American Hartford Gold IRA Review 2023

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For centuries, gold has been regarded as a safe and stable investment, and for good reason. Gold is durable, rare, and has real-world applications. Gold is a sound investment because it doesn’t experience the same drastic ups and downs as stocks and other valuables. Often, it’s seen as a safety net for when markets are declining. 

If you’re looking for a safe and stable investment to protect your retirement savings, gold may be the right choice for you. 

But how does American Hartford Gold’s Gold IRA stand out from other gold investment options? And is investing in gold with American Hartford Gold the right choice?

American Hartford Gold

Why Invest in Gold?

There are many reasons why you might want to consider investing in gold. Here are just a few:

1) Gold is a safe haven asset

This means that when the stock market is volatile or experiencing a downturn, gold typically holds its value or increases in value. This makes gold a wise investment for those looking to protect their retirement savings from market fluctuations. As of November 2022, gold is going for roughly $1750 an ounce, the same price it was in November 2012. In ten years, gold has been steady, but in the last 20 years, gold has seen a significant increase in value. In November 2004, gold was about $435 an ounce. In 20 years, gold has seen a 300% increase in value, making it an excellent long-term investment.
Gold IRA

2) Gold is rare

There is only so much gold in the world, which means that it is unlikely to experience the same kind of inflation as other assets. The value is set by supply and demand, so as long as the demand for gold remains high, the value of gold will remain steady, and due to its real-world applications, gold will stay in high demand.

3) Gold has real-world applications

Unlike paper assets like stocks and bonds, gold has numerous industrial and jewelry applications, from wedding rings to computer components. This means that gold will always have value, no matter what happens in the stock market.

4) Gold is private and portable

Unlike other investments like real estate or vehicles, gold can be easily transported and stored without anyone knowing its value. This makes it an ideal investment for those who value privacy or who don’t have the space to store larger investments. For retirement accounts, this means that gold can be held in a secure facility without the worry of theft or depreciation. 

What is a Gold IRA?

A Gold IRA refers to a self-directed individual retirement account (IRA) that allows investors to hold physical gold bullion (an investment in gold bars, coins, or similar physical items) in their retirement portfolios.

Gold IRAs are similar to traditional IRAs, but with one key difference: instead of holding paper assets like stocks and bonds, a Gold IRA allows you to invest in physical gold.

Gold IRAs allow investors to take advantage of the unique qualities of gold by diversifying their retirement portfolio. This can provide additional protection against recession and inflation, as well as offer an option for long-term growth potential.

Get Your FREE Gold IRA Guide Here!

Benefits of a Gold IRA

1) Control your investments

When you invest in a Gold IRA, you have control over your own investments. You can choose which gold coins and bars to purchase, as well as how much to invest.

2) Diversification

Most retirement accounts have a heavy focus on stocks and bonds, but by adding gold to your portfolio, you can diversify your investments and protect yourself from market volatility. With Gold IRAs, you can provide an additional layer of diversification to a retirement portfolio, which can also lead to better long-term growth potential.
Gold IRA

3) Gold is a tangible asset

Unlike stocks and bonds, gold is real and tangible—you can see it, touch it, and even hold it in your hand. This makes it a comforting and secure investment, especially for those who want to protect their retirement savings from market fluctuations.

4) Tax-deferment with rollovers

When you roll over an existing IRA to a Gold IRA, you won’t lose any tax benefits. In fact, taxes on your gains from the account will be deferred until you withdraw your metals or sell them.

Who is American Hartford Gold?

When it comes to precious metals IRA investments, American Hartford Gold Group is a retailer that you can trust. This family-owned business is operated in Los Angeles, California, and has made it their mission to educate, protect, and empower customers in their goal to save for retirement.

American Hartford Gold has decades of experience when it comes to helping investors choose the right gold bullion for their retirement portfolios. They offer an array of products including physical gold, silver, and platinum, as well as personalized customer service to help you understand the process of investing in precious metals.

Whether you are a beginner or a seasoned investor, American Hartford Gold Group has the expertise and resources to help you achieve your retirement goals.

