Not just is it backed by Joe Montana, it’s likewise one of the only gold individual retirement account companies with no negative problems on the BBB. Should you trust them with your retirement savings? Here’s a detailed evaluation of Augusta Precious Metals. Continue reading to find out the pros, cons, what sets them apart, and if there’s a better gold individual retirement account company.
To open a gold IRA, the account minimum is $50,000, which is greater than lots of competitors. However if you have the cash, they have lower annual fees than some other business. Augusta Rare-earth elements might be the right gold IRA company for you if you: Are still unsure and wish to find out about purchasing gold before taking the leap, Wish to be assisted through every step, Have at least $50,000 to rollover or invest If you only 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 scary, however Augusta Valuable Metals takes the worry out of the equation. They think in educating their consumers and making the effort to understand your goals. So you don’t rush into any huge decisions.
They begin by offering you a totally free gold coin simply to learn more about gold Individual retirement accounts. You’ll receive the “Ultimate Guide to Gold IRAs” and, more notably, a private video chat to teach you about purchasing gold, the dangers and benefits, and rip-offs to prevent. And it doesn’t stop there.
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Augusta Precious Metals’ favored custodian is Equity Trust. They’re a self-directed individual retirement account provider with over 45 years of experience. They serve clients 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 desire.
Your gold and other rare-earth elements are kept 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 protected by $1 billion all-risk insurance provided by London underwriters. The Augusta ghysical gold and silver individual retirement account is one of the very best on the market, as you can see in the comparison with their rivals below.
They have actually never turned down a demand. You can offer your gold by yourself, of course. However that includes finding a purchaser or local gold dealership, and searching for the finest rates. With Augusta Rare-earth Elements, you can have assurance knowing they could purchase it back at competitive costs.
Your custodian can arrange those gos to. Now that you’ve got a strong concept of what Augusta Precious Metals is and the services they offer, let’s compare it to other rare-earth elements IRA providers worth thinking about. Here’s how Augusta Precious Metals withstands some 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 fee of $50, in addition to a $30 wire cost. 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 on the company you select to manage these services (needed by the IRS, as all IRA properties need to be managed by a custodian).
Goldco does not charge any storage costs for money deals over $25,000. Depending on the alternatives you pick, Goldco might have a slightly higher annual cost than Augusta Valuable Metals. If you make at least $50,000 investment, they use 5% back in premium silver.
Clients give Goldco comparable reviews. Both business are known for customized service and excellent consumer support. One location Goldco stands apart in is that they guarantee to redeem your gold at the greatest cost. This provides you more security knowing that you’re not stuck to your gold and can offer it back at an excellent price.
And they waive costs in the first year for accounts over $50,000. Just like Augusta Valuable Metals, Birch Gold gets great evaluations from customers.
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They’ve partnered with custodian Equity Trust to offer their gold and silver Individual retirement accounts. Equity Trust has been around for over 45 years and holds over $34 billion in assets. And the gold and silver in your IRA is safely saved with depositories like Delaware Depository, which is safeguarded by $1 billion all-risk insurance through London underwriters.
They have average customer rankings of over 4. Augusta Precious Metals is best for retirement investors interested in preserving their wealth and diversifying their cost savings. And who want to invest at least $50,000 into gold.
There’s no guaranteed way of knowing which metal is the best to buy. Valuable metals can be a good method to diversify your possessions and hedge against stock market volatility.
Their costs are similar to other gold IRA service providers. Keep in mind: This site is made possible through financial relationships with some of the products and services mentioned on this website.