Not just is it backed by Joe Montana, it’s likewise one of the only gold Individual retirement account companies with no unfavorable complaints on the BBB. Here’s a comprehensive evaluation of Augusta Valuable Metals.
To open a gold individual retirement account, the account minimum is $50,000, which is greater than numerous rivals. But if you have the cash, they have lower yearly costs than some other companies. Augusta Precious Metals might be the ideal gold IRA company for you if you: Are still unsure and want to learn more about purchasing gold before 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 percentage into gold rather, check at Goldco.
Here are 3 reasons that set Augusta Precious Metals apart. Investing your cost savings in gold can be frightening, but Augusta Valuable Metals takes the fear out of the formula.
They start by providing you a free gold coin simply to find out about gold IRAs. You’ll get the “Ultimate Guide to Gold IRAs” and, more significantly, a personal video chat to teach you about investing in gold, the risks 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 individual retirement account supplier with over 45 years of experience. They serve clients 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 desire.
Your gold and other precious metals 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 protected by $1 billion all-risk insurance provided by London underwriters. The Augusta ghysical gold and silver IRA is among the best on the marketplace, as you can see in the contrast with their rivals listed below.
They have never ever turned down a request. You can sell your gold on your own, naturally. That includes discovering a buyer or regional gold dealer, and browsing for the best rates. With Augusta Valuable Metals, you can have comfort understanding they might buy it back at competitive costs.
Your custodian can organize those visits. Now that you have actually got a strong concept of what Augusta Precious Metals is and the services they provide, let’s compare it to other rare-earth elements individual retirement account service providers worth thinking about. Here’s how Augusta Rare-earth elements withstands some of its top competitors: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s preferred Custodian charges a flat yearly account service charge that includes a one-time IRA account set-up cost of $50, as well as a $30 wire fee. Annual maintenance is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Fees for gold storage and custodianship can differ depending upon the company you pick to deal with these services (needed by the IRS, as all individual retirement account assets need to be managed by a custodian).
Goldco does not charge any storage fees for money deals over $25,000. Depending on the choices you select, Goldco could have a slightly higher annual cost than Augusta Precious Metals. If you make at least $50,000 financial investment, they use 5% back in premium silver.
Customers provide Goldco similar reviews. Both companies are known for customized service and excellent customer support. One area Goldco stands apart in is that they guarantee to redeem your gold at the greatest price. This provides you more security knowing that you’re not stuck to your gold and can offer it back at a good price.
And they waive fees in the first year for accounts over $50,000. Just like Augusta Valuable Metals, Birch Gold gets great reviews from customers.
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They have actually partnered with custodian Equity Trust to offer their gold and silver Individual retirement accounts. Equity Trust has actually been around for over 45 years and holds over $34 billion in possessions. And the gold and silver in your IRA is securely kept with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance through London underwriters.
They have typical customer rankings of over 4. 9 stars. If you’re still concerned, take an appearance at this helpful guide from the CTFC on how to identify rare-earth elements fraud. Augusta Precious Metals is finest for retirement investors thinking about preserving their wealth and diversifying their cost savings. And who wish to invest at least $50,000 into gold.
There’s no surefire method of understanding which metal is the best to buy. Valuable metals can be an excellent method to diversify your possessions and hedge against stock market volatility.
Their fees are equivalent to other gold Individual retirement account providers. Keep in mind: This website is made possible through financial relationships with some of the items and services mentioned on this website.