Not only is it backed by Joe Montana, it’s likewise one of the only gold IRA companies without any negative problems on the BBB. Should you trust them with your retirement cost savings? Here’s an in-depth evaluation of Augusta Precious Metals. Keep reading to learn the pros, cons, what sets them apart, and if there’s a much better gold IRA provider.
To open a gold IRA, the account minimum is $50,000, which is higher than many competitors. If you have the cash, they have lower annual costs than some other business. Augusta Precious Metals may be the ideal gold IRA business for you if you: Are still uncertain and desire to discover buying gold before taking the leap, Wish to be directed through every action, Have at least $50,000 to rollover or invest If you just wish to invest a little quantity into gold rather, check at Goldco.
Here are 3 factors that set Augusta Precious Metals apart. Investing your savings in gold can be scary, but Augusta Precious Metals takes the worry out of the formula.
They start by giving you a totally free gold coin simply to find out about gold IRAs. You’ll get the “Ultimate Guide to Gold IRAs” and, more importantly, a personal video chat to teach you about buying gold, the risks and benefits, and rip-offs to avoid. And it does not stop there.
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Augusta Valuable Metals’ preferred custodian is Equity Trust. They’re a self-directed individual retirement account company with over 45 years of experience. They serve consumers in all 50 states and hold over $34 billion in possessions. Augusta will function as your liaison to Equity Trust. Naturally, you have access to them anytime you want.
Your gold and other precious metals are stored 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 offered by London underwriters. The Augusta ghysical gold and silver IRA is one of the very best on the market, as you can see in the comparison with their competitors below.
They have actually never ever turned down a demand. You can offer your gold on your own, of course. However that involves discovering a buyer or regional gold dealership, and looking for the best costs. With Augusta Precious Metals, you can have comfort knowing they could buy it back at competitive prices.
Your custodian can arrange those sees. Now that you have actually got a solid idea of what Augusta Valuable Metals is and the services they offer, let’s compare it to other rare-earth elements IRA service providers worth considering. Here’s how Augusta Rare-earth elements withstands a few of its leading competitors: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s favored Custodian charges a flat annual account service charge which includes a one-time IRA account set-up charge of $50, in addition to a $30 wire charge. Yearly maintenance 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 company you choose to deal with these services (needed by the internal revenue service, as all individual retirement account possessions 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 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.
Clients give Goldco comparable evaluations. Both business are known for personalized service and outstanding consumer support. One area Goldco stands out in is that they guarantee to purchase back your gold at the highest rate. This gives you more security understanding that you’re not stuck with your gold and can offer it back at a good rate.
And they waive fees in the first year for accounts over $50,000. Simply like Augusta Valuable Metals, Birch Gold gets terrific evaluations from customers.
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They’ve partnered with custodian Equity Trust to offer 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 IRA is securely stored with depositories like Delaware Depository, which is protected by $1 billion all-risk insurance through London underwriters.
They have average client ratings of over 4. Augusta Valuable Metals is best for retirement investors interested in preserving their wealth and diversifying their cost savings. And who want to invest at least $50,000 into gold.
There’s no surefire method of understanding which metal is the best to purchase. Precious metals can be a great way to diversify your possessions and hedge against stock market volatility.
However their charges are similar to other gold individual retirement account service providers. Keep in mind: This website is made possible through monetary relationships with a few of the products and services mentioned on this website. We might receive payment if you shop through links in our content. You do not need to use our links, but you help support Credit, Donkey if you do.