Advantage Gold Review

It can often seem that each day is more uncertain than the next. You don't know what is going to happen with the economy or the stock market. Whether you're getting closes to retiring or just like to plan ahead and make sure you're prepared for the future, this can be very unsettling.

If all of your money is invested in the stock market, it could be absolutely devastating for your financial outlook if the market crashed right when you were ready to retire. Investing some of your money in gold, silver, or other precious metals can place you in a much better position; even if the stock market were to crash, you'd still have access to other funds.

Advantage Gold is a well-established and trusted gold investment company. They specialize in helping customers set up or rollover Precious Metals IRAs (also known as Gold IRAs).

If you've been wondering if now is the right time to start diversifying your investments by adding precious metals to your portfolio or you're just curious to learn more about how Gold IRAs work, you've come to the right place. Read through our thorough review of Advantage Gold to find the answers to your questions and decide if you're ready to start investing with this company.

Why You Should Consider Investing in Gold and Other Precious Metals

Gold is a very valuable asset to own. When you invest in gold, you are taking steps towards securing your future financial security.

Financial experts recommend diversifying your portfolio. This means, splitting up your money so that all of your funds are not invested in the same thing. Taking some of your investments out of the stock market and investing in gold instead will help you meet this goal of portfolio diversification.

Advantage Gold

The reason experts recommend having a diverse investment portfolio is because it is more secure. If one of your investments tanks, you haven't lost all of your money, since you have funds in other places as well.

Gold is in high demand and can be liquidated with ease. When you retire, you should have no trouble selling your gold to receive a cash payout when you need it.

All signs point to gold remaining a highly sought-after commodity. For thousands of years, it has been a desirable investment. It has remained extremely valuable and popular, and there are no signs that indicate that any of this will be changing.

Advantage Gold

Silver, too, is also a very valuable and profitable investment. Silver is regularly used for jewelry, but new applications are being discovered for it every day, including being used for new technological advances.

Another reason that gold is seen as a good investment is that it retains its value, even as the value of the US dollar continues to slip. Over the years, the US dollar has lost value, making the money in your bank account and investment accounts less powerful than when it was initially invested. Gold, on the other hand is able to retain, or even increase, its value in the face of the declining US dollar.

What is a Gold IRA?

Advantage Gold

A Precious Metals IRA, commonly referred to as a Gold IRA, is one of the best ways to secure your financial future for your retirement years. When you invest in gold and other precious metals through a Gold IRA, you won't need to worry about paying tax on your investments, as long as you wait until you are at least 59.5 years old to start withdrawing funds from your account.

Gold IRAs are one type of self-directed IRA that allows you to have a say in what you include in your investment portfolio. With many IRAs and 401(k)s, you often don't get to choose the stocks or bonds you invest in.

You can choose to set up a new self-directed Gold IRA through Advantage Gold, or you may be able to rollover or transfer your existing IRA or retirement account into a Gold IRA. We'll go over a bit more about how of these work in the following section.

Select gold, silver, palladium, and platinum coins and bars can be added to your Gold IRA. The IRS has created strict guidelines regarding the purity each type of metal must be in order to be included in a Gold IRA. Advantage Gold can work with you to select IRS-approved precious metals to add to your Gold IRA.

Setting up a Gold IRA

If you're ready to open up a new Gold IRA account or to rollover an existing retirement account, Advantage Gold has a team of precious metals advisors that can help you understand and complete all of the necessary steps. The precious metals advisors are experienced and knowledgeable in rolling over different types of retirement accounts and will be able to provide you with all the necessary guidance you'll need to ensure a smooth transition between plans.

Advantage Gold

Setting up a new Gold IRA with Advantage Gold is simple. They have streamlined the process and made it very straightforward. Plus, as we shared above, the precious metals advisors are only a phone call away if you need any assistance or guidance with completing the process.

The first thing you'll need to do to open a new Gold IRA is complete the application. Advantage Gold offers both paper and online applications, so you can choose the format you are most comfortable with. To set up your account, you'll need a driver's license or government-issued photo ID.

Once your account is set up, you will need to indicate the method you will be using to fund your new Gold IRA. The funding source could be a direct transfer from an IRA managed by another custodian, a rollover from your existing IRA, a rollover from your 401(k) or a qualified retirement plan from your employer, or an annual contribution amount to your new Gold IRA.

Once your account is set up and authorized, you'll be able to select the gold, silver, platinum, or palladium coins or bars that you'd like to add to your account.

