Goldco: At a Glance – Information Resource

A Gold IRA is a self-directed individual retirement account that allows you to invest in physical gold and other precious metals. Goldco helps you set up the account, purchase IRS-approved metals, and store them in secure depositories. The investment grows tax-deferred (Traditional) or tax-free (Roth) depending on the account type.

No, Goldco has no minimum investment requirement, which is unique among precious metals IRA companies. This makes it accessible for beginners or those with smaller budgets who want to start investing in precious metals for retirement.

Goldco’s first-year total fees are $275, which includes custodian services, unlimited storage, transaction processing, and wire transfers. Ongoing annual fees are $225 for storage and maintenance. There’s also a $30 wire transfer fee. These fees are transparent and competitive in the industry.

Your metals are stored in IRS-approved vaults at either the Delaware Depository or Brink’s Global Services. Both facilities offer Class III vaults with advanced security measures and are fully insured by Lloyd’s of London. You can choose between segregated (individual) or non-segregated storage options.

Yes, after age 59½, you can take penalty-free distributions from your Gold IRA, including physical delivery of the metals to your address. Before that age, taking physical possession would be considered an early withdrawal and subject to taxes and penalties.

Goldco specializes in gold and silver products that meet IRS purity requirements for retirement accounts. This includes American Eagles, American Buffaloes, Canadian Maple Leafs, and bars from trusted mints. Currently, Goldco does not offer platinum or palladium for IRA accounts.

The account setup process typically takes 1-3 business days for approval once your application is submitted. After approval, you can fund your account and select your precious metals. The entire process from start to funded account usually takes 2-4 weeks depending on funding method.

Yes, Goldco provides a buyback guarantee where they agree to repurchase the precious metals they’ve sold at fair market prices. This offers peace of mind and liquidity, eliminating the need to find a buyer when you want to sell your metals.

Absolutely. Goldco specializes in helping clients rollover funds from existing IRAs, 401(k)s, 403(b)s, and other qualified retirement accounts into a precious metals IRA. They provide step-by-step guidance and handle most of the paperwork to ensure a smooth, compliant transfer.

Yes, Goldco is a legitimate, privately-held company founded in 2006. It has an A+ rating with the Better Business Bureau, AAA rating with Business Consumer Alliance, and over 7,300 five-star customer reviews. The company has placed over $3 billion in precious metals and has been featured on the Inc 5000 list of fastest-growing companies for 10 consecutive years.