Advantage Gold Review
Advantage Gold offers gold, silver, palladium and platinum investing services in the form of precious metal IRAs. Explore gold retirement investment resources and download a free gold IRA guide on the company website. When you open a self-directed IRA with Advantage Gold, you can decide which IRS-approved precious metal coins, bullion and bars to hold in your account. Accounts have flat yearly fees and first-time buyers get a discount. The company specializes in rollovers from existing IRA and retirement accounts to precious metals IRAs.
Advantage Gold is a member of the American Numismatic Association and the Industry Council of Tangible Assets.
Pros
- 100% tax-free rollovers to precious metals IRA
- First-time buyer discount
Cons
- Fees not listed on website
Advantage Gold Services
Advantage Gold offers self-directed precious metals IRAs. That means clients can select which precious metal coins, bullion and bars to invest in. Choose from IRS-approved gold, silver, palladium and platinum. Find a full list of specific coins and bullion on the website. A few examples include American Eagle gold, silver, platinum and palladium coins, Chinese Gold Panda coins, Australian Emperor Penguin coins, Mexican Libertad silver coins and much more.
The company can open a new account for you, or roll over many types of existing retirement accounts, including a traditional IRA, Roth IRA, SEP IRA, Simple IRA. TSP, 401(k), 403(B), 457(b), pension plan or tax-sheltered annuity. Rollovers into a precious metals IRA are tax-free.
To store its clients’ investments, Advantage Gold partners with Brinks Global Services USA in Los Angeles and Salt Lake City and Delaware Depository in Wilmington. The company recommends STRATA Trust Company and Equity Trust Company as IRS-approved custodians.
If you decide to take a distribution from your precious metals IRA, you have the option to receive the metal instead of cash. At any time you can sell back any metals that you buy from Advantage Gold at fair market value, with at least spot price guaranteed.
Advantage Gold Costs
A precious metals IRA from Advantage Gold is subject to flat yearly fees that are disclosed to the client and won’t change throughout the year.
How to Get a Quote from Advantage Gold
Customers can call a specialist at Advantage Gold to learn about how to open an account and the associated costs. The company website also offers information about how precious metals IRAs work.
Advantage Gold Complaints
Reviewers consistently give Advantage Gold five stars, and the company has over 800 Google reviews. Customers said agents took time to ask questions about their financial goals and made the investment process easy. Clients were especially impressed with the follow up support they received and the education on different types of precious metals. Several reviewers said they were long-term clients and that their experiences had been great over the years. One reviewer mentioned that agents were able to secure excellent pricing on precious metals during a period of scarcity.
Advantage Gold FAQ
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Where is my precious metal stored with an Advantage Gold IRA?
Advantage Gold partners with Brinks Global Services USA in Los Angeles and Salt Lake City, as well as Delaware Depository in Wilmington, to store its clients’ precious metals.
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Can I convert an existing retirement account to a precious metals IRA with Advantage Gold?
Yes, Advantage Gold specializes in rollovers. You can rollover funds from traditional, Roth, SEP, SIMPLE, 401(K), 403(B), 457(B), TSA and thrift savings plans, in most cases 100% tax free.
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What types of metals can I keep in my IRA?
Advantage Gold offers accounts with IRS-approved gold, silver, platinum and palladium.
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Can I liquidate my precious metals IRA with Advantage Gold?
Yes. Advantage Gold offers buyback services and guarantees its clients at least spot price when buying back precious metals purchased from the company.
Conclusion
Though Advantage Gold claims to have transparent pricing, fees are not disclosed on the company website. Customers interested in learning more about the costs of investing in a precious metals IRA must contact the company. Specializing in retirement account rollovers to precious metals IRAs, Advantage Gold takes time to educate clients on the investment process so they can make an informed decision. Rollovers from existing retirement accounts are tax-free. Advantage Gold stands out from other precious metals IRA providers with its self-directed accounts that allow clients to choose which IRS-approved coins and bars they want to hold. With a solid five-star reputation, Advantage Gold is known to its customers as a trustworthy company offering excellent service.