Habibur RahmanAugusta Precious Metals Review — Learn about investing in gold & silver IRA with Augusta Precious Metals
Are you looking for a comprehensive review of Augusta Precious Metals? You’ve come to the right place. In this article, we’ll introduce you to the company, its products, and its services, and tell you everything you need to know before investing your hard-earned money in them.
We’ll also examine the pros and cons of doing business with Augusta Precious Metals and their fees and requirements. Let’s get started!
Click Here To Get Your Free Gold IRA Guide — Visit Official Site
What Is Augusta Precious Metals?
Augusta Precious Metals is a gold and silver dealer offering both cash purchases and precious metal IRAs. You can choose from several depositories to store your precious metals, and it has multiple custodian options too. Augusta provides lifetime customer support for your gold and silver investments.
Augusta Precious Metals can help you set up a self-directed IRA and send IRS-approved precious metals to secure depositories, but it also offers cash purchases if you want home delivery.
The company provides educational information for investors on its website, including market news, videos, and a required minimum distribution (RMD) calculator. The company also offers a free webinar for potential investors who have saved $100,000 or more.
Augusta also donates a portion of its net proceeds to K9s for Warriors.
How Can Augusta Precious Metals Help?
Essentially, Augusta makes it easy to create a gold IRA and supports you in acquiring gold that complies with IRS requirements. Furthermore, the company guarantees that your precious metals are stored in a secure, insured depository vault.
Augusta Precious Metals assists you with the setup of your gold IRA account. Working with Augusta also makes it simpler to transfer funds from an existing IRA, 401(k), or other retirement accounts to your precious metals IRA retirement account.
After you acquire your IRA precious metals, Augusta arranges for their transportation to the Delaware Depository.
Click Here To Get Your Free Gold IRA Guide — Visit Official Site
Augusta Precious Metals gold and silver IRAs
Setting up a self-directed IRA with Augusta Precious Metals lets you invest in gold, silver, and other precious metals in a tax-advantaged way for retirement. There are three steps to opening a gold or silver IRA with Augusta Precious Metals:
- Open an IRA: Augusta Precious Metals works with three gold IRA custodians, and it can help you set up your self-directed retirement account. Custodian options include Equity Trust, GoldStar Trust Company, and Kingdom Trust.
- Fund the account: If you have an existing 401(k), IRA, or another retirement account, you can roll over funds from those accounts into your new self-directed IRA.
- Buy gold or silver: You can then purchase precious metals for your IRA. Augusta sends your gold or silver to the Delaware Depository or another secure location in one of several cities around the country.
Augusta has a $50,000 minimum for orders, so you’ll need at least that much to start investing.
Who Is Augusta Precious Metals Best for?
Augusta Precious Metals is ideal for retirement investors looking to diversify outside stocks and similar investments. It’s for those who have at least $50,000 saved for a down payment.
Click Here to Get Your Free Gold IRA Guide — Visit Official Site
Augusta Precious Metals Review — Features and Benefits
Buying Gold and Silver Coins
You can purchase IRS-approved gold and silver coins at Augusta Precious Metals. This is made possible by the vast amount of industry knowledge held by Augusta Precious Metals and its employees.
Furthermore, this is useful if you don’t want to have an IRA and instead want to own physical gold or silver.
Some of the coins available through this company are as follows:
- Silver or Gold American Eagle
- Gold American Buffalo
- Canadian Silver Soaring Eagles
- Australian Striped Marlins
- Gold or Silver Canadian Maple Leafs
- Silver or Gold American Eagle proof coins
- Canadian Silver Eagles with Nest
- American Gold Eagle coin
- Canadian Maple Leaf
- Canadian Silver Maple Leaf
- American Hartford Gold
- Rose Crown Guinea
Augusta Precious Metals Review — Pros & Cons
There are a few things to remember before investing with Augusta Precious Metals. Here are some of the pros and cons of working with this company.
Pros
- A+ rating from the Better Business Bureau
- Long-term partner of Kingdom Trust, which manages over $12 billion in assets
- Competitive pricing of gold and silver
- Wide variety of precious metals, including gold, silver, and platinum
- An extensive list of collector’s coins
- Free shipping on all orders
- IRA accounts
- Excellent support
- Free education
Cons
- high minimum investment amount of $50,000
Lifetime Customer Support
Augusta Precious Metals’ goal is to build long-term relationships with its customers. This aim has pushed it to devote time to each customer and the prospective investor.
The company does not only educate you on the significance of portfolio diversification, but it also assists you with the majority of the paperwork associated with opening an account with them.
When you open an account with Augusta Precious Metals, you will gain access to its service specialists and its wealth of industry knowledge.
Products of Augusta Precious Metals
Augusta’s products are divided into two categories: premium items and common bullion products.
Augusta Precious Metals Review — Conclusion
There are no management fees with a self-directed Augusta IRA, but you’ll pay custodian and storage fees. Augusta says its custodians charge $280 for the first year and $180 each year after that.
The cost of the actual gold and silver you can buy varies based on current gold and silver spot prices and market rates for premium coins. However, Augusta is transparent about its ask-to-bid differential on purchases, fees, and transaction statuses.
Add comment