Not just is it backed by Joe Montana, it’s likewise among the only gold individual retirement account business without any negative complaints on the BBB. Should you trust them with your retirement cost savings? Here’s an in-depth 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 IRA supplier.
To open a gold IRA, the account minimum is $50,000, which is higher than numerous rivals. If you have the money, they have lower annual fees than some other business. Augusta Precious Metals might be the right gold IRA company for you if you: Are still unsure and wish to learn more about buying gold prior to taking the leap, Wish to be guided 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 reasons that set Augusta Valuable Metals apart. Investing your cost savings in gold can be frightening, but Augusta Precious Metals takes the worry out of the equation.
They begin by giving you a complimentary gold coin simply to discover gold IRAs. You’ll receive the “Ultimate Guide to Gold IRAs” and, more importantly, a private video chat to teach you about buying gold, the threats and benefits, and rip-offs to avoid. And it doesn’t stop there.
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Augusta Rare-earth elements’ favored custodian is Equity Trust. They’re a self-directed individual retirement account service provider with over 45 years of experience. They serve consumers in all 50 states and hold over $34 billion in possessions. Augusta will act as your intermediary to Equity Trust. Of course, you have access to them anytime you want.
In addition to the depository’s physical security, your gold and silver will be secured by $1 billion all-risk insurance coverage 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 comparison with their rivals listed below.
They have never turned down a demand. You can offer your gold by yourself, obviously. That involves discovering a purchaser or local gold dealer, and browsing for the best costs. With Augusta Rare-earth Elements, you can have assurance understanding they might buy it back at competitive rates.
Your custodian can organize those check outs. Now that you’ve got a strong concept of what Augusta Valuable Metals is and the services they offer, let’s compare it to other precious metals individual retirement account suppliers worth thinking about. Here’s how Augusta Rare-earth elements 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 annual account service fee which includes a one-time IRA account set-up cost of $50, as well as a $30 wire cost. Annual upkeep is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Fees for gold storage and custodianship can differ depending on the business you select to manage these services (needed by the internal revenue service, as all individual retirement account assets need to be managed by a custodian).
Goldco does not charge any storage charges for money transactions over $25,000. Depending on the options you select, Goldco could have a somewhat greater annual charge than Augusta Valuable Metals. If you make at least $50,000 investment, they use 5% back in premium silver.
Clients provide Goldco comparable reviews. Both business are known for personalized service and exceptional customer assistance. One location Goldco stands out in is that they promise to purchase back your gold at the highest cost. This gives you more security knowing that you’re not stuck to your gold and can offer it back at a good price.
And they waive costs in the first year for accounts over $50,000. Similar To Augusta Rare-earth Elements, Birch Gold gets great evaluations from customers. You get a dedicated professional for the entire life of your account with Birch. This professional will understand your financial requirements and goals, and can provide individualized advice to help you finest reach your objectives.
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They have actually partnered with custodian Equity Trust to supply their gold and silver Individual retirement accounts. Equity Trust has been around for over 45 years and holds over $34 billion in possessions. And the gold and silver in your individual retirement account is securely stored with depositories like Delaware Depository, which is safeguarded by $1 billion all-risk insurance coverage through London underwriters.
They have typical customer scores of over 4. 9 stars. If you’re still concerned, have a look at this handy guide from the CTFC on how to identify valuable metals fraud. Augusta Valuable Metals is best for retirement investors interested in protecting their wealth and diversifying their savings. And who desire to invest a minimum of $50,000 into gold.
There’s no guaranteed way of knowing which metal is the finest to purchase. Precious metals can be an excellent way to diversify your possessions and hedge against stock market volatility.
Their fees are similar to other gold IRA service providers. Keep in mind: This site is made possible through financial relationships with some of the items and services discussed on this website.