Purchasing precious metals, such as gold and silver coins is something that needs to be on your radar for 2023.
With the state of the global economy, precious metals IRAs may be the only remaining safe haven for investors to exploit.
However, before buying gold and silver, one of the most important decisions you have to make is the precious metals company you will trust with your hard-earned money.
You cannot simply approach any precious metals broker and hand over your retirement savings! Many of these gold IRA custodians are simply not good enough to get you where you need to be.
That is why we have compiled this brief but helpful gold IRA review of one of the most trusted and popular gold IRA companies in the US; Goldco Precious Metals ans also to answer anyone posing the question – is Goldco reputable?
That answer is an overwhelming YES, and that’s why we ranked it the #1 gold IRA account.
Even before Goldco received national recognition at the 19th Annual American Business Awards held in 2021, it was already a force to be reckoned with in the precious metal investment industry.
The company landed the prestigious Stevie Award for Company of the Year, an accolade that immediately placed it on the top of the list for any serious investors wanting to open a precious metals IRA.
Buying precious metals, such as gold and silver coins and bars has never been so easy!
With the expert guidance of this highly recommended self-directed IRA custodian, you can open precious metal IRAs and diversify your existing retirement account as you prepare for whatever 2023 has to offer.
Goldco specializes in IRA-approved gold and silver products, as well as a wide range of other precious metals.
When you choose to purchase precious metals from Goldco, you will enjoy many benefits, such as:
Opening your precious metals IRA
Advice on how to fund your gold IRAs
Selecting your IRA-approved precious metals
Advice with IRS rules and regulations
Access to some of the best storage facilities for your gold bars and other precious metals
Speaking of IRA-approved precious metals, you have to be very careful because you cannot just buy gold from any dealer and expect to use it as part of your gold and silver IRAs.
Products for a precious metals IRA have to fulfill the following conditions:
All gold, platinum, and palladium bullion has to be of 99.5% purity
Silver bullion must be 99.9% pure
You cannot use the gold and silver that you already own
All coins and bars must be from an IRS-approved mint
Even after you have fulfilled all these requirements, you still have to meet one last condition, which is the type of precious metals that you wish to purchase.
Examples of IRA-approved gold and silver are:
American Eagle coins
Chinese Panda Bear gold coins
Canadian Maple Leaf coins
Austrian Philharmonic gold coins
Australian Kookaburra coins
Are you ready to take a step back from the stock market and give gold and other precious metal IRAs a chance? Goldco makes the entire process easy.
If you are looking for a reliable custodian to manage account assets, you have found it! Goldco will help you become a precious metals IRA investor in four easy steps, which are:
Goldco’s IRA customers will be given full assistance when opening their precious metals IRA.
As an industry veteran with years of experience buying and selling gold, Goldco has in-depth knowledge of all the things you need to know before purchasing gold and starting your IRA.
There are many ways of funding your precious metals IRAs but the most popular and highly efficient way is to conduct a 401(k)/403 (b) to gold IRA rollover. This way you will be able to take full advantage of the tax benefits that the IRS has to offer.
As we mentioned before, it’s either IRA-approved precious metals or nothing when it comes to investing in your precious metal IRA. With the expert help of Goldco, you can choose the metals that are most suited to your needs.
The IRS does not allow gold storage by individuals, whether it is at home or any other secure vault. The storage facility has to be approved and licensed by the IRS, which means you will have to consider storage fees.
The following are some of the main reasons why investing with Goldco could be the best thing you have ever done for your retirement account:
Compared to other precious metals market leaders, Goldco remains one of the most affordable options you have.
When you choose Goldco you will be required to pay the following:
A set-up fee of $50 (one-time)
A wire fee of $30 (one-time)
Annual maintenance fee of $80
Storage fees of between $100 and $150 per year
The Delaware depository in Wilmington is but one example of the many world-class storage facilities you will have access to.
You will also be able to choose whether you want the un-segregated storage option that goes for $100 per year or whether you are willing to fork out an extra $50 for the segregated vaults.
One thing you can always rely on is authentic customer reviews to help you make a decision.
In that regard, Goldco has a long-standing A+ and AAA rating on the Better Business Bureau and Business Consumer Alliance respectively.
This means for many years now, this has been the go-to custodian for many satisfied gold IRA investors, which should give you the confidence to take the plunge and open up a whole new world
These days, thanks to the power of the internet, it is so easy to simply go on the Goldco website and make plans to secure your future.
The best time to invest in gold is right now! Let the gold and silver IRA experts at Goldco guide you to financial freedom.