Not just is it backed by Joe Montana, it’s also among the only gold IRA companies with no unfavorable problems on the BBB. Should you trust them with your retirement cost savings? Here’s a detailed review of Augusta Valuable Metals. Continue reading to learn the pros, cons, what sets them apart, and if there’s a better gold IRA supplier.
To open a gold individual retirement account, the account minimum is $50,000, which is higher than numerous competitors. If you have the cash, they have lower yearly fees than some other companies. Augusta Precious Metals might be the right gold IRA company for you if you: Are still unsure and desire to find out about purchasing gold before taking the leap, Wish to be assisted through every action, Have at least $50,000 to rollover or invest If you only wish to invest a percentage into gold rather, check at Goldco.
Here are 3 reasons that set Augusta Precious Metals apart. Investing your savings in gold can be scary, however Augusta Precious Metals takes the worry out of the formula.
They start by giving you a free gold coin just to learn more about gold Individual retirement accounts. You’ll get the “Ultimate Guide to Gold IRAs” and, more importantly, a private video chat to teach you about buying gold, the dangers and rewards, and frauds to avoid. And it doesn’t stop there.
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They’re a self-directed Individual retirement account provider with over 45 years of experience. Augusta will serve as your liaison to Equity Trust.
Your gold and other precious 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 protected by $1 billion all-risk insurance supplied by London underwriters. The Augusta ghysical gold and silver IRA is among the best on the market, as you can see in the contrast with their competitors below.
Nevertheless, they have actually never rejected a request. You can offer your gold on your own, of course. But that involves discovering a buyer or regional gold dealership, and looking for the finest prices. With Augusta Valuable Metals, you can have peace of mind knowing they could buy it back at competitive costs.
Your custodian can organize those sees. Now that you’ve got a strong idea of what Augusta Precious Metals is and the services they use, let’s compare it to other valuable metals IRA companies worth thinking about. Here’s how Augusta Precious Metals stands up to a few of its top competitors: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s preferred Custodian charges a flat yearly account service charge that includes a one-time IRA account set-up charge 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. Fees for gold storage and custodianship can vary depending on the company you pick to handle these services (needed by the IRS, as all IRA assets must be managed by a custodian).
Goldco does not charge any storage charges for money deals over $25,000. Depending on the alternatives you select, Goldco could have a somewhat greater annual charge than Augusta Valuable Metals. If you make at least $50,000 investment, they provide 5% back in premium silver.
One area Goldco stands out in is that they promise to purchase back your gold at the greatest price. This gives you more security understanding that you’re not stuck with your gold and can sell it back at an excellent rate.
And they waive costs in the first year for accounts over $50,000. Simply like Augusta Valuable Metals, Birch Gold gets excellent reviews from clients.
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They have actually 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 assets. And the gold and silver in your IRA is securely stored with depositories like Delaware Depository, which is secured by $1 billion all-risk insurance through London underwriters.
They have typical consumer scores of over 4. Augusta Valuable Metals is best for retirement investors interested in protecting their wealth and diversifying their savings. And who want to invest at least $50,000 into gold.
There’s no guaranteed way of knowing which metal is the finest to buy. Forecasting the marketplace is challenging, and even professionals often make mistakes. Valuable metals can be a great way to diversify your possessions and hedge versus stock market volatility. However, they do not produce extra wealth and do not have the growth capacity of stocks.
But their fees are equivalent to other gold individual retirement account service providers. Keep in mind: This site is made possible through financial relationships with a few of the items and services discussed on this website. We may get compensation if you shop through links in our material. You do not have to use our links, however you help support Credit, Donkey if you do.