The reputation of RC Bullion is built on its foundation of continuously aiming to be among the most respected precious metals brokers in the business.
Because of this, the most important yardstick for gauging their success will always be client happiness.
Rollovers of IRAs holding precious metals are a specialty at RC Bullion. This reliable precious metals merchant, based in Beverly Hills, California, offers a huge selection of IRA-grade coins, rare coins, bars, and collectibles.
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RC Bullion Overview
As a reputable national broker, RC Bullion specializes in converting clients’ pre-existing IRAs or former 401Ks into precious metals IRAS and adding precious metals to their individual retirement accounts.
Additionally, they provide customers a wide variety of tangible investment products that are safely and securely delivered straight to their front doors.
The educated professionals on staff at RC Bullion can recognize the kinds of bullion items that are likely to one day become rare and collectible because to their extensive experience.
A complete range of market-available coin and bar products, including contemporary silver, gold, palladium, and platinum products, are also offered by RC Bullion.
RC Bullion is convinced that they can pinpoint the precise kind of precious metal items you need and provide them to you in a timely and secure manner.
Their committed IRA department is passionate about delivering exceptional customer service, which is the cornerstone of their enterprise.
At RC Bullion, every staff is highly committed to making sure that every customer is happy with every element of their transaction.
RC Bullion most likely can assist you whether you’re wanting to buy silver, gold, palladium, or platinum for direct delivery or want to convert to a self-directed IRA. They can also help you convert your existing IRA into precious metals.
What Are the Benefits of Including Gold in Your IRA?
Individual Retirement Accounts (IRAs) safeguard both your retirement and the financial stability of your family.
You can save money in these particular accounts that are tax-sheltered for future usage.
In order to have a secure and worry-free retirement, it is crucial to invest a sizeable amount of these long-term accounts to assets that are stable and strong.
Cash in an IRA is possible, but it is depreciating quickly and inflation is out of control.
There is no better asset for this than gold because it is dependable, holds its value over time, and even grows in value.
Uncertainty is at an all-time high as the global economy struggles as a result of lockdowns, shortages, conflicts, and inflation, and investors are defending themselves by putting physical gold in IRAs.
These economic crises, which have a negative impact on the majority of other assets, benefit investments in gold.
Risk is not taking action to safeguard yourself and your family against economic threats despite being aware of them.
A gold certificate makes it simple to secure your financial future by being aware of the economic hazards.
Getting to Know More About Gold IRA?
An individual retirement account with physical gold or other forms of permitted precious metals held in custody for the benefit of the owner is referred to as a gold IRA, also known as a precious metals IRA.
It performs the same tasks as a standard IRA but instead of holding paper assets, holds real bullion bars or coins. These accounts, which are self-directed IRAs, provide the holding of a wider variety of investments.
Only four precious metals are permitted by law to be retained in an IRA as long as they are in the form of bars or coins that have received IRS approval. These are platinum, palladium, silver, and gold.
The umbrella term for a gold IRA is frequently used in the industry to refer to a retirement account that comprises any mix of the four precious metals described above because gold is the most widely bought product of the four.
Precious metals are most frequently used by investors as a long-term inflation hedge and to diversify their holdings. The Internal Revenue Code stipulates a precise method of storage for precious metals that have received IRS approval.
Although some trustees have their own storage facilities for actual gold and other precious metals, many investors prefer to use the third-party precious metals depositories that are used by the majority of trustees.
Products from RC Bullion
There are bullion items available in gold, silver, platinum, and palladium. Coins, bars, and other bullion items are examples of the various investment metals that are available at this Gold IRA company.
Silver Coins
Options consist of:
Evidence Gold Eagle
Proof Buffalo Gold
Gold Maple Leaf, 99.99%
Mandarin Gold Panda
Gold Eagle Proof coins are available in one-tenth, one-quarter, one-half, and one-ounce sizes and contain 91.67% gold. They are the United States Mint’s bullion coins in collector form. Since 1986, the US has been issuing them.
The coin received security updates and a minor redesign for its 35th anniversary in 2021. Reeded edges have been added to them in order to deter copying. Prior to 2021, the reverse had an eagle flying above a nest containing an eagle and its young.
