Not only is it backed by Joe Montana, it’s also one of the only gold IRA business without any negative problems on the BBB. Should you trust them with your retirement cost savings? Here’s an in-depth review of Augusta Precious Metals. Check out on to discover the pros, cons, what sets them apart, and if there’s a better gold IRA provider.
To open a gold IRA, the account minimum is $50,000, which is higher than many rivals. If you have the money, they have lower yearly charges than some other business. Augusta Rare-earth elements might be the ideal gold individual retirement account business 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 action, Have at least $50,000 to rollover or invest If you just wish to invest a little amount into gold instead, check at Goldco.
Here are 3 factors that set Augusta Rare-earth elements apart. Investing your savings in gold can be frightening, but Augusta Precious Metals takes the fear out of the equation. They believe in informing their customers and taking the time to comprehend your goals. So you do not rush into any huge choices.
They start by providing you a totally free gold coin just to discover 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 risks and rewards, and frauds to prevent. And it does not stop there.
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Augusta Valuable Metals’ favored 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 intermediary to Equity Trust. Of course, you have access to them anytime you desire.
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 protected by $1 billion all-risk insurance coverage offered by London underwriters. The Augusta ghysical gold and silver IRA is among the very best on the market, as you can see in the contrast with their rivals listed below.
That includes discovering a buyer or regional gold dealership, and browsing for the best rates. With Augusta Valuable Metals, you can have peace of mind knowing they might buy it back at competitive rates.
Your custodian can set up those sees. Now that you’ve got a solid idea of what Augusta Valuable Metals is and the services they use, let’s compare it to other rare-earth elements IRA suppliers worth considering. Here’s how Augusta Rare-earth elements withstands 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 charge which includes a one-time IRA account set-up fee of $50, as well as a $30 wire fee. Yearly maintenance is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Charges for gold storage and custodianship can vary depending upon the business you pick to manage these services (required by the internal revenue service, as all IRA assets need to be managed by a custodian).
Goldco does not charge any storage charges for cash transactions over $25,000. Depending on the options you select, Goldco might have a slightly higher annual fee than Augusta Valuable Metals. If you make at least $50,000 financial investment, they offer 5% back in premium silver.
One location Goldco stands out in is that they promise to buy back your gold at the greatest cost. This provides you more security knowing that you’re not stuck with your gold and can offer it back at a good cost.
And they waive charges in the first year for accounts over $50,000. Similar To Augusta Precious Metals, Birch Gold gets excellent evaluations from customers. You get a devoted specialist for the entire life of your account with Birch. This expert will understand your financial needs and goals, and can offer customized recommendations to assist you finest reach your goals.
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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 possessions. And the gold and silver in your IRA is safely stored with depositories like Delaware Depository, which is safeguarded by $1 billion all-risk insurance through London underwriters.
They have average customer rankings of over 4. 9 stars. If you’re still worried, have a look at this handy guide from the CTFC on how to determine rare-earth elements scams. Augusta Valuable Metals is finest for retirement financiers interested in protecting their wealth and diversifying their savings. And who wish to invest a minimum of $50,000 into gold.
There’s no surefire way of knowing which metal is the best to purchase. Precious metals can be an excellent method to diversify your assets and hedge against stock market volatility.
Their costs are comparable to other gold IRA suppliers. Keep in mind: This website is made possible through financial relationships with some of the items and services pointed out on this site.