In our Birch Gold Group review, we researched that they are a precious metals broker based out of Burbank, California. Since 2003, the firm has assisted investors with managing precious metals IRAs.
Birch Gold Group has also earned a stellar reputation with top organizations. Some of the company’s upper echelons are represented by Forbes Finance Council.
Birch Gold Group eases traders’ worries. Besides buying and selling bullion and storing metal assets, this precious metals supplier advises on saving for retirement.
Gold IRAs are a popular option nationwide, and the firm offers helpful tools and guidance for those interested in this field.
Right before we begin our Birch Gold Group review:
To help you quickly and easily compare and choose the investment firm most fitted to your requirements, we have compiled a list of the firms we strongly advise investing with.
Click here to see our list on Best Gold IRA Companies ⇐⇐⇐
About Birch Gold Group
The firm’s objective is to provide investors with the knowledge and tools to explore various investment opportunities. The Birch Gold Group had come a long way from its humble origins in 2003 to become a top player in the U.S. tangible precious metals market.
It would help if you were selective in the businesses you partner with to safeguard your retirement, which results from a lifetime of hard work and savings. Gold and silver, as well as other precious metals, are particularly susceptible to this.
To get the most out of your gold investment, you should engage with a reputable company like Birch Gold Group, with a track record of providing exceptional assistance to its customers.
Its seasoned team of financial planners, dealers, and financial consultants advise their customers to hedge their investments with precious metals.
Birch Gold Group’s roots are in South California, but the company has expanded to serve customers throughout the United States.
Birch Gold is a popular name. Their TV appearances on the Ben Shapiro Show, News Channels, and other programs that provide insightful analysis of market trends are likely familiar to you.
Establishing A Precious Metals IRA
Silver, gold, palladium, and platinum purchased from Birch Gold Group may all be held in an Individual Retirement Account (IRA). The business verifies that your investments comply with IRS regulations so that they may be stored in an individual retirement account. You may diversify your assets in a precious metals IRA with several other alternatives in addition to precious metals.
The Birch Gold Group offers the following steps to establish a Precious Metals IRA:
- Precious Metals Custodian: If your existing IRA custodian needs to be authorized to manage precious metals accounts, Birch Gold can assist you in establishing a new one. The Birch Gold Group uses Equity Trust Company as its principal custodian. Their company is flexible and may collaborate with the customer’s chosen caretaker.
- Buying Precious Metals: Birch Gold Group can assist customers in sourcing and purchasing precious metals for their IRA. Since the IRS does not permit IRA holders to own all precious metals, Birch Gold will help you make the best investing decisions possible.
- Storage and Shipping: After purchase, the precious metals are sent to a reputable depository, such as Brink’s Global Service or Delaware Depository, for safekeeping.
- Customer Support: Consult your dedicated Birch Gold Group expert whenever you have questions or want insight on the market. This is a primary concern and official policy of the organization.
All Roth IRA and Traditional IRA accounts, as well as many 403(b), 401(k), TSP, and 457 accounts, may be rolled over into a Precious Metals IRA.
Birch Gold Group Fees
The pricing at Birch Gold Group is simple. A minimal amount of $10,000 is required to start a self-directed precious metal IRA with Birch Gold Group.
Prices assessed by the firm are as follows:
- Expenses for yearly storage and insurance amount to $100.
- A payment of $50 is required to open a new account.
- There is a $30 one-time fee for wire transfers.
- The yearly management fee is $100.
The yearly charge for the first year will be refunded if you invest more than $50,000. No annual proportion for assets managed fee is assessed when you choose Birch Gold Group as your preferred custodian for silver and gold. In all, yearly expenses for storing, insuring, and administration will be at most $200.
Birch Gold Group, like numerous other IRA providers, makes the majority of its money through commissions on the difference in price between gold and silver. Even if this spreading is private, you may learn more by speaking with a consultant at Birch Gold Group about your IRA.
IRA Free Information Kit
The free information kit is the premier instructional content provided by Birch Gold Group, and it’s free. By reading this book, customers may
learn everything they want about the advantages of buying silver and gold and how they can protect their wealth from inflation.
Clients interested in learning more about the company’s offerings are welcome to obtain an information packet. In addition, Birch provides a plethora of details on the various forms of precious metals and the roles they play for consumers.
If they read this, customers will be better prepared to make an informed decision about opening a Precious Metals IRA. To top it all off, Birch tries all in its power to enlighten and reassure prospective consumers.
Experts in precious metals are knowledgeable employees who advise clients on how to use their funds best.
Birch Gold Group Reviews & Complaints
We’ve compiled a wide range of Birch Gold Group reviews, ratings, and complaints from independent consumer advocacy and research organizations for your perusal below. These Birch Gold Group Reviews can change at any time.
- A+ Accredited by the Better Business Bureau.
- BBB Complaints: 9 Resolved During the Past Three Years.
- AAA Rating from the BCA.
- Trustlink: 126 Customers have Rated this Product 5 Stars.
- Trustpilot: 118.81% of People would Recommend This.
- Yelp: A Rating of 5/5.
Most of the complaints are related to clients holding the business accountable for their losses as a result of a drop in the market price of precious metals. Given the volatile nature of the market for precious metals, these concerns may be unjustified.
Birch Gold Group FAQs
Do their retirement assets grow tax-free?
You may defer capital gains tax with a Precious Metals IRA since it is a self-directed retirement plan.
Could I keep the precious metals I buy at Birch Gold Group in my own home safe deposit box?
Precious metals held in an Individual Retirement Account (IRA) must be stored safely with a financial institution or a trustee certified by the Internal Revenue Service. If you don’t purchase gold or silver in your IRA, you can keep it anywhere you please. However, it is not recommended to keep valuables like these at home due to security concerns.
Does Birch Gold Group store precious metals?
The firm does not deal with the actual storage of precious metals. When it comes to storing valuable metals, Birch Gold Group usually collaborates with the Delaware Depository, the biggest U.S. depository outside of NYC. Your precious metals will be stored safely at Delaware Depository, apart from other client’s holdings. Your property at Delaware Depository is protected by insurance of up to $1 billion.
Can I rely on the company to protect the value of my IRA gold and silver holdings?
The worth of precious metals can never be guaranteed. The value of silver, gold, and other precious metals, may fluctuate wildly depending on several factors in the market. Gold and other precious metals are better held for the long haul because of the inevitable market swings that will occur while the investment grows.
Is a minimum amount needed to open a Precious Metals IRA with Birch Gold Group?
All investments in a Precious Metals IRA with Birch Gold Group must be a minimum of $10,000.
Conclusion on Birch Gold Group Review
Our reasons for recommending Birch Gold Group are many:
- Has a high approval rating across the board from review websites.
- The company has been operating for 20 years.
- Gold IRAs may be opened with as little as $10,000.
- This minimum of $10,000 is relatively low compared to all other gold IRA providers.
Some people may be priced out of the market to take advantage of the tax benefits of precious metals in a self-directed IRA since some U.S. precious metals merchants have minimum requirements as high as $50,000.
In this Birch Gold Group review, we discovered that they have your best interests at heart. They’ve simplified everything and provided you with a guide along the way.
As of this publishing, Birch Gold is offering free silver worth up to $10,000 and waived annual fees for the first year for all new accounts.
Birch Gold Group wants its clients to know that Gold IRAs are a safe and diversified investment for retirement, but they only push their clients to deposit some of their savings in one place.
Birch Gold Group clarifies that purchasing gold or other precious metals is a costly way to amass wealth. Whether you are a novice investor who knows nothing about setting up a Precious Metals IRA or a seasoned pro with a million queries, Birch Gold Group is here to help.