Not only is it backed by Joe Montana, it’s also one of the only gold individual retirement account companies with no unfavorable grievances on the BBB. Should you trust them with your retirement cost savings? Here’s a detailed review of Augusta Precious Metals. Continue reading to learn the pros, cons, what sets them apart, and if there’s a much better gold IRA company.
To open a gold individual retirement account, the account minimum is $50,000, which is higher than lots of rivals. But if you have the money, they have lower yearly costs than some other companies. Augusta Precious Metals may be the ideal gold IRA company for you if you: Are still unsure and wish to find out about investing in gold prior to taking the leap, Wish to be assisted through every action, Have at least $50,000 to rollover or invest If you just desire to invest a small amount into gold instead, check at Goldco.
Here are 3 reasons that set Augusta Precious Metals apart. Investing your cost savings in gold can be frightening, however Augusta Precious Metals takes the worry out of the equation.
They begin by offering you a complimentary gold coin simply to learn more about gold IRAs. You’ll get the “Ultimate Guide to Gold IRAs” and, more importantly, a personal video chat to teach you about buying gold, the risks and rewards, and frauds to avoid. And it does not stop there.
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They’re a self-directed IRA service provider with over 45 years of experience. Augusta will serve as your liaison to Equity Trust.
In addition to the depository’s physical security, your gold and silver will be secured by $1 billion all-risk insurance supplied by London underwriters. The Augusta ghysical gold and silver IRA is one of the finest on the market, as you can see in the comparison with their rivals below.
However, they have never ever refused a demand. You can offer your gold by yourself, of course. That includes discovering a buyer or local gold dealership, and searching for the finest rates. With Augusta Valuable Metals, you can have peace of mind knowing they might purchase it back at competitive costs.
Your custodian can arrange those check outs. Now that you’ve got a solid concept of what Augusta Precious Metals is and the services they use, let’s compare it to other precious metals IRA service providers worth considering. Here’s how Augusta Precious Metals withstands some of its leading rivals: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s favored Custodian charges a flat annual account service fee that includes a one-time IRA account set-up fee of $50, in addition to a $30 wire cost. Yearly upkeep is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Charges for gold storage and custodianship can differ depending upon the business you select to handle these services (required by the internal revenue service, as all individual retirement account properties need to be managed by a custodian).
35% to 1% each year. Goldco does not charge any storage costs for cash deals over $25,000. Let’s start with some essential statistics. Goldco has a minimum investment of $25,000. Depending on the alternatives you choose, Goldco could have a slightly higher yearly cost than Augusta Valuable Metals. If you make at least $50,000 investment, they provide 5% back in premium silver.
One area Goldco stands out in is that they guarantee to buy back your gold at the greatest rate. This gives you more security understanding that you’re not stuck with your gold and can sell it back at an excellent price.
And they waive charges in the first year for accounts over $50,000. Just like Augusta Precious Metals, Birch Gold gets great reviews from customers.
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They’ve partnered with custodian Equity Trust to supply their gold and silver IRAs. Equity Trust has been around for over 45 years and holds over $34 billion in possessions. And the gold and silver in your IRA is safely kept with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance coverage through London underwriters.
They have average customer scores of over 4. Augusta Valuable Metals is best for retirement investors interested in preserving their wealth and diversifying their savings. And who desire to invest at least $50,000 into gold.
There’s no guaranteed way of understanding which metal is the finest to buy. Predicting the marketplace is tricky, and even specialists regularly make mistakes. Valuable metals can be a great way to diversify your properties and hedge against stock market volatility. They do not generate additional wealth and don’t have the development potential of stocks.
Their fees are equivalent to other gold Individual retirement account service providers. Note: This website is made possible through monetary relationships with some of the products and services mentioned on this website.