Not just is it backed by Joe Montana, it’s also one of the only gold individual retirement account companies with no 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 find out the pros, cons, what sets them apart, and if there’s a much better gold IRA service provider.
To open a gold individual retirement account, the account minimum is $50,000, which is greater than lots of competitors. However if you have the cash, they have lower annual charges than some other companies. Augusta Precious Metals might be the ideal gold individual retirement account company for you if you: Are still uncertain and want to discover investing in gold prior to 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 little amount into gold instead, check at Goldco.
Here are 3 factors that set Augusta Valuable Metals apart. Investing your cost savings in gold can be scary, however Augusta Precious Metals takes the fear out of the formula.
They begin by offering you a complimentary gold coin simply to learn about gold IRAs. You’ll receive the “Ultimate Guide to Gold IRAs” and, more importantly, a private video chat to teach you about investing in gold, the threats and rewards, and frauds to prevent. And it doesn’t stop there.
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They’re a self-directed IRA provider with over 45 years of experience. Augusta will serve as your intermediary to Equity Trust.
Your gold and other valuable metals 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 secured by $1 billion all-risk insurance coverage provided by London underwriters. The Augusta ghysical gold and silver IRA is among the finest on the marketplace, as you can see in the contrast with their competitors below.
That involves finding a purchaser or regional gold dealer, and searching for the best prices. With Augusta Precious Metals, you can have peace of mind knowing they might purchase it back at competitive costs.
Your custodian can set up those sees. Now that you have actually got a solid idea of what Augusta Precious Metals is and the services they provide, let’s compare it to other valuable metals IRA companies worth considering. Here’s how Augusta Rare-earth elements stands up to a few of its top competitors: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s favored Custodian charges a flat annual account service charge that includes a one-time IRA account set-up charge of $50, along with a $30 wire cost. Annual upkeep is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Charges for gold storage and custodianship can differ depending upon the company you select to manage these services (needed by the IRS, as all individual retirement account assets should be managed by a custodian).
Goldco does not charge any storage fees for cash deals over $25,000. Depending on the alternatives you pick, Goldco could have a somewhat greater annual cost than Augusta Valuable Metals. If you make at least $50,000 financial investment, they provide 5% back in premium silver.
One area Goldco stands out in is that they guarantee to purchase back your gold at the highest cost. This offers you more security knowing that you’re not stuck with your gold and can offer it back at a great price.
And they waive costs in the first year for accounts over $50,000. Just like Augusta Valuable Metals, Birch Gold gets excellent reviews from customers.
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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 assets. And the gold and silver in your individual retirement account is securely stored 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. Augusta Valuable Metals is best for retirement investors interested in protecting their wealth and diversifying their savings. And who desire to invest at least $50,000 into gold.
There’s no surefire way of knowing which metal is the best to buy. Anticipating the market is tricky, and even experts often make mistakes. Rare-earth elements can be a great way to diversify your assets and hedge against stock market volatility. They don’t generate extra wealth and don’t have the development capacity of stocks.
Their costs are equivalent to other gold IRA service providers. Keep in mind: This website is enabled through monetary relationships with some of the items and services mentioned on this website. We may receive payment 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.