Based on our in-depth research, we have determined that Advantage Gold is a trustworthy investment option. However, we will also assess other companies with better reviews and more reasonable fees in our comprehensive review.
To see a list of the best companies in 2023 click the link below:
<< Click Here To Discover The Best Gold IRA Companies of 2023 >>
If you’re in a rush, here are our top 3 picks with some information about them:
#1 BEST OVERALL: Goldco
#2 BEST FOR HIGH NET WORTH INDIVIDUALS: Augusta Precious Metals
August Precious Metals Detailed Review
#3 BEST FOR INVESTMENTS UNDER $5000: Birch Gold Group
Birch Gold Group Detailed Review
Investing in precious metals IRAs, such as gold IRAs, has become increasingly popular over the years due to their potential for diversification and protection against inflation. As such, it’s essential to work with reputable precious metals IRA providers to ensure your investment is safe and secure.
In this Advantage Gold review guide, we’ll examine Advantage Gold, one of the popular precious metals IRA providers that offer an Advantage Gold IRA account for investors to add physical precious metals to their existing IRA.
When investing in these lucrative options, one of the primary concerns revolves around the fees involved. We’ll provide an in-depth analysis of fees charged by different providers so you can determine which one is right for you.
Furthermore, safety and security are two major areas we’ll address; our reviews will inspect their BBB rating and help identify any scam risks associated with each provider. Lastly, since laws regarding gold-backed investments may change yearly – we’ll cover the most recent updates on IRS regulations in 2023 for added reassurance.
About Advantage Gold
#1 Readers Choice
Since 2014, Advantage Gold has provided the highest quality of service to those interested in gold investment. Founded by experienced account executives Adam Baratta and Kirill Zagalsky, Advantage Gold is devoted to providing a customer-centric experience and perfecting customer education.
Although headquartered in Los Angeles, California, the firm caters to customers across all 50 states and has attracted attention from major publications like Forbes, INC magazine, and more.
In addition to his role as co-founder of Advantage Gold, Adam Baratta is also the best-selling author of two books entitled “Gold is a Better Way” and “The Great Devaluation”.
These books have benefitted countless amateur investors eager to learn the basics of gold investing. The work that Mr. Baratta has put into his writings highlights not only his commitment to mentoring new investors but also his dedication to spreading understanding regarding economic fluctuations and their effects on investment opportunities.
Each day, Adam Baratta and Kirill Zagalsky reside at the heart of an impressive organization driven by a real passion for improving its services for customers nationwide.
Advantage Gold Products and Services
Advantage Gold specializes in offering self-directed precious metal IRAs, allowing clients to choose their investments in coins, bullion, and bars made of IRS-authorized gold, silver, platinum, and palladium. There is a full list of different options available on the website so everyone can find the right investment for them.
Gold Coin options range from the classic American Eagle coins to more exotic choices like Chinese Gold Panda coins and Mexican Libertad silver coins.
It is simple and easy to open up a brand new account with them or roll over some or all of an existing retirement account without incurring any penalties or taxes; this includes traditional IRAs, Roth IRAs, SEP IRAs, Simple IRAs, TSPs, 401(k)s, 403(b)s, 457(b)s pension plans and tax-sheltered annuities.
This makes opening or transferring into a precious metal IRA effortless and stress-free. The peace of mind that comes with having access to such a wide range of high-quality confirmed assets makes Advantage Gold worth considering for anyone seeking to diversify their estate planning goals.
Advantage Gold Products
Advantage Gold prides itself on its expansive selection of coins composed of precious metals ranging from gold, silver, and platinum to palladium; these coins are eligible to be held in a Precious Metals IRA.
For years the Gold Moose Coins and Silver Moose Coins have been two of the bestsellers, but recently people have started to appreciate the significance of obtaining Canadian coins as well – making them some of Advantage Gold’s most popular products.
Included in their vast varieties are not only U.S. and Royal Canadian Mint coins but also those from many international locations!
With patterns like maple leafs engraved into the currencies and having them certified by NGC or PCGS, customers can rest assured that they’re investing in nothing short of quality coins from credible sources possessing great value for generations to come.
Advantage Gold IRA-Approved Gold Bullion Coins
#1 Readers Choice
Americans are increasingly looking for ways to protect their investments and maintain the value of their savings, which has caused many to explore individual retirement accounts (IRAs).
Investing in physical gold coins is a perfect addition to any IRA portfolio as the Internal Revenue Service (IRS) allows for a wide variety of coins that can be bought, stored, and liquidated within an IRA account with no trouble.
As defined by the Taxpayer Relief Act of 1997, eligible gold coins must not only have a purity greater than or equal to 0.995 but must also be legal tender.
This requirement is designed to guarantee both the quality and quantity of any gold coin purchased; these essential features must be confirmed by reliable government mints like those in the United States or Canada.
