Not only is it backed by Joe Montana, it’s also one of the only gold IRA companies with no negative complaints on the BBB. Should you trust them with your retirement cost savings? Here’s a detailed evaluation of Augusta Valuable 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 higher than numerous rivals. However if you have the cash, they have lower annual charges than some other business. Augusta Precious Metals may be the right gold individual retirement account company for you if you: Are still unsure and wish to find out about investing in gold prior to taking the leap, Want to be assisted through every step, Have at least $50,000 to rollover or invest If you just wish to invest a small amount into gold rather, 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 start by giving you a complimentary gold coin just to learn about gold Individual retirement accounts. You’ll get the “Ultimate Guide to Gold IRAs” and, more notably, a private video chat to teach you about buying gold, the threats and benefits, and scams to avoid. And it doesn’t stop there.
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Augusta Valuable Metals’ preferred 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 properties. Augusta will serve as your intermediary to Equity Trust. Obviously, you have access to them anytime you desire.
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 provided by London underwriters. The Augusta ghysical gold and silver individual retirement account is one of the very best on the marketplace, as you can see in the contrast with their rivals listed below.
However, they have actually never ever refused a request. You can offer your gold on your own, of course. However that involves discovering a buyer or regional gold dealership, and browsing for the finest costs. With Augusta Rare-earth Elements, you can have assurance knowing they could buy it back at competitive prices.
Your custodian can organize those check outs. Now that you have actually got a solid idea of what Augusta Valuable Metals is and the services they provide, let’s compare it to other precious metals individual retirement account companies worth considering. Here’s how Augusta Valuable Metals withstands a few 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 fee which includes a one-time IRA account set-up fee 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 vary depending on the business you pick to manage these services (needed by the internal revenue service, as all individual retirement account assets need to be handled by a custodian).
Goldco does not charge any storage costs for cash deals over $25,000. Depending on the options you choose, Goldco might have a somewhat higher annual cost than Augusta Valuable Metals. If you make at least $50,000 financial investment, they provide 5% back in premium silver.
Customers give Goldco comparable reviews. Both companies are known for customized service and excellent client assistance. One area Goldco sticks out in is that they guarantee to buy back your gold at the greatest cost. This offers you more security knowing that you’re not stuck to your gold and can offer it back at a great price.
And they waive fees in the first year for accounts over $50,000. Much Like Augusta Valuable Metals, Birch Gold gets terrific reviews from clients. You get a devoted professional for the entire life of your account with Birch. This expert will comprehend your financial requirements and goals, and can give customized suggestions to assist you finest reach your goals.
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They’ve partnered with custodian Equity Trust to supply 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 individual retirement account is safely saved with depositories like Delaware Depository, which is safeguarded by $1 billion all-risk insurance through London underwriters.
They have average client ratings of over 4. 9 stars. If you’re still worried, take an appearance at this valuable guide from the CTFC on how to identify precious metals scams. Augusta Precious Metals is best for retirement investors interested in preserving 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 finest to buy. Valuable metals can be a good way to diversify your assets and hedge versus stock market volatility.
Their costs are similar to other gold IRA companies. Note: This website is made possible through financial relationships with some of the items and services mentioned on this site. We might receive settlement if you shop through links in our content. You do not have to utilize our links, but you assist support Credit, Donkey if you do.