Patriot gold is a precious metals dealer that helps investors open precious metals IRAs and store their assets. It offers no fees for life on qualifying IRAs and can set up retirement accounts in a day.
Precious metals IRAs are a great way to diversify your retirement savings while gaining the benefits of a self-directed IRA. However, it’s important to choose a company that will provide quality customer service and support you through the process.
Self-directed IRAs
Self-directed IRAs give you complete control over your retirement funds. They allow you to invest in a variety of alternative assets.
These assets include real estate, privately held company shares and precious metals like gold and silver. They are a good way to diversify your portfolio and help you achieve long-term financial independence.
Some people like these alternative investments because they have high returns and are less risky than stocks or bonds. However, a person must be savvy about these markets to make the best decision.
Despite this, there are risks associated with self-directed IRAs. One is that you may lose the tax-deferred benefits of your account if you break IRS rules.
The other major risk is that you may not receive the advice you need from your custodian or administrator. For example, if you request funds to buy equity in a theme park without liability insurance, your custodian is not required to tell you that’s a bad idea.
Contact support
Patriot Gold Group offers a number of customer support options, including online chat and phone support. Customers can also request a free gold and silver IRA investment guide to learn more about the company’s products.
They also offer a no-fees-for-life option on qualifying IRAs, which can be helpful for larger investors. In addition, PGG’s account set-up process is quick and simple.
There’s also a minimum deposit of $15,000, which can be higher than other companies. This isn’t a problem for some investors, but it might be a barrier for others.
Patriot Gold Group’s account set-up process is one of the quickest we’ve seen. It takes just a day, and the paperwork is easy to understand. It also has a friendly and knowledgeable staff that can answer your questions and help you make the most of your precious metals IRA.
Storage options
If you’re looking to store your gold, Patriot Gold Group offers secure storage in a number of high-tech facilities. These locations have 24/7 security, high insurance coverage limits and other features to ensure your assets stay safe.
One thing that sets Patriot Gold Group apart from the competition is the fact that their representatives are experts in their field. These gold gurus can help you with your investment decisions by answering your questions and helping you choose the right precious metals products for your needs.
They also have a slick website and an easy to use customer portal. These resources are complemented by helpful articles and tips for investing in gold. Using these tools will enable you to make an informed decision and feel confident in your next purchase. The company has a stellar reputation with a solid five-star rating on ConsumerAffairs, an A+ rating with the Better Business Bureau and several accolades from other organizations.
Fees
If you’re looking for a reputable precious metals dealer, Patriot Gold Group is an excellent choice. They offer an extensive variety of gold and silver coins, including IRS-approved coins.
The company also offers precious metals IRAs, which allow investors to diversify their savings and take advantage of tax benefits. It works with customers’ IRA custodians and storage facilities to facilitate transactions.
The company charges a one-time $225 setup fee for new precious metals IRA accounts, but it waives this fee for investments over $30,000. It also waives the first one to three years of storage fees and reimburses the $260 first-year rollover fee.