What are Regal Assets?

Regal Assets is one of the top-rated gold IRA companies currently available for people. Overall, it helps you invest in precious metals so that you can protect your investments. Considering that 95% of Regal Assets’ work involves IRA rollovers, this is an excellent option for most people.

Additionally, Regal Assets recently allowed its users to invest in digital assets too, such as cryptocurrencies. If you want to use cryptos, you may request the “Regal Wallet,” which is the company’s digital wallet for Bitcoin, Ethereum, Ripple, Litecoin, and others.

What is Monetary Gold?

Monetary Gold is a precious metals dealer. As with Regal Assets, it allows you to invest in several precious metals, including gold and silver. As the company’s website has stated, it’s planning on adding other metals, such as palladium, in the future.

One of the most remarkable things about Monetary Gold is that it’s one of the few companies that put you directly in contact with the seller, instead of working as an intermediary agent; this way, you’re likely to get lower fees on your transactions.

What is Goldco?

Goldco is the newest company on this list; it was founded in 2006. Overall, it allows you to request self-directed precious metal IRAs. This company is suited for investors who don’t want to deal with the stock market’s volatility.

It’s important to note that Goldco doesn’t provide storage or custodian services, but the company works with reputable IRA custodian companies; this allows you to create your account comfortably and transfer IRAs from other companies into a new, self-directed precious metal IRA.

Types of Accounts and Services

Each company has particular parameters that you must be aware of before opening an account. Here is an overview of each of the company’s services.

Regal Assets

Regal Assets works with the following types of IRA accounts:

• Thrift Savings Plan

• Traditional IRAs

• Gold/Silver IRAs

• Roth IRAs

• Self-Directed IRAs

• 401 (k) Rollovers

• 403 (b) Rollovers

• 457Rollovers

As mentioned before, the company allows you to invest in several precious metals, such as gold, silver, platinum, and palladium; it also allows you to invest in cryptocurrencies if you want.

Monetary Gold

These are the types of accounts that you can work with Monetary Gold:

• Traditional IRAs

• Gold/Silver IRAs

• Roth IRAs

• Simplified Employee Pension (SEP) IRAs

• 401 (k) Rollovers

• 403 (b) Rollovers

At the moment, you may choose to invest in precious metals such as gold and silver. Keep in mind that Monetary Gold currently allows the purchase of coins, although it may allow you to also buy gold bullion.

Goldco

Goldco works with the following types of accounts and services:

• Self-Directed IRAs

• Traditional IRAs

• SIMPLE IRAs

• Roth IRAs

• SEP IRAs

• Gold/Silver IRAs

• 401 (k) Rollovers

• 403 (b) Rollovers

Currently, you may choose to invest in gold and silver products. Additionally, you can invest in palladium and platinum in case you want to expand and diversify your portfolio.

Fees

The fees you get charged for these services may vary depending on what you decide to do with your investment and the company you go to. However, here is an overview of the most common fees that you must pay for these companies:

Regal Assets

It’s important to note that Regal Assets doesn’t charge you any set-up fees. Additionally, additional fees are waived off for the first year in the case of precious metal IRAs.

Annual Fees

• Administrative Fees: $100
• Storage Fees: $150

Minimum Investment: $10,000

Monetary Gold

Overall, your fees may vary depending on what the asset’s price is at the moment, but here is a list of fixed fees that you may have to pay:

One-Time Fees

• Delivery Fee: $30

Annual Fees

• Storage and Insurance Fees: $100 for up to $100,000 of gold and $1 for every additional $1,000 worth of gold.

Minimum Investment

• Recommended Minimum: $5,000 to $10,000. (Keep in mind that the minimum may vary depending on the custodian).

Goldco

One-Time Fees

• Wire Fees: $30
• Account Set-Up Fees: $50

Annual Fees

• Annual Maintenance/Administrative Fees: $80 Plus Storage.
• Storage Fees: $100 in the case of non-segregated storage. $150 in the case of segregated storage.

Minimum Investment

• Precious Metal IRAs: $20,000 to $25,000
• Cash Sales: $3,500

How to Open an Account

Regal Assets

• Step One: Fill out the online registration form on Regal Asset’s website.
• Step Two: Regal Asset’s team is going to contact you to gather all the required paperwork.
• Step Three: Sign your paperwork online and wait for the team to set up your account.
• Step Four: Choose the precious metals you want to invest in.

Monetary Gold

• Step One: Contact a Monetary Gold IRA specialist to begin your set-up process. You may ask the IRA specialist any questions you may have during this process.
• Step Two: Wait 48-72 hours until your account is ready and available for funding.
• Step Three: Write a check for your account or transfer funds from another qualified IRA account or 401 (k) rollovers. You may also use wire transfers to fund your account.
• Step Four: Work with your IRA specialist to choose the right precious metals for your account.

Keep in mind that Monetary Gold works with reputable storage companies, and it inspects, processes, and insures each order you make with it.

Goldco

Goldco’s sign-up process is fairly similar to the ones mentioned above. However, we’re still including the full sign-up process to give you a clearer idea of how it works:

• Step One: Contact a Goldco IRA specialist to begin gathering the required paperwork and open your account.
• Step Two: Transfer your funds to your new Goldco IRA. You may use transfers from other qualified IRAs or 401 (k) rollovers or use wire transfers. Remember that you need a minimum of $25,000 to start using your account.
• Step Three: Choose the precious metals you want to invest in and store with your Goldco account. You may choose from bars and coins.
• Step Four: Finish placing your order so that Goldco’s team can contact its deposits to get your precious metals stored safely.

Final Thoughts – Which Company is Best for You?

As you can see, all three companies are fairly similar. The main difference between these companies relies on fees and particular features. We believe that all the companies are great choices if you’re looking to diversify your portfolio and fight inflation and market volatility. Still, you may choose the one you feel the most comfortable with.

In this case, we’re going to choose Goldco as our best pick for precious metal IRAs since it involves a simple account set-up, many possibilities for portfolio diversification, and certified depositories for your gold or silver. Overall, if you have the possibility to invest the minimum required with Goldco, we suggest you go for this one.

Visit Goldco website to get Free Investment Kit