Not just is it backed by Joe Montana, it’s also one of the only gold individual retirement account companies with no unfavorable complaints on the BBB. Should you trust them with your retirement cost savings? Here’s an in-depth review of Augusta Valuable Metals. Keep reading to discover the pros, cons, what sets them apart, and if there’s a better gold IRA company.
To open a gold individual retirement account, the account minimum is $50,000, which is greater than lots of rivals. But if you have the cash, they have lower yearly costs than some other business. Augusta Precious Metals may be the right gold IRA company for you if you: Are still unsure and desire to learn about purchasing gold before taking the leap, Want to be directed through every action, Have at least $50,000 to rollover or invest If you just wish to invest a percentage into gold instead, check at Goldco.
Here are 3 factors that set Augusta Rare-earth elements apart. Investing your cost savings in gold can be scary, but Augusta Valuable Metals takes the fear out of the formula. They think in informing their customers and making the effort to comprehend your objectives. So you don’t hurry into any big decisions.
They begin by offering you a free gold coin just to find out about gold IRAs. You’ll receive the “Ultimate Guide to Gold IRAs” and, more importantly, a private video chat to teach you about purchasing gold, the dangers and rewards, and scams to avoid. And it does not stop there.
Excitement About Augusta Precious Metals Review – Is It Worth Your Money?
Augusta Rare-earth elements’ preferred 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 intermediary to Equity Trust. Obviously, you have access to them anytime you desire.
In addition to the depository’s physical security, your gold and silver will be protected by $1 billion all-risk insurance supplied by London underwriters. The Augusta ghysical gold and silver Individual retirement account is one of the finest on the market, as you can see in the contrast with their competitors below.
That includes discovering a buyer or regional gold dealership, and searching for the best rates. With Augusta Precious Metals, you can have peace of mind understanding they might buy it back at competitive costs.
Your custodian can organize those check outs. Now that you’ve got a solid idea of what Augusta Valuable Metals is and the services they offer, let’s compare it to other precious metals IRA companies worth considering. Here’s how Augusta Valuable Metals withstands a few of its leading rivals: 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 fee 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. Fees for gold storage and custodianship can differ depending on the business you choose to manage these services (required by the internal revenue service, as all IRA assets need to be managed by a custodian).
35% to 1% each year. Goldco does not charge any storage costs for cash transactions over $25,000. Let’s begin with some essential statistics. Goldco has a minimum investment of $25,000. Depending on the choices you choose, Goldco might have a slightly higher annual charge than Augusta Valuable 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 assure to purchase back your gold at the highest rate. 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 charges in the very first year for accounts over $50,000. Just like Augusta Precious Metals, Birch Gold gets great evaluations from customers.
Not known Facts About Augusta Precious Metals Review (Updated 2023)
They’ve partnered with custodian Equity Trust to supply their gold and silver Individual retirement accounts. Equity Trust has 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 safeguarded by $1 billion all-risk insurance through London underwriters.
They have typical customer ratings of over 4. 9 stars. If you’re still concerned, take a look at this valuable guide from the CTFC on how to determine rare-earth elements fraud. Augusta Valuable Metals is best for retirement investors interested in preserving their wealth and diversifying their cost savings. And who wish to invest a minimum of $50,000 into gold.
There’s no guaranteed way of knowing which metal is the best to buy. Valuable metals can be a great way to diversify your assets and hedge against stock market volatility.
Their costs are comparable to other gold IRA providers. Note: This site is made possible through financial relationships with some of the items and services pointed out on this site.