Goldco is a precious metals provider, helping customers convert their current IRA & 401K retirement accounts into Precious Metal IRAs and the delivery of gold & silver to customers (direct to their home) as a method to protect assets in a cash position.
Goldco is a precious metals provider that educates individuals interested in purchasing precious metals. As with other IRAs, precious metals IRAs can be part of a diversified retirement portfolio and should be approached with care and consideration as with any part of retirement planning.
Goldco Review
Goldco is a leading, award-winning gold and silver provider founded over a decade ago. The company facilitates the rolling over of funds from an existing 401(k), 403(b), 457, pension, or Thrift Savings Plan (TSP) account to a self-directed precious metals IRA. Goldco can also do Roth IRA transfers or conversions. The company also assists with direct purchases of gold and silver that can be shipped to any location in the US.
Goldco aims to help customers learn about precious metals and diversify retirement assets. Customers have access to a vast award-winning library of audio, video, digital, and print materials that provide details about the benefits of precious metals ownership.
Pros
Get up to 10% in bonus silver with no cap
Highly rated by customers, with 6,000+ 5-star reviews
Trusted to place $3B+ in gold and silver for thousands of individuals
Highest industry buyback guarantee
Cons
Rarely sells precious metals other than gold or silver
Gold and other precious metal IRAs can carry risk. Consumers should be alert to claims that customers can make a lot of money in these or have little risk. As with any diversification portfolio, you can lose money, and past performance is not a guarantee of future performance results. Consumers should also obtain a clear understanding of the fees associated with any purchase before agreeing to buy.
Goldco Services and Features
Goldco is a precious metals provider that facilitates the transfer or rollover of an individual’s IRA, 401k, or other retirement savings to a Gold IRA. All IRAs require a custodian to manage account assets, and Goldco assists with the related paperwork to ensure smooth processing. Customers also receive extensive assistance with the direct purchase of precious metals from a savings or cash account.
After assisting customers in completing their paperwork, Goldco provides IRA-approved coins or bar selections for customers to include in a precious metals IRA. A precious metals specialist facilitates the purchase of assets with the custodian and communicates with the storage facility.
Diversifying With Goldco
Diversifying with a precious metals IRA can be an attractive option for consumers who want to balance the volatility of stock and bond markets. Consider a precious metals IRA to hold a tangible asset in your portfolio.
The Taxpayer Relief Act of 1997 made exceptions to the IRS collectibles rule, allowing specific coins of a certain fineness and quality level for IRA purchases. Goldco understands what coins and bars are appropriate for a retirement account. The customer service team has decades of experience with the entire rollover process. You’ll receive assistance selecting IRA-approved custodial and storage services and precious metals.
Goldco received national recognition in 2024 by winning the Stevie Award for Company of the Year at the Annual American Business Awards, its third year being recognized for its achievements in the gold industry. In recent years, the company has appeared eight times on the Inc. 5000 list of the fastest-growing private companies in the country. The Los Angeles Business Journal has also named it one of the fastest-growing private companies, and it was ranked #17 on the Inc. 5000 Pacific Regionals list for 2024.
Goldco IRA Costs
Goldco does not have a minimum for cash purchases or IRA transfers. The custodian charges a flat annual fee rather than a percentage of assets. Goldco does not charge fees.
Gold storage and custodian fees depend on the company you choose to handle these services (required by the IRS). Average storage fees can run from $10 to $60 per month or as a percentage of assets ranging from around 0.35% to 1% annually.
Cost/Fee
Goldco Gold or Silver IRA
Minimum Purchase Required
$0
Annual Fee
Discuss with a representative. Custodial annual fees may be reimbursed.
Storage Fees
Varies by storage facility.
Custodian Fee
Varies by custodian. Typically $75 to $300 annually, depending on segregated vs. non-segregated accounts.
Metals Available
Variety of gold and silver coins that are IRA-eligible.
Goldco IRA Fees
You’ll find some gold and silver price charts in the IRA section of Goldco’s website. Precious metals prices can fluctuate since they’re affected by production and mining, central bank reserves instability, interest rates, and many other factors.
Goldco IRA Costs
You’ll find some gold and silver price charts in the IRA section of Goldco’s website. Precious metals prices can fluctuate since they’re affected by production and mining, central bank reserves instability, interest rates, and many other factors.
How to Open a Goldco Precious Metals IRA
Customers can call Goldco directly or fill out an application provided to open a precious metals IRA. You’ll need to provide a Social Security number and other identifying information, as required by any account.
Goldco will mail or email you a comprehensive guide explaining appropriate precious metals purchases. After reviewing the options, you can ask further questions to help you decide what gold or silver coins suit your IRA.
Excellent customer service
Goldco
A+ BBB rating, AAA Business Consumer Alliance rating
Up to 10% Instant Match in Silver with a qualified account
Representatives were quick to respond to our questions when we reached out via the live chat feature, but when we asked specific questions regarding fees and the details surrounding the buyback program, we were asked to call the representative, as every customer has specific goals when it comes to their precious metals interests.
Competitors may be more forthcoming about real-time pricing, annual fee amounts, and commissions. That said, we appreciate that Goldco makes the in-depth blog, eBooks, and educational videos available to all customers, which we feel would be very helpful for potential buyers starting their research on gold IRA companies.
This, and its vast selection of gold and silver coins for new accounts, allows us to confidently recommend Goldco for first-time buyers unsure how to begin diversifying with precious meals.
