Not just is it endorsed by Joe Montana, it’s also one of the only gold individual retirement account business without any unfavorable problems on the BBB. Should you trust them with your retirement savings? Here’s a comprehensive evaluation of Augusta Precious Metals. Read on to find out the pros, cons, what sets them apart, and if there’s a better gold individual retirement account provider.
To open a gold IRA, the account minimum is $50,000, which is greater than lots of competitors. However if you have the cash, they have lower yearly costs than some other companies. Augusta Precious Metals might be the right gold IRA company for you if you: Are still undecided and desire to learn more 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 just wish to invest a percentage into gold instead, check at Goldco.
Here are 3 reasons that set Augusta Precious Metals apart. Investing your savings in gold can be frightening, but Augusta Precious Metals takes the fear out of the equation.
They begin by offering you a totally free gold coin just to find out 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 buying gold, the threats and benefits, and frauds to avoid. And it doesn’t stop there.
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Augusta Valuable Metals’ preferred custodian is Equity Trust. They’re a self-directed individual retirement account provider with over 45 years of experience. They serve clients in all 50 states and hold over $34 billion in assets. Augusta will serve as your liaison to Equity Trust. Of course, you have access to them anytime you desire.
Your gold and other rare-earth elements 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 safeguarded by $1 billion all-risk insurance supplied by London underwriters. The Augusta ghysical gold and silver IRA is among the very best on the marketplace, as you can see in the contrast with their competitors below.
Nevertheless, they have never ever declined a request. You can sell your gold by yourself, obviously. However that includes discovering a purchaser or regional gold dealer, and searching for the best prices. With Augusta Valuable Metals, you can have assurance understanding they might purchase it back at competitive rates.
Your custodian can organize those visits. Now that you have actually got a strong idea of what Augusta Valuable Metals is and the services they provide, let’s compare it to other rare-earth elements individual retirement account providers worth thinking about. Here’s how Augusta Precious Metals withstands 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 charge that includes a one-time IRA account set-up cost of $50, as well as a $30 wire fee. 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 select to manage these services (needed by the internal revenue service, as all individual retirement account assets need to be handled by a custodian).
35% to 1% annually. Goldco does not charge any storage costs for money transactions over $25,000. Let’s begin with some essential stats. Goldco has a minimum financial investment of $25,000. Depending on the options you choose, Goldco could have a somewhat greater yearly charge than Augusta Valuable Metals. If you make at least $50,000 investment, they use 5% back in premium silver.
One area Goldco stands out in is that they guarantee to purchase back your gold at the highest rate. This gives you more security knowing that you’re not stuck with your gold and can offer it back at an excellent price.
And they waive costs in the first year for accounts over $50,000. Simply like Augusta Valuable Metals, Birch Gold gets fantastic reviews from consumers.
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They’ve partnered with custodian Equity Trust to supply their gold and silver IRAs. Equity Trust has actually 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 kept with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance through London underwriters.
They have average customer ratings of over 4. Augusta Valuable Metals is best for retirement financiers interested in preserving their wealth and diversifying their cost savings. And who want to invest at least $50,000 into gold.
There’s no guaranteed way of knowing which metal is the finest to purchase. Valuable metals can be a great method to diversify your properties and hedge versus stock market volatility.
Their costs are equivalent to other gold IRA companies. Note: This site is made possible through financial relationships with some of the products and services mentioned on this site. We might get settlement if you shop through links in our material. You do not need to utilize our links, but you assist support Credit, Donkey if you do.