GOLDCO 2022 Updated Review: Are they worth the try?

Welcome to my GOLDCO Review! (updated for 2022)

Some of you might have heard about them as you search your way through Gold and Precious Metals investments (because of its huge potential on the market)!

They are topping the charts and have built their name in the industry!

However, are they worth the try? Can you trust them with your entire retirement savings? Are they committed enough to serve you in the process?

Let us get to know them in this GOLDCO 2022 Updated Review!

GOLDCO Review

  • Name: GOLDCO
  • Website: https://goldco.com/
  • Founder: Trevor Gerszt
  • Minimum Investement: $25,000 minimum
  • Fees: $175- $225 per year.
  • Rating: 4.9/5.
Goldco Review

What is GOLDCO?

Doing this enables individuals to protect their money and wealth which is a necessity especially to retirees! 

Who doesn't want to protect their money from the changing and volatile economy that can severely affect the stock market and other paper assets where the IRAs commonly rely on?

That's where a Gold IRA enters!

Why a Gold IRA?

GOLDCO defines a Gold or Precious Metals IRA as:

...an Individual Retirement Account in which physical gold or other approved precious metals are held in custody for the benefit of an IRA account owner. It acts similar to a Traditional IRA, only instead of holding paper assets, it holds physical precious metals.

With GOLDCO, you can hold precious metals such as gold, silver, platinum, and palladium. 

GOLDCO Review

With a Gold or Precious Metals IRA, you'll be able to:

  • Diversify your investment portfolio
  • Protect you from a failing economy and stock market
  • Offers the ability to accrue gains tax-free 
  • You can have an easy rollover since gold IRA can be funded with existing retirement assets
  • Unmatched financial stability of Gold
  • Ability to grow a portfolio’s value

How to Get a Gold IRA?

With GOLDCO, you can get your own Gold IRA or Precious Metals IRA through 5 very simple steps!

1. Choose your Gold or Precious Metals IRA

The choices you have to make about gold or precious metals IRA is whether you'll choose conventional gold IRA that uses pre-tax dollars, or a Roth gold IRA that uses post-tax dollars.

This usually depends on how you fund your gold or precious metals IRA.

2. Have your IRAs Funded

You have plenty of options when it comes  to choosing how to fund your IRA. You can choose a 401(k), multiple tax-advantaged retirement accounts, or you can choose to fund a Roth gold IRA with after-tax dollars, you’ll need to choose a funding source for your gold IRA. That could be a 401(k), 403(b), 457(b), or TSP plan.

3. Choose a Custodian

In order to have both physical gold or precious metals, you need a custodian. 

GOLDCO has a lot of custodian that have tons of years of experience helping investors just like you protect and safeguard their precious metals investments.

4. Have your Gold IRA Funded

Here it is! You need to funds to get your gold or precious metals IRA. What you need to do is if you are doing a rollover, you’ll sell assets from your current retirement accounts and roll them over into your gold IRA.

Specialists from GOLDCO will ensure that the you will go through the correct process which conforms to IRS regulations so that you don’t accidentally expose yourself to any tax liabilities.

5. GET THAT GOLD!

Now that you have the money, let's get to investing! There are plenty of options with GOLDCO. You can choose old coins or bars you want to invest in.

It’s important to remember that not all gold is eligible for investment through a gold IRA. GOLDCO will also provide you gold and precious metals that is IRA eligible to choose from!

You can better understand this with a video on their website! Just click the picture below!

GOLDCO: Reviews & Ratings

GOLDCO's ratings and reviews are superb! You'll have no worries trusting them because of their good reputation in the industry.

Here are some of GOLDCO's reviews and ratings:

  • Goldco Honored as a Company of the Year in the 2021 American Business Awards
  • BBB Accredited since 2011
  • BBB A+ Rating
  • 4.93/5.00 STAR Rating from 110 Customer Reviews
  • Consumer Affairs Authorized Partner
  • 4.95/5.00 OVERALL SATISFACTION Rating in Consumer Affairs (Based on 410 ratings)
  • 5.00 STAR on Google Reviews
  • 4.80/5.00 EXCELLENT STAR rating on Trustpilot (570 Reviews)
  • 5.00 STAR Rating on TrustLink (253 reviews!)
  • INC. 5000 VERIFIED PROFILE
  • Member of the Business-Consumer Alliance
  • Registered Member of the Ethics.Net

Goldco Fees

Goldco requires a minimum purchase of $25,000.

Included in their ONE-TIME Fees are:

  • Wire fees = $30
  • IRA Account set-up fee = $50

On the other hand, their ANNUAL Fees include:

  • Maintenance Fee = $80
  • Storage Fee = Segregated: $150; Non-segregated: $100

How to open a Goldco Account 

To open an account, you may contact Goldco.

You can fill-up an online form in their CONTACT US section and they will contact you at a time that is convenient for you.

Or, if you want to contact them now, you may call them at (855) 465-3472!

They are available at these times:

Monday – Friday:  7am – 4pm
Saturday and Sunday:  Closed

What I Like About GOLDCO

Here's what I love about GOLDCO:

1. They offer physical gold and precious metals (without the IRA)

Some just loves collecting stuffs, and so Goldco Precious Metals can help you buy what gold or precious metals you like. They can also secure delivery to your location.

2. BuyBack Program

In Goldco, they offer a buyback program where you can sell to them the gold or precious metals you have acquired from them!

Well, you'll never know when you will be needing the money! So, it's always good to have a back-up!

3. Trusted and Experienced Custodians

Goldco uses Equity Institutional & Self Directed IRA as their resident custodians. 

They are known leaders in the industry and has over 40 years of combined experience in the self directed IRA industry!

4. Superb Customer Service

Goldco provides excellent customer service with a hands-on team that will never get tired of answering your queries and providing support all throughout the process!

5. Exclusive Benefits for New Customers

With Goldco, ALL FEES ARE WAIVED in your first year with an initial investment of $50,000!
There's also a 5% FREE METALS when you order over $50,000!

6. Detailed Description on their Products

Goldco provides a very detailed description of their products. They include information such as its producer/ manufacturer, face value, weight. gold content, purity, diameter, its obverse details, and reverse details!

With such information, you can take your time choosing what gold or precious metals you'll want to put your money in!

What I Don't Like About GOLDCO

Here's what I don't like about them:

1. You can't register online

Goldco hasn’t yet offered an account setup application online. So, what you need to do is to give them or email them and have you supported by them personally!

2. $25,000 Minimum Deposit

This is quite big, however, this is still better than the $50,000 minimum deposit I have stumbled in my past reviews!

FINAL THOUGHTS

In this GOLDCO Review, 

we can assure you that IT IS NOT A SCAM.

However, we must always be cautious with our investments and where we should put our money in!

As a matter of fact, legit and trusted sellers like GOLDCO has a disclaimer section where they indicate that:

There is no assurance that commodities, i.e. precious metals, will achieve their objectives. Return and principal value will fluctuate and your portfolio, when redeemed, may be worth more or less than the original cost.

Nevertheless, read, read, and read! Do your research and read reviews like this!

All investment has risks, you just have to choose those trusted ones like Goldco.

Thank you for reading my review! I hope you find this beneficial! 

Spread The Word:

Leave a Comment