Not just is it endorsed by Joe Montana, it’s also one of the only gold IRA companies with no negative grievances on the BBB. Should you trust them with your retirement cost savings? Here’s an in-depth review of Augusta Precious Metals. Keep reading to find out the pros, cons, what sets them apart, and if there’s a better gold individual retirement account company.
To open a gold individual retirement account, the account minimum is $50,000, which is greater than numerous rivals. However if you have the cash, they have lower annual costs than some other companies. Augusta Precious Metals may be the right gold IRA company for you if you: Are still undecided and wish to discover buying gold before taking the leap, Want to be directed through every action, Have at least $50,000 to rollover or invest If you just desire to invest a small quantity into gold instead, check at Goldco.
Here are 3 reasons that set Augusta Precious Metals apart. Investing your cost savings in gold can be scary, but Augusta Valuable Metals takes the fear out of the formula. They think in educating their customers and making the effort to comprehend your goals. You do not hurry into any huge decisions.
They begin by giving you a complimentary gold coin just to discover about gold Individual retirement accounts. You’ll get the “Ultimate Guide to Gold IRAs” and, more significantly, a private video chat to teach you about purchasing gold, the threats and benefits, and frauds to prevent. And it does not stop there.
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Augusta Precious Metals’ preferred custodian is Equity Trust. They’re a self-directed IRA supplier with over 45 years of experience. They serve clients in all 50 states and hold over $34 billion in assets. Augusta will act as your intermediary to Equity Trust. Of course, you have access to them anytime you want.
Your gold and other rare-earth elements 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 secured by $1 billion all-risk insurance coverage supplied 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.
They have never turned down a demand. You can sell your gold by yourself, naturally. That includes finding a buyer or local gold dealership, and browsing for the finest rates. With Augusta Rare-earth Elements, you can have peace of mind knowing they might purchase it back at competitive costs.
Your custodian can set up those gos to. Now that you’ve got a strong idea of what Augusta Valuable Metals is and the services they use, let’s compare it to other precious metals individual retirement account service providers worth thinking about. Here’s how Augusta Rare-earth elements withstands a few of its top rivals: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s preferred Custodian charges a flat annual account service charge which consists of a one-time IRA account set-up cost of $50, in addition to 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 vary depending upon the company you choose to handle these services (required by the IRS, 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 select, Goldco could have a somewhat greater annual fee than Augusta Precious Metals. If you make at least $50,000 investment, they offer 5% back in premium silver.
One location Goldco stands out in is that they guarantee to purchase back your gold at the highest cost. This gives you more security understanding that you’re not stuck with your gold and can offer it back at a good rate.
And they waive costs in the first year for accounts over $50,000. Similar To Augusta Rare-earth Elements, Birch Gold gets great evaluations from consumers. You get a devoted specialist for the whole life of your account with Birch. This professional will understand your financial requirements and objectives, and can give customized suggestions to help you finest 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 IRA is securely kept with depositories like Delaware Depository, which is safeguarded by $1 billion all-risk insurance coverage through London underwriters.
They have average client scores of over 4. 9 stars. If you’re still worried, take an appearance at this handy guide from the CTFC on how to determine precious metals fraud. Augusta Precious Metals is finest for retirement financiers interested in protecting their wealth and diversifying their cost savings. And who want to invest a minimum of $50,000 into gold.
There’s no guaranteed method of understanding which metal is the best to buy. Valuable metals can be a good way to diversify your possessions and hedge against stock market volatility.
Their fees are similar to other gold Individual retirement account providers. Note: This site is made possible through financial relationships with some of the products and services mentioned on this site.