Not just is it backed by Joe Montana, it’s likewise among the only gold individual retirement account companies without any negative problems on the BBB. Should you trust them with your retirement savings? Here’s a detailed review of Augusta Valuable Metals. Keep reading to learn the pros, cons, what sets them apart, and if there’s a much better gold IRA company.
To open a gold individual retirement account, the account minimum is $50,000, which is higher than lots of competitors. But if you have the cash, they have lower yearly costs than some other business. Augusta Valuable Metals might be the best gold IRA company for you if you: Are still unsure and wish to learn more about purchasing gold prior to taking the leap, Want to be directed through every step, Have at least $50,000 to rollover or invest If you only wish to invest a small amount into gold instead, check at Goldco.
Here are 3 reasons that set Augusta Valuable Metals apart. Investing your cost savings in gold can be scary, however Augusta Valuable Metals takes the fear out of the equation. They think in informing their consumers and taking the time to understand your objectives. So you do not hurry into any huge choices.
They begin by giving you a free gold coin just to find out about gold IRAs. You’ll get the “Ultimate Guide to Gold IRAs” and, more importantly, a private video chat to teach you about investing in gold, the threats and benefits, and scams 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 individual retirement account service provider with over 45 years of experience. They serve clients in all 50 states and hold over $34 billion in possessions. Augusta will act as your liaison to Equity Trust. Obviously, you have access to them anytime you want.
Your gold and other valuable 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 provided by London underwriters. The Augusta ghysical gold and silver IRA is one of the finest on the marketplace, as you can see in the contrast with their rivals below.
That includes discovering a purchaser or regional gold dealership, and browsing for the finest costs. With Augusta Valuable Metals, you can have peace of mind knowing they might buy it back at competitive prices.
Your custodian can arrange those gos to. 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 IRA providers worth thinking about. Here’s how Augusta Precious Metals withstands some of its leading competitors: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s favored Custodian charges a flat annual account service charge which includes a one-time IRA account set-up fee of $50, in addition to 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 vary depending on the business you choose to deal with these services (needed by the IRS, as all individual retirement account possessions should be managed by a custodian).
Goldco does not charge any storage costs for cash transactions over $25,000. Depending on the alternatives you select, Goldco could have a slightly higher annual cost than Augusta Valuable Metals. If you make at least $50,000 investment, they provide 5% back in premium silver.
Clients offer Goldco similar evaluations. Both business are known for tailored service and excellent customer support. One area Goldco stands apart in is that they assure to redeem your gold at the highest price. This provides you more security knowing that you’re not stuck to your gold and can sell it back at a great price.
And they waive costs in the first year for accounts over $50,000. Much Like Augusta Valuable Metals, Birch Gold gets fantastic reviews from customers. You get a dedicated professional for the entire life of your account with Birch. This professional will understand your financial requirements and goals, and can provide personalized guidance to help you finest reach your objectives.
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They have actually partnered with custodian Equity Trust to offer 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 safely saved with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance through London underwriters.
They have average customer ratings of over 4. Augusta Precious Metals is finest 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 understanding which metal is the best to purchase. Valuable metals can be a great way to diversify your properties and hedge versus stock market volatility.
However their costs are comparable to other gold individual retirement account providers. Keep in mind: This site is made possible through financial relationships with some of the items and services discussed on this site. We might receive compensation if you go shopping through links in our content. You do not need to utilize our links, but you help support Credit, Donkey if you do.