Not only is it endorsed by Joe Montana, it’s also among the only gold individual retirement account business without any negative grievances on the BBB. Should you trust them with your retirement savings? Here’s a detailed evaluation of Augusta Valuable Metals. Continue 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 greater than numerous competitors. But if you have the cash, they have lower annual costs than some other companies. Augusta Rare-earth elements may be the right gold individual retirement account business for you if you: Are still unsure and want to learn more 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 just desire to invest a percentage into gold rather, check at Goldco.
Here are 3 reasons that set Augusta Precious Metals apart. Investing your cost savings in gold can be frightening, but Augusta Valuable Metals takes the worry out of the formula.
They begin by offering you a free gold coin simply to find out about gold IRAs. You’ll get the “Ultimate Guide to Gold IRAs” and, more significantly, a personal video chat to teach you about buying gold, the risks and rewards, and rip-offs to avoid. And it does not stop there.
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Augusta Precious Metals’ favored custodian is Equity Trust. They’re a self-directed IRA supplier with over 45 years of experience. They serve consumers in all 50 states and hold over $34 billion in assets. Augusta will serve as your intermediary to Equity Trust. Obviously, you have access to them anytime you want.
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 coverage 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 contrast with their competitors listed below.
That involves discovering a purchaser or local gold dealership, and searching for the finest prices. With Augusta Precious Metals, you can have peace of mind understanding they might buy it back at competitive rates.
Your custodian can arrange those sees. Now that you’ve got a strong concept of what Augusta Precious Metals is and the services they use, let’s compare it to other valuable metals individual retirement account service providers worth considering. Here’s how Augusta Valuable Metals withstands some of its top rivals: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s preferred Custodian charges a flat yearly account service charge which includes a one-time IRA account set-up fee of $50, in addition to a $30 wire fee. 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 on the company you select to handle these services (needed by the internal revenue service, as all individual retirement account properties should be managed by a custodian).
Goldco does not charge any storage fees for cash transactions over $25,000. Depending on the choices you choose, Goldco could have a slightly greater yearly charge than Augusta Valuable Metals. If you make at least $50,000 investment, they provide 5% back in premium silver.
One location Goldco stands out in is that they assure to purchase back your gold at the highest cost. This offers you more security knowing that you’re not stuck with your gold and can sell it back at a good rate.
And they waive costs in the very first year for accounts over $50,000. Simply like Augusta Precious Metals, Birch Gold gets great evaluations from clients.
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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 properties. 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 customer scores of over 4. 9 stars. If you’re still concerned, have a look at this practical guide from the CTFC on how to recognize rare-earth elements fraud. Augusta Precious Metals is best for retirement financiers thinking about protecting their wealth and diversifying their savings. And who desire to invest a minimum of $50,000 into gold.
There’s no guaranteed method of understanding which metal is the finest to buy. Precious metals can be a great method to diversify your assets and hedge against stock market volatility.
Their fees are similar to other gold Individual retirement account suppliers. Keep in mind: This site is made possible through monetary relationships with some of the items and services discussed on this site.