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To live your life up to its complete potential right now without constantly having to worry about the future, you need to make reliable investments. If you want to make the most out of your current savings and keep them secure from economic uncertainty, then a silver IRA rollover is what you’re looking for.
To help make the process of selecting which silver IRA company is the best for you, we have compiled a list of some of the most well-known reputable companies that offer IRA rollovers.
Top 4 Silver IRA Companies of 2023 At A Glance
- Augusta Precious Metals: Editor’s Choice Best Silver IRA Rollover Company Overall
- Goldco: Runner up – Best Customer Service and Pricing
- American Hartford Gold: Top Investing Choice For Beginners
- Birch Gold: Great Selection
#1 Augusta Precious Metals: Editor’s Choice Best Silver IRA Company Overall
First on our list is Augusta Precious Metals, a leading company that offers precious metals IRAs. Augusta is well-known for its exceptional customer service; they believe in forming long-lasting, trusting relationships with all their customers. They want to educate their clients on all things related to gold and silver IRAs and rollover IRAs.
They have a very simple three-step setup for a self-directed IRA. With their assistance, you can set up your account in no time. The first thing they do is connect you with a gold specialist that understands your needs and guides you in the best possible direction for you.
The specialists take time to study your case and then suggest to you what plans will give you the most profit according to your budget in the future. They also educate clients on all possible risks and important details about the silver market.
What sets Augusta Metals apart from other companies is that not only are they providing you with assistance when you are opening an account, but even after your account is ready, they equally prioritize all customers and their needs. If you’re working with Augusta, you would never have to hesitate to ask for any help.
Augusta makes three important commitments to its clients: transparency, simplicity, and service. They are completely honest with their potential customers about all their fees, quality, and other details. They make the process as simple as possible for their clients and even provide paperwork assistance. They are always at your service, ready to assist you with their helplines and chat features.
All the bullions you purchase from Augusta, regardless of which precious metal it is, are safely kept in one of the most secure places in the US, Delaware Depositary. You do not have to worry about your physical assets as they are highly guarded and out of reach for facility workers.
Pros:
- Simple 401k, IRA and other retirement rollover program into silver ira
- Excellent Buyback program
- AAA rating by BCA (Business Consumer Alliance)
- Has been approved by BBB (Better Business Bureau)
- Friendly customer assistance while setting up and throughout the time you work with them
- Have 24/7 chat assistance available on their website for help on any matter
- 5-star ratings on trust link
- Have received zero complaints from clients
- Easy and simple three-step setup
Cons:
- Minimum investment of $50,000 is required in the beginning
- You can not set it up online
- Not a wide selection of bullions to select from
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#2 Goldco: Runner up – Best Customer Service and Pricing
Last but not least is Goldco, known for being the perfect company for individuals fairly new to gold and silver investment. Goldco has one of the easiest self-directed IRA setups and assists the entire process. With a Goldco IRA, you can purchase silver, gold, platinum, and palladium bullions or a combination of these.
Goldco is great for beginners because they suggest an investment plan specific to their needs and requirements to all their clients. They introduce you to custodians that would be best for you, and the best thing about Goldco is that they offer a solid buying back plan with their IRA, so that is another weight lifted off your shoulders.
They have very friendly customer service, and they also offer chat assistance at all times on their website to all individuals. For beginners, they also offer an informative guide you can sign up for on their website, which contains all important investment information.
Goldco does not have heavy annual maintenance charges like other brands, making it easier on the pocket. You can completely trust Goldco with your money because it has 5-star ratings on multiple reviewing platforms like trust pilot and has also been accredited by CAA (Consumer Affairs Accredited).
Pros:
- Received an A-plus rating from BBB (Better Business Bureau)
- Accredited by BCA (Business Consumer Alliance)
- Thousands of positive customer reviews and 5-star ratings
- Offer 24/7 chat assistance on their website
- Low annual maintenance charges
- You can sign up for a free-of-cost information kit on their website
Cons:
- You have to invest a minimum of $25,000
- Do not accept payments via credit or debit card
- No online setup option
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#3 American Hartford Gold: Top Investing Choice For Beginners
Coming in next is American Hartford Gold, a California-based company. American Hartford gains popularity from its immediate and high-quality services and delivery, and they also offer one of the easiest self-directed IRA setups. They educate all their clients and others on the importance of diversification of savings and how a good chunk of your savings should go towards precious metals investment.
