Goldco precious metals review
If you are looking for a well-established precious metal company, then look no more: Goldco is your right option. Goldco was established in 2006 by Trevor Gerszt, with its headquarters in Woodland Hills, California. Since then, the company has been helping its customers who wish to invest in tangible assets like silver, platinum, palladium, and gold. This allows investors to protect their wealth while diversifying their portfolios.
The company’s mission is to cushion its customers from the effects of inflation and protect their accounts from stock volatility. They are known for its exceptional client support, which is usually packed with quality educational resources.
Goldco’s evolution
During its foundation, Goldco was called the Goldco Direct and used to deal with direct cash deals. With time, the company realized the need for a dependable gold IRA provider in the market. On noting this need, its management decided to switch its operation to a gold IRA firm.
Following this decision, the company had to change its name to something that accommodated its new operations. So, they come up with Goldco Heritage as the new name of the transformed company, which later changed to Goldco Precious Metals.
However, in April 2017, the company adopted Goldco as its official name. At the moment, Goldco deals with about 20% of non-IRAs and 80% in IRA dealings.
Goldco key services
Generally, their primary services are direct purchases and precious metal IRAs dealings. Followings are some of the services offered by Goldco.
Precious metal IRAs
Once you choose this service the company will help you set an account, either silver or gold IRA. You can as well open a combination account of both silver and gold IRA. If you are not familiar with precious metals dealings, the company will help you decide on the right one for you.
After purchase, they will help you purchase only the approved precious metals as well as arrange them for approved depository storage. This ensures their customers comply with the IRS requirements, thus keeping them on the safer side of the law. The age limit for clients interested in this service is below 70 ½ years.
Cryptocurrency IRAs
In addition to precious metals, this website explains how Goldco owns a sister firm known as the CoinIRA for clients involved in cryptocurrency. CoinIRA’s core aim is to help clients identify the best digital currencies for investment.
The company also assists clients in setting a crypto IRA for their investment. However, clients cannot combine cryptocurrencies and precious metals in the same IRA.
Precious metals cash sales
Clients can also purchase precious metals via Goldco, without income-earning requirements or age restrictions. After buying the precious metals, clients have to decide whether to store them at their homes or in a secured vault.
The storage and delivery are free; however, the sales are only available within the US. In addition to the primary services, Goldco offer other services, including:
- SEP-IRA planning
- 401K rollovers
- Traditional and Roth IRA planning
- Simple IRA planning
- Approach to investing
Typically, precious metal IRA dealings are not similar to paper assets purchases via the brokerage account. Following is a brief overview of precious metal investment.
Open an account
The first step in gold IRA investment is to open an account with Goldco. To open an account, you need to contact their customer care team and book a call with their sales representative.
Funds transfer
Once you open an account, the next step involves transferring all your retirement funds into the Goldco IRA. The minimum amount requires for this account is $25,000. You will then need to choose the metals from a catalog provided and the state you wish to ship your metals.
There are numerous reasons why they are a great gold investment company, like special promotions offered to new members. Additionally, the company provides the best ratings and helps clients establish a portfolio that aligns with their retirement goals.