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February 28, 2022

Oxford Gold Group Gold IRA Review

Gold IRAs are a secure choice for investing in gold without the risks and inconvenience of possessing actual gold bars. While there are numerous gold IRAs, the Oxford Gold Group IRA outshines the competitors when it involves integrity, cost-effectiveness, benefits, and much more.

In our Oxford Gold Team evaluation, we will clarify the features that make this gold individual retirement account the better financial investment alternative.

Summary:

The Oxford Gold Team remains in California and sells precious metals and gold Individual retirement accounts to consumers across the United States. The company concentrates on making buying and selling gold, silver, platinum, palladium, and also self-directed IRAs as obtainable as possible.

For each deal, clients deal straight with a firm manager who is also a precious metals specialist. The approach removes costly compensations and also makes sure that clients get the most effective solution feasible to accomplish their financial investment objectives.

The Oxford Gold Team is younger than most other gold IRA companies yet already has thousands of happy customers. Many of these clients have actually rated it 5-stars on Trustpilot, and the firm delights in an A+ ranking on the BBB.

Key  Features:

  • Gold IRA
  • Investing in gold
  • Various types of retirement accounts
  • IRS-approved gold and silver

overall 

9.2/10

Quality

Speed

Ease of Use

Cost

Oxford Gold Group Pros and Cons

Pros

  • U.S. Mint listed dealer  
  • Oxford Gold Group specializes in Precious Metals IRAs and makes buying and selling more accessible for clients
  • Access to a team of IRA experts
  • Buyback program

Cons

  • Currently working with only two IRA custodians

Oxford Gold Group Account Fees

FeeFee Details
Annual Account Maintenance Fees– $175 for accounts valued under $100,000
– $275 for accounts valued at or over $100,000
Storage Fees– Vary from $175 to $225/year. Oxford Gold covers fees for one to five years
– Rebates of up to $2,500 for qualifying clients
Shipping Fees– No fee for shipping to clients
Minimum Transactions– $7,500 per IRA purchase
– $1,500 direct purchase

Main Features of the Oxford Gold Group IRA

Oxford Gold Team makes trading precious metal Individual retirement accounts less complicated for everybody. The firm's gold IRA offering is popular among individuals that desire a more secure choice to paper-backed IRAs. That's because unlike regular IRAs, a gold IRA is less most likely to lose its value during periods of economic crisis.

When you acquire a gold IRA from the Oxford Gold Team, you get real gold bullions, yet the business maintains the gold on your behalf. When your pension grows, you can collect your gold or offer it.

Having a specialist like the Oxford Group keep your gold till retired life shields your wide range. You can get in touch with an Oxford Gold Team companion for approaches on exactly how to increase your assets prior to retirement as well.

Contrasted to various other suppliers, the expense of purchasing gold IRAs with the Oxford Gold Group is lower. The signup process for opening a gold IRA account fasts as well as problem-free. You can do it by filling out a short form online or by calling the firm to supply your information.

Several individuals have actually currently purchased the Oxford Gold Team gold Individual Retirement Account, and the responses pertaining to the business's performance, client support, and also sincerity is mostly positive.

Currently, Oxford Gold Group has a Trustpilot 4.8 score and a BBB A+ score. On Customer Matters, it has a 4.5-star rating out of 5 stars, and also Retired life Living ranks it as one of the best gold IRA companies.

See also
Gemini Company Review

Oxford Gold Group History and Background

he Oxford Gold Team has its head workplace in Los Angeles, The Golden State. The company started procedures in 2017, however its owners have over 20 years of experience in the precious metals industry. The insights of its proprietors as well as their dedication to consumer complete satisfaction have actually assisted the firm develop itself as a leading gold investment company.

You can acquire self-directed gold Individual retirement accounts from the Oxford Gold Team, as well as Individual retirement accounts for silver. The business can likewise supply you with customized financial investment strategies to satisfy your retirement objectives.

If you are not interested in IRAs, the Oxford Gold Group provides options for trading gold, silver, palladium, as well as platinum. Nonetheless, investing in a gold individual retirement account gives tax benefits that these other choices do not. For instance, when you sell the gold in your pension, you will not pay tax obligation on any type of gain on the value of your gold.

