GoldCo Review: Safe Investment Services That Work?

While most Individual Retirement Account (IRA) participants invest in more traditional assets such as stocks, bonds, and mutual funds, the tax code allows specialty IRA accounts to invest in precious metals such as than gold and silver. Unlike the volatile stock market, gold has demonstrated consistent and steady growth over the past few years. This has led many retired investors to trust the diversification and inflation protection of gold IRAs.

Compared to a traditional IRA, which can be quickly set up and maintained through a custodian, a Gold IRA requires a few extra steps to set up and manage. Financiers must select a custodian and repository authorized by law. There must be careful purchase and transfer of gold to ensure that the custodian can manage it adequately. To that end, investors should work with a reputable, trustworthy, and legitimate gold IRA company to guide them through the process.

Pricing transparency, educational materials, customer support, and the convenience of creating an account and obtaining rare earth elements all play a role in the quality of a respectable IRA company. One IRA company that ticks all the boxes is GoldCo.

Investments in precious metals are available through GoldCo, which also helps convert traditional repos into Precious Metal IRAs. Gold, platinum and silver, or a mixture of these metals, can be used to fund these IRAs, although GoldCo only deals in gold and silver. Rare earth elements are also redeemed or sold in the metals market when clients begin making withdrawals from their IRA.

By reading the review article below, you’ll learn more about GoldCo fees and everything you need to know to decide.

What is GoldCo?

It is essential to approach rare earth element IRAs with caution and consideration, as you would any other aspect of retirement planning. This is where GoldCo helps. GoldCo, a Woodland Hills, California-based rare earth element IRA provider, offers investors an alternative to traditional financial investments. As one of the best precious metals IRA companies, GoldCo provides valuable expertise in gold IRAs. GoldCo clients can quickly transfer their existing pension funds to gold and silver IRA accounts.

GoldCo is very happy with the help it provides to its customers before, during and even after the creation of your profile. They repeatedly emphasize that they assist new clients through the process of establishing a gold IRA and renewing existing assets. You will get a response within minutes if you text through their online chatbox. Consumer satisfaction is their number one concern and they strive to exceed their customers’ expectations.

How do GoldCo IRAs work?

A rare earth broker, GoldCo facilitates the trading of gold and silver. Custodians are required for all IRAs, and GoldCo helps with the paperwork to ensure a smooth transition. Clients also receive plenty of support in transferring an existing retirement account to a rare earth element IRA. GoldCo uses a quick and easy process to complete the IRA rollover from start to finish.

This process is given below:

To open your account, a GoldCo agent will complete the paperwork and transfer or reverse assets from your current retirement plan, such as an IRA or 401(k). You can also start a new IRA by following the annual IRA contribution limits.

Now you will hand over your finished documents to GoldCo, and they will get to work.

GoldCo will help you start a self-directed IRA and manage the necessary paperwork so you can transfer money from your checking account tax-free and avoid penalty fees for withdrawing money too soon.

IRA rare earth element financial investment alternatives are available once your account is opened.

The whole process will take about two to three weeks from start to finish.

Following your selection of precious metals, they will be acquired and sent to the Delaware Depository, Brinks or IDS Texas.

Why invest in precious metals IRAs?

GoldCo understands that it can be difficult to save money for retirement and invest it in the right place. You can lose a lot of money, even if you have done everything right and invested in the stock market for years. In 2008, many bankers were affected by the financial crisis and they realized that money could be lost as fast as it could be earned.

GoldCo provides retirement products backed by rare earth elements rather than paper assets to help clients avoid market crashes like the one that occurred in 2008. According to GoldCo, physical rare earth elements can be purchased for various reasons listed below:

  • Gold IRAs, like regular IRAs, allow investors to accumulate tax-free gains.
  • Existing retirement assets can be easily transferred to a silver or gold IRA.
  • A small increase in the supply of gold each year means that inflation is not a significant threat. In the case of flat currencies, an annual inflation rate of 2% to 3% is average.
  • Even though the supply of gold remained stable, the price rose steadily. Since 1971, it has outperformed the stock market.
  • An investment in gold protects against inflation, currency threats, payment defaults and geopolitical and monetary crises. This level of security makes it an ideal investment choice for people approaching retirement.

