Discover if investing in gold is right for your retirement. Learn about Augusta Precious Metals' Gold IRA features, costs, and unique advantages.
When planning for retirement, it’s crucial to diversify your investments, especially in today’s unstable economic climate. Investing in precious metals like gold can help protect your savings from inflation and market volatility.
While no investment plan is perfect and may have drawbacks (such as gold and silver not earning dividends), these metals still offer a stable alternative to traditional investments.
One way to include gold and silver in your retirement strategy is through a gold IRA (Individual Retirement Account) with Augusta Precious Metals.
Key insights you'll gain from this Augusta Precious Metals Review:
- Diversifying Retirement Investments: How gold and silver can protect your savings from inflation and market volatility.
- Augusta Precious Metals’ Gold IRA Features: Personalized assistance, educational resources, and simplified IRA processing.
- Investment Options: Various gold and silver coins for IRAs and the benefits of a self-directed IRA.
- Cost Overview: Initial and annual fees, buyback prices, and the importance of consulting financial professionals.
What Sets Augusta Precious Metals Apart from Other IRAs?
- One on One Web Session: Before opening an IRA with Augusta Precious Metals, you can join an online web conference to learn about their offerings. This session educates you on a gold IRA, the benefits of investing in precious metals, how to avoid gimmicks when buying silver and gold, and more. The free session has no obligations, though it’s recommended for those with at least $100,000 in savings.
- Educational Content in Video Format: Augusta Precious Metals provides educational videos on buying gold in an IRA, understanding the Federal Reserve, handling retirement risks, and how current events may impact investments.
- Account Lifetime Customer Support: As a customer of Augusta Precious Metals, you gain access to their account lifetime customer support. Clients are assigned a customer success agent available via phone or email to answer questions.
- Strong Guarantees: Augusta Precious Metals stands out with strong guarantees, including a buyback guarantee for any precious metals purchased through its website and a seven-day money-back guarantee.
What Does Augusta Precious Metals Offer?
Gold and Silver IRA: Augusta Precious Metals provides gold and silver IRA options. With these options, you receive help from a representative throughout the process—from opening the account to handling any questions you may have in the future. Augusta covers the cost of shipping fees and liability insurance until your precious metals are delivered to the storage location. The IRS has specific purity requirements for precious metals in IRAs: gold bars and coins must be at least 99.5% pure.
Gold coins available for your IRA include:
- Gold and Silver IRA
- American Eagles
- American Eagle Proofs
- Canadian Maple Leaf
- Gold Canadian Eagle
- American Buffalo
- Australian Striped Marlin
Gold Cash Purchases: If you prefer not to invest in an IRA or do not meet the minimum investment requirement of $50,000, you can purchase gold and silver products directly from Augusta Precious Metals. The company offers coin and bar products that can be shipped to any location at no additional cost.
What Does it Cost to Partner with Augusta Precious Metals?
Pricing and Fees: Augusta Precious Metals does not list product prices on its website due to the constant fluctuations in the gold and silver markets. You need to call and speak with an agent to obtain the price of a specific bar or coin. The company does not charge management fees for its gold and silver IRAs.
Initial and Recurring Fees: Opening a gold IRA with Augusta Precious Metals involves a one-time set-up fee of $250, covering custodian and storage Costs. Additionally, there is a $200 annual fee for ongoing custodian and storage expenses. However, Augusta covers these fees for up to 10 years for it’s customers.
Buyback Prices: Augusta Precious Metals determines its buyback prices internally based on the product’s intrinsic metal value. These prices vary regularly, influenced by the market, current prices, and whether the product is common bullion or a premium product.
How to Get Started with Augusta Precious Metals Gold IRA?
Gold IRA Accessibility: Augusta Precious Metals offers gold and silver investment opportunities to individuals interested in diversifying their portfolios. The minimum investment requirement is $50,000, and the initial set-up fee is $250.
Availability: Augusta Precious Metals operates throughout the U.S. Investors can purchase gold or silver and have it shipped to their home or stored in one of Augusta’s preferred depositories.
Contact Information: Augusta Precious Metals prides itself on exceptional customer support. You can reach them through their website or by calling 1-800-700-1008 to speak with a representative.
Business hours are 6 a.m. to 4 p.m. Pacific Standard Time.
Overall Review of Augusta Precious Metals Gold IRA
Gold IRAs offer investors a means to diversify their portfolios with precious metals, providing a hedge against market volatility.
Augusta Precious Metals stands out with its exceptional educational content, scam-avoidance advice, and dedicated customer support—key factors that rank it among the best gold IRA providers.
Physical Gold IRA: Augusta offers both IRA investment options and direct gold purchases. This flexibility allows you to choose how you want to diversify your savings.
Simple, Straightforward Process
- Create Your New IRA
Work with Augusta’s preferred self-directed IRA custodian. - Fund Your Account
Use funds from your existing retirement account. - Buy Gold
Choose and order with the help of Augusta’s order desk.
Augusta Precious Metals Gold IRA FAQs
What are the benefits of buying gold and silver within an IRA?
Investing in tangible gold and silver can diversify your retirement savings, as these metals often move independently of other asset classes. Holding these metals in a self-directed IRA provides the advantage of tax-deferred or tax-free growth (in the case of a Roth IRA).
What are the benefits of buying gold and silver?
Gold is historically recognized as a diversifying asset, often performing well during economic and geopolitical instability. For example, between 2001 and 2011 (during the 2008 financial crisis), gold prices surged by 600% and silver by 950%.
Who can buy from Augusta Precious Metals?
Augusta Precious Metals serves private individuals, collectors, and speculators over 18 years old.
How long has Augusta Precious Metals been in business?
Augusta Precious Metals was established in January 2012 by founder and CEO Isaac Nuriani.
