Birch Gold Group (BGG) is a major precious metals trader in Burbank, California, founded in 2003. Birch Gold Group is located in the United States, and it has been assisting consumers with their retirement funds since 2003. They began as a prominent precious metals dealer before expanding their business to provide clients with information and expertise to assist them in establishing precious metals IRAs.
Birch Gold Group primarily services the retirement market in the United States, conducting direct metals sales to consumers. They serve clients nationally with their ideals of education, empathy, ethics, openness, and efficiency from their headquarters in Burbank, California, directly across from the Warner Brothers Studios.
Their active aim is to provide clients and the general public with the tools they need to feel more confident about market issues that impact their investments and retirement savings.
You’re probably already familiar with Birch Gold or another dealer in this market if you’re interested in adding real gold, silver, platinum, or palladium to your IRA or 401(k). Their team has worked for organizations such as Citigroup, IBM, and Dun & Bradstreet and has a diverse set of skills. These individuals make up their Specialist group, which delivers personalized service and effective communication to address all client questions and win confidence.
Birch Gold Group has served thousands of clients across the United States for over two decades. It’s understandable to encounter a few bad reviews when working with such a noticeable organization with many consumers.
Disgruntled clients frequently go online to create reviews to raise complaints with a company. It’s simple to determine if a company is shady by conducting a Google search.
The majority of Birch Gold Group customer evaluations are positive. Keep on reading to learn more about the Birch Gold Group and tips to enhance your investment strategy:
About Birch Gold Group
Birch Gold Group is a precious metals dealer that assists consumers in establishing and maintaining Gold and Precious Metals Individual Retirement Accounts (IRAs). This organization is a precious metals supplier and a resource, having an IRA section that assists consumers with retirement investments outside of standard assets.
There are no revolutionary or out-of-the-ordinary services available here. That isn’t to say they aren’t a good bunch, though. Customers say the Birch Gold Group’s superior customer service education initiatives set it apart.
Ben Shapiro has worked with Birch Gold and often recommends the precious metals firm on the Ben Shapiro Show.
Birch Gold’s staff consists of former professional investors and experts with decades of combined expertise in various sectors. According to Birch Gold, team members have worked for Dun & Bradstreet, IBM, and Citigroup. This group can help you with precious metals IRA registration, financing, rollovers, and other nuances to make the process as simple as possible.
A positive characteristic of Birch Gold is that it can pair you with a precious metals specialist right away. That Professional gets to know you and your unique requirements and objectives. The Specialist can assist you with setting up your account and answering any queries you may have.
Customer data is never sold to other parties, according to Birch Gold. Instead, the firm adheres to industry data security requirements.
Hundreds of 5-star reviews for Birch Gold can be discovered all over the internet. According to the official website, Birch Gold has helped over 13,000 people register accounts since 2003, and as an upside, most reviews from users have been very positive overall.
Birch Gold Group offers a helpful free information pack link: Birch Gold offers a no-cost information packet like other precious metals IRA providers. If you’re not ready to open an account but want to understand more, you may get a free information sheet to invest in precious metals and convert your money.
Gold, platinum, silver, and palladium are available from the most precious metals IRA businesses. Not all of them, however, provide platinum and palladium. Birch Gold allows you to purchase gold, silver, platinum, and palladium and keep them in your retirement account as IRA-eligible assets.
Birch Gold lets you purchase actual gold, silver, platinum, and palladium and take physical ownership of these precious metals. Although these metals aren’t IRA-eligible (you must keep them with a custodian to be eligible for an IRA), some individuals prefer to own them physically.
What Do You Mean By Birch Gold?
Birch combines over two decades of knowledge with two of the most critical aspects of the precious metals industry: a strong track record of performance and investor confidence. True, all customers want to buy from a reputable company, but the risks involved with the gold market make this a must-have feature.
For starters, you’re dealing with tangible goods. It’s more challenging to get your money back if you’re a victim of fraud in this industry. Furthermore, the underlying product is vulnerable to forgery. According to Reuters, unscrupulous players participated in high-level counterfeiting of gold bars in 2019, casting a pall over the bullion sector.
Birch Gold allows you to purchase precious physical metals. Physical gold, platinum, silver, and palladium are all available for purchase and delivery to your residence. Even though self-stored metals do not qualify for IRAs, some people decide to keep them regardless of the tax implications.
