Noble Gold Investments vs. GoldCo vs. JM Bullion – Taking A Look At Some Of The Top Precious Metals IRAs
by Arnab Dey Investing 14 June 2022
An Individual Retirement Account (IRA) allows you to save for retirement, with the contributions to the IRA being exempt from taxation.
A regular IRA allows you to hold different types of assets, sometimes called paper assets, such as bonds. However, there are precious metal IRAs that allow you to invest in different precious metals such as gold and silver. In this article, we will be comparing three of the best precious metals IRAs.
Noble Gold Investments:
Noble Gold Investments was established in 2017, and it primarily specializes in gold IRAs. It is one of the best-performing companies in this sector and therefore it is considered one of the leaders in this industry.
Noble Gold Investments is also a great precious metals IRA platform because it has a variety of precious metals that you can add to your portfolio in addition to the usual gold and silver. The company has helped thousands of people diversify their retirement portfolios.
Pros
- Noble Gold Investments has an amazing customer support
- The company has great reviews from their past customers
- Transparent fees
- Easy account setup that takes less than five minutes
- Very low minimum investment amount
- It has a home delivery service that is available for its Royal Survival Pack customers
- The company does not use any high-pressure sales tactics
Cons
- Noble Gold Investments has been around since 2017 so it does not have a long-standing reputation
- Its coin prices are not listed online
GoldCo:
GoldCo provides precious metals IRA services and is located in California. The company was established in 2006 and has changed names several times in its lifetime.
The company sells precious metals directly to clients in addition to offering IRA services. To get started, you can visit their website at goldco.com to learn more about their services.
Pros
- GoldCo has amazing customer services
- It has promotions from time to time
- It has a flat fee structure that is easy to understand
- Competitive annual fee
Cons
- Their minimum deposit starts at $25,000, which is quite high for a lot of people.
- It has very high premiums on exclusive coins that people might be interested
- GoldCo does not offer any palladium or platinum IRAs
JM Bullion:
JM Bullion was founded in 2011 as an online gold dealer. They offer precious metal IRAs with some of the metals they focus on being gold, silver, and platinum. They provide these services through their website at jmbullion.com, where they also post the prices of various precious metals.
The difference between these and other platforms is that JM Bullion does not offer IRA services directly. Instead, they work with recommended partners who help you open self-directed IRA accounts.
Pros
- They allow you to buy physical precious metals and will even ship them to you
- It has more than a decade of experience in the market
- Transparent fees as well as lots of payment options
Cons
- They do not have storage facilities and require that you hold all your gold yourself
- Their customer service is lacking
Conclusion
If you are looking for a precious metals IRA, you can look at the three options above. Noble Gold Investments stands above the others because it specializes in IRAs, is easy to use, requires a small investment to get started, and makes it easy to get started.
Read Also: