Goldco Precious Metals Review: A Reliable Partner for Your Financial Goals

Goldco, established over a decade ago by Trevor Gerszt, is an investment company that strives to assist each investor in making sound financial decisions to set them up for a successful retirement and future financial stability. Goldco is dedicated to providing its customers with expert guidance to help them roll over existing retirement savings accounts, set up new Precious Metals IRAs, or purchase gold and silver coins and bullion for personal collections or investments. 

What is Goldco?

Goldco has a proven track record of providing exceptional service to its customers. The company has earned an A+ rating from the Better Business Bureau and a Triple A rating from the Business Consumer Alliance, demonstrating its commitment to transparency, customer satisfaction, and ethical business practices. In addition, Goldco has received high ratings on various review sites like Trustpilot and Google, indicating that its customers are delighted with its services. With its excellent reputation and satisfied customer base, Goldco is a trustworthy partner to help you invest in gold and silver with confidence.

10 Reasons Why Goldco Precious Metals is Our Top Recommendation Among 100+ Companies for 2023 and 2024!

Goldco precious metals stands out among its competitors, and for a good reason. Here are the top ten reasons why we consider Goldco our number one recommendation for precious metals investment:

• 1,000+ 5-Star Reviews
• Over $1 BILLION In Retirement Savings Protected
• A+ BBB Rating
• 5x Inc 500 Winner
• 2021 Company of the Year
• AAA Customer Rated
• Buyback program
• Simple IRA & Cash Transactions - Get Started In 15 Minutes Or Less
• The Best Bonuses & Promotions In The Business

Current Goldco Promotions

• Goldco Promotions offers a dollar-for-dollar match of up to 10% of your order in free silver. For example, you could receive $10,000 worth of free silver if you place a $100,000 order. 
• Goldco Promotions has the highest buyback guarantee. Goldco's buy back program allows for you to sell your gold and silver products back to the company at their initial price.

Exploring the Benefits of Gold and Silver IRAs

There are numerous compelling reasons to explore opening a Precious Metals IRA or rolling over an existing retirement account into one.

Diversification:

Placing all your investments in the stock market can increase your vulnerability to economic downturns or crashes. In contrast, diversifying your portfolio by investing in gold and silver can help mitigate the impact of market downturns since you can rely on your precious metals investment during such times.

In general, the value of gold and silver tends to increase when the stock market is underperforming, making them a viable option for diversifying an investment portfolio. By including precious metals in your portfolio, you can safeguard against market volatility, as at least one aspect of your investments should remain profitable during these times.

Intrinsic Value:

Moreover, gold and silver have a long-standing reputation for holding their value over time. As highly sought-after, limited-supply precious metals, they offer a range of uses, from jewelry-making to manufacturing new technology, making them a versatile and valuable investment.

Liquidation:

One significant benefit of investing in gold and silver is the ease with which you can liquidate your investment when you need to, such as when you are ready to retire. Due to the high demand for precious metals, finding a buyer and receiving immediate cash should be easy. This contrasts with investing in real estate, which may be less readily liquidated.

Moreover, over the last two decades, gold has experienced a growth rate nearly twice that of the stock market. This remarkable growth rate underscores the potential impact investing in gold could have on your retirement savings.

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Why Choose Goldco for Investing in Precious Metals

Goldco specializes in setting up Gold and Silver IRAs, which offer tax benefits similar to traditional IRAs. These benefits include deferring taxes and qualifying for the Retirement Savings Contribution Credit, which enables partial yearly contribution deductions. Furthermore, Precious Metals IRAs allow transfer to beneficiaries without imposing inheritance taxes upon the account holder's passing.

Investing in a Gold or Silver IRA with Goldco offers a unique opportunity to secure retirement savings with precious metals rather than traditional stocks and bonds. Diversifying your portfolio with gold and silver protects your investments from market volatility and provides significant tax advantages associated with IRAs. By holding your retirement savings in precious metals, you can rest easy knowing tangible assets back your financial future with a proven track record of long-term value.

Goldco is proud to hold and maintain excellent customer ratings:

• A+ from the Better Business Bureau
• AAA rating by the Business Consumer Alliance
• 200+ 5 Star Reviews on Trustlink
• 9.7 out of 10 Rating on Trustpilot

Gold and Silver IRA Set-Up Process

Setting up a Precious Metals IRA with Goldco is a straightforward process you can easily accomplish.

Step 1: Visit Goldco website

Step 2: Request a Starter Kit (photo of sign up form to the right). For Goldco you are required to enter first and last name, email, and phone number to request your Starter Kit.