In 2021, this was changed to a picture of an eagle. The older version is shown on RC Bullion’s website, but it’s unclear which year you’ll actually receive it.
Additionally, a unique 2020 Gold Eagle Proof coin was made available to commemorate the 75th anniversary of the end of World War II. It has a V75 privy mark shaped like the Rainbow Pool at the World War II Memorial in Washington, DC.
The US Mint’s first coin made of 99.99% pure gold was the Gold Buffalo Proof coin. Additionally, the Gold Buffalo Bullion has a collectors’ edition. This coin has been produced by the US Mint since 2006.
Australian 1-4 ounce gold francs from Birch Gold Group
When the Canadian Royal Mint first began producing Gold Maple Leaf coins in 1979, their gold content was 99.9%. The purity of the Canadian Royal Mint rose to 99.99% in 1989. Although an experimental batch of these Gold Maple Leafs with a purity of 99.999% was produced in 2005, the full batch was only issued in 2007.
Silver Coins
Options consist of:
Mandarin Silver Panda
Silver Eagle Proof
Silver Dollar Morgan
The Chinese Silver Panda, like the Chinese Gold Panda, has a yearly reverse design change. The Hall of Prayer for Abundant Harvests in Beijing’s Temple of Heaven is depicted on the obverse, along with the issue year. 99.9% of these investment coins are made of silver.
You can choose from silver Eagle Proof coins as well. They have been made since 1986 and are 99.9% silver.
The Morgan Silver Dollar has been in such high demand that the US had to halt production on many occasions because businesses were hoarding them rather than using them to make change. As the official silver dollar coin of the United States, this denomination was first produced in 1794.
Platinum Coins
Options consist of:
Silver Maple Leaf
Platinum Platypus of Australia
Since 1986, platinum Maple Leaf coins have been produced; each one is composed of 99.95% platinum. From 2002 to 2009, production was suspended.
The obverse has so far featured three different pictures of Queen Elizabeth II. On the 1988 and 1989 coins, she is shown to be 39 years old. On the 1990–2002 mints, she is 64 years old. On the 2009–plus mints, she is 79 years old.
The Perth Mint produces Australian Platinum Platypus coins that are 99.5% pure platinum. They have been in circulation since 2011, and Australia recognizes them as legal cash. The reverse of the coin features a platypus swimming in water, while the obverse features Queen Elizabeth II.
Palladium
The Canadian Maple Leaf palladium investment coin, which has a new image of Queen Elizabeth II on the obverse and a maple leaf on the reverse, is available through RC Bullion.
These Maple Leaf coins were first produced by Canada in 2005. Palladium makes up 99.95% of them.
You can purchase the following investment coins from RC Bullion:
Saint Gaudens
Geneva Franc
The British monarch
Peace Dollar
Precious Metals Investment
If you simply want to collect coins, you can get them from their website with ease. But you must speak with an RC Bullion representative if you plan to utilize them for investing.
It is simple to invest in precious metals and establish a gold and silver IRA at RC Bullion. You can get assistance from RC Bullion in choosing the ideal coins for your IRA.
When RC Bullion places an order for a particular precious metal, it is subsequently shipped to Delaware Depository, its preferred gold IRA holding facility. These metals will be stored separately from regular depositors’ funds in segregated accounts.
Similar to other company, or precious metals dealer and IRA provider, RC Bullion has rules and guidelines that must be followed by both the company and the client.
IRA Services
A group of IRA specialists is employed by the business itself. Additionally, you can use the application found directly on their website to begin the account setting procedure. If you find the application too intimidating, someone can help you through it over the phone.
You require a self-directed IRA in order to store precious metals in a retirement account. This IRA allows you to choose every asset, as opposed to having an investment manager allocate your cash on your behalf. In this account, you can also save alternative assets like real estate and cryptocurrencies.
Gold IRA Rollover Process
A straightforward way to transfer (roll over) a 401K account from a previous company to an IRA precious metals account is through a gold IRA. There are various things to be aware of while using this option:
– If you are still employed by the company that sponsors your 401K IRA account, you will not be allowed to roll over your 401K money into an IRA that is backed by silver or gold.
There might be some exclusions, so you should talk to the plan sponsor about your alternatives.