IRA-Approved Coins

If you would like to set up a Gold IRA, one of the necessary steps will be selecting the coins or bars you would like to include in your account. Many of the gold, silver, platinum, or palladium bars don't meet the high purity standards outlined by the IRS in order to be included in a Gold IRA. Here are the requirements for the different types of precious metals:

  • Gold: At least 99.5% pure gold
  • Silver: At least 99.9% pure silver
  • Palladium: At least 99.95% pure palladium
  • Platinum: At least 99.95% pure platinum
Gold

Gold

Silver

Silver

Palladium

Palladium

Platinum

Platinum

When you visit Advantage Gold's website, you will easily be able to find the various coins that are approved for Gold-IRAs that you can add to your account. When you click on "Precious Metals" along the top navigation bar, you'll be taken to the pages that display the different approved coins. The coins are sorted by precious metal type, and you can easily change the coin type you're looking at by clicking on the corresponding heading (Gold Coins, Silver Coins, Platinum Coins, and Palladium Coins) at the top of the page.

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Gold Coins

Here are the different gold coins that can be added to a Gold IRA:

  • Woodland Caribou Gold Bullion Coins
  • Canadian Wild Horse Gold Bullion Coins
  • Wolverine Gold Bullion Coins
  • Bighorn Sheep Gold Bullion Coins
  • American Gold Eagle Bullion Coins
  • American Gold Eagle Proof Coins
  • Canadian $10 Gold Polar Bear and Cub Coins
  • Gold American Buffalo Coins
  • Gold American Buffalo Proof Coins
  • Austrian Gold Philharmonic Coins
  • Canadian Gold Maple Leaf Coins
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Silver Coins

Below are the different silver options you can add to your Gold IRA:

  • Woodland Caribou Silver Bullion Coins
  • Canadian Wild Horse Silver Bullion Coins
  • Wolverine Silver Bullion Coins
  • Bighorn Sheep Silver Bullion Coins
  • Canadian Silver Maple Leaf Coins
  • 2015 Canadian Silver $8 Polar Bear and Cub Coins
  • American Silver Eagle Proof Coins
  • Austrian Silver Philharmonic Coins
  • Mexican Libertad Coins
  • American Silver Eagle Bullion Coins
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Platinum Coins

These are the platinum coins that are approved for addition to a platinum IRA:

  • 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

Palladium Coins

Here are the palladium coins you can add to a Gold IRA:

  • Canadian Palladium Maple Leaf Coins

Will My Current Retirement Account Qualify for a Gold IRA?

If you're looking to rollover a current retirement account into your new Gold IRA, you're likely curious if the plan type you have is eligible for a rollover. While not all retirement plans can be rolled over into a Gold Ira, many can. Below is a list of the different plan types that may qualify for a rollover:

  • Traditional IRA: Based on your income level, you are allowed to contribute between $5,500 and $6,500 each year to your account. The contributions made to this type of account are tax-deductible and you will be taxed when you remove funds from your account. While you are able to access your funds at anytime with this type of account, a federal penalty will be applied if you make withdrawals before you are 59.5 years old.
  • Roth IRA: Money contributed to a Roth IRA is taxed before it is invested. This means that when you make withdrawals from your account, you will not have to pay taxes on it. Depending on your income and other factors, you can contribute between $5,500 and $6,500 each year. If you need to withdraw money from your account before you are 59.5 and while your account has been vested for less than 5 years, you will be charged a penalty.
  • Simplified Employee Pension (SEP): SEP IRAs are set up by employers or self-employed individuals. This IRA type allows annual contributions of as much as 25% of your income (up to $55,000 each year). The contributions made to a SEP are tax-deductible.
  • Savings Incentive Match Plan for Employees of Small Employers (SIMPLE): This is another retirement plan option that can be set up by someone who is self-employed or an employer for his/her employees. Contributions made to this type of accounts are tax-deductible. As long as the account has been established for two or more years, it can be transferred to a Traditional IRA or SIMPLE IRA.
  • 401(k): 401(k)s are retirement plans sponsored by the employer of a for profit company. Unless you have reached the age of 59.5 or are no longer working for the employer that set up your 401(k), you won't be able to roll over this type of account to a Gold IRA.
  • 403(b): Like 401(k)s, 403(b)s can only be rolled over if you have at least 59.5 years old or are no longer working for the employer that set up the plan. The difference between a 403(b) and a 401(k) is that 403(b)s are sponsored by employers of non-profit companies.
  • 457(b): 457(b)s allow for you to make pre-tax salary deferrals. These are tax exempt savings plans. Unlike many other retirement plan types, you can make withdrawals from a 457(b) before you are 59.5 without being required to pay any penalty.
  • Tax-Sheltered Annuity (TSA): A Tax-Sheltered Annuity involves making contributions to your retirement plan from your income. You will not pay taxes on your contributions until you begin withdrawing money from your account. Employers may also decide to contribute addition funds to their employee's Tax-Sheltered Annuity plans.
  • Thrift Savings Plan: Thrift Savings Plans are a retirement plan created for employees of the Federal Government. If you would like to rollover the funds from a Thrift Savings Plan, you can no longer be employed by the Federal Government or you must be at least 59.5 years old.

