Not just is it backed 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 cost savings? Here’s an in-depth review of Augusta Valuable Metals. Continue reading to find out the pros, cons, what sets them apart, and if there’s a much better gold individual retirement account service provider.
To open a gold IRA, the account minimum is $50,000, which is higher than lots of competitors. If you have the money, they have lower annual charges than some other business. Augusta Valuable Metals may be the right gold IRA company for you if you: Are still undecided and wish to discover purchasing gold before taking the leap, Want to be assisted through every action, Have at least $50,000 to rollover or invest If you just desire to invest a little quantity into gold rather, check at Goldco.
Here are 3 reasons that set Augusta Valuable Metals apart. Investing your cost savings in gold can be scary, however Augusta Precious Metals takes the fear out of the formula.
They start by giving you a free gold coin just to learn more about gold Individual retirement accounts. You’ll receive the “Ultimate Guide to Gold IRAs” and, more significantly, a personal video chat to teach you about purchasing gold, the threats and benefits, and scams to prevent. And it does not stop there.
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Augusta Valuable Metals’ preferred custodian is Equity Trust. They’re a self-directed individual retirement account service provider with over 45 years of experience. They serve customers in all 50 states and hold over $34 billion in assets. Augusta will serve as your intermediary to Equity Trust. Naturally, you have access to them anytime you want.
Your gold and other precious metals are kept 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 IRA is one of the best on the marketplace, as you can see in the comparison with their rivals listed below.
They have never turned down a request. You can sell your gold on your own, naturally. That includes discovering a buyer or local gold dealer, and searching for the best prices. With Augusta Rare-earth Elements, you can have peace of mind knowing they might buy it back at competitive prices.
Your custodian can arrange those sees. Now that you have actually got a solid concept of what Augusta Valuable Metals is and the services they use, let’s compare it to other valuable metals individual retirement account suppliers worth thinking about. 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 includes a one-time IRA account set-up cost of $50, in addition to a $30 wire fee. Yearly 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 upon the company you choose to handle these services (needed by the internal revenue service, as all individual retirement account assets must be managed by a custodian).
35% to 1% annually. Goldco does not charge any storage fees for money transactions over $25,000. Let’s start with some crucial stats. Goldco has a minimum investment of $25,000. Depending upon the choices you select, Goldco could have a slightly higher yearly charge than Augusta Precious Metals. If you make at least $50,000 investment, they use 5% back in premium silver.
Customers give Goldco comparable reviews. Both business are known for tailored service and exceptional customer assistance. One location Goldco sticks out in is that they promise to redeem 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 a good rate.
And they waive costs in the very first year for accounts over $50,000. Just like Augusta Valuable Metals, Birch Gold gets terrific reviews from consumers.
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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 properties. And the gold and silver in your IRA is securely stored with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance through London underwriters.
They have average consumer rankings of over 4. Augusta Valuable Metals is finest for retirement financiers interested in protecting their wealth and diversifying their savings. And who want to invest at least $50,000 into gold.
However, there’s no guaranteed way of understanding which metal is the very best to buy. Anticipating the market is challenging, and even experts frequently make mistakes. Precious metals can be an excellent way to diversify your possessions and hedge versus stock exchange volatility. They do not generate additional wealth and don’t have the development potential of stocks.
Their costs are similar to other gold Individual retirement account suppliers. Keep in mind: This website is made possible through monetary relationships with some of the items and services discussed on this website.