Lexi Capital Review

Lexi Capital Review

Protect Your Wealth By Diversifying In Precious Metals! Investing in precious metals through an IRA can be a wise decision if you want to make sure that your money keeps its value over time or if you’re going to hedge against inflation and the possibility of global financial instability.

Lexi Capital Review

Gold and other valuable metal IRAs are investment vehicles, and they come with risk. Consumers should be wary of assertions that investing in these or any other vehicles can make a lot of money with little risk. You may lose money, and past performance does not guarantee future results. Consumers should also be mindful of fees prior to investing.

Lexi Capital was created in 2010 by two businesspeople as a result of a class project at UCLA. They translated their first-place plan into a company to assist retirement investors deal with volatile gold and silver markets. Gold IRA experts provide retail investors with market information to assist them in using gold as recession-proof assets.

It’s simple to locate straightforward information about Lexi Capital’s services and links to set up an account on their website.

You can return your Gold Assurance Plan product within six months if you are not satisfied.

  • Gold and silver investments are streamlined.
  • Submit an Express IRA application.
  • Combine gold with other assets in your account.
  • Few details are provided on the website.
  • Slow response times on phone calls

It is important for consumers to be aware of the risks associated with investing in gold or other precious metal IRAs. You should be wary of advertisements that tout the potential for substantial gains with minimal risk. The past performance of any investment is not necessarily indicative of future results. You should also be aware of the fees associated with any investment before committing to it.

About Lexi Capital

To start a self-directed IRA with Lexi Capital, you must first download an application or use the online express IRA form to apply. You must then provide your personal information and your social security number. You must also provide your recent retirement account statements in order to transfer them. An advisor will help you choose the gold and silver investments that are right for you. Finally, you can answer your questions and learn more about them.

Precious metal prices may fluctuate rapidly, which makes gold and silver an excellent way to diversify your retirement savings. Lexi Capital’s Gold Assurance Plan buffers IRA investors from global and economic situations.

With the Gold Assurance Plan, you can safeguard your gold and silver coins for six months against price declines of up to $500 per ounce. In addition to bullion coins, the Gold Assurance Plan is available for an additional fee.

To start an IRA, you must fill out an application or use the Express IRA online form. You may also download an application or use the Express IRA online form to request an IRA. Furthermore, you must provide your Social Security number and other personal information. You will then be assisted by an advisor as you select your retirement assets. Finally, you must provide your recent retirement account statements in order to make a transfer. You may also select gold and silver investments.

Lexi Capital Gold IRA Fees

There are no account management, storage, or transaction fees published on Lexi Capital’s website. The minimum investment required is $1,500, which is lower than most other gold IRA companies. There are no new account fees if your initial investment is at least $15,000.

Lexi Capital’s cancellation fee is $45 more than the market loss policy if one exists. We weren’t able to locate any information on this policy.

Within three days of buying, Lexi Capital may charge you $45 in addition to any ‘market loss’ if you change or return your purchase.

For IRA management fees of less than $50k, the first year is $285, and subsequent years are $180. Bullion storage in an IRS-approved vault is provided. For IRA management fees of over $50k, there is no fee. There are two segregated storage options, each of which costs $150 per year. Shipping fees for non-IRA precious metals of $14.95 apply. They may be applied for a 3% discount on shipping orders paid with checks, wire transfers, or cash.

15 dollars and 95 cents are what it costs.

Save 3% on shipping when paying with checks, wire transfers, or cash.

Within three days of purchasing a Lexi Capital investment, you may return or exchange it for another comparable investment, as long as you call the firm. If you choose to cancel your investment, you will be charged $45 in addition to the ‘market loss’ that the firm incurs.

How to Set Up a Lexi Capital Gold IRA – Easier Than You Think!

Setting up a traditional or Roth IRA through Lexi Capital’s website is simple. You can also use the forms provided here or call to do so. Take advantage of the Express IRA application link at the top of every page to get your account started. It’s quick and easy.

