Not only is it endorsed by Joe Montana, it’s also among the only gold individual retirement account companies with no negative complaints on the BBB. Should you trust them with your retirement cost savings? Here’s a detailed evaluation of Augusta Precious Metals. Continue reading to discover 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 higher than numerous competitors. If you have the money, they have lower yearly charges than some other companies. Augusta Valuable Metals may be the best gold individual retirement account company for you if you: Are still unsure and desire to discover 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 desire to invest a percentage into gold instead, check at Goldco.
Here are 3 factors 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 customers and putting in the time to understand your objectives. You don’t hurry into any big decisions.
They begin by offering you a free gold coin simply to discover gold IRAs. You’ll get the “Ultimate Guide to Gold IRAs” and, more notably, a private video chat to teach you about investing in gold, the dangers and benefits, and rip-offs to prevent. And it does not stop there.
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Augusta Rare-earth elements’ preferred custodian is Equity Trust. They’re a self-directed individual retirement account provider with over 45 years of experience. They serve consumers in all 50 states and hold over $34 billion in properties. Augusta will serve as your intermediary to Equity Trust. Obviously, you have access to them anytime you want.
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 safeguarded by $1 billion all-risk insurance offered by London underwriters. The Augusta ghysical gold and silver IRA is one of the best on the marketplace, as you can see in the contrast with their rivals listed below.
That includes discovering a buyer or regional gold dealership, and browsing for the best prices. With Augusta Valuable Metals, you can have peace of mind knowing they might purchase it back at competitive prices.
Your custodian can organize those check outs. Now that you’ve got a solid idea of what Augusta Precious Metals is and the services they provide, let’s compare it to other precious metals IRA providers worth thinking about. Here’s how Augusta Valuable Metals withstands some of its leading competitors: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s preferred Custodian charges a flat yearly account service charge which consists of a one-time IRA account set-up fee of $50, along with 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 handle these services (needed by the IRS, as all IRA possessions must be handled by a custodian).
Goldco does not charge any storage costs for cash deals over $25,000. Depending on the alternatives you choose, Goldco could have a slightly greater yearly charge than Augusta Valuable 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 promise to buy 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 a good cost.
And they waive costs in the very first year for accounts over $50,000. Much Like Augusta Valuable Metals, Birch Gold gets terrific evaluations from clients. You get a dedicated professional for the entire life of your account with Birch. This professional will comprehend your monetary needs and objectives, and can provide customized recommendations to assist you best reach your objectives.
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They’ve partnered with custodian Equity Trust to provide 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 securely kept with depositories like Delaware Depository, which is protected by $1 billion all-risk insurance through London underwriters.
They have average client rankings of over 4. 9 stars. If you’re still concerned, take a look at this useful guide from the CTFC on how to determine rare-earth elements scams. Augusta Precious Metals is best for retirement financiers interested in maintaining their wealth and diversifying their cost savings. And who desire to invest at least $50,000 into gold.
There’s no guaranteed method of understanding which metal is the finest to buy. Precious metals can be a good way to diversify your assets and hedge against stock market volatility.
But their fees are similar to other gold individual retirement account service providers. Keep in mind: This site is enabled through monetary relationships with a few of the products and services discussed on this site. We may receive settlement if you go shopping through links in our content. You do not have to use our links, but you help support Credit, Donkey if you do.