Birch Gold has served approximately 13,000 consumers since its inception in 2003.
Birch Gold has partnered with two companies for storage: Delaware Depository and Brink’s Global Services. Both are reputable companies that store your precious metals in very safe vaults. You also have the assurance of insurance coverage throughout the shipment-to-storage supply chain.
Furthermore, you have the assurance of independent confirmation of your precious metal holdings when you choose these storage and custody services. F
What are the methods to set up an IRA with Birch Gold?
Whether you choose to deal with Birch Gold or one of their rivals, the Gold IRA company can help you through the whole process. Working with a self-directed IRA custodian and a gold storage firm is required.
Step 1: Request your Free Birch Gold IRA 2022 Info Kit. This comprehensive guide will provide you with an overview of the firm and how to make the finest investments in precious metals.
Step 2: A Precious Metals Specialist from Birch will contact you next, and you’ll have the opportunity to explain why you’re interested in gold and silver.
Step 3: If you decide to proceed, you’ll talk with an IRA Specialist who will inquire about your current retirement account and assist you in determining whether you’re eligible for a rollover.
Step 4: Create an account with a custodian capable of processing self-directed IRAs if you’re eligible to convert your existing retirement money into a gold IRA. Don’t worry; Birch Gold will provide you with a few alternatives and assist you with the paperwork.
Step 5: After you’ve completed the paperwork, Birch will assist you with transferring cash from your existing retirement account to a new self-directed IRA.
Step 6. Birch’s Gold IRA Specialists will use the funds in your new self-directed IRA IRA Specialists will help you buy the precious metals you choose.
Step 7: Your precious metals will be held and insured for up to $1 billion in an authorized depository.
Gold IRA Custodian
Most 401(k) plans provide traditional investing alternatives, such as stocks, index funds, bonds, and ETFs.
Physical precious metals are unlikely to be a choice in your 401(k) or another eligible retirement account. A gold IRA rollover is required if you wish to diversify your retirement portfolio into actual gold and silver.
You’re transferring a portion of your 401(k) or IRA to a new self-directed IRA to invest in precious metals. You’ll need to create a new self-directed IRA account with an IRS-approved custodian specializing in these types of investments.
If you want to use your retirement account to acquire alternative assets like tangible precious metals, cryptocurrency, or even real estate, a self-directed IRA (SDIRA) is a great option. Various trustworthy SDIRA businesses in the United States would be pleased to help you invest in gold IRAs.
Your Birch Gold IRA expert can assess your current retirement plan, determine your rollover eligibility, and recommend the best course of action. You can work with Birch’s approved partners or start an account with your custodian.
This is something that Birch Gold Group has been doing for almost two decades. They’ve built contacts with all of the leading gold IRA custodians and can suggest the most cost-effective options for your new account.
Equity Trust Company
Many of their clients choose to engage with Equity Trust. The firm is a reputable SDRIA custodian with over 45 years of experience and reasonable costs.
Depository for Gold IRAs
Your gold IRA assets cannot be kept at home. Retirement assets must be handled by a custodian and not accessible directly by you. Otherwise, it’s deemed distribution, and the IRS may revoke your investments’ IRA designation. Your IRA’s natural gold bars and coins must be kept in an IRS-approved location.
Again, Birch Gold Group may work with any storage partner you want. However, one of their partners is listed below.
Delaware Depository Service Company (DDSC) has an excellent rating for precious metals IRA storage. They provide vault storage that is both segregated and non-segregated.
For many investors, Brinks is a top pick. Brinks provides segregated and non-segregated vault storage options for your precious metals IRA. Many people use Brinks because of its extensive storage facilities across the United States.
Birch Gold Group works closely with and recommends International Depository Services (IDS) as another reputable gold IRA depository expert.
It’s worth noting that they are all non-bank storage facilities. While you may not have physical custody of the metals, you may be confident that your assets are held outside Wall Street casinos and the banking system.
Birch Gold Group’s Advantages and Disadvantages
Pros:
- BGG is a well-established gold IRA provider with a 19-year track record.
- The BBB has given it an A+ grade.
- Excellent feedback from customers
- A sales style that is both educational and non-competitive.
- Setting up a gold IRA is simple.