Overall, investing in this form of IRAs allows investors to enjoy considerable tax advantages while preserving the long-term value of their asset through gold coins backed by government guarantee.
Advantage Gold Bullion Coins: Moose Gold Bullion Coins, Great-Horned Owl Gold Bullion Coins, Woodland Caribou Bullion Coins, Canadian Wild Horse Bullion Coins, Wolverine Gold Bullion Coins, Bighorn Sheep Gold Bullion Coins, American Gold Eagle Bullion Coins, American Gold Eagle Proof Coins, American Buffalo Coins, American Buffalo Proof Coins, Austrian Gold Philharmonic Coins, Canadian Gold Maple Leaf Coins.
Advantage Gold IRA-Approved Silver Bullion Coins
- Moose Silver Bullion Coins
- Great-Horned Owl Silver Bullion Coins
- Woodland Caribou Silver Bullion Coins
- Canadian Wild Horse Bullion Coins
- Wolverine Silver Bullion Coins
- Bighorn Sheep Silver Bullion Coins
- Canadian Silver Maple Leaf Coins
- American Silver Eagle Proof Coins
- Austrian Silver Philharmonic Coins
- Mexican Libertad Coins
- American Silver Eagle Bullion Coins
Advantage Gold IRA-Approved Platinum Bullion Coins
- Leopard Seal Platinum Coins
- Humpback Whale Platinum Coins
- Emperor Penguin Platinum Coins
- American Platinum Eagle Coins
- American Platinum Eagle Proof Coins
- Canadian Platinum Maple Leaf Coins
Advantage Gold IRA-Approved Palladium Bullion Coins
- Palladium Canadian Maple Leaf
Advantage Gold Precious Metals IRA Accounts
#1 Readers Choice
A Precious Metals IRA offers an attractive way for investors to diversify their retirement savings and investment portfolios. The concept of a Gold IRA or Precious Metals IRA combines the tradition and stability of gold with the incredible tax advantages of an Individual Retirement Account.
You can opt to have physical holdings or paper-traded assets, such as investments in ETFs (Exchange Traded Funds), or either a mix of both in your dividend investment portfolio – allowing you more options to diversify your wealth.
It is important to remember that IRS-approved precious metals, such as gold, silver, platinum, or palladium, are all acceptable forms of bullion that can be held in IRAs.
It is up to you which type of Gold IRA account you decide to invest in – whether it is a traditional IRA that individuals have chosen for years and an index fund that offers a diverse range of holdings based on certain guidelines; Self-Directed CBP 401K/Individual Retirement Accounts with no regular contributions from employers;
A Roth IRA has more flexibility but does not provide the same tax advantages as other types; or a combination of these options for even greater diversity within your retirement portfolio.
Whatever option you decide upon, the ability to protect your financial future by investing in tangible assets like gold can provide peace of mind and help prepare for potential financial crises down the line when the paper currency may not be worth much.
Gold has a proven track record for consistent performance, rising and falling with the stock market. For that reason, it’s understandably the most common precious metal invested into an IRA account and become synonymous with any retirement account consisting of authorized precious metals, resulting in the term “gold IRA” becoming commonplace in the industry.
However, many other types of approved coins, bars, and bullion can be held in an IRA, such as silver, platinum, and palladium.
With a self-directed IRA at Advantage Gold, you have control over your investments and don’t have to rely on banks or brokerage firms to decide how to manage your portfolio. When you open an account with Advantage Gold you unlock new opportunities to diversify your investments while protecting your finances by investing in tangible assets.
How To Open an Account With Advantage Gold
Opening an account with Advantage Gold is a straightforward process that is accompanied by helpful support and educational materials at every step.
If you’re interested in setting up a precious metals IRA with Advantage Gold, you can choose between STRATA Trust Company and Equity Trust as your self-directed IRA custodian.
You can access the sign-up links for these organizations on Advantage Gold’s website, which will direct you to an Adobe Sign page where you can complete the necessary fields.
Alternatively, you can get in touch with Advantage Gold’s support team if you prefer to speak with someone during the Advantage Gold IRA application process. A self-directed IRA custodian will assist you in navigating the process.
Once your IRA is established, you can fund it by transferring, contributing, or rolling over from another retirement account.
If you opt to transfer or rollover, you’ll be adding cash funds to your account that can be utilized to purchase standard bullion coins, bars, or other types of precious metals.
Advantage Gold Storage
Advantage Gold offers storage solutions for precious metals that comply with IRS regulations. It is not permitted to store IRA investments in your personal residence.
To ensure compliance with IRS guidelines, Advantage Gold provides two IRS-approved storage providers: Brinks Global Services and Delaware Depository.
These providers offer advanced vaulting services that come with high-level security measures, insurance, and various storage options. Customers can choose between segregated and non-segregated vaults at prices ranging from $100 to $150 annually.
