Investing in a Gold Individual Retirement Account (IRA) is a great way to protect your assets against inflation and financial uncertainty. With a Gold IRA, you can diversify your portfolio and gain access to a valuable commodity.
This article will look at American Hartford Gold, thoroughly reviewing their services. We will cover their costs and fees, customer service, and the overall quality of their gold IRA.
Company Overview
American Hartford Gold is an online gold and silver trading platform that provides investors with an easy and secure way to purchase and store precious metals. Founded in 2015, the company offers various precious metals products and an IRA storage program.
American Hartford Gold has become a leading provider of physical gold and silver bullion products. As one of the most trusted names in the industry, the company strives to make it easy to purchase and store precious metals.
At American Hartford Gold, customers can purchase gold and silver bullion coins, bars, and rounds from the world’s most trusted mints. The company also offers a variety of other products, such as pre-1933 U.S. gold coins and collectibles.
Moreover, American Hartford Gold provides an IRA storage program for investors who wish to purchase and store their precious metals in a tax-free account.
They take pride in their commitment to service and safety. All orders are shipped fully insured with delivery tracking, and customers can contact their knowledgeable customer service team for any questions or assistance.
Why Should you Try American Hartford Gold?
Are you looking for a reliable precious metals dealer to help you diversify your portfolio or set up a Gold IRA? American Hartford Gold group is a great choice for those looking for a precious metals dealer with decades of experience and knowledge.
Here are the top 3 reasons why American Hartford Gold Group is a great choice:
1. High-Quality Products: American Hartford Gold Group only offers the highest quality of gold, silver, and other precious metals. They source their products from reputable suppliers using the industry’s best standards. As a result, you can rest assured that you are getting a product that is reliable and of the highest quality.
2. Wide Selection: American Hartford Gold Group offers a wide selection of products. Whether you are looking for coins, bars, or rounds, you can find them here. Their selection includes all popular metals, such as gold, silver, platinum, and palladium.
3. Secure Storage: American Hartford Gold Group also offers secure storage solutions for those who want to store their precious metals. Their storage facility is in a secure, climate-controlled environment and fully insured.
American Hartford Features
Opening an American Hartford Gold IRA can be straightforward, as the company makes it easy to open an account. Additionally, the account minimums are relatively low, which can make it accessible to a wide range of investors.
Another advantage is that American Hartford waives the setup fees for new accounts, which can save investors some upfront costs. However, one potential drawback is that the annual fees for an American Hartford Gold IRA may be higher than those of some other providers.
Additionally, some investors may find that the pricing transparency for gold purchases through American Hartford needs to be improved, which makes it more difficult to determine the exact cost of acquiring and holding gold through the company.
American Hartford Gold IRAs
Source: American Hartford Website
American Hartford is a company that sells precious metals such as gold, silver, platinum, and palladium. In addition to selling these metals, they also offer Gold Individual Retirement Accounts (IRAs), which allow investors to hold physical gold as part of their retirement portfolio.
These Gold IRAs can provide diversification and serve as a hedge against economic uncertainty. Overall, American Hartford’s main services revolve around providing investors access to precious metals and the option to invest in gold through a retirement account.
To open a Gold Individual Retirement Account (IRA) with American Hartford Gold requires a minimum investment of $5,000. This is relatively low compared to other options in the market. You can take advantage of the tax benefits associated with IRAs with a Gold IRA from American Hartford Gold.
IRA Rollover
If you already have an IRA with another company and want to transfer it to American Hartford Gold, you have two options. The first is the 60-day rollover, which allows you to move your funds from one IRA to another within a 60-day window without incurring any taxes.
Alternatively, you can use the trustee-to-trustee option, which involves transferring the funds directly from one IRA trustee to another, again without penalties. Both options allow you to move your existing IRA to American Hartford Gold with minimal disruption or additional costs.
Buyback Program
American Hartford Gold provides a buyback program for its precious metal products at no cost to investors, allowing them to sell their metals back to the company anytime. Upon reaching the age of 59½, investors with a Gold IRA from American Hartford Gold can start taking distributions from their accounts.
At 72, you must take mandatory distributions from the Gold IRA. During this time, investors can sell their metals back to American Hartford Gold and receive a check for the value of the metals, providing a simple and convenient way to receive their distributions.
Where does American Hartford store your Gold?
To comply with Internal Revenue Service (IRS) regulations, Companies must store gold and other precious metals in a Gold Individual Retirement Account (IRA) in an approved depository, meaning you cannot keep your gold at home.
To assist with this requirement, American Hartford Gold has formed partnerships with two reputable storage companies: Brinks and Delaware Depository. Both companies offer secure storage options for precious metals.
