Not just is it endorsed by Joe Montana, it’s also one of the only gold individual retirement account companies without any unfavorable grievances on the BBB. Should you trust them with your retirement cost savings? Here’s an in-depth evaluation 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 numerous competitors. If you have the cash, 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 undecided and wish to discover buying gold before taking the leap, Want to be guided through every step, 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 reasons that set Augusta Precious Metals apart. Investing your cost savings in gold can be frightening, however Augusta Precious Metals takes the fear out of the equation.
They start by giving you a complimentary gold coin just to find out about gold IRAs. You’ll receive the “Ultimate Guide to Gold IRAs” and, more significantly, a personal video chat to teach you about purchasing gold, the threats and benefits, and rip-offs to prevent. And it doesn’t stop there.
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They’re a self-directed Individual retirement account provider with over 45 years of experience. Augusta will serve as your intermediary to Equity Trust.
Your gold and other precious metals 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 protected by $1 billion all-risk insurance coverage offered by London underwriters. The Augusta ghysical gold and silver individual retirement account is among the very best on the market, as you can see in the comparison with their rivals below.
They have never turned down a request. You can offer your gold on your own, naturally. That includes finding a purchaser or regional gold dealer, and browsing for the best prices. With Augusta Precious Metals, you can have comfort understanding they might purchase it back at competitive rates.
Your custodian can set up those visits. 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 rare-earth elements IRA service providers worth thinking about. Here’s how Augusta Precious Metals stands up to some of its top rivals: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s favored Custodian charges a flat annual account service cost that includes a one-time IRA account set-up charge of $50, along with a $30 wire cost. 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 company you pick to handle these services (needed by the internal revenue service, as all individual retirement account assets must be managed by a custodian).
Goldco does not charge any storage fees for cash deals over $25,000. Depending on the options you pick, Goldco could have a slightly greater yearly charge than Augusta Precious Metals. If you make at least $50,000 financial investment, they provide 5% back in premium silver.
Consumers give Goldco comparable evaluations. Both companies are understood for personalized service and excellent customer support. One location Goldco sticks out in is that they assure to purchase back your gold at the greatest cost. This provides you more security knowing that you’re not stuck to your gold and can offer it back at an excellent rate.
And they waive costs in the very first year for accounts over $50,000. Simply like Augusta Precious Metals, Birch Gold gets great reviews from customers.
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They’ve partnered with custodian Equity Trust to provide their gold and silver Individual retirement accounts. Equity Trust has been around for over 45 years and holds over $34 billion in assets. And the gold and silver in your individual retirement account is safely kept with depositories like Delaware Depository, which is safeguarded by $1 billion all-risk insurance through London underwriters.
They have average client ratings of over 4. 9 stars. If you’re still concerned, have a look at this handy guide from the CTFC on how to determine rare-earth elements fraud. Augusta Valuable Metals is best for retirement investors interested in maintaining their wealth and diversifying their savings. And who want to invest a minimum of $50,000 into gold.
There’s no guaranteed way of knowing which metal is the best to buy. Precious metals can be a good way to diversify your assets and hedge versus stock market volatility.
But their charges are comparable to other gold individual retirement account companies. Keep in mind: This website is enabled through monetary relationships with some of the services and products mentioned on this site. We might receive settlement if you shop through links in our content. You do not need to utilize our links, but you assist support Credit, Donkey if you do.