They offer to sign up for a free-of-cost information guide on their website that tells you more about how silver and gold IRAs help your savings hedge against inflation. Their guide also contains more professional information and advice on investment and IRA rollovers.
They believe in assisting their customers at all times, which is why they have a 24/7 live chat option on their webpage, which you can use at any time for any query. They also have a helpline on their website that connects you directly with a gold and silver specialist to answer your more important questions in better detail. They train all their staff to guide you in the best possible way according to your needs.
They have a very simple IRA setup process. A professional first studies your case and suggests a plan suited for you; then, you can fund your IRA and start purchasing silver and other metal bullions. They offer a wide range of bullions such as bars and coins. The biggest relief is that they provide immediate and safe delivery of your physical assets right to your doorstep so that you won’t be worried for days. They have thousands of positive reviews on multiple reviewing platforms, including trust pilot.
Pros:
- One of the top leading gold and silver IRA company
- Helpful customer service
- 5-star ratings on trust pilot
- Offer one of the widest selection of bullions
- Connect you with an investment specialist through a phone call
- Offer a 25-page free information kit on rollover IRA, silver, and other precious metals investment
- Live chat option on their webpage for all queries
- Immediate and safe delivery of bullions after purchase
Cons:
- Their transactions take around 3-5 business days
- Currently, they do not deliver outside the United States
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#4 Birch Gold: Top Choice For Beginners
Next on our list is Birch Gold, a company approved by both BBB and BCA. Known for its simple and quick service, Birch Gold offers gold and silver IRAs and IRA rollovers. At Birch, they understand the trust customers put into the company with their huge amounts of savings, and that is why they provide top-quality services and assistance. They are known as one of the largest gold and silver dealers in the United States.
Birch gold wants its customers to receive the best possible outcome from their investments, so its first step with new customers is to connect them to gold and silver specialists. These specialists study the client’s case and then offer advice unique to their needs. Birch offers bullions in four precious metals: gold, silver, palladium, and platinum.
Keeping beginners in mind, Birch has a free information guide for all new clients, which they can sign up for on their website. The guide contains all possible important information on silver and gold investment. For further assistance, they also have a 24/7 live chat feature and helpline number on their webpage.
Birch offers one of the easiest self-directed IRA setups. After your purchase, they also offer quick delivery of all physical assets. What sets them apart is their effort to study each client’s case individually and then suggest a plan. They have received many 5-star reviews on platforms such as trust pilot because customers find it one of the easiest companies to work with that has excellent services.
Pros:
- Received triple-A rating from BCA (Business Consumer Alliance)
- Has an A-plus rating from BBB (Better Business Bureau)
- Get you direct contact with financial and gold specialists
- Offer various precious metals like gold, platinum, silver, and palladium
- 5-star ratings on trust pilot
- Offer immediate delivery of bullions after purchase
- Offer sign up for a free information kit on silver and gold IRAs
Cons:
- Minimum investment of $10,000 is required
- No solid buying back plan offered
- Can only sign up through a specific link
- Have hidden fees
>>> Click Here For Free Gold Kit <<<
Benefits of Silver IRAs
There are countless long-term benefits to setting up a silver IRA than any other typical investment plan. As important as it is to diversify your savings to ensure a financially stable future, you want to make sure you do not end up making non-profitable investments. Silver IRAs help secure a portion of your savings, as there are high chances of profit in the future, and silver is not massively impacted by inflation and deflation.
Setting up your silver IRA is one of the easiest processes out there. All reputable companies have very simple few-step IRA setups. Working with precious metal investment companies makes the whole investment process much more stress-free as they do most of the work for you. Most companies also offer professional assistance while setting up, and even after you are done setting up your IRA, their advice helps you gain better knowledge and invest in the best possible plan.
Silver is not that expensive compared to other precious metals, but that does not define its value and potential to grow. With silver IRAs, you do not have to invest huge amounts of money right away; since it’s inexpensive compared to gold, you can start with whatever amount you feel comfortable with. It is highly unlikely for silver to lose its value over time, so a profitable return is guaranteed.
