Not just is it endorsed by Joe Montana, it’s likewise one of the only gold individual retirement account companies with no unfavorable problems on the BBB. Should you trust them with your retirement savings? Here’s a detailed review of Augusta Precious Metals. Keep reading to learn 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 greater than numerous competitors. If you have the money, they have lower annual charges than some other companies. Augusta Precious Metals might be the best gold IRA company for you if you: Are still uncertain and wish to learn about investing in gold before 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 percentage into gold instead, check at Goldco.
Here are 3 factors that set Augusta Precious Metals apart. Investing your cost savings in gold can be scary, however Augusta Valuable Metals takes the fear out of the equation. They think in educating their customers and putting in the time to understand your goals. You do not hurry into any big choices.
They begin by offering you a totally free gold coin just to learn about gold Individual retirement accounts. You’ll get the “Ultimate Guide to Gold IRAs” and, more significantly, a personal video chat to teach you about investing in gold, the threats and benefits, and scams to avoid. And it doesn’t stop there.
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Augusta Precious Metals’ favored custodian is Equity Trust. They’re a self-directed IRA supplier with over 45 years of experience. They serve customers in all 50 states and hold over $34 billion in assets. Augusta will act as your intermediary to Equity Trust. Of course, you have access to them anytime you desire.
In addition to the depository’s physical security, your gold and silver will be protected by $1 billion all-risk insurance coverage supplied 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 contrast with their rivals below.
They have never turned down a request. You can offer your gold on your own, obviously. That includes finding a purchaser or local gold dealer, and browsing for the finest rates. With Augusta Rare-earth Elements, you can have peace of mind understanding they might purchase it back at competitive prices.
Your custodian can arrange those gos to. Now that you’ve got a strong idea of what Augusta Valuable Metals is and the services they use, let’s compare it to other precious metals IRA companies worth thinking about. Here’s how Augusta Rare-earth elements withstands some of its leading 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 fee. 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 pick to deal with these services (required by the IRS, as all IRA properties need to be managed by a custodian).
35% to 1% each year. Goldco does not charge any storage charges for money deals over $25,000. Let’s begin with some important statistics. Goldco has a minimum investment of $25,000. Depending upon the choices you select, Goldco could have a slightly greater annual fee than Augusta Precious Metals. If you make at least $50,000 investment, they offer 5% back in premium silver.
One location Goldco stands out in is that they promise to purchase back your gold at the highest rate. This offers you more security understanding that you’re not stuck with your gold and can sell it back at an excellent price.
And they waive fees in the very first year for accounts over $50,000. Much Like Augusta Rare-earth Elements, Birch Gold gets great reviews from consumers. You get a dedicated specialist for the entire life of your account with Birch. This professional will understand your financial requirements and goals, and can give individualized advice to assist you finest reach your goals.
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They’ve 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 IRA is securely saved with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance through London underwriters.
They have average customer scores of over 4. Augusta Valuable Metals is best for retirement financiers interested in protecting their wealth and diversifying their cost savings. And who desire to invest at least $50,000 into gold.
There’s no guaranteed method of knowing which metal is the best to buy. Anticipating the marketplace is challenging, and even experts regularly make errors. Valuable metals can be a great way to diversify your assets and hedge against stock exchange volatility. They do not generate extra wealth and do not have the development potential of stocks.
Their fees are equivalent to other gold IRA service providers. Keep in mind: This website is made possible through monetary relationships with some of the products and services pointed out on this site.