GoldCo Gold IRA Guide:

If you want to learn all about investing in gold and silver through a rare earth element IRA, look no further than the GoldCo Gold IRA Tutorial Guide. In your free guide, you’ll learn about the benefits of gold IRAs, how to get started with rare earth element investments, and how long the IRA process will take. You’ll discover how to use gold and silver to protect your retirement funds, enhance your wealth, and add much-needed stability to your overall investment portfolio. GoldCo IRA specialists will be available to answer any additional questions you may have after reading your free IRA guide.

GoldCo FAQs

Q: Does GoldCo offer precious metals to those who don’t have a gold IRA?

A. Yes, they allow you to purchase gold and other precious metals and have them delivered to your location.

Q: How do I convert my current IRA or 401k to a Gold IRA?

A. Support staff opens a new GoldCo Precious Metals Individual Retirement Account (IRA) for you. They help you fund your new account with assets from your old IRA (there are no fines and no additional investment required). Once the transfer is complete, they will help you select the most appropriate precious metals for your financial goals.

Q: Who qualifies for a Traditional Precious Metals Individual Retirement Account (IRA)?

A. Anyone under the age of 71 who earns an income is eligible.

Q: Are there any penalties associated with switching from an IRA or 401(k) to a Gold IRA?

A. No, an IRA rollover is a tax-free transaction with no fees or penalties.

Q: What metals can I hold in my Gold IRA?

A. While gold and silver are the most common assets in precious metal IRAs, platinum and palladium are also available from some companies. Additionally, you can choose between coins and bars.

Q: How do I protect my precious metals in my IRA?

A. They will help you move your gold, silver, and other precious metals into a secure vault at an IRS-approved custodian when you open an account.

Q: How do I get distributions?

A. Depending on the metals in your account, you can get dividends from your rare earth IRA in the form of gold or silver. If you prefer to get money in exchange for your precious metals, you can have them converted.

Q: Can I physically own the metals?

A. Yes, they are kept in a repository in your name, and after reaching the age of 59 you are free to take physical custody of your metals. Also, there is no metal overlap in the deposit. Your metals are stored separately from those of other customers.

GoldCo Pricing and Fees

goldco does not publicly disclose its fees, but a conversation with a customer service representative confirmed that there are setup fees and annual fees. Goldco charges a fee for opening a new account and assisting with the 401(k) rollover process (if required) and an annual fee for storage and insurance from the custodian.

Here is GoldCo’s prize breakdown:

  • $180– per year for storage and insurance.
  • The first year fee is waived for new customers, with a 10% bonus in silver coins for new customers.
  • A minimum investment of at least $25,000 in gold and silver in an IRA is required.
  • Beyond an IRA, the minimum purchase amount is at least $3,500.

Buy your rare earth elements with confidence, knowing that Goldco offers a buyback program that guarantees the best price if your situation changes. The company is committed to providing you with the highest quality rare earth elements available and takes pride in providing you with added convenience and security with your transaction. For any information regarding a gold IRA, you can contact the customer support team via the following methods:


An IRA for rare earth elements can be an attractive option for investors who want to reduce volatility in stock and bond markets. GoldCo assists investors in this area by guiding them through critical considerations, rules governing precious metals IRAs, and IRS-approved investment opportunities. GoldCo has experience in the precious metals market and in silver and gold IRAs. Clients can call Goldco directly or apply online to open a rare earth element IRA account.

To open an investment account, you will need to provide your social security number and other identifying information. Goldco will provide you with a comprehensive Rare Earth Investing Handbook, which you can receive by mail or email. After reviewing your options, you can seek help in determining the appropriate amount of gold or silver for your IRA.

The company claims to have over a decade of experience and several satisfied customers. The white glove service is unmatched by anyone. GoldCo has many positive reviews from consumers who have been satisfied with their service and attention to detail. If you are interested in an alternative to the stock market, consider checking out GoldCo and learn more about investing in precious metals by clicking here! >>>

Lynn A. Saleh