Investing in a gold IRA offers various benefits and perks. It is an excellent investment option that you can use to diversify your portfolio and enjoy a decent return when retirement rolls around. The best part about investing in a gold IRA is that it offers you more versatility and affordability than other options.
However, investing in gold IRAs might not be easy as it seems. That is where companies like Regal Assets can help you set up a gold IRA. Here is an in-depth guide about Regal Assets and what makes them so special.
About Regal Assets
Regal Asset is a well-known name in the precious metal industry that has an impressive portfolio, as they also got an A+ rating from the BBB. Additionally, the company has resolved four complaints made to the BBB in the last three years. It has no complaint with Business Consumer Alliance up till now.
For more than 10 years, Regal Assets has been popular as an industry leader in the precious metal market. The company has even been acknowledged by various organizations, including Inc. Magazine and Forbes.
Inc. Magazine placed Regal Assets in the top 20 entries on its list of the 500 rapidly growing private entities in the US. Forbes also acknowledged Regal Assets' expertise and suggested the company to investors who want to invest in precious metals.
Regal Assets continues to make headlines, with its CEO being featured in various magazines. The customers also have positive reviews about the company on various social media platforms and websites. It also enjoys a five-star rating on the TrustLink website.
Moreover, the company has endorsements from various celebrities, including Laura Ingraham, Dennis Miller, etc. All of these factors helped Regal Assets achieved the top ranking in the Gold IRA Guide in 2020. The ranking mentioned how the company's impressive reviews, pricing, and wide range of products helped it become so popular.
Company History and Background
Whether you want to invest in precious metals or crypto coins, Regal Asset is a one-stop solution for all your needs. The company allows you to invest in various assets so you can diversify your portfolio and enjoy good returns.
Tyler Gallagher founded the company in 2009. Regal Assets regards itself as the company to offer the first alternative assets globally. The company allows you to build a retirement portfolio that considers both cash-backed assets and precious metals. They have collaborated with various firms to enhance their security and be more transparent to their clients.
Product & Services
One thing that helps Regal Assets stand out from the competition is its amazing services and products. The company offers various products that you can include in your portfolio.
The company doesn't just offer precious metals and commodities, but it also allows you to include digital assets in your portfolio. Here are some products that you can find at Regal Assets.
Gold
- American Eagle coins
- S. Buffalo uncirculated gold coins
- Austrian Philharmonic
- Bars and rounds
- Canadian Maple Leaf coins
- Australian Kangaroo/Nugget coins
- Credit Suisse Gold Bars
Cryptocurrencies
- Ethereum and Ethereum Classic
- Litecoin
- Ripple
- Stella
- Zcash
- Bitcoin and Bitcoin Cash
Silver, Platinum, and Palladium
- Mexican Libertad coins
- Bars and rounds
- Austrian Philharmonic
- Isle of Man Noble coins
- Australian Kookaburra and Koala coins
- Canadian Maple Leaf coins
- American Eagle coins
Though cryptocurrencies are a high-risk investment due to the volatility, gold IRAs are a relatively safer option. Therefore, many investors consider it a better retirement investing plan.
Due to its amazing stability, many consider gold a safe-haven investment. While other investment options fluctuate rapidly, gold's price doesn't change as quickly in a short span. Therefore, gold is the top pick for investors to enjoy growth in the long run.
You can diversify your portfolio and enjoy a good return on your investment. Gold is also a brilliant hedge against inflation, ensuring your money doesn't lose its purchasing power.
Pricing Info and Minimum Investment
The minimal amount that you need to invest in a Regal Assets gold IRA is $5,000. It will be the "Merchant Package," which allows you to easily convert a reserve of your gold holdings into cash during an emergency. This package is especially great for people who want easy access to their gold, allowing them they can liquidate it easily.
Besides this, the company also gives you various packages at higher prices with additional benefits. Regal Assets recommend people who want to create a retirement fund put in at least $25,000 or more in their gold IRA. The experts at Regal Assets will help you design your portfolio to enjoy optimal returns.
Furthermore, Regal Assets also offers a customizable portfolio that starts at $50,000. This option is popularly known as the "Kingship Portfolio," and it comes with plenty of benefits. Analysts will help you get good gains in the short run while mitigating the impact of inflation in the long run.
Another great thing about Regal Assets is its low fees. The company won't charge for storage, administration, rollover, etc., for the initial 12 months. After that, the company will charge a storage fee of $190 if there are only metals or $230 if there are valuable metals or other assets.
Storage Options
Regal Assets puts a special emphasis on storage. You have a wide range of storage options since the company has partnered with top vault providers globally. Regal Assets aims to give a secure storage option with no hidden charges to their customers.
The company recommends clients get a segregated storage option, which will place their precious metals in an insured vault. You can also ask to ship your precious metals in one of the vaults that Regal Assets has globally.
They will verify your precious metals and perform an audit by a third party, and no other investors' items will go into your storage vault.
Moreover, you will get coverage for the total value of your items in the vault. Once you pay the annual charges, Regal Assets can deliver your assets to your doorstep, give you certificates about your holdings, and allow you to access their storage facilities.
The Company’s Social Media
Regal Assets has a social media presence on various platforms. You can find the company's account on Facebook and Twitter or check their YouTube channel. The company has a strong following, with more than 1,400 positive reviews and 100,000 followers.
FAQs
What is a gold IRA?
Gold IRA is the same as the conventional one. The only difference is that you'll invest in gold instead of any paper-based assets. In addition to gold, you can also use the IRAs to invest in other precious commodities, such as silver, platinum, etc. But, most people go for gold IRAs due to the stability it offers.
Why include gold in an IRA fund?
The gold IRA can save your investment from market volatility and uncertainty that exist in other types of cash-backed assets. As economic conditions start to become uncertain, the US dollar and the other cash-backed assets will lose their value.
Therefore, your portfolio won't be worth what it was once. That is where gold can help you maintain a healthy portfolio. While the gold price also sees some fluctuations, it's quite stable.
Since economic situations and market changes are unpredictable, gold is a viable option for investment. It can help you with your retirement portfolio strategy and protect your wealth.
Does a gold IRA earn interest like a traditional IRA?
No. Since the gold IRA is linked with the value of the precious metal, you won't earn interest on it like the traditional one.
How much is the gold in my IRA worth?
The gold IRA worth will depend on the current price of gold, your holdings, and the type of gold. Supply and demand determine the gold's value over time. Since gold is an essential component in jewelry, electronics, and other industries, there will always be a demand for it. Therefore, it makes gold a worthwhile investment in the long run.
Most importantly, it can save your wealth from losing its value since gold is an amazing investment to counter inflation. You can also protect your portfolio from any significant losses that could come. As a result, marketplace swings and volatility.
Is a gold IRA tax-free?
Usually, the same tax rules apply to the gold IRA as to traditional ones. However, your tax advisor can offer better advice about the tax laws in your state.
How can I set up a gold IRA if I already have an IRA or 401(k)?
Regal Assets allows you either direct transfer your existing IRA or roll over your assets into a gold IRA. The direct transfer option entails moving your funds from your current IRA into a gold one.
On the other hand, you will have to act as a mediator between the IRA accounts for a rollover. You can deposit the funds into your account once you obtain the distribution from your first IRA.
Closing Thoughts
Investors flock to gold during bad market conditions and situations since they consider it a safer investment. Investing in a gold IRA can help you enjoy optimal returns on your investment. However, it is best to work with an expert to develop a good investment strategy.
We can help you identify the best assets and precious metals after considering your financial goals and needs. Contact us today, and our staff will guide you regarding the gold IRAs and precious metal market.
