Not only is it backed by Joe Montana, it’s also among the only gold individual retirement account companies with no negative grievances on the BBB. Should you trust them with your retirement savings? Here’s a detailed evaluation of Augusta Valuable Metals. Keep reading to find out the pros, cons, what sets them apart, and if there’s a better gold IRA service provider.
To open a gold individual retirement account, the account minimum is $50,000, which is higher than many competitors. But if you have the cash, they have lower yearly charges than some other business. Augusta Rare-earth elements may be the right gold IRA company for you if you: Are still unsure and want to discover purchasing gold before taking the leap, Want to be directed 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 Rare-earth elements apart. Investing your savings in gold can be scary, however Augusta Valuable Metals takes the worry out of the equation. They think in educating their consumers and making the effort to comprehend your objectives. You don’t rush into any big choices.
They begin by offering you a totally free gold coin just to find out about gold Individual retirement accounts. You’ll get the “Ultimate Guide to Gold IRAs” and, more importantly, a private video chat to teach you about buying gold, the risks and rewards, and scams 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 IRA company with over 45 years of experience. They serve customers in all 50 states and hold over $34 billion in assets. Augusta will serve as your liaison to Equity Trust. Naturally, you have access to them anytime you want.
Your gold and other rare-earth elements 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 secured by $1 billion all-risk insurance coverage offered by London underwriters. The Augusta ghysical gold and silver individual retirement account is among the very best on the marketplace, as you can see in the comparison with their competitors below.
They have never ever turned down a demand. You can offer your gold on your own, obviously. That includes finding a purchaser or local gold dealer, and searching for the best costs. With Augusta Rare-earth Elements, you can have peace of mind understanding they might buy it back at competitive prices.
Your custodian can organize those visits. 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 precious metals IRA service providers worth considering. Here’s how Augusta Precious Metals 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 that includes a one-time IRA account set-up fee 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 select to manage these services (required by the internal revenue service, as all individual retirement account possessions must be handled by a custodian).
Goldco does not charge any storage costs for money deals over $25,000. Depending on the alternatives you select, Goldco could have a slightly greater annual cost than Augusta Precious Metals. If you make at least $50,000 financial investment, they use 5% back in premium silver.
One location Goldco stands out in is that they assure to buy back your gold at the greatest cost. This provides you more security knowing that you’re not stuck with your gold and can sell it back at an excellent rate.
And they waive costs in the very first year for accounts over $50,000. Just like Augusta Rare-earth Elements, Birch Gold gets excellent reviews from customers. You get a dedicated specialist for the whole life of your account with Birch. This professional will understand your monetary requirements and goals, and can provide customized suggestions to help you finest reach your goals.
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They’ve partnered with custodian Equity Trust to provide 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 stored with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance through London underwriters.
They have average client ratings of over 4. Augusta Precious Metals is best for retirement investors interested in preserving their wealth and diversifying their savings. And who desire to invest at least $50,000 into gold.
There’s no guaranteed method of knowing which metal is the best to purchase. Precious metals can be a great method to diversify your properties and hedge against stock market volatility.
Their charges are similar to other gold Individual retirement account companies. Keep in mind: This website is made possible through financial relationships with some of the items and services mentioned on this site.