American Hartford Gold

Plus, with an A+ rating from the Better Business Bureau, a 5-star rating on review platforms like Google and Trustpilot, recommended by Bill O’Reilly, Rick Harrison, and Lou Dobbs, and having been ranked the #1 Gold Company by Inc. 5000’s 2021 list of America’s fastest-growing private companies, you can be sure that you’re in good hands with American Hartford Gold Group.

Why Invest With American Hartford Gold?

American Hartford Gold offers a variety of gold investment options, from gold coins to gold bars, and their Gold IRA is no exception. Here are some of the benefits that you can expect when investing in a Gold IRA with American Hartford Gold:

gold coins

1) Secure Storage

Secure storage. All investments made through American Hartford Gold’s Gold IRA program are securely stored in IRA-approved vaults across the country.

2) Low costs

Low costs. American Hartford Gold’s Gold IRA offers investors low costs and no hidden fees, making it an attractive option for those looking to maximize their retirement savings.

3) Expert Guidance

Expert guidance. Investing in a precious metals IRA can be complicated, but American Hartford Gold provides investors with expert guidance throughout the entire process. From selecting the right gold and other precious metals to understanding how to purchase them, they are there every step of the way.

With these benefits, as well as an experienced team of professionals to assist you, it’s easy to see why American Hartford Gold is the top choice for gold IRA investments.

How to invest in a Gold IRA?

Although it may seem complicated, setting up a Gold IRA is actually quite simple. 

There is no need to liquidate your assets from your current 401(k) or IRA. Instead, you can simply roll over or transfer funds from your existing retirement account. And the best part? These rollovers are tax-free and penalty-free. 

By doing this, you will have safeguarded the value of your assets without having to invest more money.

So, how do you set up a Gold IRA with American Hartford Gold?

American Hartford Gold

Step 1)

Visit their website and talk to their specialists at 800-462-0071

Step 2)

In only 3 days, the funds from your old IRA can be transferred into your new one–and you don’t even have to contact your current custodian. Once that’s done and your new account has money in it, then you’re free to choose which precious metal(s) best fit what YOU want: gold, silver, or a combination of both.

Get Your FREE Gold IRA Guide Here!

Final Thoughts

Gold has long been regarded as a safe and stable investment, and for good reason. If you’re looking for an asset that will hold its value or increase in value over time, gold may be the right choice for you.

A self-directed Gold IRA may be the best way to protect your retirement savings from market volatility. Unlike other investments, gold is a physical asset that can be stored and protected. It is also a global currency that is not tied to the performance of any one economy. This makes gold a safe investment for retirement savings.

Setting up a Gold IRA with American Hartford Gold is quick and easy, and their team of experts will help you through the process. They offer secure storage and personalized customer service, so you can be sure that your investments are in good hands.

Whether you are a beginner or an experienced investor, American Hartford Gold Group is the right choice for those looking to protect their retirement savings with gold.

So, if you’re ready to add physical gold to your retirement portfolio and start investing in gold IRAs, American Hartford Gold Group is here to help. Invest with confidence and rest assured that your retirement funds are safe and secure with American Hartford Gold!

American Hartford Gold

Frequently Asked Questions (FAQ)

A Gold IRA is an example of a Self-Directed IRA. Self-Directed IRA’s were designed to give individuals more freedom in the selection of investments that they could hold in their retirement account. A Gold IRA is unique to precious metals, where the investor/individual has the ability to hold gold, silver, and other precious metals such a platinum and palladium in their account rather than being limited to traditional stocks and bonds.

By holding precious metal investments in a Gold IRA, this gives the ability for individuals to make their portfolio more diverse and prepare themselves for future financial success. Having a diversified portfolio makes for a better chance to survive a stock market crash and still have some of your funds held in other categories, such as gold.

There are various options when it comes to investing in gold. One option is to purchase gold coins or bars from a local retail shop or gold investment company. You may then hold the metals until you are satisfied with their growth, ready for retirement, or need them for another expense. 

