Not just is it endorsed by Joe Montana, it’s also among the only gold individual retirement account companies without any unfavorable grievances on the BBB. Should you trust them with your retirement savings? Here’s a detailed evaluation of Augusta Valuable Metals. Continue reading to find out the pros, cons, what sets them apart, and if there’s a better gold IRA service provider.
To open a gold IRA, the account minimum is $50,000, which is higher than numerous competitors. If you have the money, they have lower annual fees than some other companies. Augusta Valuable Metals might be the right gold individual retirement account company for you if you: Are still uncertain and wish to find out about purchasing gold prior to taking the leap, Wish to be guided through every step, Have at least $50,000 to rollover or invest If you only desire to invest a small quantity into gold rather, check at Goldco.
Here are 3 reasons that set Augusta Precious Metals apart. Investing your savings in gold can be frightening, but Augusta Precious Metals takes the fear out of the equation.
They begin by offering you a totally free gold coin just to find out about gold Individual retirement accounts. You’ll get the “Ultimate Guide to Gold IRAs” and, more significantly, a private video chat to teach you about investing in gold, the risks and rewards, and scams to avoid. And it doesn’t stop there.
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Augusta Precious Metals’ preferred custodian is Equity Trust. They’re a self-directed individual retirement account supplier with over 45 years of experience. They serve clients in all 50 states and hold over $34 billion in possessions. Augusta will work as your intermediary to Equity Trust. Naturally, you have access to them anytime you desire.
Your gold and other valuable 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 marketplace, as you can see in the comparison with their rivals below.
That includes finding a buyer or regional gold dealer, and browsing for the best prices. With Augusta Precious Metals, you can have peace of mind knowing they could purchase it back at competitive rates.
Your custodian can organize those gos to. Now that you’ve got a solid concept of what Augusta Precious Metals is and the services they offer, let’s compare it to other rare-earth elements IRA suppliers worth considering. Here’s how Augusta Precious Metals withstands a few of its top rivals: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s preferred Custodian charges a flat annual account service charge which consists of a one-time IRA account set-up fee of $50, as well as a $30 wire charge. Yearly upkeep is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Costs for gold storage and custodianship can vary depending on the business you choose to manage these services (required by the internal revenue service, as all individual retirement account properties should be managed by a custodian).
Goldco does not charge any storage costs for cash transactions over $25,000. Depending on the choices you select, Goldco might have a slightly higher yearly charge than Augusta Precious Metals. If you make at least $50,000 financial investment, they offer 5% back in premium silver.
One location Goldco stands out in is that they guarantee to purchase back your gold at the highest rate. This offers you more security knowing that you’re not stuck with your gold and can sell it back at a good cost.
And they waive costs in the first year for accounts over $50,000. Much Like Augusta Valuable Metals, Birch Gold gets excellent reviews from consumers. You get a dedicated professional for the entire life of your account with Birch. This expert will comprehend your financial requirements and goals, and can give customized recommendations to assist you best reach your objectives.
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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 properties. 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 consumer rankings of over 4. 9 stars. If you’re still concerned, take an appearance at this valuable guide from the CTFC on how to recognize valuable metals fraud. Augusta Precious Metals is best for retirement investors thinking about protecting their wealth and diversifying their cost savings. And who wish to invest a minimum of $50,000 into gold.
There’s no guaranteed way of understanding which metal is the finest to buy. Precious metals can be a good method to diversify your assets and hedge against stock market volatility.
Their fees are similar to other gold IRA companies. Keep in mind: This website is made possible through monetary relationships with some of the items and services pointed out on this website.