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Orion Exchange Gold IRA Reviews and Fees
Concerned about how the economy may impact your plans for a comfortable retirement?
If you’re like us, and most Americans, you’re contributing to an 401(k) or employer-sponsored retirement plan. These plans normally don’t allow investments in physical precious metals.
If you want to diversify your holdings with gold and silver (“alternative assets”), the IRS has specific requirements. Utilizing a company that specializes in these gold IRA 401(k) accounts will make sure you comply with the IRS requirements.
Orion Metal Exchange is one of these “Gold IRA specialists” and they are ready to facilitate your new precious metals IRA.
Thank you for visiting our Orion Metal Exchange review (2022). In this in-depth review, you’ll find information on Orion’s precious metals IRAs, customer ratings, low fee model, buy-back program, pros & cons, and much more.
Disclosure: The owners of this website may be paid to recommend Goldco or other companies. The content on this website, including any positive reviews of Goldco and other reviews, may not be neutral or independent.
Overall Rating
- Lower Minimum Investment
- Competitive, Low Fees
Rating: 9.1/10
- A+ Rating with the Better Business Bureau
- High Ratings on Consumer Affairs
- Orion Metal Exchange
- 12301 Wilshire Blvd, Suite 412
- Los Angeles, CA 90025
- orionmetalexchange.com
- Products Available:
- Bullion Bars
- Bullion Coins
- Gold/Precious Metals IRA
- Platinum, Palladium
Orion believes that creating a plan that works best for your finances is their number one focus.
Gold Investment Overview (2022)
With each passing moment the United States is sliding further into debt and it is taking your savings, IRA, and 401(k) with it. Since the debt level is increasing so quickly it is hard to keep up with the current amount. But at last check it stood OVER $28,000,000,000,000.
Your financial security could be in danger. Do you have $250,000 or more in your IRA, 401(k), TSP, or savings account? You could be one of the first in line to have your money “borrowed” by institutions for what is referred to as a “bail-in”. They could take your money to stay solvent during this looming financial crisis.
This is 100% legal according to the Dodd-Frank Act.
You’ve worked hard; make sure to protect your hard earned savings!
Many people like you turn to safe haven investments to protect and grow their wealth during these hard and unsure times.
Orion Metal Exchange has been voted Best in Class Service by Retirement Living
Gold provides excellent diversification for your investment portfolio. This is because historically its price increases in response to events that cause decline in the value of paper investments – stocks, mutual funds, bonds and currencies. Precious metals are not tied to the dollar like stocks, bonds, and mutual funds and therefore stand on their own.
Investors are permitted to hold and store precious metals outside of the banking or financial systems, decreasing governmental control.
If you are looking to provide stability to your portfolio with a tried and true investment, physical gold bullion and precious metals could be a wise choice.
Learn how to protect your retirement savings
Orion Metal Exchange Evaluation
1. What Is Orion Metal Exchange?
Orion, also known as Orion Metal Exchange, is a full-service precious metals firm. They sell precious metals, can help with a gold IRA and also assist with liquidations.
Launched by Jacob Blalock in 2017, Orion Metal Exchange is relatively new to the precious metals industry. It is interesting to note that he was also a Founding Member of PATRIOT Gold Group.
They were accreditied by the Better Business Bureau in 2021.
Their team is proud to be a Consumer Affairs’ Top-Rated Precious Metals IRA dealer.
Orion Metal Exchange seeks to help you identify and invest in a precious metal that suits your retirement plan.
They are dedicated to providing industry-leading service.
2. Who Is Orion Metal Exchange Best For?
The financial crisis of 2008 saw the Dow Jones Industrial Average fall 777.68 points (the largest single-day loss in Dow Jones history) and took about 4 years to recover. For those who retired right before this crash it was a difficult time. If you are nearing retirement (or retired) and fearful of another financial crisis, precious metals can add stability when you need it the most.
Diversifying with precious metals can help minimize your risk and protect your wealth from stock market volatility. Gold and precious metals tend to move in the opposite direction of traditional securities. In other words, when the market is dropping, gold and silver can help you ride it out.
Companies can go under at any moment so you may want to own physical investments. Precious metals have been and will be around forever. If you want a physical, tangible item in your investment portfolio, precious metals may be a good choice.
3. Orion Metal Exchange Services
401k Rollover:
You can rollover an IRA to an IRA that allows you to hold a variety of approved precious metals with the help of Orion. They will help you with this process.
Precious Metal IRA’s (Traditional or Roth)
You will work with a personal and experienced account representative to handle the process.
Non-IRA Precious Metals
Anyone can buy non-IRA Precious Metals through Orion. Non-IRA purchased precious metals can be stored in a secure vault or delivered directly to your home.
4. Orion Precious Metals IRA Opening Process
Contact Orion Precious Metals for details on their IRA opening process.
5. Buy-Back Program
Orion does not specifically offer a buy-back program but they do offer liquidation services whether you have purchased through them or not.
6. Customer Ratings
As a newer company Orion does not have as many reviews as other Gold IRA providers. However the reviews they have received rate them highly.
It is difficult for companies to hide with the internet. Clients/customers can go online and vent any frustrations they have with the gold IRA companies.
Better Business Bureau
Orion has been accredited with the BBB since March 2021.
They have an A+ rating and 2 reviews.
Reviews average 5 out of 5 stars.
Their A+ is the top rating possible with the BBB.
Note: We do our best to keep ratings updated. Click on the links above to see the latest verified client reviews.
7. Orion Metal Exchange Investment Minimums
- Precious Metal IRAs
- Non-IRA Transactions (Cash Sales)
- $5,000
- No minimum
8. Low Fee Model
Orion offers competitive (and possibly lower than) industry average storage fees. Initial storage fees may be waived depending on purchase amount*.
9. * New Customer Specials
With an investment of $30,000 Orion will provide:
– one year free storage
– one year free insurance
– no custodian fee for one year
Please note that new customer specials are subject to change.
10. What About Storage?
Non-IRA metals can be stored at your home but not IRA metals. IRS regulations require that IRA Precious Metals be stored with a third-party depository.
Orion does not indicate which facilities they work with to provide storage for your metals.
11. Pros And Cons Of Orion Metal Exchange
Orion Pros
- Lower Minimum IRA Investment
- No minimum for non-IRA purchases
- Competitive, Low Fees
Orion Cons
- Not yet listed on trusted company listing directories
- Recent BBB listing
12. Orion Metal Exchange Customer Service
As previously mentioned, Retirement Living chose Orion Metal Exchange as Best in Class for their service.
The Company’s normal business hours are:
Monday to Friday: 7:00 am to 6:00 pm PST
If you need assistance visit Orion’s website.
