Not only is it backed by Joe Montana, it’s also one of the only gold Individual retirement account business with no negative complaints on the BBB. Here’s an in-depth evaluation of Augusta Precious Metals.
To open a gold IRA, the account minimum is $50,000, which is greater than many competitors. But if you have the cash, they have lower yearly costs than some other companies. Augusta Precious Metals may be the right gold individual retirement account company for you if you: Are still uncertain and wish to find out about buying gold prior to taking the leap, Want to be directed through every action, Have at least $50,000 to rollover or invest If you just want to invest a small amount into gold rather, check at Goldco.
Here are 3 factors that set Augusta Valuable Metals apart. Investing your cost savings in gold can be frightening, however Augusta Precious Metals takes the fear out of the formula. They believe in informing their customers and putting in the time to comprehend your goals. So you do not rush into any huge choices.
They start by offering you a free gold coin just to learn more about gold Individual retirement accounts. You’ll receive the “Ultimate Guide to Gold IRAs” and, more significantly, a private video chat to teach you about buying gold, the dangers and rewards, and frauds to avoid. And it doesn’t stop there.
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Augusta Valuable Metals’ favored custodian is Equity Trust. They’re a self-directed individual retirement account service provider with over 45 years of experience. They serve customers in all 50 states and hold over $34 billion in possessions. Augusta will work as your intermediary to Equity Trust. Of course, you have access to them anytime you desire.
In addition to the depository’s physical security, your gold and silver will be secured by $1 billion all-risk insurance provided 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 comparison with their competitors below.
That involves finding a purchaser or local gold dealership, and browsing for the finest prices. With Augusta Valuable Metals, you can have peace of mind knowing they could buy it back at competitive costs.
Your custodian can arrange those gos to. Now that you’ve got a solid concept of what Augusta Precious Metals is and the services they provide, let’s compare it to other valuable metals IRA companies worth thinking about. Here’s how Augusta Rare-earth elements withstands a few of its top competitors: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s preferred Custodian charges a flat annual account service cost which includes a one-time IRA account set-up fee of $50, as well as a $30 wire fee. Annual upkeep is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Charges for gold storage and custodianship can vary depending on the company you pick to deal with these services (required by the internal revenue service, as all individual retirement account possessions need to be handled by a custodian).
Goldco does not charge any storage costs for cash deals over $25,000. Depending on the alternatives you choose, Goldco could have a somewhat greater annual charge than Augusta Precious Metals. If you make at least $50,000 investment, they offer 5% back in premium silver.
Consumers give Goldco similar evaluations. Both companies are known for tailored service and outstanding customer support. One location Goldco stands out in is that they guarantee to buy back your gold at the highest rate. This gives you more security understanding that you’re not stuck to your gold and can offer it back at a great price.
And they waive fees in the first year for accounts over $50,000. Just like Augusta Precious Metals, Birch Gold gets excellent reviews from clients.
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They have actually partnered with custodian Equity Trust to supply their gold and silver Individual retirement accounts. Equity Trust has actually been around for over 45 years and holds over $34 billion in possessions. And the gold and silver in your individual retirement account is safely saved with depositories like Delaware Depository, which is secured 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 recognize rare-earth elements fraud. Augusta Valuable Metals is best for retirement investors thinking about preserving their wealth and diversifying their savings. And who wish to invest a minimum of $50,000 into gold.
There’s no surefire way of knowing which metal is the best to purchase. Precious metals can be a great way to diversify your possessions and hedge against stock market volatility.
Their fees are equivalent to other gold Individual retirement account providers. Keep in mind: This site is made possible through monetary relationships with some of the product or services mentioned on this website. We may get payment if you shop through links in our content. You do not have to utilize our links, but you help support Credit, Donkey if you do.