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 a comprehensive review of Augusta Valuable Metals. Keep reading to discover 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 many rivals. But if you have the cash, they have lower annual charges than some other business. Augusta Valuable Metals might be the right gold individual retirement account company for you if you: Are still undecided and want to find out about investing in gold before taking the leap, Want to be assisted through every action, 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 factors that set Augusta Precious Metals apart. Investing your savings in gold can be frightening, but Augusta Precious Metals takes the fear out of the formula.
They begin by providing you a complimentary gold coin simply to find out about gold Individual retirement accounts. You’ll receive the “Ultimate Guide to Gold IRAs” and, more notably, a private video chat to teach you about purchasing gold, the dangers and rewards, and frauds to avoid. And it does not stop there.
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They’re a self-directed IRA provider with over 45 years of experience. Augusta will serve as your liaison 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 safeguarded by $1 billion all-risk insurance 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 comparison with their rivals listed below.
That includes discovering a purchaser or local gold dealer, and browsing for the best rates. With Augusta Precious Metals, you can have peace of mind knowing they could purchase it back at competitive prices.
Your custodian can arrange those visits. Now that you have actually got a solid idea of what Augusta Valuable Metals is and the services they provide, 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 competitors: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s preferred Custodian charges a flat yearly account service charge that includes a one-time IRA account set-up fee of $50, in addition to a $30 wire fee. Annual maintenance is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Costs for gold storage and custodianship can vary depending upon the company you choose to manage these services (required by the internal revenue service, as all individual retirement account assets should be handled by a custodian).
35% to 1% every year. Goldco does not charge any storage charges for cash deals over $25,000. Let’s start with some important stats. Goldco has a minimum financial investment of $25,000. Depending upon the options you select, Goldco could have a somewhat higher annual fee than Augusta Precious Metals. But if you make a minimum of $50,000 financial investment, they offer 5% back in premium silver.
Clients provide Goldco similar reviews. Both companies are known for customized service and excellent consumer support. One area Goldco stands out in is that they promise to buy back your gold at the highest cost. This offers you more security understanding that you’re not stuck to your gold and can offer it back at a great rate.
And they waive charges in the first year for accounts over $50,000. Just like Augusta Precious Metals, Birch Gold gets terrific reviews from consumers.
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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 IRA is securely kept with depositories like Delaware Depository, which is protected by $1 billion all-risk insurance through London underwriters.
They have average customer ratings of over 4. Augusta Valuable Metals is best for retirement investors interested in maintaining their wealth and diversifying their cost savings. And who desire to invest at least $50,000 into gold.
There’s no guaranteed method of knowing which metal is the best to purchase. Valuable metals can be an excellent method to diversify your assets and hedge against stock market volatility.
However their fees are equivalent to other gold individual retirement account service providers. Keep in mind: This site is made possible through monetary relationships with a few of the services and products mentioned on this site. We may get compensation if you shop through links in our material. You do not have to use our links, however you assist support Credit, Donkey if you do.