- Minimum investment of $10,000 (less than most competitors)
- All cash transactions are exempt from shipping fees.
- A buy-back scheme is available.
- Promotions that are still running
Cons:
- BGG is a company that solely does business in the United States.
- If you cannot create an account online, request a free Go account.
What Are The Ways To Buy Physical Precious Metals With Birch Gold?
Birch Gold’s Guide to Purchasing Physical Precious Metals –
Birch Gold allows you to purchase precious metals for your IRA and deposit them with a custodian. On the other hand, Birch Gold will enable you to buy valuable actual metals and personally control them.
It is a good investment since gold provides a hedge against inflation, deflation, currency risk, stock market volatility, and other risks. Gold is a depreciating asset that should be seen as financial protection. Traditional investments such as stocks, bonds, and mutual funds have historically moved in the opposite direction of gold. When the stock market falls, gold and silver prices tend to climb. Physical gold should be held to reduce risk, diversify your portfolio, and protect your wealth during high volatility.
Precious metals that you keep yourself aren’t eligible for an IRA. To be IRA-eligible, they must be marked with a custodian. Regardless of the tax benefits, many people choose to hold precious physical metals.
To preserve your retirement savings account and ensure that your assets are safe and secure, you should invest in a gold IRA. This will also ensure that your wealth will rise. You don’t have to worry about a possible stock market crash or inflation wiping away your paper assets if you invest in gold and other precious metals through a gold IRA. It also allows you to take advantage of a simple IRS loophole that permits you to own actual gold and silver with money already saved in your retirement plans, tax, and penalty-free.
Here’s how to acquire actual precious metals from Birch Gold and keep them yourself:
Your metals will be sent via Birch Gold. Birch Gold ultimately ensures your shipping against loss or damage. The contents of your precious metals are never stated on the outer labels, and they come in inconspicuous packaging.
Why Invest in Precious Metals?
If you’re anything like us, you’re concerned about the present situation of US politics and the economy.
President Biden’s approval rating is at an all-time low, inflation is out of control, and many Americans are shifting their investments away from the stock market and toward safe-haven assets such as gold and silver.
While there are advantages and disadvantages to investing in gold, 2022 marks the beginning of what many expect to be a bull market in precious metals. The federal government’s spending is out of control, and inflation is high.
On a more positive note, precious metals will assist you in the following ways:
- Protect yourself against the “dead” currency and quickly rising inflation.
- Protect yourself against stock market turbulence.
- Defend against global unrest
- Defend against the economic crises caused by the coronavirus
- Diversify your investment portfolio.
- Take private ownership as an example.
- Gold and silver investments may help you secure your retirement funds while diversifying and growing your wealth.
Not surprisingly, gold IRA firms have sprung up to satisfy the needs of apprehensive investors across the United States. Birch Gold Group stands out because:
- It is highly rated on all independent consumer review sites that have been verified.
- Has been in operation for about two decades.
- Their Gold IRAs have a modest $10,000 minimum.
This $10,000 minimum is relatively low compared to other gold IRA businesses. Some precious metals dealers in the United States have minimums as high as $50,000, putting some Americans who want to invest in gold in a self-directed IRA out of the market.
With Birch Gold Group, you’re in excellent hands. They’ve streamlined the entire process and will have a professional with you.
Birch Gold now covers all first-year costs and offers consumers up to $10,000 in free silver.
Birch Gold Group has a large selection of precious metals available for purchase compared to other precious metals investment firms. The firm features a wide range of gold and silver bullion options and rare palladium and platinum bullion.
In addition to real precious metals for purchase, the company’s IRA section provides conventional investing services.
Some of the advantages of investing in precious metals, according to Birch Gold website, include:
Privacy:
Birch Gold allows you to buy precious metals with cash and take actual ownership, providing a layer of privacy to your purchase. The government, a bank, or a financial organization do not need to account for your actual precious metals: they are yours to keep.
Protection:
One of the most significant upsides of precious metals is they help shield you and your family against political and economic turbulence. You can safeguard your assets against risks such as reducing the US dollar’s value or a stock market meltdown.
Diversification:
Diversifying your holdings helps to mitigate risk in a variety of ways. According to Birch Gold Group, using precious metals to diversify your portfolio can help you avoid placing all of your eggs in one basket.
