Not just is it backed by Joe Montana, it’s also one of the only gold individual retirement account companies without any negative problems on the BBB. Should you trust them with your retirement savings? Here’s an in-depth evaluation of Augusta Precious Metals. Keep reading to find out the pros, cons, what sets them apart, and if there’s a better gold individual retirement account service provider.
To open a gold individual retirement account, the account minimum is $50,000, which is greater than many competitors. If you have the money, they have lower yearly fees than some other business. Augusta Rare-earth elements may be the ideal gold individual retirement account company for you if you: Are still undecided and wish to learn more about purchasing gold prior to taking the leap, Want to be directed through every action, Have at least $50,000 to rollover or invest If you just want to invest a percentage into gold rather, check at Goldco.
Here are 3 reasons that set Augusta Rare-earth elements apart. Investing your savings in gold can be frightening, however Augusta Precious Metals takes the fear out of the equation. They believe in educating their consumers and putting in the time to comprehend your goals. So you don’t hurry into any big decisions.
They begin by providing 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 significantly, a private video chat to teach you about investing in gold, the dangers and benefits, and rip-offs to avoid. And it does not stop there.
What Does Working At Augusta Precious Metals: 7 Reviews Do?
Augusta Rare-earth elements’ preferred custodian is Equity Trust. They’re a self-directed individual retirement account company with over 45 years of experience. They serve customers in all 50 states and hold over $34 billion in possessions. Augusta will act as your intermediary to Equity Trust. Of course, you have access to them anytime you want.
In addition to the depository’s physical security, your gold and silver will be safeguarded by $1 billion all-risk insurance coverage supplied by London underwriters. The Augusta ghysical gold and silver Individual retirement account 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 dealership, and browsing for the finest rates. With Augusta Precious Metals, you can have peace of mind knowing they might buy it back at competitive rates.
Your custodian can arrange those check outs. Now that you’ve got a strong concept of what Augusta Valuable Metals is and the services they offer, let’s compare it to other valuable metals individual retirement account companies worth thinking about. Here’s how Augusta Valuable Metals stands up to 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 charge of $50, along with a $30 wire fee. Yearly 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 upon the company you pick to deal with these services (needed by the internal revenue service, as all IRA possessions should be managed by a custodian).
Goldco does not charge any storage fees for cash deals over $25,000. Depending on the choices you pick, Goldco could have a slightly greater annual fee than Augusta Precious Metals. If you make at least $50,000 investment, they provide 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 provides you more security knowing that you’re not stuck with your gold and can sell it back at a great price.
And they waive fees in the very first year for accounts over $50,000. Similar To Augusta Rare-earth Elements, Birch Gold gets great evaluations from consumers. You get a dedicated specialist for the entire life of your account with Birch. This professional will comprehend your monetary needs and objectives, and can give tailored recommendations to help you finest reach your objectives.
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They have actually partnered with custodian Equity Trust to offer their gold and silver IRAs. Equity Trust has actually been around for over 45 years and holds over $34 billion in possessions. 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 coverage through London underwriters.
They have average customer scores of over 4. Augusta Valuable Metals is best for retirement financiers interested in maintaining their wealth and diversifying their savings. And who desire to invest at least $50,000 into gold.
There’s no surefire way of understanding which metal is the finest to buy. Forecasting the market is difficult, and even experts regularly make errors. Precious metals can be an excellent way to diversify your possessions and hedge against stock exchange volatility. They don’t produce extra wealth and do not have the growth potential of stocks.
Their charges are comparable to other gold Individual retirement account providers. Note: This site is made possible through financial relationships with some of the products and services discussed on this site.