Precious metals IRA specialist guiding a client in a meeting

Investment choices are often restricted to bonds, mutual funds, and stocks when you choose standard IRAs.

Experts suggest opting for a self-directed IRA if you’re on the lookout for branching out your investment plan with more novel options, such as precious metals.

You can get tax perks with a comprehensive range of viable investment options, but there’s a catch: you’ll need a custodian to set an account and manage it to maintain a tax-free or tax-deferred status and ensure all government and IRS regulations are met at all times.

Since investors worldwide are more aware of the benefits of retaining a store of value in precious metals, several companies offer IRA custodian services, but here’s how you can choose the right ones when setting up a precious metals IRA account amidst the niche market.

Tips To Choose The Best IRA Company And Custodian

Affordable Fees

There are several shapes, sizes, and forms of fees demanded by custodians for mutual fund loads, annual account maintenance, and commission for making the trades.

It’s best to check with a handful of custodian companies before investing to select the one with the most reasonable fee structures and no fraud hidden charges.

Comprehensive Investment Options

When the assortment of alternative investments is bigger, it’s easy to diversify your investment portfolio, which helps mitigate the risks involved in funding IRAs.

Sometimes, expert IRA custodians can also recommend non-traditional options in line with their extensive experience and knowledge, which can potentially increase return on investment over time.

Rules Savvy

It’s extremely crucial to ensure that the chosen IRA custodian has the knowledge and expertise to adhere to all the IRS regulations, along with being well-aware about the rules of consolidating several accounts owned by an individual into one fund so that a single IRA custodian can manage it.

Prompt Service

Unless you’re someone who prefers working with a robot advisor, choose custodians that host IRA specialists who possess the experience and knowledge of dealing with complex IRA managements.

Since precarious financial decisions are involved, timely customer service with apt technology and matchless user experience is as essential as getting precise financial advice. 

Experience

Choosing a custodian that has been around for decades is a smart thing to do, but more often than not, it’s not the only criteria.

A stable track record, competent management, and whether it’s been approved by the IRS and is included in the list of Approved Non-Bank Trustees and Custodians is an equally efficacious way of ensuring your gold and silver IRA is in good hands.

If you’re looking for top gold IRA companies, connect with experts at Orion Metal Exchange. Whether you want to buy silver bullion bars, buy silver bullion coins, buy gold bullions online, or want to set up a precious metals IRA, we ensure unmatchable customer service and offer the best gold coins for investment at industry-competitive, affordable rates.

We’re titled the top-rated precious metals IRA account dealer by Consumer Affairs and voted Best-in-Class by Retirement Living and PCGS.

If you’re looking for silver investing opportunities or ways to invest in gold to make money, don’t hesitate to set up a gold and silver IRA account with us.

You can also reach out to us at 1-800-559-0088 for more information regarding our secure private vault storage rentals.