Gold IRA Custodians Official Goldco Review
Goldco is one of the metal retailers but with a slightly higher price tag that comes as higher minimum investment amounts. If you can invest at least $25,000, you can enjoy the promotional bonus and offers. This article is going to walk you through Goldco, the pros and cons, and how you can open an account.
Goldco Review
Goldco is the ideal company for people who want to invest large amounts of money into precious metals. If you meet the requirements, you will get to enjoy a lucrative silver bonus, which you won’t find from a lot of competitors.
The first aspect that may attract your attention and raise Goldco’s standards and make them different from others is the marketing strategies. From the endorsement and media appearance, you will notice significant differences.
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Goldco also standout from the competition by offering free educational gold IRA books that provide you with basic information on different types of gold investments and the one that is right for you.
With Goldco, you get to enjoy a buyback guarantee offer, bonus of free silver if you meet the minimum requirements. The only downside for many when it comes to investing with this company is that the company has a high minimum for IRAs.
Goldco IRA Fees
Most precious metals companies charge different fees including those of creating an account and transactions, but Goldco is different, you won’t find fees listed in the site, you have to contact the company representative to have an idea of the costs and promotions.
As of January 2024, the company has a one-time setup fee of $50 and around $200-$250 annually for custodian fee which will cover storage and insurance as well. The actual price of the custodian fee depends on the third-party custodian you select. As an investor, you have multiple options to choose from when it comes to custodians that will fit your needs.
For an investment retirement account, the minimum amount you can deposit is $25,000 and if you want to provide gold or silver, you smallest amount you can start with is $15,000. What’s more, Goldco don’t charge spread or purchase commissions.
How to Open an Account with Goldco
To open an account with this company, there are steps involved. The first is you need to complete the IRA account agreement. Secondly, you must find your account in which you can write a check or send away a transfer.
However, if you already have an existing retirement account, it’s recommended you use it because it doesn’t result in taxable event.Lastly is purchasing the metals. Usually, this whole process doesn’t take more than 10 business days.
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Goldco’s Bonus Offer
Most investment retirement account companies will provide their new customers with discounts and benefits especially if you meet their minimum deposit level. Goldco offers silver bonus after a qualified purchase.
You can earn between 5% to 10% silver When you deposit $50,000 or above. You get to earn $750 bonus in silver after making $15,000 cash purchase. This can increase up to 10% bonus when you buy $100,000 assets in cash.
Goldco Offerings
- Precious Metals IRA
Purchasing precious metals investment account with Gold IRA Custodians allows you to buy gold and other types of metals and benefit from the tax advantage of a Roth IRA or traditional IRA based on the type of account you opened with the company. A Gold IRA Custodians wrote this review to help you make the right decision. After opening an account, you have the option of funding it with cash or buying precious metals. You can also raise your money from other investment accounts like 401k or 403b.
Buying Physical Gold
If you purchase metals with cash or savings account, this company can help you buy or sell them if they can be shipped and held directly in your homes. You can find different types of gold and silveron the company website. But the selection usually appears smaller and less diverse compared to other companies in the same industry that provide gold and silver bullion, bars and other precious metals like platinum.
Conclusion
Goldco is a company that was founded in 2006 with its headquarters in Woodlands Hills California. The company focuses on precious metals investment retirement accounts and Direct sells of gold and silver. As of 2025, the setup fee is just $50, which is a tiny amount for the amount of time and hassle they’re saving you.
