Not just is it backed by Joe Montana, it’s also one of the only gold IRA companies without any negative grievances on the BBB. Should you trust them with your retirement savings? Here’s an in-depth review of Augusta Valuable Metals. Continue reading to discover the pros, cons, what sets them apart, and if there’s a much better gold IRA provider.
To open a gold individual retirement account, the account minimum is $50,000, which is greater than lots of competitors. But if you have the money, they have lower annual charges than some other business. Augusta Valuable Metals may be the right gold IRA company for you if you: Are still unsure and want to discover about buying gold before taking the leap, Wish to be assisted through every step, Have at least $50,000 to rollover or invest If you just wish to invest a percentage into gold instead, check at Goldco.
Here are 3 factors that set Augusta Valuable Metals apart. Investing your savings in gold can be frightening, however Augusta Precious Metals takes the fear out of the equation. They believe in informing their clients and making the effort to understand your objectives. So you don’t rush into any big choices.
They begin by giving you a free gold coin simply to discover gold IRAs. You’ll receive the “Ultimate Guide to Gold IRAs” and, more importantly, a personal video chat to teach you about investing in gold, the threats and rewards, and scams to avoid. And it does not stop there.
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Augusta Rare-earth elements’ favored custodian is Equity Trust. They’re a self-directed IRA service provider with over 45 years of experience. They serve consumers in all 50 states and hold over $34 billion in possessions. Augusta will work as your intermediary to Equity Trust. Naturally, you have access to them anytime you desire.
Your gold and other precious metals are stored 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 protected by $1 billion all-risk insurance offered by London underwriters. The Augusta ghysical gold and silver IRA is among the best on the marketplace, as you can see in the contrast with their rivals below.
They have actually never turned down a request. You can sell your gold on your own, of course. However that includes discovering a buyer or regional gold dealer, and browsing for the very best prices. With Augusta Rare-earth Elements, you can have peace of mind knowing they might purchase it back at competitive rates.
Your custodian can organize those sees. Now that you’ve got a solid concept of what Augusta Valuable Metals is and the services they use, let’s compare it to other rare-earth elements IRA companies worth considering. Here’s how Augusta Valuable Metals stands up to some of its top rivals: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s favored Custodian charges a flat yearly account service charge that 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. Fees for gold storage and custodianship can differ depending upon the business you choose to handle these services (needed by the internal revenue service, as all IRA properties need to be handled by a custodian).
35% to 1% every year. Goldco does not charge any storage charges for money deals over $25,000. Let’s start with some essential stats. Goldco has a minimum investment of $25,000. Depending upon the alternatives you pick, Goldco might have a somewhat higher annual charge than Augusta Precious Metals. However if you make a minimum of $50,000 investment, they offer 5% back in premium silver.
One location Goldco stands out in is that they guarantee to buy back your gold at the highest rate. This offers you more security knowing that you’re not stuck with your gold and can offer it back at a good cost.
And they waive charges in the first year for accounts over $50,000. Similar To Augusta Rare-earth Elements, Birch Gold gets excellent reviews from clients. You get a dedicated specialist for the whole life of your account with Birch. This expert will understand your financial requirements and goals, and can offer customized suggestions to help you best reach your objectives.
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They’ve partnered with custodian Equity Trust to supply their gold and silver Individual retirement accounts. Equity Trust has actually been around for over 45 years and holds over $34 billion in assets. And the gold and silver in your IRA is safely kept with depositories like Delaware Depository, which is safeguarded by $1 billion all-risk insurance through London underwriters.
They have typical consumer ratings of over 4. Augusta Precious Metals is best for retirement investors interested in maintaining 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 buy. Valuable metals can be a good method to diversify your possessions and hedge versus stock market volatility.
Their fees are comparable to other gold IRA providers. Keep in mind: This site is made possible through monetary relationships with some of the products and services discussed on this site.