Precious Metals Storage

In nearly all cases, the IRS does not allow you to store your gold, silver, or other precious metals for a Gold IRA in your home. Instead, the precious metals must be stored in an IRS-approved facility. Advantage Gold's precious metals are kept secure in the Delaware Depository, one of these IRS-approved facilities.

Advantage Gold

Knowing your gold, silver, platinum, and palladium are stored in the Delaware Depository should help you feel extremely confident about the safety and security of your precious metals. The Delaware Depository spares no expense in ensuring that the precious metals in their possession are safe and protected.

Below are some of the security measures they have put in place to keep your investments secure.

  • The building in the Delaware Depository are fortified and offer high levels of security while also being very discreet.
  • Each building is owned outright, not leased. This removes the possibility of financial pressure due to mortgages or other loans.
  • Entrance to the buildings is restricted. There is are controlled procedures for being able to enter and access any of the storage areas.
  • All the doors are heavy-duty, reinforced, and bullet-proof.
  • The walls in the buildings are a 21-inch thick concrete walls reinforced with steel.
  • The storage vaults in the facilities are extremely secure and high-tech. They are class-3 vaults that are produced in compliance with UL standards and the bank protection act. Each vault has both time locks and automatic locks.
  • To monitor the movement of staff and visitors throughout the depository, there are numerous metal detectors. Each metal detector includes a saved profile for each individual and will compare the profile of each person who passes through with past profiles. If there are any inconsistencies detected, they will be denied access and searched more thoroughly.
  • The Delaware Depository is monitored 24/7/365. Digital recordings are made and saved for all activity in the depository.
  • Backups of computer data and security recordings and saved and stored both on-site and off-site.
  • The site features a redundant alarm/security system which detects motion, sounds, and vibrations.
  • Internal audits are regularly conducted on the inventory of the depository.
  • All employees receive regular criminal background checks, credit checks, and random drug tests.
  • The facility is insured with $1 billion in all-risk precious metals insurance that is underwritten by Lloyds of London.

Knowing all the safety and security measures that are put into the place by the Delaware Depository, you should have no second thoughts about whether your gold, silver, platinum, or palladium will remain safe and secure.

Advantage Gold's Buy Back Policy

Advantage Gold will buy back any of the precious metals you bought from them whenever you are ready to sell them. You'll be paid the fair market value for the coins and bars you are looking to sell.

If you decide to liquidate your account with Advantage Gold or are ready to sell your gold or other precious metals to make withdrawals from retirement, you can request a form from Advantage Gold that will lock in the buy-back price. Once you complete and return the form, Advantage gold can transfer the specific coins or bars you would like to sell out of your vault into a separate vault.

After this transfer is complete, they will wire you the funds from your account. In most cases, the whole buy-back process should take no longer than 24 hours.

If you've reach at least 59.5 years and are ready to begin taking distributions from your account, you can also choose to receive the physical coins, instead of liquidating them.

Free Gold IRA Guide

To help you learn more about how Gold IRAs work, the different precious metals you can add to a Gold IRA, how to rollover a retirement account, and more about the process of setting one up, Advantage Gold has created a free Gold IRA Guide. They generously offer this guide for free download through their website.

Advantage Gold

To receive the free download, you'll simply need to enter your name, email address, and phone number. Then, just click on whether you are interested in learning more about purchasing precious metals or adding precious metals to an IRA of 401(k).

Free Retirement Resources

In addition to the free Gold IRA guide, Advantage Gold also offers a variety of resources aimed at educating and informing their clients about retirement. These resources include:

  • Information about what an IRA is, how they work, making withdrawals from an IRA, the asset types that can be included in an IRA, and the different ways you can fund an IRA
  • Charts and Graphs highlighting information about gold and its performance. The includes charts on market volatility, the performance of gold compared to the national debt, the global demand for gold, the decline of the US dollar, inflation, and more.
  • A survey to help you determine if your current retirement plan qualifies for investing in gold and other precious metals.
  • The Gold Investment Infographic to help you learn more about the different options for investing in gold, including purchasing physical gold, gold stocks, and Exchange-Traded Funds (ETFs).
  • The fees you may be paying for your current 401(k) plan without even realizing it.

