Not just is it endorsed by Joe Montana, it’s also one of the only gold individual retirement account companies with no negative grievances on the BBB. Should you trust them with your retirement cost savings? Here’s a comprehensive evaluation of Augusta Precious Metals. Read on to discover the pros, cons, what sets them apart, and if there’s a much better gold individual retirement account service provider.
To open a gold individual retirement account, the account minimum is $50,000, which is higher than numerous rivals. But if you have the cash, they have lower annual costs than some other business. Augusta Rare-earth elements may be the ideal gold individual retirement account company for you if you: Are still unsure and wish to learn more about purchasing gold prior to taking the leap, Want to be guided through every action, Have at least $50,000 to rollover or invest If you just want to invest a little amount into gold rather, check at Goldco.
Here are 3 factors that set Augusta Rare-earth elements apart. Investing your cost savings in gold can be frightening, however Augusta Valuable Metals takes the worry out of the equation. They believe in educating their clients and making the effort to understand your objectives. So you do not hurry into any huge choices.
They start by providing you a free gold coin just to learn about gold Individual retirement accounts. You’ll receive the “Ultimate Guide to Gold IRAs” and, more notably, a private video chat to teach you about purchasing gold, the threats and rewards, and rip-offs to avoid. And it doesn’t stop there.
The Of Augusta Precious Metals Review Customer Success
Augusta Valuable Metals’ preferred custodian is Equity Trust. They’re a self-directed individual retirement account provider with over 45 years of experience. They serve clients in all 50 states and hold over $34 billion in properties. Augusta will act as your liaison to Equity Trust. Obviously, you have access to them anytime you want.
Your gold and other precious metals are saved 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 among the best on the marketplace, as you can see in the comparison with their rivals listed below.
That includes discovering a buyer or local gold dealership, and searching for the best rates. With Augusta Precious Metals, you can have peace of mind understanding they might purchase it back at competitive prices.
Your custodian can organize those visits. Now that you’ve got a strong concept of what Augusta Valuable Metals is and the services they use, let’s compare it to other precious metals IRA service providers worth considering. Here’s how Augusta Rare-earth elements withstands a few of its top rivals: Goldco, Birch Gold Group, and Noble Gold.
Augusta Precious Metals Review: Company Ratings, Fees for Beginners
Goldco’s favored Custodian charges a flat annual account service charge which consists of a one-time IRA account set-up charge of $50, as well as a $30 wire cost. Annual maintenance is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Fees for gold storage and custodianship can vary depending upon the company you select to deal with these services (needed by the internal revenue service, as all individual retirement account possessions must be handled by a custodian).
Goldco does not charge any storage fees for money deals over $25,000. Depending on the alternatives you pick, Goldco might have a slightly higher annual charge 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 greatest rate. This offers you more security knowing that you’re not stuck with your gold and can sell it back at a great rate.
And they waive fees in the very first year for accounts over $50,000. Just like Augusta Precious Metals, Birch Gold gets terrific evaluations from clients. You get a devoted specialist for the entire life of your account with Birch. This professional will comprehend your monetary needs and objectives, and can give customized advice to assist you best reach your goals.
Augusta Precious Metals for Beginners
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 individual retirement account is securely saved with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance coverage through London underwriters.
They have typical consumer scores of over 4. 9 stars. If you’re still concerned, take a look at this valuable guide from the CTFC on how to recognize precious metals scams. Augusta Valuable Metals is best for retirement investors interested in preserving 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 buy. Predicting the market is difficult, and even professionals regularly make errors. Valuable metals can be a great method to diversify your properties and hedge against stock market volatility. However, they do not generate extra wealth and don’t have the development potential of stocks.
Their costs are comparable to other gold Individual retirement account service providers. Note: This website is made possible through financial relationships with some of the items and services discussed on this site.