Not just is it backed by Joe Montana, it’s likewise one of the only gold individual retirement account companies without any unfavorable complaints on the BBB. Should you trust them with your retirement cost 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 much better gold IRA supplier.
To open a gold IRA, the account minimum is $50,000, which is higher than many competitors. If you have the cash, they have lower annual fees than some other companies. Augusta Precious Metals may be the ideal gold IRA business for you if you: Are still uncertain and want to discover buying gold before taking the leap, Want to be guided 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 factors 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 formula. They believe in informing their consumers and making the effort to comprehend your objectives. You don’t rush into any huge choices.
They start 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 notably, a personal video chat to teach you about purchasing 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 supplier with over 45 years of experience. Augusta will serve as your intermediary to Equity Trust.
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 coverage provided by London underwriters. The Augusta ghysical gold and silver IRA is among the best on the market, as you can see in the comparison with their competitors listed below.
They have actually never turned down a demand. You can sell your gold on your own, obviously. However that includes discovering a buyer or local gold dealership, and searching for the very best costs. With Augusta Precious Metals, you can have comfort understanding they could buy it back at competitive costs.
Your custodian can organize those visits. Now that you’ve got a solid idea of what Augusta Valuable Metals is and the services they provide, let’s compare it to other rare-earth elements IRA companies worth thinking about. 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 charge which includes a one-time IRA account set-up cost of $50, in addition to a $30 wire fee. Yearly maintenance is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Costs for gold storage and custodianship can differ depending upon the company you select to deal with these services (needed by the internal revenue service, as all individual retirement account assets should be handled by a custodian).
Goldco does not charge any storage fees for money deals over $25,000. Depending on the choices you pick, Goldco might have a slightly higher yearly fee than Augusta Precious Metals. If you make at least $50,000 financial investment, they use 5% back in premium silver.
Clients give Goldco similar reviews. Both business are understood for personalized service and outstanding client support. One area Goldco stands out in is that they promise to buy back your gold at the highest cost. This gives 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 very first year for accounts over $50,000. Simply like Augusta Precious Metals, Birch Gold gets terrific reviews from customers.
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They’ve partnered with custodian Equity Trust to offer their gold and silver IRAs. Equity Trust has been around for over 45 years and holds over $34 billion in properties. And the gold and silver in your individual retirement account is securely saved with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance through London underwriters.
They have typical customer ratings of over 4. 9 stars. If you’re still worried, take an appearance at this valuable guide from the CTFC on how to determine precious metals scams. Augusta Valuable Metals is finest for retirement investors thinking about protecting 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 best to purchase. Valuable metals can be a good way to diversify your assets and hedge against stock market volatility.
Their costs are similar to other gold IRA service providers. Keep in mind: This site is made possible through financial relationships with some of the product or services mentioned on this site. We may get compensation if you shop through links in our material. You do not need to use our links, but you help support Credit, Donkey if you do.