With almost 20 years of experience in the precious metals industry, Birch Gold Group is a highly regarded gold and silver IRA provider with a solid reputation for excellent customer service. Birch Gold is a reliable business with a lot of good customer feedback, an A+ BBB rating, and fair rates and fees. Your retirement savings are well-protected with a Birch Gold IRA.
Birch Gold Group’s benefits and drawbacks
- They have a ton of instructional tools on their website.
- Excellent client service is provided.
- high ratings and reviews throughout a variety of venues for user reviews
- respects all IRS rules
- operating for around 20 years
- reduced initial investment compared to other gold IRA providers
- You can invest in gold, silver, platinum, and palladium through Birch.
- The only clients of Birch Gold Group are US investors.
- Reviews of Birch Gold IRAs
This evaluation of Birch Gold Group is intended for investors who are seeking for fresh approaches to safeguarding their capital in light of the current financial situation. Even though bonds and stocks make up the majority of retail portfolios, neither government debt nor blue-chip equities are 100% guaranteed to survive. However, a Birch Gold IRA is a desirable investment choice that can offer you comfort.
If you’re unsure of how to manage your funds, Birch Gold Group is definitely worth learning about. For thousands of years, traders have used gold as a medium of exchange. You can see how this business is able to provide services for precious metal investing when you consider Birch’s stellar reputation and outstanding track record.
Given the current extremely unstable economic climate, diversifying our retirement portfolios has never been more important. One way to do this is by investing in precious metals, albeit it isn’t always easy to start a self-directed IRA. Because of this, a company like Birch Gold Group streamlines the procedure on your behalf. They can guide you through the paperwork and expedite the procedure for you.
Gold Birch Group Ben Shapiro
Birch Gold Group, endorsed by Ben Shapiro, has been in business for for 20 years and has grown to be one of the most well-known IRA gold companies in America. In 2003, Birch Gold was established. They operate out of Burbank, California, and ship gold and other precious metals all around the United States.
Investor confidence and a long history of performance are two of the most crucial factors in the precious metals sector, and Birch makes use of both. Of course, any client wants to do business with a reliable company, but there are particular traps to watch out for in the precious metals industry, so it’s nice to know Birch has your back.
It’s crucial to use a reputable gold dealer, and Birch Gold Group fits that description. For individuals seeking wealth protection and money management, they provide excellent products and services. They put a lot of emphasis on educating their clients so that each one is aware of the advantages and hazards of investing in precious metals while also taking into account the individual goals of each investor.
Birch Gold is a group of financial and precious metals experts prepared to work closely with each client on an individual basis. Their primary area of expertise is precious metals IRAs, and they can help you set up and fund a self-directed IRA. They will then help you purchase the precious metals you choose after that.
Legitimacy of Birch Gold Group
Birch Gold is a legitimate business, yes. With nearly 20 years of expertise in the precious metals IRA market, the organization has excellent ratings and a strong reputation.
Ratings from Birch Gold Group
Thousands of people from all around the country have used this business thanks to Birch’s assistance in making precious metal investments. It’s common to come across the occasional unfavorable review while working with so many consumers.
Customers occasionally submit negative evaluations about companies, and it’s simple to determine a company’s reputation online simply conducting a search. The Birch Gold Group evaluations and ratings, however, are overwhelmingly favorable. We can focus on a few of the most significant scores:
Birch Gold Group now has a AAA rating from the Business Consumer Alliance (BCA). There are seven reviews with five stars for them. They were the subject of two complaints, but the business has taken care of both of them.
BBB Rating for Birch Gold Group
Birch Gold has an A+ rating with the Better Business Bureau. Overall, 74 customer reviews have an average rating of 4.84 stars out of 5. There were nine complaints made, however the BBB reveals Birch actively addresses customer complaints and makes a sincere effort to resolve them, which speaks volumes about a company’s moral character.
Google Reviews – Google is important not just as a search engine, but it also allows people to provide online reviews of businesses. There are 222 reviews of Birch, with an overall rating of 4.9 stars.
Yelp – The business currently has 5 ratings on Yelp, averaging a 4 out of 5.
TrustLink – Birch presently has 126 reviews online. These reviews have an average rating of 5 out of 5 stars.
119 BGG reviews can be found on TrustPilot, which rates the business an average of 4.8 out of 5 stars.
The Birch Gold Group provides a thorough explanation of the entire investment process. Compared to several other leading precious metal investing firms, they have a more efficient method. Once you begin, a precious metals expert is assigned to you who can walk you through every step of the procedure while explaining what is happening at each stage.
The simplest method of funding your precious metals account is through a rollover. This indicates that there are no penalties associated with transferring money from current retirement funds. It’s good to have the choice to invest in platinum and palladium as many other gold IRA firms just offer gold and silver. Birch Gold offers the ability to invest in gold, silver, platinum, and palladium.
