Do you keep worrying that you don't have enough money saved up in the bank to pay for your retirement? It can be a troubling thought as you get closer to retirement age. Many experts believe that transferring your savings to precious metals IRA is a good idea.
IRAs or Individual Retirement Accounts come in different varieties. For instance, you will find both simple and traditional IRAs. If you go a step further, you'll come across Roth IRAs, which is a fairly advanced category.
You can invest in stocks, precious metals, and other types of investment options through your IRA account. Note that your IRA investments might be tax-deductible year-round or so. In this USA Gold Bureau review, we will focus on Gold IRA.
It's similar to other IRAs, but the only difference is that Gold IRA is stored as bullion bars or coins. Let's dive into the details of Gold IRA with the USA Gold Bureau!
About the Company
USA Gold Bureau is an Austin, Texas-based company that handles Gold IRA for individuals worldwide, including in the US. It's been operating since 2003 in the US and has gained a lot of attention among investors and key customers of the wealth management industry.
The company states personal attention, education, and respect as the key factors behind its high-quality customer support for customers worldwide. You should know that despite gaining massive popularity in the US and operations since 2003, the company still hasn't received its accreditation from the BBB (Better Business Bureau).
It's an active participant of the ICTA (Industry Council on Tangible Assets). The parent company of the USA Gold Bureau, Lone Star Tangible Assets, played a vital role in laying the foundation for the Texas Bullion Depository.
On several occasions, the bureau has touted its link to the Texas Bullion Depository and how the facility allows the company to hold secure storages for bullion bars and coins at reasonable service charges.
The firm has dealt with clients from different backgrounds, including brokerage houses, collectors, dealers, individual investors, and banks. Regardless of your background, you'll certainly find a match for your investment needs with the Gold Bureau because it's popular for satisfying all its clients at short notice.
Company 's IRA Products/Services
The company provides a long list of services, which include numerous IRA products such as Gold IRAs. The list of services includes retirement planning assistance and investment advice to adults. Moreover, the representatives at the firm also share insights about wealth management and investment planning, especially for precious metals IRAs.
You'll find a ton of free information on the website about portfolio diversification and more. The investment products primarily include precious metal coins, IRS-certified coins, bullion bars, and more. Let's go through a few offerings of USA Gold Bureau.
Multiple Precious Metals IRA Products
Here are some of the precious metal products that USA Gold Bureau offers worldwide:
- 2020 1 oz American Bald Eagle Proof 70 Coin
- The platinum coin features the bald eagle on one side and on the other, there's a little girl, Lady Liberty, and the word "Happiness".
- 2019 and 2020 Gold American Eagle Proof 70 Sets
- These are Gold American Eagle coin sets ranging from 2019 to 2020. These coins feature the bald eagle coming back to its nest and the Lady Liberty on the other side of the coin. These high-quality coins are purely investment-grade.
- 1 oz Silver International Trade Bullion (ITB) Rounds
- These are 1 oz silver coins that the private refinery created and minted using recycled silver.
- 2019 Gold American Buffalo Proof 70 Coin
- It's a coin designed using the same idea as for the Buffalo Nickel. It has an American buffalo on one side and on the other, you will see a Native American man. The coin is among other investment-grade products on the website.
- 1 oz Gold Bars
- These 1 oz gold bars are among the cheapest and easiest ways to invest in precious metals IRAs through USA Gold Bureau. They come in various designs/hallmarks and are available readily to the customers at the USA Gold Bureau.
- Silver Eagle Coins
- The company has been offering a vast range of Silver Eagle Coins to investors worldwide. The coins are different sizes and from different years.
- 2020 Silver American Eagle Proof 70 Coin
- It's a silver coin that features a bald eagle holding a shield, arrows, and olive branch, while Lady Liberty is on the other side of the coin.
Precious Metals IRAs Secure Storage Options
Since the USA Gold Bureau helped in building the Texas Bullion Depository, it also lends a hand in maintaining it. The firm uses the depository to secure precious metal storage facilities. However, the facility is state-administered and extremely safe.
