Not only is it backed by Joe Montana, it’s also one of the only gold IRA business without any unfavorable grievances on the BBB. Should you trust them with your retirement cost savings? Here’s a detailed evaluation of Augusta Precious Metals. Continue reading to find out the pros, cons, what sets them apart, and if there’s a better gold individual retirement account service provider.
To open a gold individual retirement account, the account minimum is $50,000, which is higher than many rivals. If you have the money, they have lower annual costs than some other companies. Augusta Precious Metals might be the ideal gold IRA company for you if you: Are still undecided and wish to learn about buying gold prior to taking the leap, Wish to be directed through every action, Have at least $50,000 to rollover or invest If you only want to invest a little amount into gold instead, check at Goldco.
Here are 3 reasons that set Augusta Precious Metals apart. Investing your cost savings in gold can be scary, however Augusta Precious Metals takes the worry out of the equation. They believe in educating their clients and making the effort to understand your objectives. You do not rush into any big choices.
They start by giving you a complimentary gold coin simply to learn more about gold Individual retirement accounts. You’ll get the “Ultimate Guide to Gold IRAs” and, more notably, a personal video chat to teach you about purchasing gold, the threats and rewards, and frauds to prevent. And it doesn’t stop there.
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They’re a self-directed Individual retirement account service provider with over 45 years of experience. Augusta will serve as your liaison to Equity Trust.
In addition to the depository’s physical security, your gold and silver will be protected by $1 billion all-risk insurance coverage provided 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.
That involves discovering a purchaser or local gold dealership, and browsing for the finest costs. With Augusta Precious Metals, you can have peace of mind knowing they might buy it back at competitive prices.
Your custodian can arrange those visits. 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 rare-earth elements individual retirement account 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 favored Custodian charges a flat annual account service charge which consists of a one-time IRA account set-up charge of $50, along with a $30 wire fee. Annual 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 manage these services (needed by the IRS, as all individual retirement account assets should be managed by a custodian).
35% to 1% every year. Goldco does not charge any storage costs for cash transactions over $25,000. Let’s begin with some essential stats. Goldco has a minimum investment of $25,000. Depending upon the alternatives you choose, Goldco could have a somewhat higher yearly fee than Augusta Valuable Metals. But if you make a minimum of $50,000 financial investment, they offer 5% back in premium silver.
Clients provide Goldco comparable evaluations. Both business are known for personalized service and excellent customer assistance. One area Goldco sticks out in is that they guarantee to buy back your gold at the highest price. This provides you more security understanding that you’re not stuck to your gold and can sell it back at a great cost.
And they waive costs in the first year for accounts over $50,000. Simply like Augusta Valuable Metals, Birch Gold gets excellent evaluations from customers.
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They have actually partnered with custodian Equity Trust to offer their gold and silver Individual retirement accounts. 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 safely saved with depositories like Delaware Depository, which is protected by $1 billion all-risk insurance through London underwriters.
They have average customer scores of over 4. 9 stars. If you’re still worried, take a look at this handy guide from the CTFC on how to identify rare-earth elements scams. Augusta Valuable Metals is best for retirement financiers interested in preserving their wealth and diversifying their savings. And who desire to invest at least $50,000 into gold.
There’s no surefire way of understanding which metal is the best to purchase. Precious metals can be a good method to diversify your possessions and hedge against stock market volatility.
Their costs are similar to other gold IRA providers. Note: This website is made possible through monetary relationships with some of the products and services mentioned on this site.