Birch Gold Group Review
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Birch Gold Group is a company whose specialization is helping their clients to set up Precious Metals IRAs so, in turn, their portfolios will diversify and make their retirement years more secure.
If investing in precious metals is something you have been wondering, just keep reading. We have put together a comprehensive and detailed review about Birch Gold Group, addressing the services they offer, how to invest your money with them, and setting up a Precious Metals IRA.
About Birch Gold Group
Founded in 2003 in Burbank, California, in a little less than twenty years, the Birch Gold Group has managed to become one of the top companies dealing with precious metals in the USA.
They have one mindset that permeates everything they do: to help their clients reach the necessary level of knowledge so they are able to make the best decisions to improve their future. There is always one team member ready to help in a moment's notice, and working one-on-one is one of the many perks that come with joining forces with them.
Every member of the company adds something to the company. Their backgrounds span a wide range of professions, companies as Dun & Bradstreet, IBM, or Citigroup, to name a few.
The Birch Gold Group has been granted an A+ from the Better Business Bureau and an AAA from the Business Consumers Alliance. GoldDealerReviews.com and Consumer Affairs, both prestigious review sites, have ranked the Birch Gold Group very high in their ratings.
Why You Should Invest in Precious Metals
Precious metals are a sound investment option. Due to their limited supply, demand has always been high, and a high demand pushes the prices up.
But the biggest reason to invest in precious metals is because this will help you diversify your portfolio, attaining thanks to this a high security for your finances. What do you think will happen where the stock market crashes before you retire? How much will you lose? Would you need to postpone your retirement?
Having some part of your finances invested in precious metals means than in the, quite likely, next stock market crash, this part of your finances won’t be affected.
On top of that, money invested in precious metals protect your finances against a weakened dollar. This is due to the reason that these metals are not tied to any single currency.
Birch Gold Group
Since very long ago, precious metals have been sought after due to their use in jewelry. Today, besides that obvious use, they are being use mora and more in the development of new technologies. The high demand, together with the short supply, will make their prices rise up even more in the future.
Last, but by no means least, precious metals are tremendously easy to turn into liquidity. Should you need money overnight, you will not have any problem finding a buyer. Compare this to the lengths of time that it takes to sell real estate.
Precious Metals IRAs
The Birch Gold Group is highly specialized in Precious Metals IRAs. These kinds of IRAs, also known with the name of Gold or Silver IRA, is a self-directed IRA in which the owner is in possession of precious metals rather than stocks or bonds.
The process to open a new Precious Metals IRA with them has been really simplified. The options are two: transfer funds into your new account or rollover an existing retirement plan.
Unsure if your actual retirement plan is eligible for a rollover? Contact one of the members of the Birch Gold Group team and they will answer all the questions you might have about it. Between the accounts eligible for a rollover, you might find 401(k)s, 403(b)s, 457s, TSPs, Roth IRAs, SEP IRAs, and SIMPLE IRAs.
You have decided to open an account. What is the first step? Easy enough: find out the source of your funding and transfer said funds to your Precious Metals IRA custodian. The Birch Gold Group only works with high rated custodian companies. Two of them are Equity Trust and STRATA Trust.
Once that is done, the next step will be to choose the precious metals you desire to hold in your account. If you are undecided, a specialist from the Birch Gold Group will be able to help you with suggestions or answer any question you might have to make sure your account holds what you need.
Birch Gold Group
Once you have decided the metals and their form, the specialist will help you complete the rest of the paperwork and, finally, place the order on said metals.
Following that, the precious metals you have purchased will be securely transported to one of the many IRS-approved storage facility. You will always have access to your account value, and you can receive an update on how your account is growing at any time.
There are fees to think about, but the Birch Gold Group charges their clients with minimal fees, both for setting up the account and transferring the funds. Other fees are the insurance for the metals in your account, the management of the account, and storage fees.
IRA-Approved Coins and Bars
The Birch Gold Group holds the precious metals they deal with to the high standards required by IRS. In both coins and bars, the purity of these metals is 99.5% for gold, 99.9% for silver and 99.95% for platinum and palladium. Some of these IRS-approved coins and bars are:
Secure Storage Options
According to IRS regulations and rules, the coins and bars being hold in Precious Metals IRAs must be held in storage facilities approved by IRS. Your custodian will gladly help you to choose between to storage facilities: the Delaware Depository or Brink Global Services.
The first one is an exceedingly well protected location. Their storages have a $1 billion in insurance, and while in transit, they have a $100,000 insurance.
At the Delaware Depository, your coins and bars are your own. They have specialists that inspect the incoming metals to confirm their purity. Your precious metals are in good hands with them.
You can choose from two locations: Wilmington, Delaware, or Seal Beach, California. Both of them are protected by the latest in security.
Brink’s Global are better known for their armored vehicles roaming our country’s roads. They have more than a thousand storages all around the Earth, and their customers are not only private persons, but also banks, jewelers, and even governments. Can not be much safer than this.
Working with Brink’s Global Services means that your precious metals are insured during transport and storage both, and the company assumes all responsibility should anything happen to the precious metals they are holding for you.
Free Information Kit
Understanding how daunting and confusing setting up a Precious Metals IRA can be, the Birch Gold Group has put together a 20-page free information kit.
In it you will find some of the most FAQs about the whole process. This kit is by no means binding. If it sounds interesting, fill out the online form in their website.
Education and Resources
One of the tabs in their website is labeled “Education”. Clicking on it will give you access to an abundance of resources, all of them free. These include, but are not limited to: ‘Your Financial Advisor and Gold’, ‘Interactive Prices’, and ‘Physical vs “Paper” Gold’.
Sometimes during the process of deciding about investing in precious metals and doing it, checking this labels every now and then can help you to make better decisions about your financial future.
Being in the sector since 2003, Birch Gold Group has created a trusted name. If what you want is to widen the scope of your portfolio with precious metals, they can definitely help you.
The members of Birch Gold Group each bring to the table differente skills and knowledge, and every single one of them can help you making the best, and most informed, decisions when it comes to your investment goals. Interested? Contact them today and learn more about how to diversify your portfolio.