Not only is it backed by Joe Montana, it’s also one of the only gold individual retirement account companies without any negative grievances on the BBB. Should you trust them with your retirement cost savings? Here’s an in-depth review of Augusta Precious Metals. Continue reading to find out the pros, cons, what sets them apart, and if there’s a better gold IRA company.
To open a gold individual retirement account, the account minimum is $50,000, which is greater than many competitors. If you have the cash, they have lower yearly charges than some other companies. Augusta Rare-earth elements may be the right gold IRA business for you if you: Are still uncertain and wish to find out about investing in gold prior to taking the leap, Wish to be directed through every step, Have at least $50,000 to rollover or invest If you just wish to invest a percentage into gold rather, 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 worry out of the formula.
They begin by offering you a complimentary gold coin just to find out about gold Individual retirement accounts. You’ll receive the “Ultimate Guide to Gold IRAs” and, more importantly, a private video chat to teach you about investing in gold, the dangers and benefits, and scams to prevent. And it doesn’t stop there.
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They’re a self-directed IRA company with over 45 years of experience. Augusta will serve as your intermediary to Equity Trust.
Your gold and other precious 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 offered by London underwriters. The Augusta ghysical gold and silver IRA is one of the finest on the market, as you can see in the comparison with their competitors below.
That involves discovering a buyer or local gold dealer, and browsing for the best costs. With Augusta Precious Metals, you can have peace of mind understanding they might purchase it back at competitive prices.
Your custodian can set up those visits. 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 individual retirement account service providers worth thinking about. Here’s how Augusta Rare-earth elements stands up to 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 fee which includes a one-time IRA account set-up charge of $50, in addition to a $30 wire cost. Annual maintenance is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Fees for gold storage and custodianship can differ depending on the company you choose to handle these services (needed by the IRS, as all IRA possessions should be handled by a custodian).
35% to 1% each year. Goldco does not charge any storage costs for money transactions over $25,000. Let’s start with some crucial statistics. Goldco has a minimum investment of $25,000. Depending on the choices you choose, Goldco could have a slightly greater yearly fee than Augusta Valuable 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 rate.
And they waive costs in the very first year for accounts over $50,000. Simply like Augusta Precious Metals, Birch Gold gets terrific reviews from customers.
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They have actually partnered with custodian Equity Trust to offer their gold and silver Individual retirement accounts. 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 safely kept with depositories like Delaware Depository, which is protected by $1 billion all-risk insurance coverage through London underwriters.
They have typical customer rankings of over 4. 9 stars. If you’re still concerned, take an appearance at this practical guide from the CTFC on how to recognize valuable metals scams. Augusta Valuable Metals is best for retirement financiers thinking about protecting their wealth and diversifying their savings. And who wish to invest a minimum of $50,000 into gold.
There’s no surefire method of knowing which metal is the best to buy. Valuable metals can be a good way to diversify your assets and hedge against stock market volatility.
Their charges are comparable to other gold IRA service providers. Note: This site is made possible through financial relationships with some of the items and services pointed out on this website.