Vaulted Frequently Asked Questions
How much does the purchase cost?
All purchases include a one-time 1.8% fee. This fee is deducted from the wholesale price of gold at the time of your transaction. This fee includes all spreads, premiums and commissions. It is added to the wholesale price of gold when you trade. The Vaulted app clearly shows the current wholesale price, your bid price (ask) and your ask (bid). With Vaulted, you will never run into hidden costs.
What is the maintenance fee?
The maintenance fee is charged semi-annually, that is, half of the annual fee is charged to the customer in July each year, and the other half of the annual fee is charged to the customer in January of the following year. Maintenance fees are usually deducted from the cash balance of your Vaulted account. Alternatively, if there is no cash balance to cover the fee within 30 days of invoicing, the fee will be automatically deducted from your gold balance. IMPORTANT: The maintenance fee disappears once you choose to pick up.
Does Vaulted have any tax benefits?
Vaulted is the most tax-friendly way to invest in gold. Gold-backed ETFs, other online gold accounts and physical coins/bars are taxed in the US as collectibles, which means they face a 28% long-term capital gains tax rate regardless of the investor's tax bracket. Most other assets, such as stocks, have a long-term return on capital of 15-20%. Vaulted allows investors to own physical gold with the same capital gains tax treatment as stocks. This can reduce your tax liability by 30-50% compared to other gold investment vehicles.
