Priority Gold Gold IRA

About Priority Gold

Priority Gold has an excellent reputation in the industry, with an A+ rating from the Better Business Bureau, an AAA rating with the Business Consumer Alliance and a five-star rating from Trust Link. They’ve received several awards, including the Financial Services Review Award, the 2019 Best of Sherman Oaks Award and the Good Standing Award from ICTA, a consumer watchdog agency for the coins, currency and precious metals community.

How it Works

Priority Gold makes it easy for you to set up a gold IRA in just four simplified steps. From the initiation of your gold IRA account to transferring your funds, purchasing metals and moving them into secure storage, Priority Gold representatives will guide you every step of the way. Here’s how the process works:

Step 1: Initial Consultation

The first step in Priority Gold’s IRA process is speaking with a specialist for an initial consultation. In this conversation, you’ll share your financial goals, have the opportunity to ask questions and gain an understanding of how gold and precious metals can enhance your investment strategy. You’ll also learn the specific process for setting up a gold IRA, including how to select a custodian and choose the right storage option for your needs.   

Step 2: Rollover & Fund IRA

To fund a gold IRA, many people choose to roll funds over from an existing retirement account, although it is possible to fund a new gold IRA via direct contributions as well. The great part about this process with Priority Gold is that they simplify and assist with everything, making it as straightforward as possible for you. During this step, you will choose your custodian and depository location. Priority Gold will help you weigh the factors that go into each decision, and guide you through this part of the process.

Step 3: Tailor Your Strategy

Next, Priority Gold’s specialists will help you develop a personalized investment strategy that aligns with your financial goals. During this part of the process, you’ll review and consider your goals, timeframe and risk tolerance. The specialist will review diversification strategies, help you choose your metals, provide relevant market insights and ensure that the IRS guidelines and procedures for gold IRAs are followed.

Step 4: Finalize Your Gold IRA

Once your metals have been selected, Priority Gold will help complete the setup of your gold IRA. This step includes final paperwork, confirming your funding method and coordinating with your chosen custodian and depository to move your metals into storage and finalize your IRA.

Priority Gold Products

Priority Gold offers a variety of gold and silver products, including gold and silver bars and other popular options like American Eagle coins and Royal Canadian Maple Leaf coins, among others.

Fees & Storage Options

Setting up and maintaining a precious metals IRA to the standards that the IRS requires involves certain fees, some of which are paid once like the setup fee, and others that are ongoing annual fees, like custodian and storage fees.

A benefit to using Priority Gold for your gold IRA is that they offer complementary storage and shipping on qualifying purchases, which means for eligible accounts, the storage and administration fees for physical metals may be waived, providing significant savings compared to other gold IRA companies.

Depending on your situation, there may be other applicable one-time or ongoing fees, such as setup fees, wire transfer fees or annual service fees. Priority Gold does not publish their fee structure on their website; instead, this is discussed with a specialist during your initial consultation.

Investment Minimums

Priority Gold does not state any purchase minimums to open a gold IRA, but it is typically recommended to start with at least $10,000. For those who qualify, there is a price protection plan available.

Storage Options & Locations

Priority Gold does not publicize their storage locations, however, they do ensure that they maintain safe, IRS-approved depository locations for all of their precious metal storage options.  

Promotions

Priority Gold offers several ongoing special offers, which can help you save money and get more out of your investment:

• Free Metals: Up to $5,000 in free silver on qualified purchases
• Waived Fees: First year storage fees waived on qualified purchases
• Free Shipping: Free shipping and insurance on qualified purchases

Buyback Options

Priority Gold offers three options for investors who wish to liquidate some or all of their precious metals investment portfolio, and their team is available to walk customers through the pros and cons of each option and start the buyback process. 

How Priority Gold Compares to Competitors

Here’s a look at how this popular choice compares to other leading gold IRAs on he market today: 

Goldco vs. Priority Gold

There are a number of similarities between Goldco and Priority Gold. Both are highly-respected companies within the precious metals industry, with an A+ rating from the Better Business Bureau and strong customer ratings on third-party review sites. Both companies also have special offers that include free metals with qualifying purchases. However, where Priority Gold has an edge is in their robust educational content and special promotional offers of free storage and waived administration fees with qualifying purchases.

Augusta Precious Metals vs. Priority Gold

Both Priority Gold and Augusta Precious Metals emerge as strong names in the precious metals market with trustworthy reputations and solid offerings for gold investors. Both companies deal in gold and silver, which is what most investors are interested in. However, Augusta Precious Metals has a larger purchase minimum of $50,000, which can be limiting for some investors. Priority Gold does not have purchase minimums, although it’s recommended to start with $10,000 as an initial investment, so this may be the stronger option for those who are just getting started in precious metals investing.

Priority Gold vs. Noble Gold

Noble Gold Investments and Priority Gold are precious metals dealers that specialize in gold and silver IRAs. Both companies are reputable and trustworthy names in the industry and offer gold and silver products that can be purchased directly and shipped to your home, or rolled into a gold or silver IRA.

In addition to gold and silver, Noble Gold also offers platinum and palladium coins, so if you’re looking to include either of these two metals in your investment portfolio, that is a consideration. 

Both companies offer a streamlined gold IRA process and a wealth of educational resources on their websites. However, Priority Gold has some additional perks available with qualified purchases, such as free silver, free shipping and free storage, which can save you in the long run and make your initial investment even more valuable. 

Company Info

Priority Gold is headquartered in Dallas and has offices in Beverly Hills, Calif. The company has a longstanding reputation for trust, customer satisfaction and expertise in the precious metals investment industry.

There are several ways to get in touch with Priority Gold:

• Phone: 888-506-6439
• Email: [email protected] 
• Contact Form: Fill out a convenient contact form on their website to have a specialist reach out to you

Bottom Line: Why We Love It

Priority Gold is an excellent option if you’re looking to invest in precious metals. They have a solid reputation in the industry and strong customer satisfaction ratings. We love that they have a dedicated IRA department to assist with every step of rolling over an existing IRA into a gold IRA—this is especially great for anyone who is going through this process for the first time. Priority Gold specialists are on standby with tailored advice, help with investment planning and a plethora of educational resources to help you feel empowered in your financial planning. They have a nice selection of gold and silver products, and qualifying purchases can earn free silver, free shipping and waived storage and administration fees, which offers a huge advantage over other fee-heavy services. A hassle-free buyback program ensures that you can easily liquidate your gold IRA should you ever decide to. If you’re planning to invest in gold and silver, and want to do so with a reputable company, you’ll definitely want to add Priority Gold to your short list.