Not just is it backed by Joe Montana, it’s also among the only gold individual retirement account business without any negative problems on the BBB. Should you trust them with your retirement cost savings? Here’s a detailed evaluation of Augusta Precious Metals. Keep reading to learn 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 greater than lots of competitors. But if you have the cash, they have lower annual costs than some other companies. Augusta Rare-earth elements might be the best gold IRA business for you if you: Are still undecided and desire to find out about investing in 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 percentage into gold instead, check at Goldco.
Here are 3 reasons that set Augusta Precious Metals apart. Investing your savings in gold can be scary, however Augusta Precious Metals takes the worry out of the equation.
They begin by providing you a totally free gold coin simply to discover gold IRAs. You’ll get the “Ultimate Guide to Gold IRAs” and, more importantly, a private video chat to teach you about investing in gold, the dangers and rewards, and frauds to avoid. And it doesn’t stop there.
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Augusta Rare-earth elements’ preferred custodian is Equity Trust. They’re a self-directed IRA 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. Obviously, you have access to them anytime you want.
Your gold and other rare-earth elements 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 protected by $1 billion all-risk insurance supplied by London underwriters. The Augusta ghysical gold and silver IRA is one of the very best on the market, as you can see in the comparison with their competitors below.
That includes discovering a purchaser or regional gold dealer, and browsing for the finest rates. With Augusta Precious Metals, you can have peace of mind knowing they might buy it back at competitive rates.
Your custodian can set up those sees. Now that you’ve got a solid concept 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 Precious Metals withstands a few of its leading rivals: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s favored Custodian charges a flat annual account service charge which includes a one-time IRA account set-up fee of $50, in addition to a $30 wire charge. Yearly 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 upon the company you select to deal with these services (needed by the IRS, as all individual retirement account properties should be handled by a custodian).
Goldco does not charge any storage charges for cash deals over $25,000. Depending on the choices you pick, Goldco might have a somewhat greater yearly charge than Augusta Precious Metals. If you make at least $50,000 financial investment, they use 5% back in premium silver.
Clients provide Goldco comparable evaluations. Both companies are understood for customized service and excellent consumer assistance. One location Goldco stands out in is that they assure to redeem your gold at the greatest rate. This offers you more security understanding that you’re not stuck to your gold and can offer it back at a good rate.
And they waive charges in the very first year for accounts over $50,000. Just like Augusta Precious Metals, Birch Gold gets excellent evaluations from clients.
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They’ve 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 properties. And the gold and silver in your IRA is safely saved with depositories like Delaware Depository, which is safeguarded by $1 billion all-risk insurance coverage through London underwriters.
They have average consumer rankings of over 4. Augusta Valuable Metals is best for retirement financiers interested in preserving their wealth and diversifying their cost savings. And who want to invest at least $50,000 into gold.
There’s no surefire method of knowing which metal is the best to buy. Precious metals can be a good method to diversify your assets and hedge against stock market volatility.
But their costs are similar to other gold IRA companies. Keep in mind: This site is enabled through financial relationships with some of the products and services mentioned on this website. We may get compensation if you shop through links in our content. You do not have to use our links, however you help support Credit, Donkey if you do.