Not just is it backed 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. Continue reading to learn the pros, cons, what sets them apart, and if there’s a much better gold individual retirement account supplier.
To open a gold IRA, the account minimum is $50,000, which is greater than lots of competitors. If you have the money, they have lower yearly costs than some other companies. Augusta Precious Metals might be the best gold IRA company for you if you: Are still undecided and desire to find out about buying gold prior to taking the leap, Want to be guided through every step, Have at least $50,000 to rollover or invest If you only wish to invest a small quantity into gold instead, check at Goldco.
Here are 3 reasons that set Augusta Valuable Metals apart. Investing your cost savings in gold can be scary, but Augusta Precious Metals takes the worry out of the formula. They believe in informing their clients and making the effort to comprehend your objectives. So you do not rush into any big decisions.
They start by offering you a complimentary gold coin just to find out about gold Individual retirement accounts. You’ll get the “Ultimate Guide to Gold IRAs” and, more notably, a private video chat to teach you about buying gold, the risks and benefits, 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 provider with over 45 years of experience. They serve customers in all 50 states and hold over $34 billion in assets. Augusta will work as your liaison to Equity Trust. Naturally, you have access to them anytime you desire.
Your gold and other valuable metals are stored 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 finest on the marketplace, as you can see in the comparison with their rivals below.
However, they have actually never ever declined a request. You can sell your gold on your own, obviously. That includes discovering a purchaser or regional gold dealer, and searching for the best rates. With Augusta Valuable Metals, you can have peace of mind knowing they might purchase it back at competitive rates.
Your custodian can arrange those sees. Now that you’ve got a solid concept of what Augusta Valuable Metals is and the services they use, 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 preferred Custodian charges a flat annual account service charge that includes a one-time IRA account set-up fee of $50, as well as a $30 wire cost. Annual maintenance 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 select to deal with these services (needed by the IRS, as all individual retirement account possessions must be managed by a custodian).
Goldco does not charge any storage costs for cash deals over $25,000. Depending on the options you pick, Goldco might have a slightly higher annual cost than Augusta Precious Metals. If you make at least $50,000 investment, they use 5% back in premium silver.
One location Goldco stands out in is that they guarantee to buy back your gold at the highest price. This gives you more security understanding that you’re not stuck with your gold and can offer it back at a good rate.
And they waive charges in the first year for accounts over $50,000. Much Like Augusta Rare-earth Elements, Birch Gold gets terrific evaluations from consumers. You get a dedicated specialist for the whole life of your account with Birch. This professional will understand your monetary needs and objectives, and can provide personalized guidance to assist you best reach your objectives.
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They have actually partnered with custodian Equity Trust to provide 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 kept with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance coverage through London underwriters.
They have average consumer ratings of over 4. Augusta Precious Metals is finest for retirement financiers interested in protecting their wealth and diversifying their cost savings. And who want to invest at least $50,000 into gold.
There’s no surefire way of knowing which metal is the best to purchase. Precious metals can be a good way to diversify your possessions and hedge against stock market volatility.
Their fees are similar to other gold IRA service providers. Note: This site is made possible through monetary relationships with some of the products and services discussed on this website. We might receive compensation if you go shopping through links in our content. You do not need to utilize our links, however you help support Credit, Donkey if you do.