What is Paradigm Gold Group?Paradigm Gold Group Locations, Timings, Email, Phone, Services
Paradigm Gold Group provides precious metal IRAs. This is a hybrid IRA that resembles standard ones. Besides the main distinction is that it is made of actual gold or other precious metals that have received IRS approval, such as silver and platinum.
And with a precious metal IRA, you are holding an underlying physical asset rather than a paper one, which is another significant distinction. Further a self-directed precious metals IRA, in the opinion of Paradigm Gold Group, is essential for diversifying your retirement fund.
- Address: 20700 Ventura Blvd Ste 208, Woodland Hills, California, 91364, United States
- Phone: (844) 778-3241
- Email: info@paradigmgoldgroup.com
- Website: www.paradigmgoldgroup.com
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People Behind Paradigm Gold Group: CEO, Owner, Co-Founders & MoreWho owns Paradigm Gold Group? What is the management team behind Paradigm Gold Group?
The official website of PGG provides no information about any of its employees. It does not even disclose the name of the company’s owner, CEO, or founder, which is raising doubts about the company’s credibility.
However, after doing more research, we found its CEO and President, David Wolfson, on LinkedIn.
David Woldson: CEO & President
David Wolfson joined Paradigm Gold Group in October 2012 and has been the CEO for more than ten years. He formerly worked for various companies, including Avalon Group Marketing, where he served as President for almost 8 years.
He completed his bachelor’s degree from Stony Brook University.
Paradigm Gold Group Products: Gold, Silver, Platinum and Palladium IRAAll products offered by Paradigm Gold Group
For both novice and experienced investors to navigate their investment journey, PGG provides a wealth of materials. A learning centre is offered by Paradigm and includes details on qualifying retirement plans.
Essentially, nine retirement schemes are eligible. Investors can use a traditional IRA to put pre-tax money toward investments that grow tax-free.
Moreover, Individual investors can use a Roth IRA to make post-tax contributions to investments that grow tax-deferred.
The most typical form of contribution plan is a 401(k), which is a retirement program provided by the employer. The 403B, 457B, Tax-sheltered Annuity, Thrift Savings Plan, and Simplified Employee Pension are more examples of qualifying retirement plans.
Gold
One of the most popular precious metals is gold. No matter what type of gold coins, gold bullion, or unique coins you desire to purchase, PGG can help.
The business offers a huge selection of gold products at reasonable pricing. Simply select one of the many available options to begin the purchasing process.
IRS-Approved Gold Products
- American Gold Eagle bullion coins
- American Gold Eagle proof coins
- American Gold Buffalo coins
- Canadian Gold Maple Leaf coins
- Great Britain Gold Rose Crown coins
- Canadian Gold Wildlife Portrait Series bullion coins
- Austrian Gold Philharmonic coins
- Australian Gold Kangaroo coins
- American Gold Buffalo uncirculated coins (proofs not allowed)
- Gold bars and rounds produced by an NYMEX or COMEX-approved refinery or national government mint, meeting minimum IRS fineness requirements.
Silver
Silver has long been seen as a secure and tangible means of wealth storage, much like gold.
Additionally, there is no better method to safeguard your wealth in a world where economic unpredictability is a constant than by investing in silver and other precious metals.
Silver has been used as a legal currency since 600 BC. Equally important, Silver coins were produced and exchanged for various commodities and services by ancient world civilizations like the Romans, Chinese, and Greek.
IRS-Approved Silver Products
- American Silver Eagle bullion coins
- American Silver Eagle proof coins
- Canadian Silver Maple Leaf coins
- Great Britain Silver Rose Crown coins
- Canadian Silver Wildlife Portrait Series bullion coins
- Austrian Silver Philharmonic coins
- Australian Silver Kangaroo coins
- Silver bars and rounds produced by an NYMEX or COMEX-approved refinery or national government mint, meeting minimum IRS fineness requirements.
Platinum
The phrase “rich man’s gold” is sometimes used to describe platinum. Furthermore, compared to gold and silver, it is an uncommon precious metal.
In the past, platinum was more expensive than gold. On the other hand, It is a heavy, soft metal. Popularity is attributed to its ability to catalyze chemical reactions without affecting their form.
