- 24 Feb 2023
- Bonds
- Precious Metals
- Comments: 0
The Patriot Gold Group is a precious metals and gold investment company based in Los Angeles. They specialize in providing investors access to historically-proven safe havens for wealth preservation and portfolio diversification, such as gold coins and bars.
Founded over 30 years ago, the company has become an industry leader in helping individuals and businesses secure their financial futures. This is done through carefully crafted portfolios of investments tailored to meet each customer's needs and goals.
Over the years, they have grown and evolved to become one of the most trusted names in gold investing. To provide consumers with the best assortment of products, they offer a comprehensive range of bullion coins and bars from leading companies.
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They offer a Professional Coin Grading Service, which can help determine a coin's worth. They are also affiliated with the Numismatic Guaranty Corporation, which certifies coins to ensure that clients receive high-quality items.
The company is dedicated to providing customers with exceptional service and expertise. It offers customers a team of knowledgeable and experienced representatives dedicated to helping each investor make the best decision regarding protecting their financial portfolio.
Each representative is educated in the art of gold investing and has a deep understanding of the markets, strategies, and opportunities. This ensures that customers get the best advice on investing in gold and make sure they make informed decisions about their portfolios.
What's even better? The company offers the ultimate convenience with our telephonic conversation transactions.
Their friendly and knowledgeable representatives are on standby to answer your questions and take your orders the minute it's most convenient for you. All you have to do is call them up, and within minutes, they can deliver all the essential information you need to make an informed decision.
Additionally, Patriot Gold Group provides a full array of investment services, including storage options, appraisals, IRA transfers, and portfolio diversification. These services are designed to help customers maximize their gold investment portfolio and protect their financial future.
What Does Patriot Gold Group Offer?
Precious Metals IRA
A precious metals IRA is an individual retirement account that includes actual metal investments. These investments are made with coins and bars made of gold, silver, and platinum that are kept in safe third-party vaults. The firm specializes in precious metals IRA investments.
Many opt to invest in a precious metals IRA to diversify their portfolio by purchasing assets that aren't associated with stocks or bonds.
The tax benefits of investing in a precious metals IRA are enormous. Physical gold and other precious metals held in an IRA are not taxable, so any profits generated by the investments can be put towards retirement without extra taxes.
This type of retirement account also helps create a hedge against inflation while potentially providing short-term gains. With a little research regarding valuation techniques, one can learn how to maximize these gains over time.
Patriot Gold Group makes it easy to start investing in a precious metals IRA. They provide expert advice and assistance throughout the process, from helping you decide which metals fit your needs best to setting up your account and even helping you pick out coins or bars.
Silver and Gold Products
Patriot Gold Group offers a precious metals acquisition service that enables investors to purchase and store physical gold and silver.
Silver and gold products come in many forms, from coins to bars to rounds. Coins are typically minted by governments or private mints, while private mints usually issue bars and rounds. These items vary in size, weight, fineness, and design.
The process begins with choosing which metals you'd like to purchase. Their gold catalog includes gold bullion coins such as the American Eagle, Canadian Maple Leaf, South African Krugerrand, Mexican Libertad, and Austrian Philharmonic.
Silver coins include the American Eagle, Canadian Maple Leaf, and Mexican Libertad.
Once you have chosen the items you would like, the company will then coordinate the purchase and delivery of your selection. They can also provide advice on which metals will best suit your needs and goals.
How to Start an IRA
Starting an IRA with Patriot Gold Group is a straightforward process that can help you save for retirement. Here's how to get started:
First, you'll need to decide on the type of account you'd like to open. The company offers Traditional IRAs, Roth IRAs, SEP IRAs, and SIMPLE IRAs.
A traditional IRA allows you to contribute pre-tax funds and then withdraw them tax-free. A Roth IRA is funded with after-tax money, so taxes are paid upfront, and the distributions are not taxed when withdrawn.
SEP IRAs are special retirement accounts that allow employers to make contributions on behalf of their employees. Similarly, SIMPLE IRAs offer an easy way for small businesses to offer their employees tax-deferred retirement savings.
The IRS places certain limits on the total amount that can be contributed to an IRA each year. For 2023, individuals can contribute up to $6,500 per year in Traditional/Roth IRAs or up to $7,500 if they're age 50 or older. Employers can contribute up to 25% of employee wages (up to $58,000).
