Not just is it backed by Joe Montana, it’s also one of the only gold IRA companies without any negative grievances on the BBB. Should you trust them with your retirement cost savings? Here’s a detailed review of Augusta Precious Metals. Keep reading to find out the pros, cons, what sets them apart, and if there’s a much better gold individual retirement account provider.
To open a gold IRA, the account minimum is $50,000, which is greater than numerous rivals. But if you have the money, they have lower annual charges than some other business. Augusta Valuable Metals may be the best gold individual retirement account company for you if you: Are still undecided and wish to find out about purchasing 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 percentage into gold instead, check at Goldco.
Here are 3 factors that set Augusta Valuable Metals apart. Investing your savings in gold can be scary, but Augusta Precious Metals takes the fear out of the equation.
They start by offering you a complimentary gold coin simply to discover gold IRAs. You’ll receive the “Ultimate Guide to Gold IRAs” and, more notably, a personal video chat to teach you about investing in gold, the risks and rewards, and scams to prevent. And it doesn’t stop there.
5 Easy Facts About Augusta Precious Metals Review (Updated 2023) Shown
They’re a self-directed IRA service provider with over 45 years of experience. Augusta will serve as your liaison to Equity Trust.
In addition to the depository’s physical security, your gold and silver will be safeguarded by $1 billion all-risk insurance offered by London underwriters. The Augusta ghysical gold and silver IRA is one of the finest on the market, as you can see in the contrast with their rivals listed below.
They have actually never ever turned down a request. You can sell your gold by yourself, of course. That includes discovering a buyer or regional gold dealer, and searching for the best costs. With Augusta Rare-earth Elements, you can have comfort knowing they could buy it back at competitive costs.
Your custodian can arrange those visits. Now that you’ve got a solid concept of what Augusta Valuable Metals is and the services they offer, let’s compare it to other rare-earth elements IRA providers worth considering. Here’s how Augusta Valuable Metals stands up to a few of its leading rivals: Goldco, Birch Gold Group, and Noble Gold.
See This Report on Augusta Precious Metals Review 2023: Invest With Gold And Silver
Goldco’s preferred Custodian charges a flat yearly account service charge which consists of a one-time IRA account set-up fee of $50, as well as a $30 wire cost. Annual 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 business you select to handle these services (needed by the internal revenue service, as all IRA possessions should be handled by a custodian).
Goldco does not charge any storage costs for money deals over $25,000. Depending on the options you select, Goldco could have a slightly greater annual fee than Augusta Precious Metals. If you make at least $50,000 investment, they offer 5% back in premium silver.
One location Goldco stands out in is that they guarantee to purchase back your gold at the highest price. This offers you more security knowing that you’re not stuck with your gold and can offer it back at an excellent rate.
And they waive charges in the very first year for accounts over $50,000. Simply like Augusta Valuable Metals, Birch Gold gets fantastic reviews from customers.
About Augusta Precious Metals Review
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 assets. And the gold and silver in your individual retirement account is securely stored with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance coverage through London underwriters.
They have average client scores of over 4. Augusta Precious Metals is finest for retirement investors interested in protecting their wealth and diversifying their cost savings. And who want to invest at least $50,000 into gold.
There’s no guaranteed way of understanding which metal is the best to buy. Predicting the market is challenging, and even specialists often make mistakes. Rare-earth elements can be a great way to diversify your assets and hedge against stock exchange volatility. Nevertheless, they don’t produce additional wealth and don’t have the development potential of stocks.
Their fees are similar to other gold IRA providers. Keep in mind: This site is made possible through monetary relationships with some of the items and services discussed on this website.