Not only is it backed by Joe Montana, it’s also among the only gold individual retirement account business without any negative complaints on the BBB. Should you trust them with your retirement savings? Here’s a detailed evaluation of Augusta Precious Metals. Continue reading to discover the pros, cons, what sets them apart, and if there’s a better gold individual retirement account supplier.
To open a gold individual retirement account, the account minimum is $50,000, which is greater than many rivals. But if you have the cash, they have lower annual fees than some other companies. Augusta Rare-earth elements may be the best gold IRA company for you if you: Are still undecided and want to discover about buying gold before taking the leap, Wish to be guided through every step, Have at least $50,000 to rollover or invest If you only 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 frightening, however Augusta Valuable Metals takes the worry out of the equation.
They start by providing you a free gold coin simply to find out about gold Individual retirement accounts. You’ll receive the “Ultimate Guide to Gold IRAs” and, more significantly, a personal video chat to teach you about buying gold, the threats and rewards, and rip-offs to avoid. And it does not stop there.
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Augusta Precious Metals’ preferred custodian is Equity Trust. They’re a self-directed IRA provider with over 45 years of experience. They serve consumers in all 50 states and hold over $34 billion in possessions. Augusta will work as your intermediary to Equity Trust. Of course, 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 protected by $1 billion all-risk insurance supplied by London underwriters. The Augusta ghysical gold and silver IRA is among the finest on the marketplace, as you can see in the contrast with their competitors listed below.
That involves finding a buyer or local gold dealership, and browsing for the best costs. With Augusta Precious Metals, you can have peace of mind knowing they might buy it back at competitive costs.
Your custodian can arrange those check outs. Now that you’ve got a solid idea of what Augusta Precious Metals is and the services they use, let’s compare it to other valuable metals individual retirement account service providers worth considering. Here’s how Augusta Rare-earth elements withstands a few of its top competitors: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s favored Custodian charges a flat annual account service charge that includes a one-time IRA account set-up charge 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 on the company you select to manage these services (needed by the internal revenue service, as all IRA possessions should be managed by a custodian).
Goldco does not charge any storage charges for cash transactions over $25,000. Depending on the choices you choose, Goldco could have a somewhat higher yearly fee 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 guarantee to buy back your gold at the highest rate. This provides you more security knowing that you’re not stuck with your gold and can sell it back at a great rate.
And they waive fees 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 Individual retirement accounts. Equity Trust has actually been around for over 45 years and holds over $34 billion in assets. And the gold and silver in your IRA is safely saved with depositories like Delaware Depository, which is safeguarded by $1 billion all-risk insurance coverage through London underwriters.
They have average consumer rankings of over 4. Augusta Valuable Metals is best for retirement financiers interested in maintaining their wealth and diversifying their savings. And who desire to invest at least $50,000 into gold.
There’s no surefire method of knowing which metal is the best to buy. Valuable metals can be a good method to diversify your assets and hedge versus stock market volatility.
Their costs are similar to other gold IRA service providers. Note: This site is made possible through monetary relationships with some of the products and services discussed on this website.