American Hartford Gold is known for being one of the best precious metals IRA companies for gold and silver investors. Choosing the right company to handle your retirement account funds is difficult, as not all of them share the same services and fees.
The “Fees” part is where most people get confused. You may have to pay different amounts of money depending on what you’re going to do with your gold IRA account.
Still, understanding the fees for the American Hartford Gold Group isn’t as hard as many users make it to be. Today, we’ll analyze the fees that come with an American Hartford gold IRA, as well as other essential information that you must be aware of if you want to invest in this company’s gold IRAs.
You will be happy to know that the American Hartford Gold Group allows people to manage gold IRAs for “free” at first. This is because American Hartford Gold waives your first year of fees. (View this page to view updates on the fee structure.)
Depending on your portfolio size, you may even get your first three years of fees waived. Some people claim that this can happen if you hold more than $300,000 in precious metal assets, but you’re better off asking the company directly.
The minimum investment for gold and silver, as well as other precious metals outside an IRA, is $1,500, which is one of the lowest amounts in the industry. Regarding gold and silver investments inside an IRA, you may have to pay a minimum of $10,000 in the rollover process. Feel free to check with the company to see which specific fees you will have to pay.
American Hartford Gold will sometimes offer special deals for users like $1,500 in free silver on qualifying purchases.
Now, what are the custodian and storage fees once the waivers expire? They will vary depending on the investment you make in your precious metals. Keep in mind that these fees aren’t charged by American Hartford Gold but rather by the storage company.
In the end, you could pay up to $180 in yearly storage/maintenance fees. Sometimes, you could pay slightly more, although American Hartford Gold claims that this is a rare case.
Here’s a detailed overview of everything we just mentioned surrounding fees:
Shipping Fees – No fees.
IRA Fees – Waived for the first year (or the first three years, depending on your portfolio).
Minimum Account Investment (Cash) – $1,500.
Minimum Account Investment (IRA Rollovers) – $10,000.
Custodian/Storage Fees – Variable. The average is $180 or more.
Keep in mind that the price matches for gold and silver in American Hartford Gold are guaranteed, which is excellent news for those who want to make the most out of their retirement account.
More Information You Should Know About This Precious Metals IRA Company
Now that you know the fees for American Hartford Gold, you may have already noticed how investor-friendly it is. In essence, it won’t charge you any fees at first, and even the storage fees that you will get later don’t come from the company; they come from the storage company.
If you want to purchase gold and silver bars (or other precious metals) from American Hartford Gold, you can rest assured that you will get reasonable prices all the way.
Still, there’s much information other than the price for gold and silver coins or account fees. If you want to make a smart choice for your gold IRA, it’s important you understand all of the factors that make American Hartford Gold a decent company for your gold or silver IRA needs.
Keep reading if you want to improve your investment portfolio with IRA-approved precious metals and are looking for the best options on the market.
What Is American Hartford Gold?
Let’s kick off this American Hartford Gold review by explaining what this company does. Overall, this is a California-based, self-directed IRA institution that aims to help people invest in physical gold or other precious metals in the best way possible.
Even though American Hartford Gold has only been around since 2015, its CEO, Sanford Mann, has over 10 years of experience in the gold IRA market.
You can either purchase precious metals physically or make a rollover from your 401 (k) account with this gold IRA company. In essence, this company offers competitive rates for gold and silver coins, as well as a lifetime warranty for the services.
As mentioned before, you can also get deals like free silver in selected purchases.
What Services Does American Hartford Gold Offer?
American Hartford Gold allows you to use your gold IRA to invest in many different precious metals. You can invest in gold, silver, platinum, and palladium for your retirement savings.
Physical gold is the most popular option among investors, as it’s the asset with the most chance of keeping its value in the long run.
Still, American Hartford Gold makes it easy for beginners to understand what their best investment options for their self-directed IRA are.
To summarize, here’s a list of all the services you can expect from American Hartford Gold:
Gold and Silver IRAs
Gold and silver bullion, as well as platinum/palladium options and investment coins
Premium-quality storage and depository services are available
How Can You Open a Gold IRA with American Hartford Gold?
Opening your gold IRA to start investing in precious metals is as easy as ever with this company. First, you will need to contact an American Hartford Gold specialist, and they will guide you through the entire process.
If you want to make a 401 (k) to self-directed IRA rollover, then the specialist will gladly guide you through the available options. The company representative will also provide you with all of the paperwork you will need to get started.
Once you’re finished opening your new IRA account, you must fund it through either a check/cash payment/transfer or by choosing the assets you want to roll over from your previous retirement account.
Finally, you will need to choose the precious metals you want to invest in, purchase them, and choose the delivery/storage option of your choice.
Remember there are many promotions available at AHG, such as free silver on qualifying purchases, waived fees, and free insured shipping.
Overall, you can choose to get your precious metals delivered to your home or to an IRA-approved vault.
If you’re investing in precious metals for your IRA, you must store everything in an IRA-approved vault, as storing your metals at home will expose you to taxes, burglary, or theft.
Does American Hartford Gold Have Buyback Guarantees?
Yes! The buyback program from American Hartford Gold is great for those who want to start selling precious metals.
As claimed by the American Hartford Gold website, you won’t have to pay any fees for this service, and you’re guaranteed price matches in physical precious metals.
What Are American Hartford Gold’s Storage Options?
Currently, AHG works with three main storage choices for your precious metal investments. These storage companies are Delaware Depository, Brink’s Depository, and the International Depository Services.
Some of the facilities available are located in Delaware, Salt Lake City, Texas, Los Angeles, and New York.
Feel free to choose between segregated or non-segregated storage, but remember you may have to pay different fees depending on what you choose.
As you can see, there are quite a lot of options to store your silver/gold coins, whether they’re for your precious metal IRA or another type of account.
Make sure to talk to this investment company to determine which storage options are better suited for your needs.
Is American Hartford Gold Legitimate?
Can you trust American Hartford Gold? The short answer is yes. Currently, it has over a billion dollars in delivered gold and silver, making it one of the industry leaders for investment companies.
Moreover, Inc. 5000’s list of America’s fastest-growing private companies for 2021 named American Hartford Gold as the best company, so you can rest assured that your money will be safe with these people.
What Do American Hartford Gold Reviews Say?
If you want to read another American Hartford Gold review besides this one, you will be happy to know that there are hundreds of other reviews for you to check.
The Better Business Bureau, for example, gave American Hartford Gold an A+ rating. Other review sites like Google and Trustpilot have also praised this company.
Now that you’ve read the entirety of this American Hartford Gold review, you’re ready to evaluate whether it’s a decent option for you or not.
Keep in mind that, at least in the “Fees” department, you will enjoy some of the most reasonable fees on the market, so if you want to save some money while you’re investing, this may be an excellent option to consider.
Remember that the best way to determine if a company is good for you is to check as many reviews as possible and talk to representatives. They will tell you everything you need to know surrounding your case, which will make it easier in the end.