Not only is it backed by Joe Montana, it’s likewise among the only gold individual retirement account business with no unfavorable complaints on the BBB. Should you trust them with your retirement savings? Here’s a comprehensive evaluation of Augusta Precious Metals. Continue reading to discover the pros, cons, what sets them apart, and if there’s a much better gold individual retirement account company.
To open a gold individual retirement account, the account minimum is $50,000, which is greater than numerous competitors. If you have the money, they have lower annual fees than some other business. Augusta Valuable Metals may be the ideal gold IRA company for you if you: Are still uncertain and desire to learn about investing in gold prior to taking the leap, Wish to be assisted through every action, Have at least $50,000 to rollover or invest If you just want to invest a percentage 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 Precious Metals takes the worry out of the formula. They believe in informing their clients and putting in the time to understand your objectives. You don’t hurry into any big choices.
They start by giving you a complimentary gold coin simply to learn more about gold Individual retirement accounts. You’ll receive the “Ultimate Guide to Gold IRAs” and, more significantly, a private video chat to teach you about investing in gold, the risks and rewards, and scams to prevent. And it does not stop there.
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Augusta Rare-earth elements’ favored custodian is Equity Trust. They’re a self-directed individual retirement account provider 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 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 secured by $1 billion all-risk insurance coverage offered 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 comparison with their rivals listed below.
However, they have never turned down a demand. You can offer your gold on your own, obviously. That includes discovering a purchaser or local gold dealership, and searching for the finest rates. With Augusta Rare-earth Elements, you can have peace of mind understanding they might buy it back at competitive rates.
Your custodian can set up those sees. Now that you have actually got a solid idea of what Augusta Precious Metals is and the services they use, let’s compare it to other valuable metals IRA companies worth considering. Here’s how Augusta Precious Metals stands up to some of its leading competitors: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s preferred Custodian charges a flat annual account service fee which includes a one-time IRA account set-up fee of $50, along with a $30 wire cost. Yearly upkeep is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Fees for gold storage and custodianship can vary depending upon the business you choose to deal with these services (required by the internal revenue service, as all individual retirement account properties must be managed by a custodian).
Goldco does not charge any storage fees for money deals over $25,000. Depending on the options you select, Goldco might have a slightly higher annual fee than Augusta Precious Metals. If you make at least $50,000 investment, they offer 5% back in premium silver.
Customers give Goldco similar evaluations. Both companies are understood for tailored service and outstanding customer assistance. One location Goldco stands apart in is that they guarantee to purchase back your gold at the highest rate. This offers you more security knowing that you’re not stuck with your gold and can sell it back at a great cost.
And they waive fees in the very first year for accounts over $50,000. Simply like Augusta Valuable Metals, Birch Gold gets excellent reviews from clients.
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They’ve partnered with custodian Equity Trust to offer their gold and silver Individual retirement accounts. Equity Trust has been around for over 45 years and holds over $34 billion in properties. 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 average consumer rankings of over 4. 9 stars. If you’re still concerned, have a look at this helpful guide from the CTFC on how to determine rare-earth elements fraud. Augusta Valuable Metals is best for retirement financiers interested in protecting their wealth and diversifying their cost savings. And who wish to invest a minimum of $50,000 into gold.
There’s no surefire method of knowing which metal is the best to purchase. Valuable metals can be a good method to diversify your properties and hedge versus stock market volatility.
Their charges are similar to other gold Individual retirement account providers. Note: This site is made possible through financial relationships with some of the items and services discussed on this website.