Goldco Reviews and Complaints
Goldco has an A+ rating from the Better Business Bureau. Consumer reviews on the BBB site give Goldco 4.8 out of 5 stars, with over 1,100 reviews. The few complaints filed have all been resolved thoughtfully by the company. Goldco has a AAA rating from the Business Consumer Alliance.
ConsumerAffairs readers give Goldco 4.8 out of 5 stars. Reviews indicate that Goldco is very responsive to questions, and many noted that the precious metals specialists were thorough and patient. Goldco also has 4.8 out of 5 stars on Trustpilot and Google reviews.
Goldco FAQ
How do I sell gold or silver held in a Goldco precious metals IRA?
Goldco offers a buyback program guaranteed at the highest price to customers who want to liquidate their accounts.
Can I store my precious metals at home?
No. IRS rules forbid keeping your IRA precious metals at home or in a standard safety security box. The storage facility must restrict access and store each customer’s precious metals purchased as part of their precious metals IRA. This ensures the metals you purchased are returned to you (or cashed in), meeting legal distribution requirements.
Are the values of the precious metals I buy for my IRA guaranteed?
Like all investments, the future value of precious metals is not guaranteed and rises or falls based on various market influences.
When can I take distributions from my Goldco Gold IRA?
You or the beneficiary of your precious metals IRA can start taking penalty-free distributions from the account at age 59 1/2.
How long does it take to roll over a Traditional IRA into a Gold IRA?
IRA transfers typically take around two weeks to complete. However, each Goldco application is different, and processing time varies by case.
Conclusion
Goldco educates individuals interested in purchasing precious metals about the rules surrounding precious metals IRAs and IRS-approved buying options. It has many years of experience in the precious metals market and silver and gold IRAs. Consumer reviews frequently mention the level of customer service Goldco provides throughout the process of establishing a precious metals IRA
Excellent customer service
Goldco
A+ BBB rating, AAA Business Consumer Alliance rating
Up to 10% Instant Match in Silver with a qualified account
The people at Goldco are not only knowledgeable, they are also very personable. I had a family emergency and everyone from John **, Senior Account Director to all the other people working for Goldco were very caring and most helpful in helping me get cash from my IRA to deal with a near tragedy with a family member.
Every time I communicated with John he lifted my spirits and always told me I was in his prayers and to have faith that everything would be fine as God was watching over my family member and me. I would have never thought a precious metals IRA management company would have so many caring people trying to handle my needs.
If you want to convert your regular IRA to to precious metals call Goldco and you will will be amazed caring attitude as well as their knowledge. I want to say one thing to all the people I worked with. God Bless you all! You restored my faith in mankind! Danny **.
Danny S.
San Antonio, TX
April 12 2025 1:11PM
The entire process of establishing a Gold IRA account was effortless. The folks at Goldco were very helpful & efficient with opening the IRA account, establishing the necessary trust account, funding the account with a rollover contribution, and purchasing the allowed metals. I couldn’t be happier with my experience.
John W.
Louisville, KY
April 09 2025 9:16PM
I have never purchased precious metals before, and this was a very pleasant and seamless experience. The representatives at Goldco were so helpful, thorough, kind and respectful, from start to finish. And, everything moved along so quickly, from explaining how to transfer money from my bank, to purchasing the physical gold and silver. I am so impressed with Goldco and their staff, and happy that I chose to go this route with my decision to purchase metals. Thank you, Goldco! Can't wait to receive my physical metals!
Joy K.
GREAT FALLS, MT
April 08 2025 10:14PM
Call made to purchase gold was Very Professional and I received clarity. Everything was explained thoroughly both with Zeve and the final step of authorization. Was excited about the extra 10% in silver. Communication with Zeve is excellent we are in constant communication with him..
Harold S.
Mt Vernon, NY
April 08 2025 7:17PM
The representatives were very patient, informative and helpful in explaining my options and working with me to develop a purchase plan. Some of the gold coins that I wished to purchase were not available, but other satisfactory options were provided.
James S.
Cartersville, GA
March 31 2025 7:42PM
When we reach out to GoldCo, we know we will get an relevant and timely answer. Carl is always available and attentive to our needs. He made sure we had our order just right. The FREE silver included with our order was a great benefit! Thank you GoldCo!
Raul L.
Hermitage, TN
March 26 2025 4:16PM
They made it ultra easy to purchase precious metals to help protect my retirement. I would recommend Goldco to anyone I know interested in protecting their retirement. One couldn’t go wrong in choosing Goldco for this reason.
Robert J Z.
Lancaster, CA
March 22 2025 1:53PM
I have told my coffee friends to buy gold for an edge against inflation. The fall of the American dollar. Interest rates from banks are low. Some older people don’t feel comfortable with gold because they can’t take a thousand dollars out and go downtown to shop or put in their checkbook to buy airfare.
Elverna M.
Winona, MN
March 19 2025 1:09AM
I rolled over my 401k into a metals backed IRA, Right from the first phone call where I was just asking questions, I was treated like I was important, I spoke with Frank several times it was always a professional yet relaxed conversation and I was at complete ease working with Frank, He explained everything to me and ensured I had all the proper tools to make an informed decision about my transaction. I will definitely recommend Frank and the Goldco team to anyone looking to diversify their portfolios, or roll over funds.
Bryan W.
SOUTH ROCKWOOD, MI
March 18 2025 11:32PM
Working with Goldco has been informative and easy. Our purchase of precious metals was straight forward. Your team provided step by step process information that made us comfortable with our decision to create a rollover Precious Metals IRA. Thank you. Tim **