Security:
Stocks and other assets are not subject to the same dynamics as precious metals. According to Birch Gold, buying gold and silver may protect your money, regardless of what happens in Washington or Wall Street.
Supply is decreasing:
Precious metals are becoming more popular. “Supply is diminishing,” according to Birch Gold. Many massive, high-grade, and easily accessible gold resources have previously been identified. Prices will undoubtedly rise as demand increases and supply lowers.
Liquidity:
Precious metals are both liquid and tangible assets. You will always have access to these valuable metals after physical custody. Your IRA assets are entirely within your control. You have complete control over when and how you buy and sell them.
Demand Is Growing:
The demand for gold, according to Birch Gold, is increasing. Between 2010 and 2017, central banks throughout the globe acquired an average of 459.6 tonnes of gold every year, with China’s central bank lately increasing its gold purchases by a significant amount.
Potential for Growth:
“Many analysts feel today’s [gold] prices are a bargain,” according to Birch Gold, which is why an increasing number of investors are adding gold to their portfolios.
Some of the Birch Gold Products
Customers in all 50 states are served by the precious metals company, which offers gold IRAs and direct sales and delivery of precious metals.
Precious Metals Non-IRA
Direct monetary purchases, gold and silver mining stocks, ETFs, and buying genuine precious metals with your IRA are all options for investing in precious metals.
While Birch Gold Group may arrange for direct purchases to be delivered to your home, their bread and butter assist with gold IRAs.
Individual Retirement Accounts (IRAs) in Precious Metals
Most precious metals that aren’t allowed in your IRA are considered “collectibles” by the IRS. Americans can now diversify their retirement assets into a broader range of investments according to the Taxpayer Relief Act of 1997.
Specific gold, silver, platinum, and palladium goods that fulfill IRS standards and purity criteria fall into this category.
As a result, Birch Gold Group can obtain nearly any IRA-eligible bullion bar or coin for your IRA.
Birch Gold sells gold, silver, platinum, palladium, and other precious metals. Birch Gold also provides these metals in a variety of weights. While gold gets the most attention, other metals, like palladium, may offer superior returns because of their rarity. Birch puts the power of decision-making in your hands, allowing you to choose from a wide range of options. Birch Gold specializes in gold IRAs, but their assortment of metals includes premium, collectible, and numismatic coins and gold IRA qualified bars and coins. Here’s a short rundown of some of the gold, silver, platinum, and palladium items available from Birch Gold.
- Gold, silver, and platinum are all precious metals. Eagles of the United States of America
- Polar Bear and Cub in Gold
- Gold, silver, platinum, and palladium are all precious metals. Maple Leaf coins from Canada
- Gold, silver, and platinum are all precious metals. (Proof) American Eagle coins
- American Buffalos in Gold
- Silver series of America the Beautiful
- Bars and rounds of gold, silver, platinum, and palladium
- Combibar Valcambi
Fees And Pricing For Birch Gold
Reading this Birch Gold review, you’re already aware of gold and silver investment advantages. Rolling over 401(k) assets and purchasing precious metals with an IRA can save you a lot of money in taxes. There are, however, costs associated with creating and maintaining a Gold IRA account.
Birch’s fees and rates are pretty stable for all of these advantages that precious metals investment may provide. An account set-up cost of $40, wire transfer fees of $30, and transaction fees of $40 are all one-time expenses.
A $100 yearly insurance and storage cost and a $75 yearly administration fee are the only other fees. It’s also worth mentioning that your set-up charge will vary depending on which custodian you choose for your account and which storage solution you choose.
The self-directed IRA has one-time setup expenses as well as annual maintenance fees. Here’s what you can anticipate if you invest with Birch Gold Group.
Summary
Birch Gold, situated in Burbank, California, is a precious metal IRA firm. The firm makes purchasing platinum, silver, palladium, and gold assets simple.
For our readers, we only recommend a small number of gold merchants. Before providing any suggestions, it’s critical that we thoroughly investigate any organization. We’ve chosen to join Birch Gold Group and add them to our list after going through internet evaluations and swapping emails with a representative from the company.
Birch Gold can help you acquire the assets you need, whether buying precious metals for yourself or adding precious metals to your IRA. To learn more about Birch Gold Group, visit the official website for more information! >>>