Not only is it backed by Joe Montana, it’s likewise one of the only gold IRA companies without any negative problems on the BBB. Should you trust them with your retirement cost savings? Here’s a detailed evaluation of Augusta Precious Metals. Read on to learn the pros, cons, what sets them apart, and if there’s a better gold individual retirement account supplier.
To open a gold individual retirement account, the account minimum is $50,000, which is higher than numerous competitors. If you have the money, they have lower annual costs than some other companies. Augusta Rare-earth elements might be the ideal gold individual retirement account company for you if you: Are still undecided and wish to learn more about purchasing gold before taking the leap, Want to be guided through every action, Have at least $50,000 to rollover or invest If you only wish to invest a percentage into gold instead, check at Goldco.
Here are 3 reasons that set Augusta Valuable Metals apart. Investing your cost savings in gold can be frightening, but Augusta Valuable Metals takes the worry out of the equation.
They begin by providing you a free gold coin just to find out about gold IRAs. You’ll get the “Ultimate Guide to Gold IRAs” and, more significantly, a private video chat to teach you about investing in gold, the threats and benefits, and rip-offs to prevent. And it doesn’t stop there.
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Augusta Precious Metals’ favored custodian is Equity Trust. They’re a self-directed individual retirement account provider with over 45 years of experience. They serve consumers in all 50 states and hold over $34 billion in assets. Augusta will serve as your intermediary to Equity Trust. Of course, you have access to them anytime you want.
In addition to the depository’s physical security, your gold and silver will be secured by $1 billion all-risk insurance provided by London underwriters. The Augusta ghysical gold and silver IRA is one of the finest on the market, as you can see in the contrast with their competitors listed below.
That includes discovering a buyer or local gold dealership, and searching for the best rates. With Augusta Valuable Metals, you can have peace of mind understanding they could purchase it back at competitive prices.
Your custodian can arrange those visits. 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 suppliers worth considering. Here’s how Augusta Precious Metals withstands some of its leading competitors: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s preferred Custodian charges a flat yearly account service charge which includes a one-time IRA account set-up charge of $50, as well as a $30 wire cost. Annual 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 deal with these services (required by the internal revenue service, as all IRA properties should be managed by a custodian).
Goldco does not charge any storage fees for money deals over $25,000. Depending on the options you select, Goldco might have a slightly greater yearly charge than Augusta Precious Metals. If you make at least $50,000 financial investment, they provide 5% back in premium silver.
Customers give Goldco similar reviews. Both companies are understood for individualized service and exceptional consumer assistance. One location Goldco stands out in is that they guarantee to redeem your gold at the greatest price. This offers you more security knowing that you’re not stuck to your gold and can sell it back at an excellent rate.
And they waive charges in the very first year for accounts over $50,000. Much Like Augusta Rare-earth Elements, Birch Gold gets fantastic reviews from consumers. You get a dedicated specialist for the entire life of your account with Birch. This expert will comprehend your monetary requirements and goals, and can provide individualized recommendations to assist you finest reach your goals.
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They’ve partnered with custodian Equity Trust to provide their gold and silver IRAs. 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 securely stored with depositories like Delaware Depository, which is safeguarded by $1 billion all-risk insurance coverage through London underwriters.
They have typical consumer ratings of over 4. 9 stars. If you’re still worried, take an appearance at this useful guide from the CTFC on how to identify valuable metals fraud. Augusta Valuable Metals is finest for retirement investors thinking about maintaining their wealth and diversifying their savings. And who wish to invest at least $50,000 into gold.
However, there’s no surefire way of knowing which metal is the finest to purchase. Forecasting the marketplace is challenging, and even specialists frequently make errors. Rare-earth elements can be a good way to diversify your properties and hedge versus stock market volatility. However, they do not produce extra wealth and don’t have the growth capacity of stocks.
Their charges are equivalent to other gold IRA service providers. Note: This website is made possible through financial relationships with some of the items and services mentioned on this website.