Brinks is recognized for its top-notch vaults. Delaware Depository, the largest precious metals storage facility in the United States, boasts advanced security measures and a large size that make it a popular choice among investors.
Cost & Fees
American Hartford Gold charges fees that are in line with those of other industry companies, but they offer to waive some fees for new customers. You will not be charged first-year setup, storage, insurance, or management fees when you open a new account.
However, after the first year, you will be required to pay an annual fee of $280 for storage, insurance, and management. If you have more than $300,000 in your account, you may be eligible for waived storage and insurance fees for 3 years.
To open a Gold IRA, you must have a minimum of $5,000 in your account. For purchases of gold or other precious metals outside of an IRA, the minimum purchase amount is $1,500.
Does American Hartford Provide a Withdrawal Option?
You have several withdrawal options when it comes time to access the funds in your precious metal account.
You can choose to use the withdrawal option in the form of cash. The company also offers a buyback promise, meaning that they will purchase your precious metals from you at any time.
They do not charge additional fees for this service, and all clients can easily initiate the liquidation process by calling the company. American Hartford Gold will then help arrange transportation and issue payment upon receipt of the metals.
Alternatively, American Hartford Gold can transport your Gold or Silver from a storage company to your home. Once the metals are delivered, you have the freedom to do as you please with them, including storing them at home or selling them locally.
It’s important to note that there aren’t any limitations on taking out IRAs. If you withdraw before reaching the age of 59½, you may be subject to a penalty in addition to the income taxes you owe.
American Hartford does offer a withdrawal option for its customers. If you are interested in withdrawing funds from your investment account, please feel free to contact their customer service team for assistance. It is always a good idea to read customer reviews on the company’s website or independent review sites to understand the experiences of other customers who have used their services.
In addition to traditional investment options, American Hartford also allows for investment in gold and silver IRAs. This can be a great way to diversify your portfolio and protect your assets against inflation and economic downturns. Overall, American Hartford provides a wide range of investment options for individuals looking to grow their wealth and achieve their financial goals.
American Hartford Gold Review
American Hartford Gold is one of the many gold IRA providers that offer a range of investment options to those looking to invest in precious metals. They offer many gold products including American Eagle coins, Canadian Maple Leafs, and gold bars. They also offer a free gold guide to help those who may be new to investing in gold. Additionally, they provide a gold eagle program where clients can purchase gold from them at a competitive price. However, there have been a number of complaints about their customer service and marketing tactics, suggesting that prospective investors should thoroughly research their options before choosing American Hartford Gold.
American Hartford Gold Ratings and Customer Reviews
American Hartford Gold is a top-rated gold IRA company that offers a wide variety of precious metals investment opportunities encompassing gold and silver coins, as well as silver and platinum. With a precious metals IRA, one can buy precious metals and expand their portfolio beyond traditional investments. This makes American Hartford Gold’s services essential for investors looking to diversify their holdings. The company has been praised for its exceptional customer service, speedy delivery, and competitive pricing across a range of precious metal options. It’s also worth noting that American Hartford Gold’s ratings and customer reviews have been consistently favorable, pointing to the trust and satisfaction customers have in its services. Overall, American Hartford Gold’s reputation as one of the top gold IRA companies makes it an evident choice for investors seeking to expand their precious metal holdings.
Final Verdict
Despite its good reputation, American Hartford Gold has received criticism for its need for more transparency in pricing. Many people believe that the most trustworthy gold companies are those that publicly display their price data online.
Therefore, it is important to consider the different precious metals companies available before making any purchases as part of an IRA investment strategy.
In addition to a company’s overall reputation, be mindful of its bullion prices, policies, practices, and, most importantly, storage fees for precious metals. Doing thorough research and comparing different options is essential before making a purchase decision.
FAQs
Q: What is American Hartford Gold, and what do they specialize in?
A: American Hartford Gold is a Company in Los Angeles, California. In addition to selling gold, palladium coins, and bars, they help clients set up IRAs that invest in precious metals.
Q: Why are precious metals a popular investment during times of high inflation?
A: Investors seeking a hedge against inflation may find precious metals such as gold and silver more volatile than stocks.
Q: What services does American Hartford Gold offer to investors?
There are gold IRAs and investments in gold, platinum, palladium, and silver offered by American Hartford Gold. Gold IRAs can be rolled into trustee-to-trustee or 60-day rollover IRAs with no taxes or penalties. Investors who wish to cash out can also utilize their buyback program. With American Hartford Gold, investors must invest at least $10,000 to begin their retirement investment journey.
