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Patriot Gold Group Gold IRAs Review


ConsumersAdvocate.org Rating: 4 / 5 (Very good)
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Founded in 2016, Patriot Gold Group offers customers a wide range of ways to invest in precious metals. The company sells both IRA-eligible gold and silver in coin and bullion form. Investors can open a rollover precious metals IRA using funds from a 401K or existing IRA by purchasing metals and storing them in the company's IRA-approved facility. Patriot Gold Group ranks highly with multiple consumer advocacy groups and is located in Los Angeles, California.

Patriot Gold Group offers customers the opportunity to invest in gold and silver in various forms. Some of these are IRA-eligible but the company also has products that will appeal to collectors, including proof coins and private coins that have historic value.

If you want to open a precious metals IRA, the company can store your metals for you in their own IRA-approved facilities. Or you can elect to have your metals delivered to an IRA-approved facility of your own choosing. It's important to remember that precious metals must meet two criteria for you to reap the benefits of IRA savings: you have to buy the right metal and store it in the right place. Patriot Gold Group can help you do both. 

Patriot Gold Group is accredited by the Better Business Bureau with an A+ rating. Customers on Trustpilot award the company 4.6 out of 5 stars. Customers who have reviewed the company express a great deal of trust in the Patriot Gold Group staff who have advised them and praise both their expertise and the ease of opening an account with the company.

Patriot Gold Group charges a $225 one-time setup fee for new Precious Metals IRAs, however the company waives this fee for investments over $30,000. Depending on how much you invest, Patriot Gold Group may waive one to three years storage of fees and reimburse its standard $260 first-year rollover fee. Account holders who deposit $250,000 or more can participate in the company's No Fee for Life IRA.

Patriot Gold Group requires a $15,000 minimum investment when opening an IRA so it may not be the best choice for customers who have just begun to save for retirement or want to invest a small amount in precious metals to diversify their retirement portfolios. 

Patriot Gold Group offers a quick, easy process for purchasing precious metals and opening either a new or rollover IRA account. The company's website features a real-time precious metal pricing feed to help customers compare the costs of gold, silver, palladium, and platinum and decide when might be the best time to invest. The site offers a series of charts customers can use to understand how precious metal have performed (gained or lost value) over time, which includes short-term, long-term, and year-to-date figures. It also provides a Required Minimum Distribution (RMD) calculator that allows customers to estimate how much they may need to withdraw annually from their accounts to comply with IRS regulations. Customers can use the calculator to investigate various scenarios based on their age and IRA balances. 

Patriot Gold currently offers a promotional opportunity for investors. Depending on how much you purchase through the company, you may be eligible to receive up to $2500 worth of precious metal coins. This type of promotional offer isn't unusual in the industry but may provide an added incentive to partner with Patriot Gold Group.

Customers interested in doing business with Patriot Gold Group can contact the company via email, phone, or a chat window, however the chat feature isn't live. Rather it's a convenient way to submit questions for later response. We appreciated the company's privacy policy, under which Patriot Gold Group commits to not selling your personal information. Some companies don't make that promise and customers who submit their information may be subject to a lot of unwanted and unrelated emails and phone calls.

 

 


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Customer Comments & Reviews

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fatmanchew
8/8/2021
Trying to see there site and keep getting put to some sponsor site



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