Oxford Gold Group Review: Gold IRA Benefits, Pros, Cons, Features

Investing in Gold can be one of the best ways to secure your retirement. It is one of the best ways to save and grow your money without fearing market volatility or stock crashes.

If you are looking to invest in precious metals, it must be difficult to choose an option that is right for you and suits your needs. Oxford Gold Group is one such company that can help you achieve your dreams.

Here we carefully analyze their products, services, advantages, disadvantages, and key characteristics to give you a thorough understanding. Read on to learn more about this leading name in the industry.

Company Overview

Oxford Gold Group, a Denver-based investment and retail company founded in 2010, offers a wide range of products and services related to investing in precious metals, such as gold, silver, platinum, and palladium. 

These include physical bullion, numismatics, IRA-approved metals, semi-numismatics, and coins. The company’s knowledgeable staff is dedicated to providing top-notch service and expert advice to help customers choose the right investments to meet their goals.

In addition to offering excellent customer service and market insights, Oxford Gold Group ensures compliance with all relevant laws and regulations, including the Patriot Act. It is a member of several professional organizations, including the American Numismatic Association, the U.S. Mint’s National Collectors Advisory Board, and the Professional Numismatists Guild.

Oxford Gold Group offer Services

The Oxford Gold Group is a precious metals brokerage firm that offers a range of services, including Gold IRAs, buy-back programs, storage support, and direct sales of precious metals such as gold, silver, and palladium. 

The company has over two decades of experience and provides telephone customer service and low commissions to its clients. The Oxford Gold Group can turn your current IRAs, and 401(k) accounts into Gold and other metals to diversify your investments. The company sells coins and bars in various precious metals and offers gold-backed IRA accounts. 

Customers can invest in a gold-backed IRA from $5,500 to $6,500 annually and take money out at 59.5, although taxes will apply. At the age of 70.5, clients must take money out of the account but can specify the amount. The Oxford Gold Group also offers rollover and transfer options for other retirement accounts.

Precious Metals Gold IRAs 

You can invest in a gold or silver IRA by opening an account with the Oxford Gold Group. This process can be done online or over the phone and typically takes 10-15 minutes. You will need to provide information regarding your beneficiary, just like in a bank. 

Apart from this, you will also need to provide a duplicate of the retirement account statement along with a duplicate of a driver’s license. 

When your account is ready, you can add funds to it through cash, transfer money into it, or roll over funds in your existing IRAs. Oxford will help you through it. Oxford will give you Gold bars and coins when you deposit funds instead of regular paper or certificates. 

With Oxford Gold Group, you can store your gold in such a depository, allowing you to check on it. This does not mean that you will be able to withdraw it. If you withdraw your gold until turning the age of 59½, it will be taxed and subject to a 10% penalty. 

Oxford gold Group will assign you a specialist partner to manage your account and help it grow. You can also work with the partner to create a custom investment plan that meets all your goals for post-retirement life.

Once your account has matured, the money in it will be withdrawable. You will have the option to take the gold or liquidate the gold and take cash instead. Throughout the process, an Oxford specialist will be with you. The partners will handle all the details for you, making the process hassle-free.

Why Should you Invest in a Gold IRA with Oxford Gold Group?

Oxford Gold Group is a leader in the gold IRA industry, offering a comprehensive service to help investors diversify their retirement accounts with a gold IRA. 

Their knowledgeable staff can assist with setting up and managing a gold IRA, and the company offers competitive pricing on gold, silver, and other precious metals. They also provide safe storage of valuable metals in reputable facilities. 

By simplifying the process of investing in a gold IRA and providing guidance on the benefits and potential returns of gold investments, Oxford Gold Group helps investors make informed decisions about their retirement investments.

How the Gold IRA Program Works

Oxford Gold Group lets you keep metal like gold and silver coins in a special account where you won’t pay taxes on any profits until you take money out. 

They’ll help you set up the account, pick out coins like Silver Eagles or American Gold, and you can pay for it with cash or move money from another retirement account. 

With the regular IRA, you can deduct the money you put in from your taxes, but if you take it out before you’re 59½, you have to pay taxes and a penalty. For the Roth IRA, you already paid taxes, so you can take it out without paying more. You don’t have to take money out at 70½ with the Roth, either.

Gold Buy-Back Programs

The Oxford Gold Group’s Gold Buy-Back Program is a simple and safe way to sell gold online. Customers can easily sell their jewellery, coins, and other items for cash without stress. 

The process starts by selecting, appraising, and selling the gold on the website. Customers can then choose their preferred payment method and delivery option and provide details about the gold items. The Oxford Gold Group will evaluate the items and provide an estimated value. 

