Not only is it endorsed by Joe Montana, it’s also one of the only gold individual retirement account companies without any negative problems on the BBB. Should you trust them with your retirement savings? Here’s a comprehensive review of Augusta Precious Metals. Keep reading to learn the pros, cons, what sets them apart, and if there’s a better gold individual retirement account provider.
To open a gold individual retirement account, the account minimum is $50,000, which is higher than many competitors. If you have the money, they have lower annual fees than some other companies. Augusta Precious Metals may be the ideal gold IRA company for you if you: Are still unsure and wish to find out about buying gold prior to taking the leap, Want to be directed through every step, 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 reasons that set Augusta Precious Metals apart. Investing your cost savings in gold can be scary, however Augusta Valuable Metals takes the fear out of the formula.
They begin by providing you a totally free gold coin just to discover gold Individual retirement accounts. You’ll get the “Ultimate Guide to Gold IRAs” and, more importantly, a private video chat to teach you about investing in gold, the threats and benefits, and scams to prevent. And it does not stop there.
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Augusta Rare-earth elements’ preferred custodian is Equity Trust. They’re a self-directed IRA company with over 45 years of experience. They serve consumers in all 50 states and hold over $34 billion in possessions. Augusta will act as your liaison to Equity Trust. Of course, 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 coverage supplied by London underwriters. The Augusta ghysical gold and silver individual retirement account is one of the best on the market, as you can see in the comparison with their competitors listed below.
That includes discovering a purchaser or local gold dealership, and searching for the finest costs. With Augusta Valuable Metals, you can have peace of mind understanding they could buy it back at competitive rates.
Your custodian can organize those visits. Now that you have actually got a solid idea of what Augusta Precious Metals is and the services they use, let’s compare it to other precious metals IRA companies worth considering. Here’s how Augusta Rare-earth elements stands up to a few of its leading competitors: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s favored Custodian charges a flat annual account service cost which consists of a one-time IRA account set-up charge of $50, along with a $30 wire cost. Annual maintenance is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Charges for gold storage and custodianship can differ depending on the company you pick to deal with these services (required by the IRS, as all individual retirement account assets must be managed by a custodian).
35% to 1% every year. Goldco does not charge any storage fees for money deals over $25,000. Let’s begin with some essential stats. Goldco has a minimum investment of $25,000. Depending on the choices you select, Goldco might have a slightly higher yearly cost than Augusta Valuable Metals. If you make at least $50,000 investment, they offer 5% back in premium silver.
One area Goldco stands out in is that they assure to buy back your gold at the highest rate. This gives you more security knowing that you’re not stuck with your gold and can offer it back at a good rate.
And they waive charges in the first year for accounts over $50,000. Just like Augusta Valuable Metals, Birch Gold gets excellent reviews from customers.
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They have actually 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 properties. And the gold and silver in your individual retirement account is safely saved with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance through London underwriters.
They have average customer ratings of over 4. Augusta Valuable Metals is best 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 guaranteed method of understanding which metal is the finest to buy. Valuable metals can be an excellent method to diversify your assets and hedge against stock market volatility.
However their charges are equivalent to other gold IRA service providers. Note: This site is made possible through financial relationships with a few of the product or services mentioned on this website. We might get payment if you shop through links in our material. You do not have to use our links, however you help support Credit, Donkey if you do.