Not only is it backed by Joe Montana, it’s likewise one of the only gold IRA companies without any unfavorable grievances on the BBB. Should you trust them with your retirement savings? Here’s a comprehensive review of Augusta Valuable Metals. Continue reading to find out the pros, cons, what sets them apart, and if there’s a better gold IRA supplier.
To open a gold individual retirement account, the account minimum is $50,000, which is greater than lots of rivals. If you have the money, they have lower annual charges than some other companies. Augusta Precious Metals may be the right gold individual retirement account company for you if you: Are still undecided and wish to discover investing in gold prior to taking the leap, Wish to be directed through every action, Have at least $50,000 to rollover or invest If you only desire to invest a small quantity into gold rather, check at Goldco.
Here are 3 reasons that set Augusta Valuable Metals apart. Investing your savings in gold can be scary, however Augusta Valuable Metals takes the worry out of the equation. They believe in educating their customers and putting in the time to understand your goals. You don’t hurry into any big decisions.
They begin by providing you a free gold coin just to discover gold IRAs. You’ll receive the “Ultimate Guide to Gold IRAs” and, more notably, a private video chat to teach you about buying gold, the risks and benefits, and frauds to prevent. And it does not stop there.
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Augusta Rare-earth elements’ preferred custodian is Equity Trust. They’re a self-directed individual retirement account service provider with over 45 years of experience. They serve consumers in all 50 states and hold over $34 billion in possessions. Augusta will serve as your intermediary to Equity Trust. Of course, you have access to them anytime you desire.
Your gold and other rare-earth elements are saved 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 supplied by London underwriters. The Augusta ghysical gold and silver individual retirement account is among the best on the market, as you can see in the comparison with their competitors listed below.
That includes finding a purchaser or local gold dealership, and searching for the finest costs. With Augusta Precious Metals, you can have peace of mind understanding they might purchase it back at competitive rates.
Your custodian can set up those visits. Now that you’ve got a solid idea of what Augusta Precious Metals is and the services they use, let’s compare it to other valuable metals IRA service providers worth considering. Here’s how Augusta Precious Metals stands up to a few of its top rivals: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s preferred Custodian charges a flat annual account service fee which consists of a one-time IRA account set-up charge of $50, along with a $30 wire cost. Yearly maintenance is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Fees for gold storage and custodianship can vary depending upon the business you choose to manage these services (required by the internal revenue service, as all individual retirement account properties must be handled by a custodian).
35% to 1% every year. Goldco does not charge any storage charges for money transactions over $25,000. Let’s start with some important statistics. Goldco has a minimum investment of $25,000. Depending upon the options you choose, Goldco might have a slightly greater annual charge than Augusta Precious Metals. But if you make at least $50,000 financial investment, they use 5% back in premium silver.
One area Goldco stands out in is that they assure to buy back your gold at the greatest rate. This offers you more security understanding that you’re not stuck with your gold and can offer it back at a good rate.
And they waive fees in the first year for accounts over $50,000. Just like Augusta Valuable Metals, Birch Gold gets great reviews from consumers.
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They’ve partnered with custodian Equity Trust to offer their gold and silver Individual retirement accounts. Equity Trust has been around for over 45 years and holds over $34 billion in possessions. And the gold and silver in your individual retirement account is securely saved with depositories like Delaware Depository, which is protected by $1 billion all-risk insurance coverage through London underwriters.
They have typical customer scores of over 4. Augusta Valuable Metals is best for retirement investors interested in preserving their wealth and diversifying their cost savings. And who want to invest at least $50,000 into gold.
There’s no guaranteed method of knowing which metal is the best to purchase. Valuable metals can be an excellent way to diversify your properties and hedge versus stock market volatility.
Their fees are equivalent to other gold IRA providers. Keep in mind: This site is made possible through monetary relationships with a few of the items and services discussed on this site. We might receive settlement if you shop through links in our content. You do not need to utilize our links, but you help support Credit, Donkey if you do.