Not just is it backed by Joe Montana, it’s also one of the only gold IRA companies with no unfavorable problems on the BBB. Should you trust them with your retirement cost savings? Here’s a comprehensive evaluation of Augusta Precious Metals. Keep reading to learn the pros, cons, what sets them apart, and if there’s a better gold individual retirement account provider.
To open a gold individual retirement account, the account minimum is $50,000, which is higher than many rivals. But if you have the cash, they have lower annual fees than some other business. Augusta Precious Metals might be the ideal gold IRA business for you if you: Are still uncertain and wish to discover buying 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 little amount 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, but Augusta Precious Metals takes the fear out of the equation.
They begin by providing you a free gold coin simply to find out about gold IRAs. You’ll get the “Ultimate Guide to Gold IRAs” and, more significantly, a private video chat to teach you about buying gold, the risks and benefits, and scams to avoid. And it doesn’t stop there.
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They’re a self-directed IRA supplier with over 45 years of experience. Augusta will serve as your intermediary to Equity Trust.
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 Individual retirement account is one of the best on the market, as you can see in the comparison with their rivals below.
However, they have never rejected a request. You can offer your gold by yourself, naturally. But that involves finding a purchaser or regional gold dealership, and looking for the very best costs. With Augusta Valuable Metals, you can have peace of mind knowing they could buy it back at competitive costs.
Your custodian can arrange those gos to. Now that you have actually got a strong concept of what Augusta Valuable Metals is and the services they offer, let’s compare it to other rare-earth elements IRA companies worth thinking about. Here’s how Augusta Rare-earth elements withstands a few 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 cost of $50, along with a $30 wire cost. Yearly maintenance is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Fees for gold storage and custodianship can vary depending upon the business you pick to manage these services (needed by the internal revenue service, as all individual retirement account properties should be managed by a custodian).
Goldco does not charge any storage fees for money transactions over $25,000. Depending on the options you pick, Goldco might have a somewhat greater annual cost than Augusta Valuable Metals. If you make at least $50,000 financial investment, they offer 5% back in premium silver.
One area Goldco stands out in is that they guarantee to buy back your gold at the greatest rate. This provides you more security knowing that you’re not stuck with your gold and can offer it back at a good rate.
And they waive fees in the first year for accounts over $50,000. Just like Augusta Precious Metals, Birch Gold gets excellent evaluations from clients.
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They have actually partnered with custodian Equity Trust to supply their gold and silver IRAs. Equity Trust has been around for over 45 years and holds over $34 billion in possessions. And the gold and silver in your IRA is safely kept with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance through London underwriters.
They have typical customer rankings of over 4. 9 stars. If you’re still worried, take an appearance at this useful guide from the CTFC on how to determine valuable metals fraud. Augusta Precious Metals is best for retirement financiers interested in preserving their wealth and diversifying their savings. And who desire to invest a minimum of $50,000 into gold.
There’s no surefire way of understanding which metal is the best to purchase. Precious metals can be an excellent method to diversify your possessions and hedge versus stock market volatility.
Their fees are comparable to other gold Individual retirement account providers. Keep in mind: This site is made possible through financial relationships with some of the products and services discussed on this website.