Not only is it backed by Joe Montana, it’s also among the only gold individual retirement account companies without any negative complaints on the BBB. Should you trust them with your retirement cost savings? Here’s a detailed review of Augusta Precious Metals. Check out on to find out the pros, cons, what sets them apart, and if there’s a much better gold IRA company.
To open a gold IRA, the account minimum is $50,000, which is higher than numerous rivals. If you have the cash, they have lower annual fees than some other companies. Augusta Valuable Metals might be the right gold individual retirement account company for you if you: Are still uncertain and wish to discover purchasing gold prior to taking the leap, Want to be directed through every action, Have at least $50,000 to rollover or invest If you only desire to invest a little quantity into gold instead, check at Goldco.
Here are 3 reasons that set Augusta Valuable Metals apart. Investing your savings in gold can be frightening, however Augusta Precious Metals takes the worry out of the formula. They think in educating their clients and taking the time to understand your objectives. You don’t rush into any big decisions.
They start by providing you a complimentary gold coin just to find out about gold Individual retirement accounts. You’ll get the “Ultimate Guide to Gold IRAs” and, more significantly, a private video chat to teach you about buying gold, the risks and benefits, and rip-offs to avoid. And it does not stop there.
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Augusta Valuable Metals’ favored custodian is Equity Trust. They’re a self-directed IRA service provider with over 45 years of experience. They serve consumers in all 50 states and hold over $34 billion in assets. Augusta will work as your liaison to Equity Trust. Of course, 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 protected by $1 billion all-risk insurance offered by London underwriters. The Augusta ghysical gold and silver individual retirement account is among the finest on the market, as you can see in the comparison with their rivals listed below.
That involves finding a purchaser or regional gold dealer, and searching for the finest rates. With Augusta Valuable Metals, you can have peace of mind knowing they might purchase it back at competitive costs.
Your custodian can organize those sees. Now that you have actually got a strong idea of what Augusta Valuable Metals is and the services they offer, let’s compare it to other rare-earth elements IRA providers worth considering. Here’s how Augusta Valuable Metals stands up to some of its leading competitors: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s favored Custodian charges a flat yearly account service charge which includes a one-time IRA account set-up cost of $50, along with a $30 wire cost. Yearly upkeep is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Charges for gold storage and custodianship can differ depending upon the business you pick to handle these services (needed by the internal revenue service, as all IRA properties must be handled by a custodian).
Goldco does not charge any storage fees for cash transactions over $25,000. Depending on the choices you pick, Goldco might have a somewhat greater annual charge than Augusta Precious Metals. If you make at least $50,000 financial investment, they use 5% back in premium silver.
One area Goldco stands out in is that they guarantee to buy back your gold at the highest cost. This offers you more security understanding that you’re not stuck with your gold and can offer it back at an excellent cost.
And they waive charges in the very first year for accounts over $50,000. Just like Augusta Valuable Metals, Birch Gold gets excellent reviews from consumers.
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They’ve partnered with custodian Equity Trust to supply their gold and silver IRAs. Equity Trust has been around for over 45 years and holds over $34 billion in assets. And the gold and silver in your IRA is securely kept with depositories like Delaware Depository, which is safeguarded by $1 billion all-risk insurance coverage through London underwriters.
They have typical client ratings of over 4. Augusta Precious Metals is best for retirement financiers interested in preserving their wealth and diversifying their savings. And who desire to invest at least $50,000 into gold.
There’s no guaranteed way of understanding which metal is the finest to purchase. Anticipating the marketplace is difficult, and even specialists frequently make errors. Precious metals can be an excellent way to diversify your properties and hedge versus stock market volatility. Nevertheless, they do not create additional wealth and don’t have the development potential of stocks.
Their fees are equivalent to other gold IRA companies. Note: This site is made possible through financial relationships with some of the product or services pointed out on this website. We may receive payment if you go shopping through links in our content. You do not have to utilize our links, but you assist support Credit, Donkey if you do.