Establishing the Gold IRA
The self-directed IRA will have a custodian and access to the gold storage firm through Birch Gold Group, who will also be able to help you with the entire gold IRA rollover procedure.
Why a Custodian is Necessary for a Gold IRA
Most 401(k) service providers offer a variety of conventional options, including index funds, stocks, bonds, and even exchange-traded funds (ETFs) you can invest in with those funds. Precious metal investments made through self-directed IRAs are probably not permitted in a normal 401(k) or retirement plan.
You must carry out a rollover into a gold IRA to invest in precious metals, which entails transferring some of your money into a self-directed IRA to buy gold or other metals. You must therefore have a custodian who has been authorized by the IRS to act on your behalf.
A SDIRA (self-directed IRA) is an excellent option if you want to use your retirement account to buy alternative assets like real estate, cryptocurrencies, or actual precious metals. Several trustworthy American businesses can assist you with gold IRA investments.
A Birch Gold Group IRA consultant will be able to analyze your current retirement plan, determine whether it qualifies for rollovers, and then give you advice on the best course of action.
You can decide whether to work with a Birch recommended partner or a custodian of your choosing. Birch has almost 20 years of experience and strong ties to the leading gold IRA custodians, so they can advise you on the most affordable firms to invest your holdings and manage your investment in precious metals.
Gold Birch Minimum
Birch Gold suggests a $10,000 minimum investment, which is less than other businesses of a similar nature. The initial setup, maintenance, wire, and storage fees are waived for all new accounts with an investment of $50,000 or more. If you have less than $50,000 to invest, Birch Gold is a smart option because other companies with similar offerings have greater minimums.
Service Lowest Investment Custodian fees paid yearly
IRA for precious metals $10,000 Non-IRA: $180 $10,000 $0
cost of birch gold
Setting up your gold IRA involves paying a few Birch Gold Group costs.
As with any custodial service and precious metals investing company, Birch will charge a fee for having an IRA. In addition to a $30 wire transfer cost, there is a $50 one-time account setup fee.
You won’t be charged a percentage of the asset value that the custodian is managing on behalf of Birch Gold Group. This implies that regardless of how much money is in your account, the annual total will never go over $180. Birch advises investing at least $10,000. Some investors might find this to be too much, however there are other solutions that will accept a smaller minimum.
Storage options offered by Birch Gold Group
Your precious metals will be kept in extremely safe vaults by this company’s storage partners, Brink’s Global Services and Delaware Depository, both of whom have an excellent reputations. Your precious metals will be transported to the vault under full insurance. You may be sure that your priceless gold holdings will be independently confirmed in addition to receiving custodial and storage services. To comply with all IRA account tax rules in the US, Brink’s offers routine audits.
Possibilities for Storage Options
Your precious metals must be placed in a depository or storage space that is authorized. The most popular options are Brink’s Global Services and Delaware Depository, however depending on the type of vault utilized, the costs, and your preferred location, you might decide to keep your gold somewhere else. We can focus on the most well-known depositories:
Precious metals have been kept in this storage facility for more than 200 years. They are well-versed in all precious metals and are able to respond to almost any metals-related query. They also understand the numerous economic factors that can influence the price of precious metals.
Delaware Depository has a strong insurance policy, and since storage is included in the base price, you automatically receive complete insurance. In the event of a natural disaster, theft, or any other form of loss, precious metals are covered for up to $1 billion in insurance.
Every package sent there is up to $100,000 insured. This implies that you won’t need to be concerned about missing or stolen items because you will be compensated in full if your precious metals are damaged during transportation.
Delaware is where this storage facility is located, hence the name! You can opt to choose the one that is nearest to you since they have another location in California. Both provide cutting-edge technology, high security requirements, and round-the-clock monitoring.
Every IRS requirement pertaining to the storage of precious metals is complied with by this depository. Delaware Depository has a CME Group license, and accounts are routinely audited to make sure the balance sheet and actual holdings are consistent. Every shipment, whether it is coming in or going out, is thoroughly examined to make sure the precious metals have the right purity.
Global Services by Brink’s
Given that Brink’s is one of the most well-known security firms in the world and that its armored cars are frequently seen on the road, you may already be familiar with them. You might not be aware that they also possess precious metal depositories; in fact, there are over 1000 of them worldwide. For clients of Birch Gold Group, the top three are:
New York, New York City
Utah’s Salt Lake City
Depending on where you are, you might choose a different one. Your gold can be transported by water or air as well as in full security in Brink’s armored trucks.
This business is also famous for having top-notch customer service that can respond to inquiries, check your account, and address any problems you could have with investing in precious metals. Additionally, they assert full responsibility for any items lost from one of their transit trucks or a repository.
Services for International Depository
Birch Gold Group endorses and has confidence in this additional gold IRA depository. These three are not banks; rather, they are private storage facilities. You may trust that your money is being handled outside of the banking system and far from the casinos of Wall Street even though the precious metals won’t be in your home. You should be able to use one of these three storage facilities, and they all have comparable storage costs.
