Not just is it endorsed by Joe Montana, it’s likewise among the only gold individual retirement account business with no negative problems on the BBB. Should you trust them with your retirement cost savings? Here’s an in-depth evaluation of Augusta Precious Metals. Keep reading to learn the pros, cons, what sets them apart, and if there’s a much better gold IRA provider.
To open a gold individual retirement account, the account minimum is $50,000, which is greater than many competitors. However if you have the cash, they have lower annual costs than some other business. Augusta Precious Metals may be the right gold individual retirement account company for you if you: Are still unsure and want to discover investing in gold before taking the leap, Want to be directed through every action, Have at least $50,000 to rollover or invest If you only want to invest a percentage into gold instead, check at Goldco.
Here are 3 reasons that set Augusta Precious Metals apart. Investing your cost savings in gold can be scary, however Augusta Valuable Metals takes the worry out of the equation.
They begin by giving you a free gold coin simply to find out about gold IRAs. You’ll receive the “Ultimate Guide to Gold IRAs” and, more importantly, a private video chat to teach you about purchasing gold, the threats and benefits, and frauds to avoid. And it doesn’t stop there.
About Augusta Precious Metals Reviews [May 2023] Pros & Cons
Augusta Precious Metals’ preferred custodian is Equity Trust. They’re a self-directed individual retirement account supplier with over 45 years of experience. They serve customers in all 50 states and hold over $34 billion in possessions. Augusta will act as your liaison to Equity Trust. Obviously, you have access to them anytime you want.
Your gold and other valuable metals are stored with the IRS-compliant Delaware Depository, the exchange-approved depository for CME (Chicago Mercantile Exchange) and ICE (Intercontinental Exchange). In addition to the depository’s physical security, your gold and silver will be safeguarded by $1 billion all-risk insurance coverage supplied by London underwriters. The Augusta ghysical gold and silver individual retirement account is one of the very best on the market, as you can see in the contrast with their competitors below.
That involves finding a buyer or regional gold dealer, and browsing for the finest costs. With Augusta Valuable Metals, you can have peace of mind understanding they could buy it back at competitive rates.
Your custodian can arrange those check outs. Now that you’ve got a strong idea of what Augusta Valuable Metals is and the services they provide, let’s compare it to other rare-earth elements individual retirement account service providers worth thinking about. Here’s how Augusta Precious Metals withstands a few of its top competitors: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s preferred Custodian charges a flat yearly account service fee which consists of a one-time IRA account set-up cost of $50, in addition to a $30 wire cost. Annual upkeep is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Costs for gold storage and custodianship can vary depending on the company you choose to deal with these services (required by the internal revenue service, as all IRA possessions must be managed by a custodian).
35% to 1% each year. Goldco does not charge any storage fees for money transactions over $25,000. Let’s start with some important stats. Goldco has a minimum financial investment of $25,000. Depending upon the options you choose, Goldco could have a somewhat higher annual cost than Augusta Valuable Metals. However if you make a minimum of $50,000 investment, they offer 5% back in premium silver.
Consumers offer Goldco comparable evaluations. Both business are understood for individualized service and exceptional customer assistance. One area Goldco stands apart in is that they assure to redeem your gold at the greatest cost. This gives you more security understanding that you’re not stuck to your gold and can sell it back at an excellent cost.
And they waive costs in the very first year for accounts over $50,000. Simply like Augusta Precious Metals, Birch Gold gets terrific reviews from consumers.
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They’ve partnered with custodian Equity Trust to supply their gold and silver Individual retirement accounts. Equity Trust has been around for over 45 years and holds over $34 billion in assets. And the gold and silver in your individual retirement account is safely saved with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance through London underwriters.
They have typical customer rankings of over 4. Augusta Precious Metals is best for retirement financiers interested in maintaining their wealth and diversifying their cost savings. And who desire to invest at least $50,000 into gold.
There’s no surefire way of understanding which metal is the finest to buy. Precious metals can be a good way to diversify your assets and hedge against stock market volatility.
Their costs are comparable to other gold IRA suppliers. Note: This website is made possible through financial relationships with some of the items and services pointed out on this website.