Not just is it backed by Joe Montana, it’s also one of the only gold IRA companies with no unfavorable complaints on the BBB. Should you trust them with your retirement cost savings? Here’s an in-depth review of Augusta Precious Metals. Check out on to discover the pros, cons, what sets them apart, and if there’s a much better gold individual retirement account service provider.
To open a gold individual retirement account, the account minimum is $50,000, which is higher than many competitors. But if you have the cash, they have lower yearly charges than some other business. Augusta Rare-earth elements might be the right gold IRA company for you if you: Are still uncertain and desire to discover purchasing gold before taking the leap, Want to be assisted through every action, Have at least $50,000 to rollover or invest If you just wish to invest a percentage into gold rather, check at Goldco.
Here are 3 factors that set Augusta Valuable Metals apart. Investing your cost savings in gold can be scary, but Augusta Precious Metals takes the worry out of the equation.
They begin by giving you a free gold coin just to find out about 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 dangers and benefits, and rip-offs to prevent. And it doesn’t stop there.
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Augusta Rare-earth elements’ 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 function as your intermediary to Equity Trust. Obviously, you have access to them anytime you desire.
Your gold and other rare-earth elements are stored 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 supplied by London underwriters. The Augusta ghysical gold and silver individual retirement account is among the best on the marketplace, as you can see in the contrast with their rivals listed below.
That includes finding a purchaser or regional gold dealer, and searching for the best costs. With Augusta Valuable Metals, you can have peace of mind knowing they might purchase it back at competitive prices.
Your custodian can organize those gos to. 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 valuable metals individual retirement account companies worth thinking about. Here’s how Augusta Precious Metals withstands a few of its leading competitors: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s favored Custodian charges a flat yearly account service charge that includes a one-time IRA account set-up fee of $50, as well as a $30 wire fee. Yearly upkeep is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Costs for gold storage and custodianship can differ depending on the business you choose to handle these services (required by the internal revenue service, as all individual retirement account properties need to be handled by a custodian).
Goldco does not charge any storage charges for cash deals over $25,000. Depending on the alternatives you select, Goldco might have a somewhat greater annual fee 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 promise to purchase back your gold at the greatest rate. This gives you more security understanding that you’re not stuck with your gold and can offer it back at an excellent cost.
And they waive fees in the very first year for accounts over $50,000. Just like Augusta Precious 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 actually been around for over 45 years and holds over $34 billion in possessions. And the gold and silver in your IRA is safely kept with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance coverage through London underwriters.
They have average customer rankings of over 4. 9 stars. If you’re still worried, take a look at this handy guide from the CTFC on how to identify rare-earth elements fraud. Augusta Valuable Metals is finest for retirement financiers interested in preserving their wealth and diversifying their savings. And who want to invest at least $50,000 into gold.
There’s no guaranteed way of understanding which metal is the finest to buy. Precious metals can be a great way to diversify your assets and hedge against stock market volatility.
Their costs are similar to other gold IRA suppliers. Keep in mind: This website is made possible through financial relationships with some of the items and services mentioned on this site.