Not only is it backed by Joe Montana, it’s also one of the only gold individual retirement account companies without any unfavorable grievances on the BBB. Should you trust them with your retirement cost savings? Here’s a comprehensive review 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 company.
To open a gold IRA, the account minimum is $50,000, which is greater than many competitors. But if you have the cash, they have lower yearly costs than some other companies. Augusta Rare-earth elements may be the right gold IRA business for you if you: Are still unsure and wish to find out about purchasing gold before taking the leap, Wish to be guided through every action, Have at least $50,000 to rollover or invest If you just want to invest a percentage 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, however Augusta Precious Metals takes the fear out of the equation. They think in informing their consumers and making the effort to comprehend your objectives. So you do not hurry into any big decisions.
They start by offering you a complimentary gold coin simply to discover gold Individual retirement accounts. You’ll get the “Ultimate Guide to Gold IRAs” and, more significantly, a personal video chat to teach you about buying gold, the risks and benefits, and scams to avoid. And it doesn’t stop there.
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They’re a self-directed Individual retirement account 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 safeguarded by $1 billion all-risk insurance offered by London underwriters. The Augusta ghysical gold and silver IRA is one of the finest on the market, as you can see in the contrast with their competitors below.
They have actually never turned down a request. You can offer your gold by yourself, naturally. That includes finding a purchaser or regional gold dealer, and browsing for the finest costs. With Augusta Precious Metals, you can have comfort knowing they might purchase it back at competitive rates.
Your custodian can organize those gos to. 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 considering. Here’s how Augusta Valuable Metals withstands a few of its leading rivals: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s preferred Custodian charges a flat yearly account service charge which consists of a one-time IRA account set-up charge of $50, along with a $30 wire fee. Annual 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 pick to manage these services (required by the IRS, as all individual retirement account possessions need to be handled by a custodian).
35% to 1% annually. Goldco does not charge any storage costs for cash transactions over $25,000. Let’s begin with some important stats. Goldco has a minimum investment of $25,000. Depending upon the alternatives you pick, Goldco could have a slightly greater annual fee than Augusta Precious Metals. If you make at least $50,000 investment, they use 5% back in premium silver.
One location Goldco stands out in is that they assure to purchase back your gold at the highest rate. This offers you more security knowing that you’re not stuck with your gold and can offer it back at an excellent price.
And they waive costs in the first year for accounts over $50,000. Just like Augusta Valuable Metals, Birch Gold gets fantastic reviews from customers.
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They’ve partnered with custodian Equity Trust to offer 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 kept with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance coverage through London underwriters.
They have average consumer ratings of over 4. 9 stars. If you’re still concerned, take an appearance at this practical guide from the CTFC on how to identify precious metals scams. Augusta Precious Metals is finest for retirement financiers thinking about preserving their wealth and diversifying their savings. And who desire to invest a minimum of $50,000 into gold.
There’s no guaranteed method of knowing which metal is the finest to purchase. Valuable metals can be a good method to diversify your assets and hedge versus stock market volatility.
Their charges are comparable to other gold IRA suppliers. Note: This site is made possible through financial relationships with some of the items and services mentioned on this website.