IRA rollover is where you transfer the funds and assets of one of your IRA (individual retirement account) to another.Regal Assets reviews A gold IRA rollover is where you store your assets in terms of bullion coins and bars and not in terms of paper money.
There are a number of advantages that come with gold individual retirement accounts. One of the advantages is that you are able to diversify your investment; therefore, you don’t have to worry in the event you lose one of your investments or there is inflation.
The accounts also allow you a lot of control of your investments as you can sell or buy more gold as you wish.
How to rollover your assets
To undertake a gold IRA rollover you only need to approach a company that will do all the work for you. For ideal results, you should work with a reputable company.
You should first do your research and understand the best bars to invest in. If you approach a company and the representatives keep on pushing you to invest in certain bars, you should be very cautious as it doesn’t mean that the bars are the best to invest in. There are very high chances that the company is making more money from those bars than on any others.
You should note that most of the IRA companies will charge you setup and storage fees; therefore, you should be prepared for this. While this is the case, there are some companies that will charge you a storage fee depending on the amount of gold you store; therefore, the more bars you store the more money you need to pay.
There are other companies that will charge you a flat fee. Here you don’t need to pay addition fees as you increase your investments.
To ensure that you are working with the right company, you should do plenty of research. This calls for you to read reviews of the best IRA companies to work with.
Best Gold IRA companies
Are you wondering which are the best IRA companies to work with? Here are some of the best ones;
Regal Assets: It was named among the best 20 financial companies in 2013. It has also been featured on many reputable business magazines such as Forbes.
Birch Gold: It’s one of the most popular companies in the world with a BBB rating of A+. It’s lead by very experienced people; therefore, you are assured that you are working with the best.