Not only is it endorsed by Joe Montana, it’s also one of the only gold IRA companies with no 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 learn the pros, cons, what sets them apart, and if there’s a much better gold individual retirement account supplier.
To open a gold IRA, the account minimum is $50,000, which is higher than numerous rivals. If you have the money, they have lower yearly costs than some other business. Augusta Precious Metals might be the right gold IRA business for you if you: Are still undecided and wish to discover purchasing gold before taking the leap, Wish to be assisted through every step, Have at least $50,000 to rollover or invest If you just wish to invest a percentage into gold instead, check at Goldco.
Here are 3 reasons that set Augusta Precious Metals apart. Investing your cost savings in gold can be scary, but Augusta Precious Metals takes the fear out of the formula. They believe in informing their clients and putting in the time to understand your objectives. You don’t rush into any big decisions.
They start by giving you a free gold coin simply to find out about gold Individual retirement accounts. You’ll receive the “Ultimate Guide to Gold IRAs” and, more notably, a personal video chat to teach you about buying gold, the dangers and benefits, and rip-offs 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 company with over 45 years of experience. They serve customers in all 50 states and hold over $34 billion in assets. Augusta will act as your liaison to Equity Trust. Naturally, you have access to them anytime you desire.
Your gold and other rare-earth elements 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 coverage 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 listed below.
They have actually never turned down a demand. You can offer your gold on your own, naturally. But that involves discovering a buyer or regional gold dealership, and searching for the very best prices. With Augusta Valuable Metals, you can have comfort understanding they could purchase it back at competitive prices.
Your custodian can set up those visits. Now that you have actually got a strong concept of what Augusta Valuable 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 a few of its leading competitors: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s favored Custodian charges a flat annual account service charge that includes a one-time IRA account set-up cost of $50, as well as a $30 wire fee. Yearly upkeep 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 business you select to handle these services (required by the IRS, as all individual retirement account assets should be handled by a custodian).
Goldco does not charge any storage fees for money deals over $25,000. Depending on the alternatives you select, Goldco could have a slightly greater annual charge than Augusta Valuable Metals. If you make at least $50,000 financial investment, they use 5% back in premium silver.
One area Goldco stands out in is that they promise to purchase 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 great price.
And they waive charges 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 specialist for the entire life of your account with Birch. This specialist will comprehend your financial needs and objectives, and can offer customized advice to assist you best reach your objectives.
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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 stored with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance coverage through London underwriters.
They have typical consumer scores of over 4. 9 stars. If you’re still concerned, take a look at this handy guide from the CTFC on how to determine rare-earth elements scams. Augusta Precious Metals is finest for retirement investors interested in maintaining their wealth and diversifying their cost savings. And who wish to invest at least $50,000 into gold.
There’s no guaranteed way of knowing which metal is the best to buy. Precious metals can be an excellent method to diversify your assets and hedge against stock market volatility.
However their costs are similar to other gold IRA service providers. Note: This website is enabled through financial relationships with a few of the product or services pointed out on this site. We may receive payment if you shop through links in our material. You do not have to use our links, but you assist support Credit, Donkey if you do.