Not just is it backed by Joe Montana, it’s likewise one of the only gold individual retirement account companies without any unfavorable complaints on the BBB. Should you trust them with your retirement savings? Here’s a comprehensive review of Augusta Precious Metals. Continue reading to discover the pros, cons, what sets them apart, and if there’s a much better gold IRA supplier.
To open a gold individual retirement account, the account minimum is $50,000, which is higher than lots of rivals. If you have the money, they have lower yearly costs than some other companies. Augusta Precious Metals may be the ideal gold IRA business for you if you: Are still unsure and wish to learn more about buying gold prior to taking the leap, Wish to be assisted through every step, Have at least $50,000 to rollover or invest If you only wish to invest a percentage into gold instead, check at Goldco.
Here are 3 factors that set Augusta Precious Metals apart. Investing your savings in gold can be frightening, but Augusta Valuable Metals takes the worry out of the formula.
They begin by offering you a complimentary gold coin just to find out about gold IRAs. You’ll receive the “Ultimate Guide to Gold IRAs” and, more importantly, a personal video chat to teach you about buying gold, the threats and benefits, and frauds to prevent. And it does not stop there.
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Augusta Valuable Metals’ preferred custodian is Equity Trust. They’re a self-directed IRA company with over 45 years of experience. They serve clients in all 50 states and hold over $34 billion in assets. Augusta will act as your liaison to Equity Trust. Of course, you have access to them anytime you want.
Your gold and other rare-earth elements 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 safeguarded by $1 billion all-risk insurance coverage provided by London underwriters. The Augusta ghysical gold and silver individual retirement account is among the best on the market, as you can see in the comparison with their rivals below.
That includes finding a buyer or local gold dealer, and browsing for the finest costs. With Augusta Valuable Metals, you can have peace of mind understanding they could buy it back at competitive prices.
Your custodian can arrange those visits. Now that you have actually got a strong concept of what Augusta Precious Metals is and the services they provide, let’s compare it to other precious metals IRA providers worth considering. Here’s how Augusta Valuable Metals stands up to a few of its top rivals: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s favored Custodian charges a flat yearly account service cost which includes a one-time IRA account set-up charge of $50, along with a $30 wire fee. Annual 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 company you choose to handle these services (needed by the internal revenue service, as all IRA properties need to be handled by a custodian).
Goldco does not charge any storage charges for money deals over $25,000. Depending on the options you pick, Goldco might have a slightly greater annual cost than Augusta Precious Metals. If you make at least $50,000 investment, they provide 5% back in premium silver.
Clients offer Goldco comparable reviews. Both business are known for personalized service and excellent customer support. One area Goldco sticks out in is that they guarantee to purchase back your gold at the highest price. This provides you more security knowing that you’re not stuck with your gold and can sell it back at a good cost.
And they waive fees in the first year for accounts over $50,000. Just like Augusta Precious Metals, Birch Gold gets great evaluations from consumers.
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They’ve partnered with custodian Equity Trust to provide their gold and silver IRAs. Equity Trust has actually been around for over 45 years and holds over $34 billion in assets. 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 customer rankings of over 4. 9 stars. If you’re still concerned, take a look at this useful guide from the CTFC on how to determine valuable metals scams. Augusta Valuable Metals is finest for retirement financiers thinking about preserving their wealth and diversifying their savings. And who desire to invest at least $50,000 into gold.
There’s no guaranteed method of understanding which metal is the finest to buy. Forecasting the market is tricky, and even professionals frequently make mistakes. Valuable metals can be a great way to diversify your properties and hedge against stock exchange volatility. They do not create additional wealth and don’t have the growth potential of stocks.
Their fees are comparable to other gold Individual retirement account providers. Note: This site is made possible through financial relationships with some of the products and services discussed on this website.