Not only is it backed by Joe Montana, it’s also one of the only gold IRA companies with no unfavorable grievances on the BBB. Should you trust them with your retirement savings? Here’s a comprehensive evaluation of Augusta Valuable Metals. Keep reading to learn the pros, cons, what sets them apart, and if there’s a better gold individual retirement account service provider.
To open a gold individual retirement account, the account minimum is $50,000, which is higher than many competitors. If you have the money, they have lower annual charges than some other companies. Augusta Valuable Metals may be the right gold individual retirement account company for you if you: Are still unsure and wish to find out about investing in gold before taking the leap, Wish to be directed through every step, Have at least $50,000 to rollover or invest If you just wish to invest a percentage into gold rather, check at Goldco.
Here are 3 reasons that set Augusta Valuable Metals apart. Investing your savings in gold can be scary, but Augusta Valuable Metals takes the worry out of the formula.
They begin by offering you a complimentary gold coin simply to learn more about gold Individual retirement accounts. You’ll get the “Ultimate Guide to Gold IRAs” and, more notably, a personal video chat to teach you about buying gold, the threats and benefits, and rip-offs to avoid. And it doesn’t stop there.
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Augusta Valuable Metals’ favored 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 assets. Augusta will function as your intermediary to Equity Trust. Naturally, you have access to them anytime you desire.
In addition to the depository’s physical security, your gold and silver will be safeguarded by $1 billion all-risk insurance provided by London underwriters. The Augusta ghysical gold and silver IRA is one of the best on the market, as you can see in the contrast with their rivals below.
They have never ever turned down a demand. You can offer your gold by yourself, obviously. But that involves finding a purchaser or local gold dealer, and searching for the very best rates. With Augusta Rare-earth Elements, you can have peace of mind understanding they might buy it back at competitive prices.
Your custodian can arrange those visits. Now that you’ve got a solid concept of what Augusta Precious Metals is and the services they provide, let’s compare it to other precious metals individual retirement account companies worth considering. Here’s how Augusta Valuable Metals stands up to a few of its leading competitors: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s favored Custodian charges a flat annual account service charge which includes a one-time IRA account set-up fee of $50, along with a $30 wire cost. Yearly maintenance is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Charges for gold storage and custodianship can vary depending on the company you choose to deal with these services (required by the internal revenue service, as all individual retirement account possessions must be managed by a custodian).
Goldco does not charge any storage costs for cash transactions over $25,000. Depending on the alternatives you select, Goldco might have a somewhat greater annual cost than Augusta Precious Metals. If you make at least $50,000 investment, they offer 5% back in premium silver.
Clients give Goldco similar evaluations. Both companies are understood for customized service and exceptional consumer support. One area Goldco stands apart in is that they guarantee to purchase back your gold at the highest rate. This offers you more security understanding that you’re not stuck to your gold and can offer it back at a great price.
And they waive costs in the first year for accounts over $50,000. Just like Augusta Precious Metals, Birch Gold gets terrific evaluations from consumers.
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They’ve partnered with custodian Equity Trust to supply their gold and silver IRAs. 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 safely stored with depositories like Delaware Depository, which is safeguarded by $1 billion all-risk insurance through London underwriters.
They have average client scores of over 4. 9 stars. If you’re still worried, take a look at this helpful guide from the CTFC on how to recognize rare-earth elements 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.
However, there’s no surefire way of understanding which metal is the very best to buy. Predicting the marketplace is challenging, and even specialists frequently make errors. Rare-earth elements can be an excellent way to diversify your assets and hedge versus stock exchange volatility. They don’t produce extra wealth and don’t have the development capacity of stocks.
However their costs are similar to other gold individual retirement account service providers. Note: This website is made possible through monetary relationships with a few of the items and services mentioned on this website. We might receive settlement if you shop through links in our material. You do not have to use our links, however you assist support Credit, Donkey if you do.