Goldco
Key Facts
- Min. Investment
- $25,000
- Annual Fees
- $200–$280/year (custodian + storage)
- Founded
- 2006
- IRA Types
- Traditional, Roth, SEP
Overview
Goldco is a precious metals company based in Woodland Hills, California, specializing in gold and silver IRAs for retirement savers. Founded by Trevor Gerszt, the company has been one of the more active names in the gold IRA space for close to two decades. Goldco walks customers through rollovers from 401(k), 403(b), TSP, and traditional IRA accounts, coordinating paperwork directly with existing plan administrators. The company is known for periodic promotional offers — most commonly a free silver bonus for qualifying new accounts.
Pros
- ✓Lower $25,000 minimum compared to some specialist competitors
- ✓Frequent promotional offers — often includes free silver for qualifying accounts
- ✓Works with both Delaware Depository and Brinks Global Services
- ✓Uses Equity Trust, one of the largest self-directed IRA custodians
- ✓Strong A+ BBB rating with roughly two decades of operation
Cons
- –Annual fees of $200–$280 are at the higher end for this category
- –Live pricing not published on website
- –Buyback guarantee may carry holding-period conditions — confirm terms before opening
Frequently Asked Questions
What is the minimum to open a Goldco IRA?
Goldco's published minimum is $25,000. The minimum has at times been waived under promotions, so confirm the current requirement directly.
What fees does Goldco charge?
Goldco's fees include a $50 setup fee, a $30 wire fee, a $100 annual custodian fee, and storage of $100/year (commingled) or $150/year (segregated). Total annual cost typically runs $200 to $250.
Does Goldco offer a buyback program?
Yes. Goldco offers a "highest price" buyback guarantee. Some sources suggest holding-period conditions may apply — confirm specific terms before opening an account.