|BCA Accredited Rating||AA (On a scale of AAA to F)|
|IRA Transfer Process||14 Days|
|401(K) Rollover Process||3-4 weeks|
|Metals Delivery||2 weeks|
|Annual Admin Fees||$60 - $250 (Scaled)|
|Annual Storage Fees||$150+|
|Preferred Custodian||Gold Star Trust,New Direction IRA|
|Preferred Depository||Brinks,CNT Depositories,Delaware Depositories|
|Min Purchase Amount||Unknown|
|Physical IRA Application|
|Digital IRA Application|
|U.S. Mint Listed Dealer|
People from all over the country are becoming interested in using precious metals such as gold to support their retirement. One surprising investment format option for the soon-to-be-retired crowd is the IRA. Less than two decades ago, such investments with an IRA were severely limited. Now a company like DBS Coins can offer IRA investors a broad selection of coins and bars minted in gold, silver, platinum and even palladium.
This company is almost unique in this sector of the market. As a family-operated business, it provides the investing public with assets such as silver coins or gold bars while maintaining membership in several ratings and review agencies. Among these are the Better Business Bureau, which gives the company an A rating.
Why Many People Are Choosing a Gold IRA
A lot of people are concerned about the direction of the economy today. Even while stock prices move up on a broad front, shrewd investors know that inflation is responsible for a significant portion of this advance. Worse, they fear the inflationary impact of today’s corporations releasing the trillions of dollars on which they are sitting.
There is one type of asset which can help an investment portfolio resist the effects of inflation. Items such as platinum coins and gold bars will hold onto their real value in the face of inflationary pressures. In fact, they have shown more than once that they can advance faster than inflation and generate real earnings for buyers.
Precious metal IRAs are also ideal because retirees are the people most in need of this kind of stability.
Precious Metals at DBS
This family business offers wide variety in its collection. Unlike some larger operations, it is already providing its clients with the most exotic articles permitted in an IRA, including the palladium Maple Leafs from Canada and palladium bars from Credit Suisse. Naturally, they also offer the more conventional assets, such as American Gold Eagles and Johnson Matthey bars of silver and gold.
Steps to Starting a Precious Metal IRA
Starting an IRA based in these metals is easy.
- Open an IRA account with DBS. They can help you to arrange a rollover from a previous IRA, if that is necessary.
- You will need to contact one of two other companies at this point. New Direction or Gold Star Trust will handle your investments after you let them know that DBS is the authorized dealer for your account.
- At this point, DBS will get in touch with you and let you know when the account has been funded. You will be able to begin purchasing items from their extensive list of IRA assets at this point.
- After invoice and payment confirmation arrive, all your metals will be mailed to a depositor.
DBS Coins does much more than simply manage the trades. Their website is also informative. You can keep track of the value of your investments and learn more about rising opportunities in this area by keeping an eye on their updates and market news.
There are many more companies doing great on handling their clients’ gold IRA accounts. We have listed down some of the best ones with proven positive customer reviews. Feel free to check it out here.
DBS Coins Contacts
|Address:||14 Monarch Bay Plz
Dana Point, CA 92629