IRS-Approved Platinum Products
- American Platinum Eagle coins
- American Platinum Eagle proof coins
- Canadian Platinum Maple Leaf coins
- Australian Platinum Kangaroo coins
- Platinum bars and rounds produced by an NYMEX or COMEX-approved refinery or national government mint, meeting minimum fineness requirements.
Palladium
Even though the majority of investors are still unfamiliar of palladium, its performance as a tool for investing has been steadily improving lately.
IRS-Approved Palladium Products
- American Eagle Palladium coins
- Canadian Palladium Maple Leaf coins
- Palladium bars and rounds produced by an NYMEX or COMEX-approved refinery or national government mint, meeting minimum fineness requirements.
How to Invest in Paradigm Gold Group IRA?Step-by-step guide for investing in Paradigm Gold Group IRA
To invest in a Paradigm Gold Group IRA, follow these general steps:
- Open a Self-Directed IRA Account: Fill out an IRA form to open a self-directed IRA account with one of their trusted custodian partners. In addition, you’ll also need to choose an IRA-approved storage facility for your precious metals.
- Fund Your IRA Account: Once your self-directed IRA account is set up, work with your custodian to fund your account with cash, rollover funds, or a combination of both.
- Choose Your Precious Metals Products: Paradigm Gold Group offers a selection of IRA-approved precious metals products, including gold, silver, platinum, and palladium coins and bars. Choose the products you want to invest in.
- Place Your Order: Place your order with them for the selected precious metals products. You’ll receive a quote with the total cost of your order, including applicable fees.
- Direct Your Custodian to Make the Purchase: After placing your order, you’ll need to direct your custodian to make the purchase on your behalf. Your custodian will provide you with the necessary paperwork to complete this step.
- Store Your Precious Metals: Once your purchase is complete, Paradigm Gold Group will ship your precious metal products to your chosen IRA-approved storage facility for safekeeping.
However, I don’t recommend opening an IRA with them. Why? Because there are plenty of better options available for you.
Opening a precious metals IRA is a major decision. That’s why I suggest checking out our top gold IRA providers list. There, you can find the best precious metals dealer of your state and choose accordingly.
Also, the list will help you understand what the industry’s best has to offer and what you might miss out on.
Paradigm Gold Group Fees and Charges: Do they overcharge?What are their fees? Do they have hidden fees?
Unfortunately, it appears that PGG doesn’t provide any information on a cost structure. Additionally, there is no information online concerning any fees associated with opening an account with them.
Companies like Augusta charge ZERO fees for up to 10 years and allow you to choose your own gold & silver. Paradigm Gold Group on the other hand provides fewer options.
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Paradigm Gold Group Reviews and Complaints: BBB, Trustpilot and GoogleRead all the Paradigm Gold Group reviews & complaints on Paradigm Gold Group
On their website, Paradigm Gold Group does not post any reviews. They don’t have any reviews either on Google or the Better Business Bureau, two highly respected websites.
Better Business Bureau (BBB):
On BBB, the company has had an accredited profile since 1989. However, the company has been in business only for 10 years.
Surprisingly, they don’t have any reviews or any complaints even though they have been operational for over a decade.
Business Consumer Alliance (BCA):
On Business Consumer Alliance, the Paradigm Gold Group has received no consumer reviews. However, they have received and resolved a complaint.
The platform has given them an A rating but the lack of reviews may be concerning for potential investors.
Trustlink:
Trustlink is another prominent platform where the company has a listed profile. However, they don’t have any reviews on this platform as well.
Certainly, the lack of reviews on various third-party platforms doesn’t inspire trust in investors.
On the other hand, our top recommended IRA company has received 1000s of positive reviews from their customers.
Is Paradigm Gold Group Legit? Should You Invest With Them?Is Paradigm Gold Group scam or legit? Are they worth it?
No, I don’t think you should invest with them.
Pros:
- A+ Rating on BBB
Cons:
- Limited information available
- Lack of reviews online
While they are a legitimate company, they are not the best.
There are plenty of gold IRA companies with far more specialized services in the industry. Before you consider investing with any company, I recommend checking our best gold IRA providers first.
That way, you’d know what the industry’s best has to offer.
Alternatively, you can get a free gold IRA guide from our #1 rated company by clicking the button below:
Furthermore, if you’re eager to find out who is the best gold IRA provider of your state, check out the map below:
Each state has its own regulations and rules, so we’ve sorted and found the best Gold IRA company for each state.
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