Not just is it endorsed by Joe Montana, it’s also one of the only gold IRA companies with no negative complaints on the BBB. Here’s an in-depth evaluation of Augusta Precious Metals.
To open a gold IRA, the account minimum is $50,000, which is higher than many competitors. But 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 business for you if you: Are still unsure and wish to find out about purchasing gold before taking the leap, Wish 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 rather, check at Goldco.
Here are 3 factors that set Augusta Valuable Metals apart. Investing your cost savings in gold can be frightening, however Augusta Valuable Metals takes the worry out of the formula.
They begin by giving you a free gold coin just to learn more about gold Individual retirement accounts. You’ll receive the “Ultimate Guide to Gold IRAs” and, more significantly, a personal video chat to teach you about buying gold, the risks and benefits, and scams to prevent. And it does not stop there.
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Augusta Precious Metals’ favored custodian is Equity Trust. They’re a self-directed IRA supplier with over 45 years of experience. They serve customers in all 50 states and hold over $34 billion in assets. Augusta will act as your intermediary to Equity Trust. Obviously, you have access to them anytime you want.
Your gold and other valuable metals are kept 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 secured by $1 billion all-risk insurance supplied by London underwriters. The Augusta ghysical gold and silver IRA is among the best on the marketplace, as you can see in the comparison with their competitors listed below.
However, they have never ever turned down a request. You can sell your gold on your own, naturally. But that involves discovering a purchaser or regional gold dealership, and searching for the very best prices. With Augusta Precious Metals, you can have comfort understanding they might purchase it back at competitive costs.
Your custodian can organize those sees. Now that you’ve got a strong concept of what Augusta Valuable Metals is and the services they use, let’s compare it to other valuable metals individual retirement account service providers worth considering. Here’s how Augusta Rare-earth elements withstands some of its top rivals: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s favored 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. Fees for gold storage and custodianship can differ depending on the company you choose to deal with these services (required by the IRS, as all IRA properties must be handled by a custodian).
35% to 1% every year. Goldco does not charge any storage costs for cash deals over $25,000. Let’s begin with some crucial stats. Goldco has a minimum investment of $25,000. Depending on the choices you select, Goldco could have a slightly higher annual cost than Augusta Precious Metals. But if you make a minimum of $50,000 financial investment, they use 5% back in premium silver.
One area Goldco stands out in is that they guarantee to buy back your gold at the greatest price. This offers you more security understanding that you’re not stuck with your gold and can sell it back at a great rate.
And they waive fees in the first year for accounts over $50,000. Simply like Augusta Valuable Metals, Birch Gold gets excellent evaluations from consumers.
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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 IRA is securely kept with depositories like Delaware Depository, which is protected by $1 billion all-risk insurance coverage through London underwriters.
They have average customer scores of over 4. Augusta Precious Metals is best for retirement investors interested in maintaining their wealth and diversifying their savings. And who want to invest at least $50,000 into gold.
There’s no guaranteed way of understanding which metal is the finest to purchase. Valuable metals can be an excellent method to diversify your assets and hedge versus stock market volatility.
However their charges are similar to other gold IRA suppliers. Note: This site is made possible through monetary relationships with some of the services and products discussed on this site. We may get settlement if you go shopping through links in our material. You do not need to utilize our links, however you assist support Credit, Donkey if you do.