Step 3: After requesting a Starter Kit, a Goldco precious metals specialist will call you. I received my call within an hour. My husband requested a starter pack on a weekend and didn't receive a call until Monday. So, if you request this over the weekend, expect a call the first business day after.

Goldco Starter Kit Call

TOTAL CALL TIME: 6 minutes

1. Answer Call
2. Goldco precious metals specialist  will talk through a few high level benefits of Gold and Silver IRAs and the general economy outlook
3. Questions they ask you:

• Why are you looking at Gold or Silver IRAs?
• Is your 401k, Roth, IRA etc with a current or past employer?
• If it is with a current employer, you cannot transfer without tax penalties until you are 59+
• If it is with a past employer, what is it mostly comprised of? - Stocks, bonds, etc?

4. Precious metals specialist talks through the pro's of investing in gold and silver right now

• When the US went off the Gold Standard in 1971, gold was worth $35 per ounce, now it is worth close to $1,900 per ounce.

5. Precious metals specialist asks if they can set up a call with a Sr. Precious metals specialist to provide the Starter Kit and more specific details around account set up.

• I scheduled a call with the Sr. Precious metals specialist, but also asked for the Starter Kit/educational materials in the meantime. I highly suggest you request the same to allow yourself time to review all the material available.

Step 4: Check your email for Starter Kit and Educational material

What's Included in the GoldCo Starter Kit?

You will receive an email from the Precious metals specialist you spoke with at Goldco with a link to access your Starter Kit. The Starter Kit is a link to their Resource Library. This is jam packed full of useful educational material including:

• The Essential Guide to Financial Security Audio and Guidebook
• The Essential Guide to Financial Security Video
• 9 ebooks - All around 10-15 pages long

Step 5: Goldco can help you roll over your current IRA or retirement account into a Gold or Silver IRA. Determining whether or not your account is eligible for a rollover can be confusing since not all account types qualify. 

Accounts that are eligible to be rolled into a precious metals IRA are:

• Traditional IRA
• Roth IRA
• SIMPLE IRA
• SEP IRA
• Eligible 401(k), 403(b), 457, TSP, and more
• How much is in the account you want to transfer?

GoldCo Eligibility Criteria

If you need clarification on your eligibility, visit Goldco's website to see the criteria for rolling over a retirement account into a Precious Metals IRA. Additionally, if you have any further questions regarding your eligibility or the rollover process, Goldco's team members are available to assist you. Your Precious metals specialist you speak with can serve as a valuable resource throughout this process for any questions you may have.

The great thing with a rollover is that you can maintain the same tax benefits as your current account while diversifying your portfolio.

Step 6: Once your account is funded, it's time to choose which gold or silver investments you want to include. Goldco's team of experts is on hand to guide you through your options and help you make informed decisions based on your unique needs, financial situation, and goals.

As you consider which precious metals to hold in your account, take a moment to consider your preference for coins, bars, or a combination of both. While bars are a popular choice due to their solid gold composition and availability in different sizes, gold or silver coins may be a better fit for your investment strategy. With Goldco, you can customize your Precious Metals IRA to meet your specific retirement goals.

The weight of a gold or silver bar and the current market price of the precious metal determines its value. On the other hand, coins can fetch more than their intrinsic value based on factors such as rarity and demand.

However, IRS regulations limit the type of gold or silver coins and bars that can be held in an IRA. Gold coins or bars must be at least 99.5% pure, while silver coins and bars must be at least 99.9% pure. Despite these restrictions, Goldco provides a diverse selection of gold and silver coins and bars that can be added to a Precious Metals IRA. You can choose from various options, including:

Gold options for a precious metals IRA

The following are some examples of gold coins and bars that you can add to a Precious Metals IRA:

• Gold American Eagle Coin
• Gold American Bald Eagle Coin
• Gold American Eagle Proof
• Gold Buffalo Coin
• Gold Australian Saltwater Crocodile Coin
• Gold Lucky Dragon Coin
• Gold Maple Leaf Coin
• Royal Mint Gold Lunar Series: 2016-Year of the Monkey Coin
• Royal Mint Gold Lunar Series: 2017-Year of the Rooster Coin
• Royal Mint Gold Lunar Series: 2018-Year of the Dog Coin
• Royal Mint Gold Lunar Series: 2019-Year of the Pig Coin
• Perth Mini and PAMP Suisse Gold bars in 1 oz, 5 oz, 10 oz, 100 oz, and other sizes.

