American Bullion
Key Facts
- Min. Investment
- $50,000
- Annual Fees
- First year free for qualifying rollovers; year two rate — request in writing
- Founded
- 2009
- IRA Types
- Traditional, Roth, SEP
Overview
American Bullion was founded in 2009 and is one of the longer-operating companies in the gold IRA specialist category. The company focuses specifically on converting existing retirement accounts — primarily 401(k)s and Traditional IRAs — into gold IRAs. Its current promotional offer is its most distinctive feature: new customers who invest, transfer, or roll over $50,000 or more receive free storage and no custodian fees for the first year. After year one, the standard fee schedule applies. American Bullion uses STRATA Trust Company as its custodian and stores metals at Delaware Depository.
Pros
- ✓In business since 2009 — one of the longer track records in the specialist category
- ✓First-year fee waiver (storage + custodian) for qualifying rollovers of $50,000 or more
- ✓Specializes in 401(k) and IRA rollovers — strong rollover process
- ✓Uses STRATA Trust Company and Delaware Depository — both well-regarded
- ✓A+ BBB rating and strong Business Consumer Alliance rating
Cons
- –First-year fee waiver requires a $50,000 minimum — excludes smaller balances
- –Year-two standard fees not prominently published — request in writing before committing
- –Storage limited to Delaware Depository — less geographic choice
- –Product pricing not published on website
Frequently Asked Questions
What is the minimum investment at American Bullion?
American Bullion's promotional offer — free first-year storage and no custodian fees — requires $50,000 or more. Lower-dollar accounts may still be accepted outside the promotion. Confirm the current minimum directly.
What does the first-year fee waiver cover?
The promotion waives the setup fee, custodian fees, and storage fees for year one. Standard fees apply in year two, so request year-two pricing before opening an account.
Does American Bullion handle 401(k) rollovers?
Yes — American Bullion specializes in 401(k) and Traditional IRA rollovers. The company handles paperwork directly with the existing plan administrator to complete the transfer without triggering taxes or penalties.