Not only is it backed by Joe Montana, it’s likewise among the only gold individual retirement account business with no negative complaints on the BBB. Should you trust them with your retirement savings? Here’s an in-depth evaluation of Augusta Precious Metals. Keep reading to learn the pros, cons, what sets them apart, and if there’s a better gold IRA provider.
To open a gold IRA, the account minimum is $50,000, which is greater than lots of rivals. If you have the money, they have lower yearly fees than some other companies. Augusta Rare-earth elements might be the ideal gold IRA business for you if you: Are still uncertain and want to discover about buying gold before taking the leap, Want to be assisted through every step, Have at least $50,000 to rollover or invest If you only desire to invest a little amount into gold instead, check at Goldco.
Here are 3 factors that set Augusta Valuable Metals apart. Investing your cost savings in gold can be frightening, but Augusta Precious Metals takes the fear out of the equation.
They start by providing you a free gold coin just to learn 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 buying gold, the dangers and benefits, and frauds to prevent. And it doesn’t stop there.
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They’re a self-directed Individual retirement account service provider with over 45 years of experience. Augusta will serve as your intermediary to Equity Trust.
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 secured by $1 billion all-risk insurance coverage supplied by London underwriters. The Augusta ghysical gold and silver individual retirement account is one of the very best on the market, as you can see in the comparison with their competitors listed below.
They have actually never turned down a request. You can offer your gold on your own, of course. That includes finding a purchaser or regional gold dealership, and searching for the best costs. With Augusta Rare-earth Elements, you can have peace of mind understanding they could buy it back at competitive prices.
Your custodian can arrange those sees. Now that you’ve got a strong idea of what Augusta Valuable Metals is and the services they provide, let’s compare it to other rare-earth elements IRA service providers worth considering. Here’s how Augusta Precious Metals withstands a few 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 which consists of a one-time IRA account set-up cost of $50, along with a $30 wire fee. Yearly upkeep is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Fees for gold storage and custodianship can vary depending on the business you select to handle these services (required by the IRS, as all IRA assets should be handled by a custodian).
Goldco does not charge any storage costs for money deals over $25,000. Depending on the options you choose, Goldco might have a somewhat higher annual charge than Augusta Valuable Metals. If you make at least $50,000 investment, they offer 5% back in premium silver.
Customers give Goldco similar evaluations. Both companies are known for individualized service and exceptional customer assistance. One area Goldco sticks out in is that they assure to redeem your gold at the greatest price. This gives you more security understanding that you’re not stuck to your gold and can offer it back at a good cost.
And they waive fees in the very first year for accounts over $50,000. Simply like Augusta Precious Metals, Birch Gold gets terrific evaluations from consumers.
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They have actually partnered with custodian Equity Trust to offer their gold and silver Individual retirement accounts. Equity Trust has been around for over 45 years and holds over $34 billion in properties. And the gold and silver in your IRA is safely saved with depositories like Delaware Depository, which is safeguarded by $1 billion all-risk insurance coverage through London underwriters.
They have typical consumer ratings of over 4. 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 guaranteed method of understanding which metal is the best to purchase. Precious metals can be an excellent way to diversify your properties and hedge versus stock market volatility.
Their costs are equivalent to other gold IRA service providers. Keep in mind: This website is made possible through financial relationships with some of the products and services pointed out on this site.