Once you've decided on the type of account you'd like to open, it's time to complete the application process. You'll be asked questions about yourself, such as your name, address, and Social Security number so that the group can verify your identity.
Once you've completed the application, it's time to fund your account. You'll need to decide if you want to contribute regularly or make a one-time contribution. Patriot Gold Group allows you to make contributions via check or electronic transfer from a bank account.
If you already have a self-directed IRA, you can move assets from it to your new Patriot Gold Group IRA. You can call the Patriot Group's call center to schedule this transfer, and a representative will assist you through the process and have you electronically sign the necessary paperwork.
After that, accounts are opened within 48 hours.
Once your funds have been received, and your account has been funded, you're ready to start investing. The company provides a range of investment choices, including gold and silver coins, ETFs, and mutual funds.
Where do your investments go after selecting the type of account and submitting your application to Patriot Gold Group?
All investments are stored in a secure depository facility, insured, and protected from theft or damage. You can access your investments anytime through the company portal or by calling the customer service team.
Ultimately, it's essential to review your account regularly and ensure you are on track with your retirement savings goals. Patriot Gold Group offers a variety of tools to help you manage and monitor your investments to ensure you're on track.
Storage
The gold storage options offered by Patriot Gold Group are secure and reliable.
Whether you choose to store your precious metals with a third-party custodian or prefer the convenience of your in-house storage solutions, the company has the right option for you.
With established partnerships with STRATA Trust and Equity Institutional, who have decades of experience providing safe and secure vaults for precious metals storage, you can rest assured that your investments are secure.
When selecting a storage plan from Patriot Gold Group, there are two main options: allocated or unallocated.
Allocated storage means that each ounce is separately identified as belonging to individual accounts and will be stored in an insured vault. In contrast, unallocated storage is less secure but provides more flexibility, allowing customers to buy and sell gold without having to transact with a third party.
All Patriot Gold Group storage plans come with an insurance policy that protects your investments in the case of theft or other incidents.
Additionally, IRS laws typically prohibit IRA investors from holding precious metals in their self-directed IRA at home. However, Patriot Gold Group offers a sophisticated mechanism that permits clients to keep metals in an IRA at home without breaking IRS laws.
Patriot Gold Group Costs
The company offers Investor Direct Pricing - meaning there's no added fee to your purchase. To make things even better, the company waives the first one to three years' storage fees and covers the $260 first-year rollover fee.
It gets even more impressive with their No Fee for Life IRA, which requires a minimum of $250,000 in your account before it kicks in. And if you invest $30,000 or more at once, they'll even waive the initial setup fee of $225.
Annual storage and insurance fees for custodial accounts can vary depending on your account's balance or transfer amount. Other custodial costs typically range from 5 to 250 dollars for activities such as receiving distributions from your IRA, terminating an account, or processing documents.
Also, when dealing with the per-transaction fees, they will differ according to the individual custodian – Strata's is $40 plus shipping cost, while Equity Institutional charges $180.
Ratings and Reviews
Patriot Gold Group's customer ratings are incredibly impressive, with many online reviews left by satisfied customers.
Halt Gold Group, the parent company of Patriot Gold Group, has a BBB rating is A+, which gives you an idea of how reliable the company is. Also, ConsumerAffairs has awarded them a highly coveted 5-star rating with just a few minor negative reviews out of 128, which speaks volumes.
Customers' Facebook and Google reviews are also excellent, highlighting the representatives' patience when helping customers understand the details. TrustPilot gives the company an excellent 4.7-star rating based on 32 customer reviews.
Its customers' tremendous satisfaction is a testament to Patriot Gold Group's commitment to delivering quality service.
Conclusion
Patriot Gold Group provides excellent services and quality products that can help you protect your wealth in turbulent times. The company is highly reputable, and the customer service team is accommodating and knowledgeable. With so many different options available, there's sure to be a product or service that meets your needs.
So why not get started today and take advantage of all that Patriot Gold Group offers? Visit their website and learn how to invest in gold and work towards a secure financial future.
If you are looking to invest, don't forget to checkout our highest recommended companies!
>> Click Here To See Our Top 5 Recommended Precious Metals Investment Companies <<
Currently our #1 recommendation is offering up to $10,000 in free silver!