Customers can then send the items to the company for authentication, testing, and weighing to determine their exact worth. Once the process is complete, customers will be paid the estimated amount. 

The Gold Buy-Back Program also ensures the safety and confidentiality of customer information and follows all relevant laws and regulations. They cover the gold items until customers are paid, providing peace of mind that the gold is safe. Overall, the Gold Buy-Back Program is a convenient way for individuals to quickly and easily convert their gold into cash.

Oxford Gold Group Storage Options

The Oxford Gold Group offers its clients a range of storage solutions, including the Delaware depository and Brink’s Global Services. 

The Delaware depository is located in Wilmington and is operated by the Delaware Depository Service Company, a member of the Depository Trust Company. It features an automated security system called DDSP (Delaware Deposit Security System) that ensures the safe handling and storage of assets such as gold, silver coins, bars, and bullion.

Brink’s Global Services provide a cost-effective and secure option for storing precious metals, including gold. Customers can choose from storage locations in the UK, Holland, Switzerland, and the US, depending on which jurisdiction best meets their needs. 

These facilities are equipped with modern security and surveillance systems and are manned by security personnel.

The Oxford Gold Group offers its clients dependable and secure storage options. The Delaware depository and Brink’s Global Services are renowned for their advanced security and surveillance measures and digital and physical security systems that ensure the safe handling and storage of assets. Customers can trust that their investments will be well protected when using either of these options.

When it comes to storing your precious metals, Oxford Gold Group offers a variety of options to fit your needs. Their gold bullion options are highly sought-after, and their reviews are positive across the board. Whether you’re interested in opening a precious metal IRA or just looking for a secure place to store your gold and silver, Oxford Gold Group has you covered.

Their gold and silver IRAs are backed by years of experience in the industry, and their expertise when it comes to gold and precious metals is unmatched. Overall, if you’re looking for a trustworthy company to help you with your precious metals needs, Oxford was outstanding and is definitely worth considering.

Oxford Gold Group IRAs: Fees & Cost

The Oxford Gold Group aims to make investing in gold IRAs as affordable as possible. They charge an annual maintenance fee for all accounts, which is $175 for those valued under $100,000 and $225 for those above. 

This fee covers storage costs, and all account maintenance charges are tax-deductible. Additionally, large accounts may be eligible for rebates which can reduce the maintenance fees for several years, and some customers may not have to pay any maintenance fees during the first three years of their account.

A few fees are associated with opening an IRA with the Oxford Gold Group. There is an initial $50 fee to cover paperwork and administrative tasks and a custodian fee of $50 per year to safeguard the account and manage the assets. 

There is a $50 annual maintenance fee to cover any additional costs. There are no additional fees for buying or selling assets within the IRA. However, if the account is a Roth IRA, an additional annual fee of $50 is applicable, in addition to the initial setup and custodian fees. Traditional IRAs are subject to the same fees as Roth IRAs, except the initial setup fee.

For accounts worth more than $100,000, the annual fee is discounted to $35. Additionally, members who open a new account with assets of over $500,000 will have the initial setup fee waived. 

Oxford Gold Group Review (Precious Metal Investment Customer Reviews)

Oxford Gold Group is a company that specializes in the investment of gold and other precious metals. As one of the best gold IRA companies, Oxford Gold Group partners with IRA custodians to help clients establish self-directed IRAs that invest in precious metals.

Oxford partners with some of the top custodians in the industry, which ensures that the clients receive world-class service. Oxford Gold Group manages the entire process, from opening an account to selecting the coins or bars. Clients can expect transparency throughout their investment journey, as the Oxford Gold Group’s website provides all the necessary information they need to know before making an investment.

Oxford Gold Group doesn’t promise results or make unrealistic claims about the potential returns on investments. Overall, Oxford Gold Group has received positive customer reviews, with many customers praising the company’s transparency and customer service.

Oxford Gold Group is a prominent name in the precious metals industry. The company specializes in providing gold coins and other metal products to its customers. One of the unique features of the company is its use of Individual Retirement Accounts to help customers invest in gold. Oxford Gold Group offers gold in various forms like bullion, coins, and bars.

The company charges an upfront fee for buying and selling these precious metals. Additionally, customers can benefit from the company’s rebate program that helps them obtain a free gold bar. Overall, based on customer reviews, Oxford Gold Group seems to be a reliable option for those interested in investing in precious metals.

Final Verdict

We highly recommend that you check out Oxford Gold Group’s Gold IRA service. They are one of the best in business and provide excellent customer service. Their special educational programs are top-notch and help customers make wise decisions relating to their assets. 

Related Posts