Oxford Gold Group Product & Services Offerings

Oxford Gold Group is among the very best systems for dealing in precious metals from the convenience of your residence. The rare-earth elements include gold and silver bars or coins. Platinum and also palladium items are likewise offered.

Aside from rare-earth elements, you can buy silver or gold Individual retirement accounts. Opening up a gold IRA account with the Oxford Gold Team is among the fastest in the industry. The entire procedure takes 10 to 15 minutes, and also you can do it online or through phone. All you need is your recipient information as well as a copy of your retirement account declaration as well as motorist's license.

When the account is up and running, you can money it by paying cash money, transferring, or rolling over funds from your existing pension. In exchange for the transferred quantity, you will get gold bars as well as coins, not paper or certificate products.

Oxford Gold Group's clients have the option to store their gold in a vault where you can check on it, however not withdraw it. If you withdraw your gold prior to you turn 59 1/2 years old, your withdrawal will certainly be taxed as well as based on a 10% premature withdrawal penalty.

An Oxford partner will certainly handle your energetic account on your behalf to grow your properties. You can also speak to the companion to create an individualized financial investment strategy that pleases your retired life goals.

When your pension develops, you can withdraw your gold or have an Oxford partner liquidate it as well as provide you cash money. The whole procedure is convenient since the Oxford partners do all the hefty training for you.

See also
With Stagflation Ahead, How Will Gold Respond? How Has Gold Responded Before? | Birch Gold Group

Oxford Gold Group Pricing Information

Oxford Gold Group uses an annual level maintenance cost framework for IRAs. Upkeep charges vary from $175 to $275 per year, depending upon the quantity bought in the individual retirement account. Oxford Gold can offer clients a level fee structure because solutions and costs have actually been standardized with their connection with the two IRA custodians they collaborate with, STRATA and also Equity Institutional.

Proprietors of bigger accounts get discounts to reduce upkeep charges. Refunds differ relying on the size of the account, as well as larger accounts can use discounts for numerous years. A partner at Oxford Gold Team informed us that their ordinary IRA customer pays no upkeep or storage space fees on accounts for the first three years under the refund program.

Storage space prices differ relying on the vault firms that Oxford makes use of for an account. Usually, storage space charges range from $175 to $225 a year. Nonetheless, depending upon the dimension of the financial investment, Oxford Gold provides a refund to clients for one to 5 years for storage space charges paid. There are no delivery charges.

Payments are billed for buying or selling precious metals, as is the standard for any type of investment, however Oxford Gold Group does not charge brokerage firm charges. There are minimal quantities per purchase restrictions with $7,500 for an IRA and $1,500 to get steels beyond an IRA. When the time comes to sell off holdings, Oxford Gold Team has both a buy-back and a no-fee liquidation program.

Oxford Gold Group Storage Options

After getting a gold individual retirement account, the Oxford Gold Team will not turn over your gold bullion. Instead, it will keep it in your place in a secure facility. You can choose from numerous exclusive, non-bank, and also non-government IRS-approved facilities to save your gold.

For example, you can pick between Brinks Global Solutions, USA, and the Delaware Vault. Both have actually depository choices spread across the U.S., including in states that don't tax obligation rare-earth element purchases. That implies you can select a center near you as well as check out to look at your gold at your benefit.

Are you stressed over something taking place to your gold while it remains in storage space? All Oxford vaults satisfy the most up to date standards and also have all-risk insurance coverage from Lloyd's of London.

Oxford Gold Group’s Minimum Investment

The minimum investment is the smallest amount of Oxford Gold Group gold IRA you can buy. The minimum investment in a gold IRA is $7,500, but if you are buying metals outside an IRA, the minimum is $1,500.

How To Fund Your Oxford Gold Group Gold IRA

After producing your gold IRA account, you can fund it by either performing a trustee-to-trustee transfer or an IRA account rollover.

A trustee-to-trustee transfer entails relocating some or every one of the cash in an existing pension to your brand-new gold IRA account. Relying on your present pension's custodian, moving the funds might take five service days or much less. Financial institution cables are one of the most preferred option for such transfers.

