Not only is it backed by Joe Montana, it’s also one of the only gold individual retirement account companies with no negative problems on the BBB. Should you trust them with your retirement savings? Here’s an in-depth evaluation 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 service provider.
To open a gold individual retirement account, the account minimum is $50,000, which is higher than lots of competitors. If you have the money, they have lower yearly fees than some other business. Augusta Valuable Metals may be the best gold IRA business for you if you: Are still uncertain and want to discover purchasing gold before taking the leap, Want to be assisted through every step, Have at least $50,000 to rollover or invest If you just wish to invest a percentage into gold instead, check at Goldco.
Here are 3 factors that set Augusta Valuable Metals apart. Investing your cost savings in gold can be frightening, but Augusta Precious Metals takes the worry out of the equation.
They begin by providing you a free gold coin simply to discover gold IRAs. You’ll get the “Ultimate Guide to Gold IRAs” and, more importantly, a personal video chat to teach you about investing in gold, the dangers and benefits, and rip-offs to avoid. And it does not stop there.
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They’re a self-directed IRA 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 supplied 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 rivals below.
That includes finding a buyer or local gold dealership, and browsing for the finest costs. With Augusta Precious Metals, you can have peace of mind understanding they might purchase it back at competitive costs.
Your custodian can set up those visits. Now that you have actually got a solid idea of what Augusta Valuable Metals is and the services they use, let’s compare it to other rare-earth elements IRA suppliers worth considering. Here’s how Augusta Rare-earth elements stands up to a few of its top rivals: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s preferred Custodian charges a flat annual account service fee that includes a one-time IRA account set-up cost of $50, along with a $30 wire fee. Yearly upkeep 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 business you pick to manage these services (required by the IRS, as all individual retirement account assets must be handled by a custodian).
Goldco does not charge any storage fees for cash deals over $25,000. Depending on the alternatives you choose, Goldco could have a slightly greater yearly fee than Augusta Valuable Metals. If you make at least $50,000 financial investment, they provide 5% back in premium silver.
One area Goldco stands out in is that they promise to buy back your gold at the greatest rate. This gives you more security knowing that you’re not stuck with your gold and can offer it back at a great price.
And they waive charges in the first year for accounts over $50,000. Just like Augusta Rare-earth Elements, Birch Gold gets excellent reviews from customers. You get a devoted expert for the entire life of your account with Birch. This expert will understand your financial needs and goals, and can offer personalized suggestions to help you best reach your goals.
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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 IRA is securely kept 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. Augusta Precious Metals is finest for retirement investors interested in maintaining their wealth and diversifying their cost savings. And who want to invest at least $50,000 into gold.
There’s no surefire way of knowing which metal is the finest to purchase. Precious metals can be a good method to diversify your possessions and hedge against stock market volatility.
Their costs are equivalent to other gold IRA providers. Note: This website is made possible through monetary relationships with some of the items and services mentioned on this website.