Birch Gold Items
Customers can deposit precious metals into retirement accounts with Birch Gold Group, and the company will ensure that your purchases comply with IRS rules for IRAs. If you wish to invest in something other precious metals, you have a wide range of choices, including equities, mutual funds, bonds, real estate, private loans, raw land, and private enterprises. Here are a few metals goods that have received IRS approval:
How to Begin with Birch Gold Group
These are the fundamental actions you must take:
Establish the account and contribute money.
Setting up your account is the first step in creating your self-directed IRA and investing in gold and other precious metals. You will require a licensed custodian for this. You will receive assistance from a Birch representative with the account setup papers. Your custodian will then assist you with the funding procedure.
The strategy used by Birch Gold Group makes the entire investment procedure very swift and simple. They provide you with comprehensive instructions on what to do and which documentation needs to be signed. You will be given a connection to the website if you need to communicate with the custodian directly. To determine the optimum method of funding your precious metals account, see a gold specialist.
You might need to manage multiple portfolios and/or retirement accounts. Your representative can review your account details to assist you in choosing the optimal method for funding your new self-directed IRA.
Choose your metals
Once the money is in your account, you must decide which metals to buy. The types and qualities of metals that you can select are governed by strict IRS regulations. You must adhere to product and purity criteria that have been certified by the IRS. The buying of these metals is made simple by Birch Gold Group.
With your Birch expert, go over your options. Gold, silver, platinum, and palladium are your options; each has a unique growth potential as well as a range of benefits and drawbacks. Your own choices and needs will determine what to buy and how much to invest.
Once you’ve decided what to buy, it’s time to complete the transaction with the expert. As soon as you give your approval, the order is created.
Wait for the precious metals to be shipped
This is a passive step because there is nothing you need to do. We’ll manage this phase with Birch and your custodian. Your precious metals are shipped to the depository of your choice in a package that is completely insured. The custodian will accept delivery of the shipment and deposit the metals in your private vault.
Birch collaborates with numerous depository locations across North America. One of the most common choices is Delaware Depository, followed by Brinks Global Services. Either of these solutions insures your possessions up to $1 billion. You will receive a tracking number and email of confirmation once the shipment ships.
Keep track of how your precious metals are performing
Once you have purchased your precious metals, you can contact the specialist whenever you wish for updates on your holdings because Birch aims to establish long-lasting client connections. You can also make modifications and ask questions over the phone about the development of your account.
Finding a custodian to manage the process for you is the first step in creating your gold IRA. Birch Gold Group may assist you in finding a custodian who is qualified to work on a precious metals IRA if the one you now have is not.
Equity Trust Company is Birch’s principal custodian, however Birch will work with you if you have another custodian in mind. They will guide you through all the steps required to set up a gold or silver IRA and assist you in acquiring precious metals to add to it.
Birch will assist you in acquiring the precious metals you want to buy. Birch can assist you in choosing the metal you wish to acquire and ensuring that you are according to IRS regulations because not all types of metal are permitted to be retained in your IRA (the IRS forbids some).
Your precious metals are sent to approved depositories, such as Brink’s Global Service or Delaware Depository, for protection after you select and purchase them.
Birch Gold Group will always have a consultant available if you need a market update or have a query; this is both a corporate policy and one of the firm’s priorities.
Service for Birch Gold customers
An essential component of what Birch Gold does is customer service. The Better Business Bureau rates this company well, awarding it an A+ rating. With them, Birch receives 4.9 out of 5 stars. Birch has also attained high levels of client satisfaction with various tools for consumer advocacy.
Since their expert staff assists potential customers in selecting the finest investments for their goals and requirements, the customer service team at Birch Gold Group helps it stand out from its rivals. Contrary to common blue-chip companies, precious metals are unfamiliar to a large number of investors, and Birch takes the time to explain this to new clients.
Birch Gold Group is one of the greatest gold IRA companies in the business. They have a long history and have been operating successfully since 2003. Both their reputation for cash sales and their IRA services are excellent.
Ben Shapiro, who claims to solely purchase gold from Birch, has a celebrity endorsement deal with the company. Because of Ben Shapiro’s endorsement, Birch receives a lot of customers, and their website frequently features him as a leading personality.
It’s true that many precious metal dealers have celebrity endorsements, but if you read Birch Gold Group’s testimonials and reviews, you’ll find hundreds of favorable comments from actual clients who praise the company’s pricing, convenience of use, and communication.
Birch made every effort to settle any disputes that might have been raised. If there is a problem, you can be sure Birch will handle it quickly and competently to put things right because one client was so satisfied with how their complaint was handled that they promised to keep doing business with the company in the future.
If you want to use a gold IRA to diversify your investments, Birch Gold Group is a fantastic option.