Silver IRA Coins

The following are examples of silver coins and bars available for purchase through Goldco:

• Silver American Eagle Coin
• Silver American Eagle Proof Coin
• Silver Australian Saltwater Crocodile Coin
• Silver American Bald Eagle Coin
• Silver World War I Coin
• Silver WWII Victory Coin
• Silver Lucky Dragon Coin
• Silver Maple Leaf Coin
• Royal Mint Silver Britannia Lunar Series: 2015-Year of the Ram Coin
• Royal Mint Silver Britannia Lunar Series: 2016-Year of the Monkey Coin
• Royal Mint Silver Britannia Lunar Series: 2017-Year of the Rooster Coin
• Royal Mint Silver Britannia Lunar Series: 2018-Year of the Dog Coin
• Royal Mint Silver Britannia Lunar Series: 2019-Year of the Pig Coin
• Perth Mini and PAMP Suisse Silver bars in 1 oz, 5 oz, 10 oz, 100 oz, and other sizes

Step 7: You can make yearly contributions to your Gold or Silver IRA. The maximum annual contribution for individuals below 50 is $6,000 without incurring penalties. Meanwhile, individuals above 50 can contribute up to $7,000 yearly without penalties. However, it is essential to note that these figures represent the maximum combined total you can invest in your retirement accounts. Thus, if you have other IRAs, you cannot invest $6,000 or $7,000 in each account annually.

GoldCo IRA Withdrawals

Withdrawals: According to IRS regulations, you must be 59 ½ years old to withdraw funds from any IRA. If you cancel before this age, you will incur a 10% fee and income taxes on the funds withdrawn.

Precious IRA Storage Metals

According to IRS regulations, an IRS-approved storage facility must store gold and silver in a Precious Metals IRA. Goldco can assist you in setting up secure storage at one of these approved facilities when you establish a Precious Metals IRA with them. In addition, Goldco will securely ship your precious metals to the depository, which can alleviate some of your concerns.

Once you reach retirement age and are ready to start receiving disbursements from your account, you can either receive cash or have physical coins or bars sent to you.

Other Investment Options

Goldco can assist you with personal investments in gold or silver, either as an alternative or in addition to setting up a Precious Metals IRA. They directly sell a variety of gold and silver coins and bullion that you can choose to hold at your home or set up secure storage elsewhere.

If you want to explore these options further, fill out the form on the 'Contact Us' page, and a team member will contact you to provide more information about the different investment options available.

Goldco Investor Resources

Goldco's website provides valuable resources for investors looking to make informed decisions about their retirement investments. By clicking on the 'Resources' tab, you can access a range of sections dedicated to helping you prepare for retirement.

Real-time precious metal prices

One such section offers real-time precious metals prices, which can assist you in monitoring trends and deciding when to invest. You can also use this information to gauge the performance of your investments and determine whether they are increasing or decreasing in value based on the current prices compared to your initial investment. Keeping an eye on precious metals prices can be crucial in making strategic investment decisions.

The website also provides various eBooks, videos, and FAQs to educate clients on investing successfully in gold and silver. The eBooks available for download cover topics such as the American IRA & 401k Crisis, Retirees Guide to IRA & 401(k)s, How to Buy Gold and Silver, 10 Reasons You Should Start a Gold IRA, and 10 IRA & 401k Mistakes You are Making. The video topics include How to Open a Gold IRA, Why Buy Gold, Stock Market Crashes, 5 Reasons to Roll Over Your IRA to Gold, and Can You Trust Mega Banks? These resources can help investors make informed decisions and feel confident in their investments.

Get Your Free Self-Directed IRA Guide with Goldco

Goldco provides a valuable Self-Directed IRA guide to assist prospective investors. The guide highlights the advantages of investing in precious metals and provides information about the different coins and bars that can be included in an IRA. The guide offers step-by-step guidance on setting up an IRA and investing in precious metals.

Goldco IRA Features

• Diversify your investment portfolio with Gold or Silver IRAs from Goldco.
• Earned an A+ rating from the Better Business Bureau and a Triple A rating from the Business Consumer Alliance.
• Gold and silver hold their value well and can be easily liquidated.
• An experienced team is available to assist whenever you need help.
• Excellent selection of gold and silver coins and bars for investment.
• Request a free Self-Directed IRA guide to learn more about investing in precious metals with a Gold IRA.
• Access a wealth of valuable eBooks, videos, and other resources on the website.

Goldco Pros

• Goldco provides a straightforward process to set up a Gold or Silver IRA.
• The team can assist in determining eligibility for rollover from an existing retirement savings account.
• Gold IRA offers the same tax benefits as a traditional IRA.

Goldco Cons

• The website does not display the list of coins and bars available outside of an IRA.

Goldco Review Conclusion

Don't wait any longer to diversify your portfolio with gold and silver investments. Goldco can assist you in preparing for a financially successful future by setting up or rolling over a Precious Metals IRA. Follow the above guide to start the process!

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