Not only is it endorsed by Joe Montana, it’s also among the only gold individual retirement account business without any unfavorable complaints on the BBB. Should you trust them with your retirement cost savings? Here’s an in-depth evaluation of Augusta Valuable Metals. Keep reading to learn the pros, cons, what sets them apart, and if there’s a much better gold IRA service provider.
To open a gold individual retirement account, the account minimum is $50,000, which is greater than numerous competitors. But if you have the cash, they have lower annual costs than some other business. Augusta Valuable Metals may be the ideal gold individual retirement account company for you if you: Are still undecided and wish to discover about buying gold before taking the leap, Want 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 reasons that set Augusta Valuable Metals apart. Investing your savings in gold can be frightening, but Augusta Precious Metals takes the fear out of the equation.
They start by providing you a free gold coin simply to discover about gold Individual retirement accounts. You’ll get the “Ultimate Guide to Gold IRAs” and, more significantly, a personal video chat to teach you about investing in gold, the dangers and rewards, and scams to prevent. And it doesn’t stop there.
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They’re a self-directed Individual retirement account service provider with over 45 years of experience. Augusta will serve as your intermediary to Equity Trust.
Your gold and other precious metals 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 supplied by London underwriters. The Augusta ghysical gold and silver individual retirement account is one of the best on the market, as you can see in the contrast with their competitors below.
That includes discovering a buyer or regional gold dealership, and searching for the best prices. With Augusta Valuable Metals, you can have peace of mind understanding they might buy it back at competitive costs.
Your custodian can organize 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 companies worth thinking about. Here’s how Augusta Valuable Metals withstands a few 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 charge. Annual upkeep is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Charges for gold storage and custodianship can differ depending upon the business you choose to manage these services (required by the IRS, as all IRA properties must be managed by a custodian).
Goldco does not charge any storage costs for money deals over $25,000. Depending on the choices you select, Goldco could have a somewhat higher annual charge than Augusta Precious Metals. If you make at least $50,000 investment, they offer 5% back in premium silver.
Clients offer Goldco comparable reviews. Both business are known for personalized service and exceptional consumer assistance. One location Goldco sticks out in is that they promise to buy back your gold at the greatest price. This provides you more security understanding that you’re not stuck to your gold and can offer it back at a great rate.
And they waive fees in the very 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 been around for over 45 years and holds over $34 billion in assets. And the gold and silver in your IRA is safely saved with depositories like Delaware Depository, which is protected by $1 billion all-risk insurance coverage through London underwriters.
They have typical consumer rankings of over 4. Augusta Valuable Metals is finest for retirement investors interested in maintaining their wealth and diversifying their cost savings. And who want to invest at least $50,000 into gold.
There’s no surefire way of understanding which metal is the best to purchase. Precious metals can be a good way to diversify your possessions and hedge against stock market volatility.
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 site.