Not just is it backed by Joe Montana, it’s also one of the only gold IRA business without any unfavorable problems on the BBB. Should you trust them with your retirement cost savings? Here’s a comprehensive review of Augusta Valuable Metals. Keep reading to learn the pros, cons, what sets them apart, and if there’s a better gold IRA company.
To open a gold individual retirement account, the account minimum is $50,000, which is greater than many competitors. But if you have the cash, they have lower yearly charges than some other companies. Augusta Valuable Metals may be the right gold individual retirement account company for you if you: Are still undecided and wish to learn about buying gold prior to taking the leap, Wish to be guided through every action, Have at least $50,000 to rollover or invest If you just want to invest a small amount into gold instead, check at Goldco.
Here are 3 reasons that set Augusta Precious Metals apart. Investing your savings in gold can be scary, however Augusta Precious Metals takes the fear out of the equation.
They start by providing you a complimentary gold coin just to learn more about gold Individual retirement accounts. You’ll receive the “Ultimate Guide to Gold IRAs” and, more notably, a private video chat to teach you about purchasing gold, the risks and benefits, and rip-offs 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 IRA supplier with over 45 years of experience. They serve clients in all 50 states and hold over $34 billion in possessions. Augusta will function as your intermediary to Equity Trust. Obviously, you have access to them anytime you want.
Your gold and other precious metals are kept 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 coverage supplied by London underwriters. The Augusta ghysical gold and silver individual retirement account is one of the finest on the marketplace, as you can see in the comparison with their competitors below.
However, they have actually never ever refused a request. You can offer your gold by yourself, of course. But that includes discovering a buyer or local gold dealer, and browsing for the finest costs. With Augusta Precious Metals, you can have assurance knowing they could purchase it back at competitive prices.
Your custodian can organize those sees. Now that you’ve got a solid concept of what Augusta Valuable Metals is and the services they provide, let’s compare it to other rare-earth elements IRA companies worth considering. Here’s how Augusta Rare-earth elements stands up to a few of its leading rivals: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s favored Custodian charges a flat yearly account service fee which includes a one-time IRA account set-up cost of $50, as well as a $30 wire charge. Yearly upkeep is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Costs for gold storage and custodianship can differ depending upon the business you pick to deal with these services (needed by the IRS, as all individual retirement account properties must be managed by a custodian).
Goldco does not charge any storage fees for cash transactions over $25,000. Depending on the alternatives you pick, Goldco might have a somewhat higher annual cost than Augusta Valuable Metals. If you make at least $50,000 investment, they offer 5% back in premium silver.
Customers offer Goldco comparable evaluations. Both companies are known for customized service and exceptional client assistance. One location Goldco sticks out in is that they assure to buy back your gold at the highest rate. This offers you more security knowing that you’re not stuck to your gold and can offer it back at an excellent rate.
And they waive charges in the first year for accounts over $50,000. Just like Augusta Rare-earth Elements, Birch Gold gets great evaluations from consumers. You get a dedicated professional for the entire life of your account with Birch. This specialist will understand your financial requirements and objectives, and can offer personalized suggestions to help you best reach your goals.
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They’ve partnered with custodian Equity Trust to offer 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 individual retirement account is securely kept with depositories like Delaware Depository, which is protected by $1 billion all-risk insurance coverage through London underwriters.
They have typical consumer scores of over 4. 9 stars. If you’re still concerned, take an appearance at this handy guide from the CTFC on how to recognize precious metals fraud. Augusta Valuable Metals is best for retirement investors thinking about protecting their wealth and diversifying their 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 an excellent method to diversify your assets and hedge versus stock market volatility.
Their fees are comparable to other gold IRA service providers. Note: This website is made possible through financial relationships with some of the items and services pointed out on this website.