Not just is it backed by Joe Montana, it’s also one of the only gold IRA companies without any negative complaints on the BBB. Should you trust them with your retirement savings? Here’s a detailed review of Augusta Precious Metals. Keep reading to learn the pros, cons, what sets them apart, and if there’s a much better gold IRA service provider.
To open a gold individual retirement account, the account minimum is $50,000, which is higher than many rivals. If you have the money, they have lower annual costs than some other companies. Augusta Precious Metals may be the right gold individual retirement account business for you if you: Are still uncertain and desire to find out 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 wish to invest a little 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 Precious Metals takes the fear out of the formula.
They begin by giving you a totally free gold coin simply to find out about gold Individual retirement accounts. You’ll receive the “Ultimate Guide to Gold IRAs” and, more notably, a personal video chat to teach you about purchasing gold, the threats and rewards, and scams to prevent. And it doesn’t stop there.
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They’re a self-directed IRA supplier with over 45 years of experience. Augusta will serve as your intermediary to Equity Trust.
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 Individual retirement account is one of the best on the market, as you can see in the contrast with their rivals listed below.
However, they have never turned down a request. You can offer your gold on your own, of course. That involves finding a purchaser or local gold dealer, and searching for the best prices. With Augusta Rare-earth Elements, you can have assurance knowing they could buy it back at competitive prices.
Your custodian can set up those sees. Now that you have actually got a strong concept of what Augusta Precious Metals is and the services they offer, let’s compare it to other rare-earth elements IRA suppliers worth thinking about. Here’s how Augusta Valuable 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 yearly account service charge which includes a one-time IRA account set-up charge of $50, as well as a $30 wire fee. Yearly maintenance is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Charges for gold storage and custodianship can differ depending upon the business you pick to manage these services (needed by the IRS, as all IRA properties need to be managed by a custodian).
Goldco does not charge any storage charges for cash transactions over $25,000. Depending on the options you choose, Goldco might have a somewhat greater annual cost than Augusta Valuable Metals. If you make at least $50,000 financial investment, they offer 5% back in premium silver.
Clients give Goldco similar reviews. Both companies are understood for customized service and exceptional customer support. One location Goldco stands apart in is that they guarantee to purchase back your gold at the highest price. This offers you more security understanding that you’re not stuck with your gold and can offer it back at a good price.
And they waive charges in the first year for accounts over $50,000. Simply like Augusta Valuable Metals, Birch Gold gets excellent evaluations from customers.
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They have actually partnered with custodian Equity Trust to offer their gold and silver IRAs. Equity Trust has actually been around for over 45 years and holds over $34 billion in possessions. And the gold and silver in your individual retirement account is securely stored with depositories like Delaware Depository, which is protected by $1 billion all-risk insurance through London underwriters.
They have typical customer scores of over 4. 9 stars. If you’re still worried, take an appearance at this helpful guide from the CTFC on how to determine precious metals scams. Augusta Precious Metals is finest for retirement financiers 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 method of understanding which metal is the best to purchase. Precious metals can be a great way to diversify your possessions and hedge against stock market volatility.
Their fees are comparable to other gold IRA companies. Keep in mind: This website is made possible through monetary relationships with some of the items and services pointed out on this site.