTER
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Old Reliable Company
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Flat Annual Service and Storage Fees
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AAA rating from the Business Consumer Alliance
GOOD
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Experts available for advice
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Money Back Guarantee
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Good Customer Service
The Most Important Features
Regal Assets
Based on customer reviews, this company seems to be a great choice. It has competitive pricing, and you can invest in other precious metals, not only in gold.
Some of the most important features of this company include:
Segregated storage facility: you don’t have to mix your precious metals with other clients’ items. You get a separate storage facility that keeps your goods in different compartments. Moreover, this facility costs only $150 per year.
Quick shipping and processing: with this company, you can be sure that your gold is going to arrive within a few weeks. The company promises that if delivery takes longer, they are going to give you a free silver American Eagle coin.
Great Expertise: you want your gold to be in good hands. Regal Assets has vast knowledge about IRA and is a trustworthy company.
Red Rock Secured
This Gold IRA provider focuses on protecting the client’s investment. Experts guide the investor through the process of securing gold or other precious metals for their retirement portfolio. They offer various ranges of investments and options for storing goods.
Some of the most important features include:
Storage that you can visit any time: your goods are going to be stored in a secure place which you can see at any time you want. You are also going to get a certification of the ownership of goods.
Home delivery: you can set up the meeting with an advisor and verify if home delivery is a good solution for you.
Goldco
This brand is famous for going the extra mile just to ensure its customers are informed regarding the best decision they might take. Simply put, Goldco has great customer support.
The most important features that Goldco offers its clients:
“White-glove service”, thanks to which you have access to an expert who is going to guide you through the whole process. Goldco offers an education center, which provides clients with a great amount of information.
Competitive pricing: Goldco is a leader in the IRA market and also offers competitive prices that make it a great choice for many.
10% back: if you create a new account, you get 10% back in the form of free silver coins.
This company offers IRA and 401(k) rollover accounts on which you can transfer your retirement funds.
Types of Accounts
Regal Assets
Regal Assets offers clients the following accounts:
401(k)
Palladium IRA
Silver IRA
Gold IRA
Bitcoin
Red Rock Secured
Some of the accounts that Red Rock Secured offers are:
Gold IRA
Silver IRA
Goldco
Depending on your lifestyle and needs, you can start planning for retirement. Goldco offers the following retirement plans:
401(k)
SEP IRA
IRA
SIMPLE IRA
SELF-DIRECTED IRA
Fees
Regal Assets
Regal Assets operates on a Flat Rate Fee. All retirement accounts are charged $250. It’s a flat rate, so no matter what is the value you hold, that’s all you pay.
For the first year, you also don’t pay any extra fee for precious metals. This fee is charged only in the next year from the day you open your account.
Red Rock Secured
This company doesn’t post fees on its webpage. It states that most clients don’t have to pay any fee. However, the minimum amount you have to invest equals $1,500. As a wholesaler, Red Rock Secured passes on cost savings to clients.
Remember to verify the costs of storage and custodial with a representative.
Goldco
Goldco doesn’t show any pricing information on their page, so you would do best by consulting one of their representatives. The recommended minimum purchase is $25,000.
With this amount of investment, the company is going to reimburse your storage fees for one year in the form of silver. The fees for a $25,000 investment are $175 per year. The fee is not going to change until you reach $100,000. Then the fees increase to $225 per year.
How to Open a New Account
Regal Assets
Thanks to technology, you can join Regal Assets in a very simple way. First, you have to fill in the Gold IRA setup form online. Then you wait a bit for Gold IRA to contact you. Their specialist is going to give you guidance and provide you with all the details you might want to know. Your starting investment has to have a minimum of $5,000.
Red Rock Secured
To open an account with this company, contact it and schedule a talk with a representative. You can discuss opening a Gold IRA or ask for other precious metal accounts. Whether you are a small or a big investor, this company can serve you. As a novice, this is a great choice, as representatives are going to tell you everything you have to know about Gold investing.
Goldco
You can set up an account in Goldco very easily. Head to the webpage and fill in the form. In case of any issues, you can consult one of the representatives that are going to guide you through the whole process.
Conclusion
All the companies offer great services and are a good choice if you are planning on investing in gold. Check your investment budget and compare all the options to pick the one that suits your needs best. There is no doubt that gold is the future in the investment world and can provide you with a stable future. It is also a great way to plan your future and stop worrying if inflation is going to ruin your retirement savings.
We think that in the case where we compare similar companies, we would prefer to pick the one with the best customer support. Excellent customer services are crucial, especially when you are just starting out with a gold investment. This is why our winner is Goldco. Even though it requires a quite high primary investment, their support and expanded educational offer make them a winner.