Another option to invest in gold is by setting up a Gold IRA. These are a form of a Self-Directed IRA, only your funds can be held in gold rather than stocks and bonds. This is a good way to invest in precious metals without worrying as much about taxes.

The value of a gold coin increases as the value of spot gold increases. The number that is printed on each gold coin (known as the face-value) is not an accurate reflection of its true valuation. In fact, its value is likely much higher than the face-value based on the current price of gold today.

Depending on your age, current financial position, and personal preferences, the answer to this question will vary per person. If you are coming up on retirement, you’ll want to take fewer investment risks and may not want a large portion of your money in gold. If you’re still young and have more time to take greater investment risks, you may want a larger percentage of your portfolio invested into gold. 

Like many investments, it is optimal to buy at a low value. Generally speaking, when the stock market is over-performing, the value of gold is at a much lower amount. Gold also follows some trends such as a decrease in certain months of the year, including January, March, and April.

It is always a good idea to seek out a financial advisor to help discuss the best options for your current situation. This way you can shift your investments based on what makes the most sense for your financial goals, and the current economy.

Your current plan may not give you the option to invest in gold, but there are numerous other plans that allow gold investments. Keep in mind that there are specific rules set out by the IRS regarding how gold can be bought and stored. Because of these rules, it’s important to find a reputable company to work with.

You are legally allowed to do a 401(k) rollover and avoid paying taxes and penalties, but to do this you must follow the correct process. Start by contacting your current 401(k) plan and explain your situation. The rollover may take several weeks or months to complete, so it’s best to begin as soon as possible.

Traditional 401(k) plans and IRA’s are tax-deferred savings accounts, meaning you do not need to pay any taxes on your contributions. Once you retire and eventually withdraw your funds, you will pay taxes on those withdrawals. You will not get any tax breaks if you purchase gold for personal ownership. Right now, the only way to avoid paying taxes on gold is by purchasing it through your 401(k) plan or IRA.

Although this process is a bit tricky, you absolutely can purchase physical gold in your 401(k) plan. Since your IRA cannot be the seller and holder of the gold, they will need to store the physical gold with a third party. You are also not personally allowed to hold the gold. You may only keep gold and silver in a plan of this type if someone else is storing it, according to the IRS. While you will not be allowed to have physical control over the gold, you may still be allowed to access the storage facility.

Yes, any gains made on the gold held in a Gold IRA are subject to capital gains taxes. Additionally, if you take a distribution from the Gold IRA before you reach the age of 59 and a half, you may be subject to income taxes and a 10% early withdrawal penalty. Things may differ depending on whether you have a traditional IRA or Roth IRA.

No. You are not allowed to take physical possession of the gold or other precious metals held in an IRA account. 

No. Home storage is not allowed and could have serious tax implications if you are found to be taking physical possession of the gold held in your IRA. You must store the gold with an IRS-approved custodian. Any company that promotes home storage is not providing sound advice and should be avoided. 

No. The IRS does not allow precious metals to be stored in a safe deposit box. The custodian/depository must always maintain possession of the gold.

This is a tricky question. 

Mostly, no. For most folks, it’s impossible to take physical possession of their gold without paying severe fees.

There is however a workaround for very (VERY) few individuals. 

A “Checkbook IRA” allows the IRA owner to have more control over their investments. They can use an LLC to make investment decisions and hold assets on behalf of the IRA. The LLC is owned by the IRA and managed by the IRA owner or someone else. The assets, including precious metals, can be stored in a place chosen by the LLC, like a storage facility or the IRA owner’s home as long as it’s secure and insured. Though, the IRS has strict rules for using a Checkbook IRA and storing IRA-owned assets. 

Some of these rules include:

  • A minimum net worth of $250,000.
  • Must have a corporate legal counsel.
  • Ownership must be shared among multiple individuals.
  • And much more

Keep in mind that this loophole is not recommended. There is a possibility that you will be penalized and even possibly disallowed from future investments. It’s not worth the risk, even if you do meet all these requirements. 

Remember that your specific situation and goals should always be discussed with your tax advisor.