Advantage Gold is also now offering their account holders a free copy of the book, "The New Case for Gold" by James Rickards, a New York Times Best-Selling Author. The book is designed to educate readers about making choices to protect themselves from market volatility, protecting funds against inflation risks, and why it is important to have a diversified portfolio.

Why Choose Advantage Gold?

While there are many gold investment companies to choose from, you'll be pleased with your decision to work with Advantage Gold. They are the industry leader in completing Gold IRA rollovers and have an experienced team who is always available to help walk you through the process of converting eligible retirement accounts.

Advantage Gold

When you read through a few reviews from other customers of Advantage Gold, you will be able to easily see the care, support, and personalized attention each person is given who chooses to work with Advantage Gold. Their teammates are dedicated to delivering top-notch customer service and helping investors feel comfortable, confident, and informed about their decision to invest in precious metals.

Advantage Gold earned the TrustLink award for being the most trusted Gold IRA company for three years in a row. They are an A+ rated and accredited business with the Better Business Bureau and are also accredited by Consumer Affairs. Additionally, Advantage Gold holds memberships with the Industry Council for Tangible Assets (ICTA), the American Numismatic Association, the Business-Consumer Alliance, and a variety of other organizations.

Features

  • Investing in gold with Advantage Gold can help diversify your portfolio and protect you against future stock market crashes.
  • Gold is a good investment since it is highly sought-after, retains its value, outperforms the US dollar, and often outperforms the stock market.
  • Setting up a new Gold IRA or rolling over your existing Gold IRA with Advantage Gold can help set you up for future financial security by adding precious metals, like gold, silver, platinum, and palladium, to your investment portfolio.
  • Advantage Gold has an extremely knowledgeable and helpful team of precious metals advisors who will walk you through all of the necessary steps you will need to take to get a new Gold IRA set up and funded.
  • They have a large selection of gold, silver, platinum, and palladium coins that have been approved by the IRS to add to a Precious Metals IRA.
  • You can find information on the website, or by talking to a precious metals advisor, about which types of retirement plans may be eligible to use for a Gold IRA.
  • The precious metals you purchase for your Gold IRA are stored in the Delaware Depository, an IRS-approved storage facility. The Delaware Depository implements extreme safety and security measures to ensure the precious metals stored there are completely protected.
  • You can receive a free Gold IRA Guide by entering your name and email address on the website. The guide includes additional information about what Gold IRAs work, how to set one up, the different coins and bars that can be added to a Gold IRA, and the process for rolling over an existing retirement plan into a Gold IRA.
  • Advantage Gold's website also includes helpful information for individuals planning for their retirement. This information includes charts and graphs about the performance of gold, a survey you can take to see if your current retirement plan can be rolled over into a Precious Metals IRA, and the different options you can consider if you're thinking about investing in Gold.
  • Advantage Gold is the industry leader in completing IRA rollovers.
  • They deliver excellent customer service and have many happy investors.
  • Advantage Gold is accredited by the Better Business Bureau and Consumer Affairs. They have an A+ rating from the Better Business Bureau.

Pros

  • Advantage Gold offers more options than some other gold investment companies if you would like to add platinum or palladium coins to your Gold IRA.
  • Gold, silver, platinum, and palladium coins and bars for Precious Metals are stored in the highly secure and protected Delaware Depository.
  • If you need assistance with setting up your account or selecting precious metals to add to your Gold IRA, one of the precious metals advisors will be able to answer any questions you have.

Cons

  • You will be charged a $75 account fee each year.

Final Thoughts

If you would like to diversify your portfolio and protect your financial future, investing in precious metals with a Gold IRA through Advantage Gold is the way to go. Advantage Gold is a well-trusted business who can help you set up your IRA and select the right gold, silver, platinum, or palladium coins you'd like to invest in. They offer a wide selection of IRS-approved coins and will set up storage for your account in the highly-protected and secure Delaware Depository.

When you invest in gold and other precious metals with Advantage Gold, you can feel confident that you are taking steps to protect your financial future and make sure you are prepared for your retirement years. Why put your financial future at risk any longer? Contact Advantage Gold today to set up your new Gold IRA!