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Goldco Review – Highly Rated Customer Service Precious Metals Company
Goldco is an online brokerage service for precious metals that specializes in IRA and 401k gold IRA rollover. This company delivers precious metals direct to their clients as well as retirement vehicles Gold IRA’s and 401k’s.
Unlike stocks, mutual funds, and bonds that are all linked to the dollar, precious metals stand on their own. These metals don’t depend on the dollar. Therefore, the price of silver and gold is not affected when the stock market tanks.
If you want to stabilize your portfolio with the help of true investment, you should go with a company like Goldco. Such companies help you to choose the right precious metal for you. Let’s dive a bit deeper into Goldco…
What is Goldco?
Goldco Precious Metals, commonly known as Goldco, is a gold IRA company or precious metal firm that specializes in gold and silver IRAs. This company has helped many people diversify and grow their wealth in physical metals such as silver, gold, palladium, and platinum.
Trevor Gerszt founded it in 2006 and it’s headquartered in Woodland Hills, California. According to Inc. Magazine, it was the third fastest-growing financial services company in the USA in 2015. Similarly, it was ranked 17th fastest growing company in the Los Angeles Business Journal.
What Does Goldco Offer?
As we have already mentioned that Goldco products are different precious metals IRAs i.e. gold and silver IRAs. This company is not a custodian of your actual IRA account. It only acts as a broker for the buying and selling of precious metals. They assist you in completing the account application paperwork with different custodian companies.
Goldco helps customers in obtaining IRAs approved coins and coordinates these purchases with the customer’s custodian and storage facility. They also help you with rolling over your existing account into precious metals IRAs. Here are some remarkable products offered by Goldco:
Gold IRA: They inform you of opening a Gold IRA i.e. which metals you should invest in.
401k Gold IRA Rollover: This company helps to roll over different types of IRA into precious metal IRA.
Silver IRA: If you are a newcomer and don’t know how to start a silver IRA, this company help you to get started. They guide you that which silver coins are accepted.
Traditional and Roth IRA Planning: This company provides different resources and a knowledge base comparison of Traditional and Roth IRAs. You will also learn how to get them rolled into a precious metals IRA.
Simple IRA Planning: If you want to learn how to open a Simple IRA and how different rules work for silver and gold Simple IRA, Goldco can help you!
SEP IRA Planning: Goldco offers different things such as contribution limits, information on eligibility requirements to clarify SEP IRAs.
Why Choose Goldco?
You might be thinking why to invest in this company. It is very attractive for many investors due to its unique perks.
1) Special Offers for New customer
If you are a new customer, you can avail yourself of two special offers. First, when you open an account with at least $50K, you will get fees waived your first year. Second, you can earn 5% back in free metals after placing a qualified order over $50k.
So you can save up to $320 in fees after opening an account with $50,000. And, you can receive $2,500 worth of free metals depending on the metals you purchase.
2) Low Fees
You need to pay $260 for your first year when you open an account. After that, you will have to pay only $175~225 every year. Further, non-IRA transactions have no charges, so you pay $0 in fees.
3) White-Glove Customer Service
The satisfaction of the customers is Goldco’s top priority. Whether you open an IRA or purchase metals straight-out, the company makes sure that each customer is completely satisfied. If any issue occurs, they try to resolve it immediately.
4) IRA & 401K Rollovers
Do you have an existing retirement plan? Goldco makes the rollover process very easy and straightforward for you. It is a quick and 3 steps process as follows:
- Open a new precious metals IRA.
- Fund your account with your old IRA and a Goldco specialist will help you in this process.
- After a successful money transfer, the company will help you in purchasing precious metals according to your need.
5) Buyback Program
If you want to sell your precious metals, Goldco will be there to buy them back from you. It is certainly good news for investors because you will most possibly receive a higher price than you’d receive from a random coin dealer.
It is not required to sell your metals to this company. Therefore, you can save those metals and sell them when getting a better deal.
6) Extensive Educational Resources
Goldco has extensive educational resources on its website to guide investors about precious metals and IRAs. You can also download different eBooks such as the gold IRA investment guide and The American IRA and 401k Crisis.
Video tutorials are also available that cover a variety of topics and threats such as dollar fluctuation, the oil crisis, and stock market crashes. You can also view different live price trackers for all precious metals on the website.
Pros and Cons of Goldco
Pros
Here are some advantages of Goldco:
- It has special offers for new customers.
- You need to pay a very low fee i.e. $180 annually and there are no hidden charges.
- Customer support is readily available.
- Extensive educational resources such as blogs, eBooks, and video tutorials.
- The expert team helps you to choose the right precious metals.
- It has an A+ rating at the Better Business Bureau.
- They offer free storage for non-IRA precious metals.
Cons
Here are some disadvantages of Goldco:
- The minimum deposit of IRA starts at $25,000.
- You can’t set up an online account.
- They don’t provide custodian or storage services for precious metals.
Wrapping Up
Goldco is an incredible platform when it comes to gold and silver IRA investments. The investment process is very simple and transparent. Personally, we will give their education materials 5 stars of rating. If you want to roll over a retirement account to IRA-approved gold and silver coins, Goldco should be your top priority.
Silver and gold IRA investing in this company is highly recommended. However, if you are looking for an extensive selection of metal products such as palladium and platinum coins, you should look elsewhere.
Minimum Investment : $25,000
Fees: $175~225/year
Promotion: Goldco is offering $10% Back in free silver for qualified accounts!
Example: Open a Precious Metals IRA with $100,000, and they’ll send you $10,000 in FREE SILVER
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