Advantage Gold Buyback Program
Advantage Gold provides a Buyback Program that stands out among its offerings. If you’re wondering how you can receive your funds upon retirement after opening a gold IRA and buying precious metals, this program can provide a quick, convenient, and beneficial sale process.
While you have the option to withdraw and sell the precious metals on your own, Advantage Gold’s Buyback Program can simplify the process for you. When you’re prepared to sell, Advantage Gold will offer you a fair market value for your precious metals. Additionally, the organization may provide higher offers on certain high-demand coins from time to time.
Advantage Gold Fees
#1 Readers Choice
Investing in a precious metal IRA comes with various fees, including direct investment expenses, portfolio management fees, and storage fees. The fees you’ll pay will depend on the custodian you choose.
Direct investment expenses are charged when you set up your account. STRATA Trust Company and Equity Trust Company charge $50 upon account creation, which is a one-time fee, and you won’t have to pay it again unless you open multiple accounts.
Most custodial services also charge annual fees for account management. For example, STRATA’s account maintenance fee is $95 per year, while Equity Trust Company’s fee varies depending on the amount in your account and typically starts at around $225. To get a more accurate estimate, you should contact a custodial representative.
Transferring over $50,000 from your existing retirement fund to a gold IRA or precious metals IRA comes with a benefit – you won’t have to pay the account maintenance fee for your first year. Furthermore, if you make a minimum deposit of $25,000, you may receive an additional bonus perk.
In addition to account management fees, you must also pay storage fees for your precious metals. Storage fees cover the operating expenses, insurance, and security for your precious metals investment.
You typically have two options when selecting storage: segregated or non-segregated. Segregated storage costs $150 per year, while non-segregated storage costs $100 per year with both STRATA and Equity.
In summary, investing in a precious metal IRA comes with various fees, and it’s essential to understand them before making any investments. Be sure to research the custodian you’re considering and speak with a representative to get a better idea of the fees you can expect to pay.
Pros and Cons of Advantage Gold
Pros
- A+ rating with Better Business Bureau (BBB)
- Wide variety of gold, silver, platinum, and palladium coins available for IRA investment.
- Experienced and knowledgeable staff
- Precious metals IRA rollover and transfer services available
- IRA-approved coins backed by government guarantees
Cons
- High fees compared to some competitors
- No storage option for precious metals outside of Delaware depository
- Minimum investment requirement of $25,000
- Limited customization options for investment portfolios
Is It Safe to Invest in Advantage Gold?
Advantage Gold reviews fill the internet with resounding praise from customers who have had pleasant experiences with secure storage and insured investments. Advantage Gold offers a wide range of secure storage facilities for precious metals that are fully insured, allowing clients to rest assured that their investments are safe and protected.
That being said, if you choose to have your gold bullion and/or platinum coins directly delivered to your home, you will need to purchase a separate policy or assume any potential risks incurred while it is in your possession.
It should be noted that Advantage Gold does not guarantee appreciation for previous investments but does abide by fair market value when you decide to sell off some of these metals. This guarantees that sellers receive reasonable compensation for their investment, safeguarding them from unsuspected losses. As such, it’s no wonder there are so many glowing Advantage Gold reviews out there testifying its merits!
Customer Reviews About Advantage Gold
Advantage Gold is a highly reputable company that has received positive reviews and rankings from well-known organizations. With an AAA rating from the Business Consumer Alliance and accreditation with an A+ rating from the Better Business Bureau, Advantage Gold has an excellent track record and has not received any filed complaints since 2014.
Additionally, the company has received impressive scores from customer reviews on various platforms, including the BBB website, TrustLink website, Trustpilot website, and Facebook reviews.
Advantage Gold is also a verified American Numismatic Association member and a U.S. Mint-listed dealer, further demonstrating its credibility.
With reliable support channels and partnerships with industry-leading organizations, investing with Advantage Gold can provide a secure and satisfying experience. If you have any inquiries or concerns, an Advantage Gold account representative will be available to assist you.
“Advantage Gold was a great experience. Marc was extremely knowledgeable and took the time to educate me about buying precious metals and the whole process. He made it easy to understand and I look forward to working with Advantage Gold again in the future.”
Robert Jodrey
5 Stars Rating on Trustpilot
“Happy to say that my experience with AG and Mr . Boz was fantastic! Shaun was very professional and really guided me and explained what would be the best fit for my future goals . I had a great experience with them, highly recommendable.”
Pete D.
5 Stars Rating on TrustLink
“Excellent customer service, they provided educational videos, talked with me multiple times about the various products, and they explained everything thoroughly.”
Gary K
5 Stars Rating on Better Business Bureau (BBB)
The post Advantage Gold Reviews 2023 Update On Fees, BBB & Scam Risk appeared first on preciousmetalsadvice.com.
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