One of the biggest headaches when it comes to investments is finding yourself a solid buying back plan. In the future, if you faced an unfortunate event and needed to pull out some of your investments, you would need to convert your physical assets into money immediately. When you work with investment companies, one burden that is taken off your shoulders is the buying back. All top companies offer amazing buying back plans with their IRAs. With silver IRAs, even if you did not have a buying back plan with your company, silver is easier to sell than other precious metals.
Why Invest in Silver IRAs?
Although there are so many investment options out there, here are some of the most important reasons why investing in precious metals and more specifically silver, is the best option:
Strong Industrial Demand
Our country’s economy changes daily. Many things go out of demand, and it is possible for their demand never to increase or recover. Silver is one of the most popular precious metals, and its value has only increased as time progresses.
A lot of different industries have a very high demand for silver. Silver’s industrial demand has reportedly increased over the years with more industries using it. This increase makes silver one of the most profitable metals to invest in. With silver, you are free of worries, and if you study the market and its trends, you will understand that in the long run, silver’s increasing demand will only double Ira value. If you were to invest a good portion of your savings into silver right now, it would probably give you large returns.
Even in comparison to gold, silver has more industrial demand. So a silver IRA is not only less expensive, but its demand is increasing by a greater percentage than gold.
Global Demand
If you were to look at the growing popularity of silver globally, you would understand how beneficial investing in it is. If you compare silver’s yearly global demand rate, you can see that not only does it increase every year, but it increases by a greater percentage every year.
Countries all over the world have industrial demand for silver and for investment purposes as well. This constantly increasing demand for silver makes it a great investment opportunity as your metal will hold its value and increase it.
With a silver IRA, you won’t have to constantly worry about your asset’s demand as it is quite popular globally. With other investments such as stock, real estate, or crypto, you constantly have to study the market and the changes taking place in it. With silver, however, the market is always quite stable with little to no fluctuations in its value.
In comparison to gold, silver has recently shown an increasing global demand. Silver IRAs are more beneficial currently because more and more people are investing in silver, making it grow more popular. People find it easier to invest in silver because it is less expensive and shows a greater increase in value.
If for unfortunate reasons, your currency’s temporarily devalued, with your silver bullions, you are more at ease than others because your metal still has its value. You can sell a portion of your bullions anytime and anywhere because silver is not affected by inflation or currency fluctuations.
Hedge Against Depreciation
Investments like bonds, stocks, real estate, and crypto are easily susceptible to damage by economic instability. If you invest your savings into stock or bonds when the market crashes, you could lose all your money. You can’t calculate how long it would take for the market to recover, whereas, with precious metals, you are at ease because currency’s depreciation barely affects silver.
Inflation and deflation also heavily affect almost all investment plans; silver, on the other hand, is a metal that holds its ground. Even if the value of the silver is slightly affected due to economic turmoil, it is very quick to recover. If there is a decrease in the silver prices due to uncertainties, in the long run, your physical assets will gain so much value that this decrease in silver prices wouldn’t be felt.
It is the smarter decision to invest a good portion into silver IRAs because in times of need, if your other investments are in a loss due to depreciation, you would have the chunk of savings you invested in silver for you to rely on. Your mind can be at peace during times of the country’s economic instability that a portion of your savings is unaffected.
What is A Silver IRA Rollover?
A silver IRA rollover is a simple and easy process by which you can switch from your current retirement savings plan to a silver IRA. If you want to diversify your savings and secure a good part of your savings, you need to invest in physical assets like precious metals. Most companies offer IRA rollovers, with which you can easily follow a few simple steps and transform your current IRA into a silver or gold IRA.
With a Silver IRA rollover, nothing gets complicated; it feels exactly the same as your old investment plan. Instead of having an IRA that holds stocks, bonds, or another currency, you now have an account in which you are purchasing silver bullions with your savings. These bullions come in different forms, such as coins, bars, or even jewelry; what type of bullions you purchase is totally up to you.