– As a substitute, you might be able to preserve your current 401K account and make investments in a different, self-directed IRA account that is backed by real silver or real gold.
Former employers’ 401K plans may be transferred into a new 401K account with a current job.
– or into a self-directed IRA account for silver or gold.
– or paid off
– Since cashing out may result in fines and additional tax obligations, it should be carefully evaluated.
Investors simply opt to convert their old 401k plans into new gold or silver IRAs in the great majority of circumstances. The procedure is straightforward and can be finished quickly.
Payment Procedures
Clients have three business days from the time they place an order to send payment, according to RC Bullion. RC Bullion now accepts bank wire transfers, personal checks, and cashier’s checks.
Additionally, it’s crucial to confirm that these payments are made out to RC Bullion.
Your orders will be canceled if your payment is not received. Your precious metals will be resold to other customers by RC Bullion.
RC Bullion Review of Customer Service
Call RC Bullion at 888-889-5689 or 213-465-4835 for further information. They open for business at 6:30 a.m. to 4 p.m. PST weekdays and beginning at 7 a.m. to 3 p.m. Saturdays PST. Emails can be written after regular business hours.
The company’s customer service has received high marks from clients for being helpful and courteous. The staff was able to fully address all of their concerns and lead them toward a purchase that they were satisfied with.
Investor Education
To get you started, RC Bullion provides free investment guidelines and information on precious metals. The Best Investment Practices of Precious Metals 2023 Gold and Silver Investing Guide is one of the books they have offered.
Learn how to convert your retirement account to a precious metals rollover. The list of acceptable coins by the IRA is provided by RC Bullion.
Pros and Cons
This RC Bullion review will also go over the pros and cons of this precious metals company:
Pros
Accreditation and A+ Rating: RC Bullion has achieved accreditation and holds an A+ rating from the Better Business Bureau (BBB), indicating a commitment to ethical business practices and customer satisfaction.
Positive Customer Feedback: RC Bullion, a professional precious metals dealer has received praise from its customers for providing excellent service and ensuring fast shipping of precious metals, fostering a positive reputation in the industry. You can find that at RC Bullion website.
IRA Department Partnership: RC Bullion operates a dedicated IRA department in partnership with Strata Trust, allowing customers to seamlessly incorporate precious metals into their retirement savings strategies.
Product Quality: RC Bullion offers high-quality bullion products not available in other precious metals dealers. If you buy precious metals like gold coins here, you are assured of the best and high quality items.
Cons
Limited Management Information: One potential drawback is the scarcity of publicly available information about the company’s management team. Investors and customers may prefer more transparency regarding the leadership and expertise of those running the company.
Limited Inventory: RC Bullion’s inventory is reported to be somewhat limited. This can be a drawback for customers seeking a wide variety of precious metals options for investment or collection purposes. A diverse inventory can provide more choices and flexibility.
Partnered Storage Companies: There is limited online information available about the storage companies that RC Bullion partners with for secure storage of precious metals. Customers might prefer more transparency and details about the storage facilities and their security measures.
Market Competition: In the competitive precious metals industry, the limited information available about RC Bullion and its offerings could potentially deter some customers who prioritize a greater degree of transparency and information.
Conclusion and Last Review of RC Bullion
RC Bullion: is it a fraud? Many RC Bullion reviews say that it’s not a fraud company. It is a reputable and secure dealer in precious metals and gold IRAs. They deserve praise for explaining financial principles to their client.
Some of their strong aspects are their user-friendly website, the variety of readings one can take before deciding to buy a commodity or service, and their quick response to any disputes.
But you must exercise caution with some of the things related to them, just like with anything else in the world.
You should obviously be aware that the options available to you through RC Bullion are somewhat constrained. You can feel overwhelmed by the information provided and decide not to buy their products as a result.
In general, investing in RC Bullion is a great idea. However, if you like a wide range of options and transparency, then there are many precious metals companies to choose from.
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About Tim Schmidt
Tim Schmidt is an Entrepreneur who has covered retirement investing since 2012. He started IRA Investing to share his expertise in using his Self-Directed IRA for alternative investments. His views on retirement investing have been highlighted in USA Today, Business Insider, Tech Times, and more. He invested with Goldco.
