Not just is it endorsed by Joe Montana, it’s also among the only gold individual retirement account companies with no negative grievances on the BBB. Should you trust them with your retirement savings? Here’s an in-depth review of Augusta Precious Metals. Keep reading to learn the pros, cons, what sets them apart, and if there’s a better gold individual retirement account supplier.
To open a gold individual retirement account, the account minimum is $50,000, which is higher than lots of rivals. However if you have the cash, they have lower annual charges than some other companies. Augusta Precious Metals may be the ideal gold individual retirement account business for you if you: Are still unsure and wish to learn more about buying gold prior to taking the leap, Want to be guided through every action, Have at least $50,000 to rollover or invest If you only want to invest a percentage 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 fear out of the formula.
They begin by offering you a totally free gold coin simply to find out about gold Individual retirement accounts. You’ll get the “Ultimate Guide to Gold IRAs” and, more importantly, a personal video chat to teach you about purchasing gold, the threats and rewards, and scams to avoid. And it doesn’t stop there.
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Augusta Rare-earth elements’ favored custodian is Equity Trust. They’re a self-directed IRA 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. Of course, you have access to them anytime you desire.
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 safeguarded by $1 billion all-risk insurance provided by London underwriters. The Augusta ghysical gold and silver individual retirement account is one of the finest on the marketplace, as you can see in the contrast with their rivals below.
They have actually never ever turned down a demand. You can sell your gold on your own, naturally. But that includes finding a purchaser or regional gold dealer, and looking for the very best rates. With Augusta Rare-earth Elements, you can have comfort understanding they could buy it back at competitive prices.
Your custodian can set up those check outs. Now that you’ve got a strong concept of what Augusta Precious Metals is and the services they offer, let’s compare it to other valuable metals individual retirement account service providers worth considering. Here’s how Augusta Precious Metals withstands some of its leading rivals: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s favored Custodian charges a flat yearly account service fee which consists of a one-time IRA account set-up fee of $50, along with a $30 wire charge. Annual 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 on the company you pick to manage these services (needed by the IRS, as all individual retirement account possessions must be managed by a custodian).
Goldco does not charge any storage charges for money transactions over $25,000. Depending on the options you choose, Goldco could have a slightly higher annual cost than Augusta Valuable Metals. If you make at least $50,000 financial 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 price. This gives you more security knowing that you’re not stuck with your gold and can offer it back at a great rate.
And they waive costs in the first year for accounts over $50,000. Similar To Augusta Rare-earth Elements, Birch Gold gets great reviews from clients. You get a dedicated professional for the whole life of your account with Birch. This expert will understand your monetary needs and objectives, and can offer tailored suggestions to assist you best reach your goals.
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They’ve partnered with custodian Equity Trust to supply their gold and silver IRAs. 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 securely kept with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance through London underwriters.
They have average customer scores of over 4. 9 stars. If you’re still worried, take an appearance at this practical guide from the CTFC on how to identify rare-earth elements fraud. Augusta Precious Metals is best for retirement investors interested in protecting their wealth and diversifying their cost savings. And who desire to invest at least $50,000 into gold.
There’s no guaranteed way of knowing which metal is the finest to buy. Precious metals can be an excellent method to diversify your assets and hedge against stock market volatility.
Their charges are equivalent to other gold Individual retirement account suppliers. Note: This website is made possible through financial relationships with some of the products and services discussed on this website.