Not only is it backed by Joe Montana, it’s also one of the only gold individual retirement account business without any negative grievances on the BBB. Should you trust them with your retirement cost savings? Here’s an in-depth evaluation of Augusta Valuable Metals. Check out on to find out the pros, cons, what sets them apart, and if there’s a better gold individual retirement account company.
To open a gold individual retirement account, the account minimum is $50,000, which is greater than lots of competitors. But if you have the money, they have lower yearly charges than some other companies. Augusta Valuable Metals might be the best gold individual retirement account business for you if you: Are still uncertain and want to discover about investing in 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 small quantity into gold instead, check at Goldco.
Here are 3 reasons that set Augusta Valuable Metals apart. Investing your savings in gold can be scary, but Augusta Precious Metals takes the fear out of the formula.
They start by offering you a totally free gold coin just to learn more about 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 dangers and benefits, and rip-offs to prevent. And it doesn’t stop there.
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Augusta Precious Metals’ favored custodian is Equity Trust. They’re a self-directed individual retirement account supplier with over 45 years of experience. They serve customers in all 50 states and hold over $34 billion in assets. Augusta will function as your intermediary to Equity Trust. Of course, you have access to them anytime you want.
In addition to the depository’s physical security, your gold and silver will be secured by $1 billion all-risk insurance offered 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 rivals listed below.
That involves finding a buyer or regional gold dealer, and browsing for the finest rates. With Augusta Valuable Metals, you can have peace of mind understanding they might purchase it back at competitive costs.
Your custodian can set up those check outs. Now that you have actually got a solid idea of what Augusta Valuable Metals is and the services they provide, let’s compare it to other precious metals IRA service providers worth thinking about. Here’s how Augusta Precious Metals stands up to some of its top competitors: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s favored Custodian charges a flat annual account service charge that includes a one-time IRA account set-up fee of $50, in addition to a $30 wire charge. Yearly maintenance is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Charges for gold storage and custodianship can vary depending upon the company you pick to manage these services (needed by the IRS, as all individual retirement account possessions need to be managed by a custodian).
Goldco does not charge any storage charges for cash transactions over $25,000. Depending on the options you select, Goldco might have a slightly higher yearly cost 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 provides you more security knowing that you’re not stuck with your gold and can offer it back at a great cost.
And they waive fees in the first year for accounts over $50,000. Much Like Augusta Precious Metals, Birch Gold gets great evaluations from consumers. You get a dedicated professional for the entire life of your account with Birch. This expert will understand your financial requirements and goals, and can provide individualized suggestions to help you finest reach your goals.
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They’ve partnered with custodian Equity Trust to provide their gold and silver Individual retirement accounts. Equity Trust has actually been around for over 45 years and holds over $34 billion in assets. And the gold and silver in your individual retirement account is safely kept with depositories like Delaware Depository, which is safeguarded by $1 billion all-risk insurance through London underwriters.
They have average client ratings of over 4. 9 stars. If you’re still concerned, take a look at this helpful guide from the CTFC on how to identify precious metals scams. Augusta Valuable Metals is best for retirement financiers interested in protecting their wealth and diversifying their cost savings. And who wish to invest a minimum of $50,000 into gold.
There’s no surefire method of understanding which metal is the best to buy. Valuable metals can be a great way to diversify your assets and hedge against stock market volatility.
However their fees are equivalent to other gold IRA companies. Keep in mind: This site is enabled through monetary relationships with a few of the product or services mentioned on this site. We might receive settlement if you shop through links in our content. You do not need to use our links, but you assist support Credit, Donkey if you do.