Not only is it endorsed by Joe Montana, it’s also one of the only gold individual retirement account business with no unfavorable problems on the BBB. Should you trust them with your retirement savings? Here’s a detailed evaluation of Augusta Precious Metals. Continue reading to discover 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 greater than numerous rivals. If you have the cash, they have lower yearly charges than some other companies. Augusta Valuable Metals might be the right gold IRA company for you if you: Are still undecided and wish to learn about investing in gold before taking the leap, Want to be guided through every action, Have at least $50,000 to rollover or invest If you just desire to invest a percentage into gold instead, check at Goldco.
Here are 3 factors that set Augusta Valuable Metals apart. Investing your cost savings in gold can be frightening, but Augusta Valuable Metals takes the fear out of the equation.
They begin by giving you a totally free gold coin simply to discover gold Individual retirement accounts. You’ll receive the “Ultimate Guide to Gold IRAs” and, more importantly, a private video chat to teach you about purchasing gold, the threats and rewards, and rip-offs to prevent. And it does not stop there.
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Augusta Valuable Metals’ preferred custodian is Equity Trust. They’re a self-directed individual retirement account provider with over 45 years of experience. They serve clients in all 50 states and hold over $34 billion in possessions. Augusta will work as your liaison to Equity Trust. Naturally, you have access to them anytime you desire.
Your gold and other valuable 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 coverage offered by London underwriters. The Augusta ghysical gold and silver individual retirement account is one of the finest on the market, as you can see in the comparison with their rivals listed below.
They have never turned down a request. You can offer your gold by yourself, of course. That involves discovering a buyer or regional gold dealer, and browsing for the finest rates. With Augusta Precious Metals, you can have assurance knowing they might buy it back at competitive rates.
Your custodian can set up those visits. Now that you’ve got a strong concept of what Augusta Precious Metals is and the services they use, let’s compare it to other valuable metals IRA companies worth thinking about. Here’s how Augusta Rare-earth elements withstands some of its top competitors: 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 cost of $50, in addition to a $30 wire charge. Yearly 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 on the company you select to deal with these services (needed by the IRS, as all IRA possessions need to be handled by a custodian).
Goldco does not charge any storage costs for money transactions over $25,000. Depending on the alternatives you pick, Goldco might have a slightly higher annual cost than Augusta Precious Metals. If you make at least $50,000 financial investment, they offer 5% back in premium silver.
One location Goldco stands out in is that they promise to buy back your gold at the greatest cost. This gives you more security understanding that you’re not stuck with your gold and can offer it back at a good cost.
And they waive costs in the very first year for accounts over $50,000. Simply like Augusta Precious Metals, Birch Gold gets excellent reviews from consumers. You get a dedicated specialist for the entire life of your account with Birch. This expert will comprehend your financial needs and objectives, and can provide customized suggestions to assist you finest reach your objectives.
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They’ve partnered with custodian Equity Trust to supply their gold and silver IRAs. Equity Trust has actually been around for over 45 years and holds over $34 billion in properties. And the gold and silver in your IRA is securely saved with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance through London underwriters.
They have average customer scores of over 4. Augusta Valuable Metals is finest for retirement financiers interested in preserving their wealth and diversifying their cost savings. And who desire to invest at least $50,000 into gold.
There’s no surefire way of knowing which metal is the best to buy. Valuable metals can be an excellent method to diversify your assets and hedge against stock market volatility.
However their fees are similar to other gold IRA service providers. Keep in mind: This website is enabled through financial relationships with a few of the services and products pointed out on this site. We might get settlement if you shop through links in our content. You do not need to use our links, but you assist support Credit, Donkey if you do.