Not just is it backed by Joe Montana, it’s likewise one of the only gold Individual retirement account companies with no unfavorable problems on the BBB. Here’s a comprehensive review of Augusta Valuable Metals.
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 charges than some other companies. Augusta Rare-earth elements might be the ideal gold individual retirement account business for you if you: Are still undecided and want to discover purchasing gold before taking the leap, Want to be guided through every step, Have at least $50,000 to rollover or invest If you only want to invest a little quantity into gold instead, check at Goldco.
Here are 3 factors that set Augusta Precious Metals apart. Investing your cost savings in gold can be scary, but Augusta Valuable Metals takes the fear out of the equation.
They begin by giving you a complimentary gold coin just to discover gold IRAs. You’ll get the “Ultimate Guide to Gold IRAs” and, more importantly, a personal video chat to teach you about purchasing gold, the threats and benefits, and scams to prevent. And it doesn’t stop there.
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Augusta Precious Metals’ favored custodian is Equity Trust. They’re a self-directed individual retirement account company with over 45 years of experience. They serve clients in all 50 states and hold over $34 billion in possessions. Augusta will serve as your liaison to Equity Trust. Naturally, you have access to them anytime you want.
Your gold and other precious metals are saved 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 one of the best on the marketplace, as you can see in the contrast with their competitors listed below.
However, they have actually never ever turned down a request. You can offer your gold on your own, obviously. However that involves discovering a purchaser or regional gold dealership, and searching for the finest rates. With Augusta Precious Metals, you can have comfort understanding they could purchase it back at competitive rates.
Your custodian can organize those visits. Now that you’ve got a solid concept of what Augusta Valuable Metals is and the services they provide, let’s compare it to other rare-earth elements individual retirement account service providers worth thinking about. Here’s how Augusta Precious Metals withstands a few of its top rivals: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s preferred Custodian charges a flat yearly account service fee which consists of a one-time IRA account set-up fee 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 vary depending on the company you choose to manage these services (required by the internal revenue service, as all IRA possessions need to be managed by a custodian).
Goldco does not charge any storage charges for money transactions over $25,000. Depending on the choices you select, Goldco might have a slightly higher annual fee than Augusta Valuable Metals. If you make at least $50,000 investment, they offer 5% back in premium silver.
Consumers provide Goldco similar evaluations. Both business are known for personalized service and outstanding customer assistance. One area Goldco sticks out in is that they guarantee to buy back your gold at the greatest rate. This gives you more security understanding that you’re not stuck with your gold and can sell it back at a great rate.
And they waive costs in the very first year for accounts over $50,000. Much Like Augusta Valuable Metals, Birch Gold gets excellent reviews from consumers. You get a devoted professional for the whole life of your account with Birch. This expert will comprehend your monetary requirements and goals, and can provide tailored guidance to help you finest reach your objectives.
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They’ve partnered with custodian Equity Trust to provide their gold and silver Individual retirement accounts. Equity Trust has been around for over 45 years and holds over $34 billion in assets. And the gold and silver in your individual retirement account is securely stored with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance coverage through London underwriters.
They have average customer scores of over 4. 9 stars. If you’re still worried, have a look at this helpful guide from the CTFC on how to determine rare-earth elements fraud. Augusta Precious Metals is best for retirement investors interested in preserving their wealth and diversifying their savings. And who desire to invest a minimum of $50,000 into gold.
There’s no surefire way of understanding which metal is the finest to buy. Precious metals can be a good method to diversify your properties and hedge versus stock market volatility.
Their fees are equivalent to other gold IRA suppliers. Keep in mind: This website is made possible through financial relationships with some of the items and services discussed on this website.