With the Oxford Gold Group, transfers are tax-free, and there are no internal revenue service penalties. And also, you can make as numerous transfers as you desire.

If you select an IRA account rollover, you will receive a check from your present pension custodian. The check will certainly be for all the money in your retirement account, and also you should transfer it in your gold IRA account within 60 days. Otherwise, you may need to pay tax obligations or charges.

Despite which method you pick, the Oxford Gold Team can help you with the whole process, consisting of declaring documentation in your place. The firm can additionally suggest you pertaining to the very best financing approach for your gold individual retirement account.

See also
Is the Government Trying to Hide How High Inflation Really Is? – Goldco

Reasons To Choose the Oxford Gold Group

  • Seamless and quick signup process
  • Informative website with lots of materials about investing in gold IRAs
  • Efficient customer support
  • Professional assistance with rolling over IRAs
  • Highly experienced partners that provide top investment advice
  • Insured and certified depositories for storing customers’ gold bullions
  • Positive reviews on various independent platforms
  • Flexible pricing and affordable annual fees
  • Full control over your gold IRA account

FAQs

What’s the process for liquidating an IRA account?

You can liquidate your gold holdings by using Oxford Gold Team's buy-back program or the no-fee liquidation program. The buy-back program is the fastest alternative as well as includes the business paying you money for your gold.

Which retirement accounts are eligible to rollover?

Retirement accounts you can roll over into your gold IRA are:

  • SIMPLE IRA
  • Pension plans
  • 401(k)
  • 403(b)
  • 457(b)
  • Roth IRA
  • Thrift Savings accounts

If you have another type of account, contact the Oxford Gold Group to enquire whether it is eligible for rollover.

Can I monitor how my precious metals portfolio is performing?

All customers get an online account for keeping an eye on the performance of their gold. Your custodian will certainly likewise send you quarterly statements regarding your account's performance.

Can I add more funds to an existing gold IRA account?

After your account starts running, you can maintain adding to it. An Oxford partner can aid arrange the deposit, or you can do it on your own.

Does Oxford Gold Group guarantee the rate of return on gold IRAs?

While gold is much more secure than other commodities, market pressures still influence it. Because of this, the Oxford Gold Group can not assure that the value of your gold financial investment will certainly be lower or greater by the time you prepare to take out.

To begin purchasing Gold IRAs with the Oxford Gold Group, call us today.

Final Thought on Oxford Gold Group

The partners who have Oxford Gold Group left various other precious metals companies due to the fact that they saw a possibility to provide a high degree of client service and expertise of business for lower costs. By partnering with a little team of custodians as well as safe companies, Oxford Gold can make Precious Metals IRAs as straightforward and feasible for the customer. As a newer firm, client feedback online is limited, however the reviews are positive. We suggest that possible clients speak directly to a partner to figure out if Oxford Gold Group is a great fit for their investment goals as well as preferred level of service.

If you have an interest in getting a quote or discovering more about Oxford Gold Group, call 888-200-5586 or see their web site for a customized quote.

Highest Customer Ratings For Gold IRA Companies

 AVG. 

Rating

4.9

Over 550+ total reviews

  • Highest overall average customer reviews
  • Largest investor resource team
  • The most trusted gold IRA company in the United States

 AVG. 

Rating

4.8

Over 340+ total reviews

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Photo is a selfie of Nathan Rosevear

Nathan Rosevear

Nathan offers insights and reviews around the highest rated precious metal IRA specialists. He is an investor in gold and silver industry.
His passion is helping Americans secure their finances through stable investing and provides such help by blogging valuable information for investors to make sound financial decisions.
Do you want some help figuring out your precious metals Investment? Feel free to give me a call at 604 603 7953.
Let me connect you with the best in the business based on your financial situation and help you save some time and maybe save you some hard earned money.
Nathan Rosevear is not a financial advisor. No financial advise will be given on phone calls. Investors are urged to seek professional advice when necessary.
Gold Investment review is paid to recommend some of the services listed on this website by referring you to the right companies. No additional cost is attributed to the investor.