Not only is it backed by Joe Montana, it’s likewise among the only gold individual retirement account business with no unfavorable 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 discover 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 higher than many rivals. But if you have the cash, they have lower yearly fees than some other business. Augusta Rare-earth elements may be the ideal gold individual retirement account business for you if you: Are still undecided and desire to discover investing in gold before taking the leap, Wish to be directed through every step, Have at least $50,000 to rollover or invest If you only want 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 frightening, however Augusta Valuable Metals takes the worry out of the equation.
They start by giving you a complimentary gold coin simply to find out 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 investing in gold, the threats and benefits, and frauds to prevent. And it does not 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 function as your liaison to Equity Trust. Naturally, you have access to them anytime you want.
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 protected by $1 billion all-risk insurance coverage offered by London underwriters. The Augusta ghysical gold and silver IRA is among the best on the marketplace, as you can see in the contrast with their rivals below.
They have never turned down a demand. You can sell your gold on your own, obviously. But that includes discovering a buyer or regional gold dealership, and searching for the very best costs. With Augusta Valuable Metals, you can have peace of mind understanding they could purchase it back at competitive rates.
Your custodian can organize those check outs. Now that you’ve got a solid concept of what Augusta Valuable Metals is and the services they use, let’s compare it to other valuable metals IRA providers worth considering. Here’s how Augusta Precious Metals stands up to some of its leading competitors: Goldco, Birch Gold Group, and Noble Gold.
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Goldco’s favored Custodian charges a flat yearly account service charge 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. Charges for gold storage and custodianship can vary depending upon the business you choose to handle these services (needed by the internal revenue service, as all individual retirement account assets should be handled by a custodian).
35% to 1% each year. Goldco does not charge any storage costs for money deals over $25,000. Let’s begin with some important statistics. Goldco has a minimum investment of $25,000. Depending on the options you select, Goldco could have a somewhat higher annual fee than Augusta Valuable Metals. But if you make at least $50,000 financial investment, they use 5% back in premium silver.
Consumers provide Goldco similar evaluations. Both companies are understood for customized service and exceptional customer support. One area Goldco stands apart in is that they promise to purchase back your gold at the greatest price. This provides you more security knowing that you’re not stuck with your gold and can offer it back at a great rate.
And they waive charges in the very first year for accounts over $50,000. Much Like Augusta Valuable Metals, Birch Gold gets fantastic reviews from clients. You get a devoted expert for the entire life of your account with Birch. This professional will understand your monetary needs and goals, and can give tailored guidance to help you best reach your goals.
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They’ve partnered with custodian Equity Trust to provide their gold and silver Individual retirement accounts. Equity Trust has been around for over 45 years and holds over $34 billion in properties. 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 coverage through London underwriters.
They have average customer ratings 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 fraud. Augusta Valuable Metals is finest 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. Precious metals can be a great method to diversify your properties and hedge versus stock market volatility.
Their fees are similar to other gold IRA companies. Note: This site is enabled through financial relationships with some of the items and services discussed on this site. We may get compensation if you go shopping through links in our content. You do not need to utilize our links, however you help support Credit, Donkey if you do.