Welcome to my US Money Reserve Review!
(Updated 2022)
Let's get to know why they claim to be a trusted source for your precious metals!
Diversifying wealth with fairness, competence, knowledge, professionalism?
Let's determine in this review if these are all true!
US Money Reserve Quick Summary
What is US Money Reserve?
US Money Reserve is one of the country’s largest distributors of U.S. government-issued coins.
More so, they strive to provide clients with the highest level of service, as well as the most exceptional gold coins on the market.
Furthermore, the 35th Director of the U.S. Mint, Philip N. Diehl is the CEO of the company. He also centered his career in public service and financial freedom for Americans everywhere.
Also, he continues this mission by currently serving as president of U.S. Money Reserve.
Products and Services of US Money Reserve
IRA Program
A Self-Directed IRA gives you ultimate flexibility. This comes to safeguarding your future by putting you in complete control of your asset mix.
More so, you direct your own funds rather than a custodian holding your money and making those crucial decisions for you.
Furthermore, Self-Directed IRAs also have the added benefit of greater profit potential because you can choose from a wider range of options.
More so, a Self-Directed Precious Metals IRA combines the traditional protection of gold and silver through an IRA.
A Self-Directed IRA should play a key role in shielding your savings.
Why an IRA Program?
- Diversification
With paper assets tied so closely to the dollar, you run a high risk of volatility—especially in the event of a financial crisis.
Also, gold moves to the direction of equities and mutual funds, making it an ideal retirement portfolio diversifier.
- Flexibility
Traditional IRAs are limited to only approved stocks, bonds, mutual funds, and similar vehicles.
Furthermore, Self-Directed IRA provides a vital risk diversification option that traditional IRAs can’t match. This is the ability to hold hard assets such as gold and silver.
- Tax-Benefits
Self-Directed Precious Metals IRA can provide a hedge against inflation and a devaluing dollar. But it also can provide tax-deferred—or tax-free—growth, while you’re saving for retirement.
Also, this can provide an ideal place to hold part of your nest egg.
- Profit Potential
Precious metals not only serve to protect your wealth, but they can also grow your hard-earned savings over the long term.
Getting an IRA
Before you put any retirement funds into gold, your first step is to establish a Self-Directed IRA.
Also, you can either choose between a transfer or a rollover, as well as create a new account.
- Transfer
A transfer is one of the easiest ways to diversify a part of your retirement savings into precious metals.
The original IRA custodian transfers the funds directly to your new IRA custodian.
More so, transfers do not need IRS reporting and can be made as often as you’d like—without any tax penalties. U.S. Money Reserve can help you organize these types of transfers.
- Rollover
If you already have an existing IRA, then you have the option of rolling over it into a Self-Directed Precious Metals IRA.
Furthermore, since the rollover process is the same as any other retirement fund, it’s a simple process.
The IRS allows you to withdraw your retirement dollars from your old custodian. Then you can deposit the distribution with your new custodian.
Also, this tax-free transaction must be done within 60 days to maintain your tax-deferred status and can be performed only once per year.
Steps in Getting an IRA
1. Open Your Self-Directed IRA
More so, when you want to include physical precious metals in your retirement plan, they will assist you in opening a Self-Directed IRA. This can be with a qualified custodian that best serves your financial goals.
2. Fund Your Self-Directed IRA
When you’ve opened your Self-Directed IRA, they will work with your new custodian. This will help you fund your account by transferring, rolling or a fresh new account.
3. Secure Your Precious Metals
Then, when your account is funded, they will contact you to order the precious metals you want to include in your Self-Directed Precious Metals IRA. More so, they will then arrange insured and discreet delivery to an IRS-approved depository for secure holding.
Precious Metals IRA
The Internal Revenue Code currently allows select precious metals to be held in IRAs.
Certain coins, bars, and rounds that meet the minimum fineness requirement and are produced by a national government mint or an accredited refiner/assayer/ manufacturer are approved for inclusion in IRAs.
AMERICAN EAGLE COINS
The U.S. Mint. Gold and Silver American Eagles are among the world’s best-selling coins. Each coin is backed by the U.S. government for its metal content, weight, and purity.
PURE GOLD AND SILVER BARS
Various mints. For larger gold and silver diversification needs, gold and silver bars are available in a variety of sizes from only the world’s most trusted government and private mints.
AMERICAN BUFFALO COINS
The U.S. Mint. The U.S. Mint. The Gold American Buffalo is the first .9999 fine 24-karat gold coin issued by the U.S. Government and takes its inspiration from one of the most famous designs ever struck by the U.S. Mint.
CANADIAN MAPLE LEAF
The Royal Canadian Mint. The Gold Maple Leaf is the first bullion coin struck from one ounce of .9999 pure gold. The .9999 Silver Maple Leaf is among the world’s finest silver bullion coins.
OTHERS
Reviews and Ratings of US Money Reserve
What I Like About US Money Reserve
- Buyback Guarantee
US Money Reserve provides refunds on certified coin orders (non-bullion) within 30 days of purchase—one of the best return policies in the industry.
More so, if you are not completely satisfied with your order, they will accept the return of any certified coin(s) within 30 days of purchase and provide a full refund.
Also, certified coins returned after 30 days of purchase will be subject to the lesser of the current market value of the coin or the original purchase price minus a 20% restocking fee. There is no money-back guarantee on sales of all types of bullion unless otherwise stated in a specific advertisement.
- Fast and Insured Shipping
U.S. Money Reserve is proud to have one of the fastest delivery times, with every order shipping fully insured with signature required.
- IRA Program
US Money Reserve offers an IRA Program. With paper assets tied so closely to the dollar, you run a high risk of volatility—especially in the event of a financial crisis.
Furthermore, gold historically moves inversely to the direction of equities and mutual funds, making it an ideal retirement portfolio diversifier.
What I Don't Like About US Money Reserve
- Limited Products
US Money Reserve only offers gold and silver products that can be included in an IRA Program.
Also, they have a limited selection of products.
- Annual Fees
Yes, though some gold IRA fees may be waived the first year. After that, U.S. Money Reserve charges $250 annually.
Is US Money Reserve A Scam?
US Money Reserve is NOT A SCAM.
However, they do have a lot of complaints from different individuals and customers with being pesky and insisting on different products.
So, it is your choice if you want to go with them with your retirement funds.
Final Thoughts
When investing, let's go with the best company there is! So, I am recommending Augusta Precious Metals.
APM is a leader in the precious metals industry, with over a decade of experience helping customers protect their retirement savings.
They also offer direct sales of gold and silver to our customers. If you have a savings account, an APM Specialist can help you diversify those funds with precious metals.
Whether you want to roll over retirement assets into a Precious Metals IRA or buy gold and silver directly, an APM Specialist can help you navigate each step of the process.
Augusta Precious Metals is a privately held firm specializing in wealth and asset protection. They are rated A+ by the Better Business Bureau and Triple-A by Business Consumer Alliance.
Their quality customer service, dependability, and ethical business practices have resulted in thousands of satisfied customers and positive reviews.
You may learn more about them by clicking below!