Simply stated, Augusta Precious Metals is amongst the top providers of Gold IRAs. The company’s reputation is without a blemish in the industry, with absolutely no complaints against it registered with the Better Business Bureau (BBB) and Business Consumer Alliance (BCA). Moreover, it offers the most competitive pricing as well as lifetime support for your account. Besides, you will be invited to a one-to-one web conference in order to educate you before you can buy anything.
A Few Key Points To Note About Augusta Precious Metals
- Only gold IRA company with absolutely no BBB or BCA complaints since their inception in 2012
- Unique one-to-one web conference for investor education, the conference being led by a Harvard- trained economist on the payroll of the company
- Chosen by Joe Montana’s personal advisors anonymously after examining the top gold IRA companies
- Competitive and transparent pricing, including a maximum of 10 years’ fees waived
- No pressure tactics in sales, which implies no gimmicks or intimidations
- Purely focused on silver and gold IRAs, with lifetime support for account
With the pandemic creating mayhem, inflation rising, and jobs being lost, there is concern amongst many that their current retirement plans, usually of a conventional nature, may not be sufficient to provide a financially secure retired life in future. However, Augusta Precious Metals can be of assistance.
There is no doubt that Augusta can help any American investor, who wishes to secure his future life of retirement, understand the present state of the economy, and also why and how to diversify with physical silver and gold.
It is one of the most important reasons, along with incredible reputation and attractive pricing, to select Augusta over others. After all, it is not an easy proposition to find favor with a multi-millionaire’s personal advisors – the multi-millionaire being Joe Montana.
You can’t lose with Augusta if you are thinking of opening a Gold IRA for your retirement portfolio.
Specialty Offerings from Augusta Precious Metals
Gold IRA:
This is a retirement investment option with tax benefits allowed by the IRS. In essence, it is a “self-directed” investment, allowing you to manage your own assets and take advantage of the many benefits that silver and gold investments offer. A Gold IRA has the same advantages and is subject to the same rules as any other IRA. It has to be administered by a custodian and its storage needs to be in a secure facility.
Augusta provides its client with the physical silver and gold for this kind of IRA. It also offers the services that help you to not only learn about and open your account, but also guide you on how to work with the custodian as well as storage facility.
Silver IRA:
This is similar to the Gold IRA, except that it contains silver.
Non-IRA Silver And Gold Cash Accounts:
This allows investors to buy gold and silver coins and store them at any place of their choice. Over time, these coins appreciate in value, improving the wealth status of the investors.
Storage Services Related To Physical Silver And Gold
Although the company sells silver and gold coins, they work hand in hand with storage facilities that provide you with secure storage for these coins too. Augusta’s website features a map that shows where these storage facilities are situated and you can make your selection according to your convenience.
Custodian Services
A silver or gold IRA has the requirement that your account be administered by a custodian. Augusta has tie-ups with a number of custodians – which gives you confidence in the company’s way of functioning. Augusta actually helps you, on completion, with 95% of the paperwork. Moreover, in contrast to some other gold IRA providers, it continues working with you so that you can communicate better with your custodian subsequent to your purchase of silver and gold.
Multi-Team Approach
Lastly, Augusta’s multi-team approach towards the customer deserves special mention. Every staff member of the company is ready to help you to understand silver and gold and get started with your account without difficulty. Also, they continue assisting you along the way as your investments build up. Possessing silver and gold is like a journey, and the company is ever ready to offer you that critical support whenever necessary – making it easy for you to diversify your retirement savings.
Gold IRA Fees That Augusta Requires
Nature Of Service: Precious Metal IRAs
Minimum Investment: $50,000
Annual Fee: $180 (custodial plus storage fees – no additional management fees chargeable)
Nature Of Service: Non-IRAs
Minimum Investment: $50,000
Annual Fee: $100 (no fees if you take care of your own storage)
Admittedly, Augusta’s high minimum of $50,000 to start, in comparison to competition, might seem prohibitive to some investors. However, this is the company’s only drawback. Now, it is a fact that many retirement investors can comfortably come up with this minimum amount. Hence, it is not a problem for them to get started with Augusta.
Augusta is exceptionally transparent regarding fee structure. For precious metal IRAs, there is a modest $80 fee for custodial maintenance, and the rest, which is $100, is payment for depository storage.
Custodial setup fees are minimal and Augusta itself does not charge any management fees as you, to all intents and purposes, have the responsibility of managing your own account. The company also offers, up to a limit of 10 years, fee-free custodial services as well as storage.
Hence, it can be said that Augusta’s fee structure is very competitive. Further, the company’s compliance department makes sure that you are informed on precisely what products you are paying for and how much. The order desk has no issues with spending plenty of time with you to introduce you to the best choices for silver and gold and to assist you with putting together a precious metals portfolio.