You can establish either a traditional or Roth IRA by using the forms on Lexi Capital’s website or by calling. You can also find a link at the top of every page on the site for express IRA applications. Completing this form is an easy way to begin setting up your new account.

Lexi Capital Complaints & Reviews

Lexi Capital has recently been accredited with an A+ grade by the Better Business Bureau. The Business Consumer Alliance gives the firm a AAA rating. Gold IRA Guide and Sophisticated Investor both give Lexi Capital 4 out of 5 stars.

The gold IRA specialists at Lexi Capital appear to have received a lot of education, as numerous consumer reviews on Yelp, TrustLink, and Google attest. One person said they were frustrated with the repricing policy and that they were still waiting for a call to place an order.

Lexi Capital has just been accredited with an A+ rating by the Better Business Bureau. The Business Consumer Alliance gives the firm a AAA rating. Gold IRA Guide and Sophisticated Investor both give the company a 4 out of 5 ratings.

Lexi Capital IRA Custodian Options

Lexi Capital uses STRATA Trust Company, a custodian based in Austin, Texas, as a partner. STRATA was founded in 2008 as a Horizon Bank subsidiary and now offers Self Directed IRA Services Inc. STRATA has 46 employees and has served 40,000 customers. The firm has $3 billion in assets under management.

Lexi Capital does not act as custodian for your gold IRA, unlike competitor Regal Assets. It is a legal requirement for precious metal IRAs to have a custodian. You cannot be a custodian yourself because the IRA custodian is responsible for maintaining all IRS reporting and paperwork.

Lexi Capital works with STRATA Trust Company, based in Austin, Texas, to provide custodianship. STRATA was established in 2008 as a subsidiary of Horizon Bank and now known as Self Directed IRA Services Inc. STRATA has 46 employees and has served 40,000 clients. It has $3 billion in assets under management.

Lexi Capital Account Minimum – Getting Started

According to IRS regulations, you are permitted to invest a maximum of $6,000 annually into your IRA account if you are under 50 years old, or a maximum of $7,000 if you are over 50 years old.

Lexi Capital’s minimum investment is $1,500, nearly as low as competitor Noble Gold’s $2,000 minimum. Because competitor Goldco requires a $25,000 investment, $1,500 may be a good choice for investors with limited capital. Since low-income or younger investors, in particular, may benefit from it, Lexi Capital may be a good choice.

You can invest a maximum of $7,000 per year into your IRAs if you are over 50 years old, or a maximum of $6,000 if you are under 50 years old, provided you comply with IRS regulations.

Lexi Capital IRA Rollovers and Transfers

Lexi Capital can establish either a traditional or Roth IRA for you if you already have an IRA or 401(k). You may use the Express IRA application form online to apply for either account type.

If you already have an IRA or 401(k) account, Lexi Capital will set up a transfer or rollover of your funds. You can establish either a traditional or a Roth IRA account. You may request an Express IRA account online by using the application form.

Lexi Capital Summary

Lexi Capital, an IRA-compatible gold bullion firm based in North Carolina, offers gold IRAs and returns-and-exchanges for IRA investors. If you are concerned about purchasing gold for your IRA and making a mistake, Lexi Capital provides a solution. The Gold Assurance Program, which protects IRA investors from gold price declines for up to six months after purchase, is one of the company’s key distinctions. We don’t fully endorse the company due to a lack of transparency in pricing and choice, however.

Lexi Capital, a gold IRA firm headquartered in North Carolina, provides IRA-friendly bullion as well as IRAs. If you’re worried about making a mistake when buying gold for your IRA, Lexi Capital is an ideal antidote. Beyond its Gold Assurance Program, which safeguards gold purchasers against the decline in gold prices for up to six months after making a purchase, what makes the company stand out is its returns and exchange policy. We hesitate to fully endorse it, however, due to its lack of transparency in pricing and selection.

The Next Step

 Protect Your Wealth By Diversifying In Precious Metals! Investing in precious metals through an IRA can be a wise decision if you want to make sure that your money keeps its value over time or if you’re going to hedge against inflation and the possibility of global financial instability.

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