Once you have moved over your funds from your current IRA to a rollover silver IRA, you can then purchase these bullions. These bullions are then securely moved to guarded depositories. All companies work with different depositaries. Depending on which facility you find more trustworthy, you can select the company you want to work with.
The silver safely rests in these depositaries until your retirement or future needs. The process of rolling over is entirely tax-free, so you are getting more profit from your savings without extra charges.
Understanding What a Silver IRA Rollover Entails
Once you truly understand the benefits of a silver IRA, you will know how important it is to roll over your current savings plan. There is no guarantee for the savings in your current IRA or investment plan to double their value or even hold their value in the future. The money in your current retirement plan is susceptible to impact from the changing financial situation and inflation.
Suppose you were to put all your savings towards a typical IRA when currency devalues or there is an economic crisis. In that case, you could potentially lose all your savings. Still, if you diversify your savings, the silver IRA would not be as heavily affected by the crisis and recover from the damage fairly quickly.
At the rate at which silver’s popularity is growing, your money is better off in a silver IRA than it is in any other investment plan. At times investments like stocks, crypto and bonds don’t show growth, whereas if you rolled over to a silver IRA, your bullions would hold greater value with each passing year.
Precious metals IRA rollovers are generally a way better decision. However, specifically, silver as the type of metal you purchase in the majority is a better decision because it has increased global and sectoral demand than any other metal. Silver is also cheaper than gold, so you would be intimidated when investing in it.
Which Accounts can be Rolled Over to a Silver IRA?
Many people have this misconception that their current retirement plan can not be transferred into a silver IRA. With typical investment plans that employers offer, you can not invest in precious metal bullions which is why IRA rollovers have become so common. Most investment plans that people have are actually eligible for a rollover. Any bank that has a Roth, Traditional, Simple, or SEP-IRA can transfer their funds to a silver IRA anytime.
These retirement accounts and other accounts like 401(k), 403(b), TIAA CREF, 457 Deferred Compensation Plan, Thrift Savings Plan, Pension Plan, non-prototype IRA, and Beneficiary IRA are also eligible for a rollover. It is up to you how much of your funds from your current account you want to move to your silver IRA.
Some companies, however, might not always offer silver IRA rollovers with all these types of accounts, so make sure to ask questions and learn whether the type of account you have can be rolled over with the company of your choice or not. The process itself is not time-consuming; once you have all your details sorted, it just takes a few simple steps to transfer funds from one account to the other.
A “Hassle-Free” Silver IRA Rollover
As lengthy and hectic as a silver IRA rollover may sound, it is actually a quite simple process without any hurdles. You can start off by speaking to your financial advisor, and they can help you decide what portion of your savings you should be investing where. You can then decide which company you want to work with, and most companies nowadays offer easy silver and other metal IRA rollovers.
Once you have made sure that your current account is eligible to be rolled over to a silver IRA, you can then proceed. With a simple phone call or visit your former custodian, you can have your funds transferred from your current IRA or investment plan to a silver IRA. This transaction is free of tax consequences, so that is one less thing for you to worry about.
A self-directed silver IRA gives you so much more control over your savings. You can then use these funds to purchase silver or other precious metals bullions.
Final Thought – Best Silver IRA Rollover
At the end of the day, the best IRA company for you will be the one that ticks all your boxes and provides you with the best possible investment plan for the future. Every top company mentioned in this guide offers various silver IRA rollover and investment plans with professional assistance.
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However, Augusta Precious Metals is the one company that takes the win and is the best in all aspects. This company is known all over the country for its amazing and top-quality customer service. One thing that we all look for when investing into something is proper guidance and assistance; with Augusta, you get just that. At Augusta, they assist you with professionals when you are setting up your account, and they keep providing you this assistance for the entire time that you avail their services.
Not only that, but Augusta’s reviews speak for themselves. Augusta has been on the “best of” list of trust links for years, and it has also been approved by BBB and BCA, which are two very reputable platforms. The bullions you purchase from them are stored in one of the US’s most guarded facilities, so your heart will be at peace.
We find that if you are unsure about your current investment plan, you should definitely opt for a silver IRA rollover. However, the ball is in your court, and it is only for you to decide what type of investment is the best for your future needs.
Published by: Zeest Media & Marketing