Not only is it backed by Joe Montana, it’s also one of the only gold Individual retirement account companies with no negative complaints on the BBB. Here’s an in-depth review of Augusta Valuable Metals.
To open a gold individual retirement account, the account minimum is $50,000, which is greater than lots of competitors. But if you have the money, they have lower yearly fees than some other companies. Augusta Rare-earth elements might be the ideal gold IRA company for you if you: Are still unsure and wish to learn about 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 percentage into gold instead, check at Goldco.
Here are 3 factors that set Augusta Rare-earth elements apart. Investing your savings in gold can be scary, but Augusta Precious Metals takes the fear out of the equation. They think in informing their clients and putting in the time to understand your objectives. So you don’t rush into any huge decisions.
They start by offering you a free gold coin simply to learn more about gold IRAs. You’ll get the “Ultimate Guide to Gold IRAs” and, more significantly, a personal video chat to teach you about purchasing gold, the risks and benefits, and scams to prevent. And it doesn’t stop there.
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Augusta Precious Metals’ preferred custodian is Equity Trust. They’re a self-directed individual retirement account company with over 45 years of experience. They serve consumers in all 50 states and hold over $34 billion in assets. Augusta will serve as your liaison to Equity Trust. Naturally, you have access to them anytime you want.
Your gold and other precious metals 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 offered by London underwriters. The Augusta ghysical gold and silver individual retirement account is among the very best on the market, as you can see in the comparison with their competitors below.
That includes finding a buyer or regional gold dealership, and browsing for the best costs. With Augusta Valuable Metals, you can have peace of mind knowing they could buy it back at competitive rates.
Your custodian can arrange those check outs. 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 IRA providers worth thinking about. Here’s how Augusta Rare-earth elements withstands a few of its leading competitors: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s preferred Custodian charges a flat yearly account service fee that includes a one-time IRA account set-up cost of $50, along with a $30 wire cost. 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 upon the business you select to deal with these services (required by the internal revenue service, as all IRA possessions must be managed by a custodian).
Goldco does not charge any storage fees for cash deals over $25,000. Depending on the alternatives you pick, Goldco could have a slightly higher annual cost than Augusta Valuable Metals. If you make at least $50,000 financial investment, they use 5% back in premium silver.
One location Goldco stands out in is that they promise to purchase back your gold at the highest cost. This offers 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. Simply like Augusta Rare-earth Elements, Birch Gold gets fantastic reviews from customers. You get a dedicated professional for the whole life of your account with Birch. This professional will comprehend your financial requirements and objectives, and can provide personalized recommendations to help you best reach your objectives.
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They have actually partnered with custodian Equity Trust to provide their gold and silver Individual retirement accounts. 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 safely saved with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance coverage through London underwriters.
They have typical client scores of over 4. 9 stars. If you’re still worried, have a look at this helpful guide from the CTFC on how to recognize precious metals scams. Augusta Valuable Metals is finest for retirement financiers thinking about protecting their wealth and diversifying their savings. And who desire to invest at least $50,000 into gold.
There’s no surefire way of understanding which metal is the best to buy. Precious metals can be a great way to diversify your possessions and hedge versus stock market volatility.
Their fees are equivalent to other gold IRA providers. Keep in mind: This website is made possible through monetary relationships with some of the items and services mentioned on this website.