The Texas Bullion Depository
It's a Leander, Texas-based depository offering many secure precious metal storage options. When you're considering the Texas Bullion Depository, don't forget that the facility also offers an amazing insurance plan. The insurance plan reimburses eligible holders and matches 100% value of the precious metals stored within the facility based on the insurance coverage. Note that in Texas, platinum, silver, and gold bullions aren't tax-deductible!
Diverse IRA Services
You can clearly note that the USA Gold Bureau works with people from all walks of life and different backgrounds. At the USA Gold Bureau, officers have varying experience levels regarding investments.
You can find an informative questionnaire specially designed to help understand your needs and form the best investment plans. You can click on the "Portfolio Planning" section on the site, and on the drop-down menu, click on "What should I buy?" The questions on the form will be as follows:
- What's the main objective of your precious metals IRA investments?
- Do you have any experience in commodities investments, and if yes, then how much?
- How long do you wish to remain invested, and when do you plan to cash out your investment?
- How much time do you think should be spared to handle your investments regularly?
- What's your risk threshold regarding precious metals and other IRA investments?
When you answer these questions, the USA Gold Bureau can make investment decisions on your behalf. However, the decisions will be taken by you, the firm will only provide insightful and valuable advice based on your needs and primary goals.
USA Gold Bureau Service Charges and Fees
The website doesn't show any specific fees regarding its services, but that doesn't mean that the USA Gold Bureau is a fee-free company. You can call the specified customer service numbers for more details.
Features of USA Gold Bureau
Precious metals investments are time-taking tasks that require hefty planning and proper consideration. And besides, you'll want to consider a few other companies before making up your mind. Here's what might convince you to go with USA Gold Bureau for your investment needs:
Intuitive Website
The company has built a highly intuitive website with an easy-to-understand and easy-to-memorize menus. You'll only find a few tabs on the site that improve navigation. There's an extensive drop-down menu under each site tab to help you navigate efficiently. The search bar, digital content, and online resources are accessible to users worldwide, even investors that aren't tech-savvy.
Free Insights and Helpful Information
USA Gold Bureau isn't like other investment companies. The firm is dedicated to educating through online resources, blog posts, and articles. You will find a section labeled "Research and Analysis" on the official website. The section contains valuable information regarding the following topics:
- Precious Metals Glossary
- Gold Buying Basics
- Investment Grade vs. Bullion
- How Big is a Gold Bar?
- Investing News and Tips
- Proof Coins vs Mint State
Again, the information is to help investors understand the basics and get used to the investment concepts. And it's free!
Frequently Asked Questions
Is the USA Gold Bureau a legitimate company?
USA Gold Bureau is a reputable, real, ad legitimate company. Although there are different opinions and mixed reviews on various sites, it still ranks with a 4/5 star rating on Trust Pilot, one of the best consumer rating sites. It also got a 3.9/5 star rating on Glassdoor.
Despite several complaints on the internet about the company, a lot of them have been resolved successfully. In the past, the Better Business Bureau also pointed out that some claims from USA Gold Bureau were misleading.
On the other hand, from the consumer perspective, the real challenge is facing extended shipping times and delivery delays.
Will my precious metals be safe?
Yes, your precious metals will be safe and secure once you register with the USA Gold Bureau. The review talks extensively about the security and reliability features of the company. The precious metals you invest with the USA Gold Bureau will go straight into the Texas Bullion Depository, which is a state-supervised facility for safekeeping precious metal assets.
Does a precious metals IRA have a minimum investment requirement?
Yes, there is a minimum requirement investment. When you visit the official website, under the "Open a Purchasing Account" tab, you'll notice a minimum investment requirement of $5,000 for precious metals IRAs.
Final Thoughts
What do we think about USA Gold Bureau? Even though gold IRAs aren't the first choice of most precious metals investors, they tend to go that way sooner than later during their investment career. Investing in gold IRAs grants various perks, including high ROI potential.
Since 2003, USA Gold Bureau has been providing precious metals storage options to investors in the US and around the world. However, the BBB hasn't accredited the USA Gold Bureau. Although, it's an active member of the Industry Council on Tangible Assets ICTA.
Despite mixed reviews about the company, major complaints about the company are regarding extended shipping times and delayed deliveries. The firm offers countless investing options along with free insights to help you make worthier decisions. Altogether, this company is a solid option for those investing in precious metals IRAs.
Contact us today to learn more!
