Augusta Precious Metals Gold IRA

About Augusta Precious Metals 

Recognized as the “Best Overall Gold IRA Company” by Money magazine, the recipient of a coveted A+ rating from the Better Business Bureau and validated by more than one thousand five-star reviews, Augusta Precious Metals is highly regarded by both customers and critics alike for their ethical approach and excellent customer service. 

As a leader in the gold IRA industry, Augusta Precious Metals offers a wide range of investment options as well as helpful education and informational resources to ensure customers feel confident in their plan of action. August prides itself on partnering with customers through each step of the process, from initial account setup to ongoing support for the lifetime of their account, making them a preferred choice for protecting your assets and your future. 

Augusta Precious Metals Products and Services 

Many investors believe that the smartest strategy isn’t going all-in with the current financial system. The team at Augusta is here to help you diversify your portfolio by adding precious metals like gold and silver to your portfolio mix, reducing your dependence on the dollar and protecting your nest egg from stock market crashes or the Federal Reserve.

Here’s an overview of the different services they offer: 

• Gold and Silver IRA: Take advantage of buying IRS-approved physical gold and silver while still receiving the tax benefits of a traditional Individual Retirement Account (IRA). Buying your metals inside of a self-directed IRA allows their value to grow on a tax-deferred or even tax-free (Roth IRA) basis. A gold IRA also makes it possible for you to make your own purchases and bypass portfolio management fees. Augusta Precious Metals only works with the top custodians and highly secure depositories in the industry to ensure your assets are safely stored. They’ll also walk you through the process of funding a new account, including rolling over an existing IRA, 401(k),  403(b) or other retirement account. 

• Gold and Silver Purchases: For people who prefer to physically possess their precious metals on their own terms, Augusta Precious Metals also offers expert support from gold and silver professionals to help you select just the right precious metals (from common bouillon to premium products) to meet your investment needs. 
• Lifetime Support: Unlike many other gold investment companies, Augusta Precious Metals acts as your trusted advisor long after the initial sale is confirmed. With ongoing one-on-one access to your dedicated support agent, important industry news and updates, paperwork assistance, and adding, managing or even liquidating assets, you have continued support and important resources for years to come with August Precious Metals.   

How Investing with Augusta Works

Augusta Precious Metals helps to simplify the process and paperwork that comes with investing in gold and silver while providing the resources and education you need to make a sound decision for your financial security. 

Setting up a Gold or Silver IRA

1. 1. Create a new IRA. Augusta Precious Metals will connect you with an agent to better understand your goals and investment needs. Your agent can help connect you with the right departments, as well as set you up with an appointment with their education team who will provide an overview of the precious metals market, your investment options and associated fees. 
   2. Fund your IRA. Whether you want to deposit cash or rollover existing assets from a 401(k), 403(b), TSP, savings or other IRA accounts, Augusta Precious Metals can help you understand the steps you need to take to avoid taking a tax hit. They’ll even help complete nearly all of the necessary paperwork with you to take the pressure off and ensure you’re good to go.
   3. Buy Gold or Silver. Browse from their wide selection of common and premium gold and silver coins and bars or work with their knowledgeable gold and silver experts to decide which IRS-approved assets you’d like to add to your IRA. Augusta has already vetted highly regarded IRA custodians and a secure depository to administer and store your assets, and they handle all facets of transport to ensure your investments are properly and safely protected. 

Augusta Precious Metals Fees and Minimums

Augusta Precious Metals has a deep, distinguished legacy of helping people diversify their portfolio and hedge against inflation by investing in gold and silver. But this isn’t exactly the place to start if you’re looking to simply buy a few gold or silver coins or bars. 

Both new IRA accounts and direct purchases of precious metals with Augusta Precious Metals require a minimum investment of $50,000, which means that Augusta Precious Metals is a better fit for investors who are serious about their long-term financial health…and have the capital to prove it.

Since the industry standard for investing in gold IRAs is typically between $5,000 to $25,000, the minimum investment with Augusta Precious Metals is definitely on the higher end, but their premium services and exceptional support make them a compelling choice for those who do meet that financial threshold.

Augusta Precious Metals focuses on self-directed gold and silver IRAs, which means you are in charge of managing your purchases and sales decisions, saving you the extra management fees. They partner with highly trusted IRA custodians to administer your account (which is required by the IRS), and have vetted a highly secure non-government depository storage facility to help ensure the safety and authenticity of your assets. 

Generally speaking, you can expect to pay about $200 annually for custodian and storage fees combined, plus a one-time account activation fee of around $50. These fees are fairly standard across the industry, but one major perk of partnering with Augusta Precious Metals is that they’ll cover those fees for up to 10 years for qualifying customers. That’s a major bonus that can save you thousands of dollars over the life of your investment. 

While Augusta Precious Metals is known for their transparent fee structure, it’s always smart to ask questions and clarify the specifics before finalizing any agreements.   

Comparing Augusta Precious Metal to the Competition

With a focus on compliance and customer education, plus numerous industry awards, high customer praise and a flawless record with the BBB and BCA, Augusta Precious Metals has a well-established reputation as one of the leaders in the gold IRA industry. Here’s a look at how they compare to other top companies:

Augusta Precious Metals vs. American Hartford Gold 

While both of these companies have a strong reputation for specializing in gold IRAs and precious metals, Augusta Precious Metals focuses on a deeper level of education and investment with premium support and services. Augusta Precious Metals also specializes in just gold and silver metals, with premium, rare collections available, while American Hartford Gold offers platinum and palladium in addition to gold and silver. Overall, American Hartford Gold is better suited for more of the entry-level investors with a streamlined process and lower investment threshold of $10,000 for gold IRAs, while Augusta Precious Metals appeals to investors who are looking to commit a larger amount of money in precious metals (a minimum of $50,000) and want the higher-level of personalized service and partnership for the long run. 

Augusta Precious Metals vs. Goldco 

As two of the top gold IRA companies, Augusta Precious Metals and Goldco are both known for their excellent customer service, competitive rates and transparent fee structures. Augusta Precious Metals places a strong emphasis on investor education, encouraging a more hands-on approach to portfolio management to take an active role in investments. On the other hand, Goldco is better suited for investors seeking a more guided approach to setting up and managing their gold IRA, plus those who want to initially invest less, as Goldco requires a minimum of $25,000 for a gold IRA compared to Augusta’s minimum of $50,000. While both companies offer impressive buyback policies for added peace of mind, Augusta Precious Metals takes it a step further by waiving fees for the first 10 years, which can be a major money-saver for those who qualify. 

Bottom Line: Why We Love It

Augusta Precious Metals is not just about buying and selling gold and silver. Their dedication to investor education and guidance backed by unparalleled support that extends well beyond that initial investment sets them apart in the precious metal marketplace. With a commitment to empowering their customers to protect their financial future, they prioritize compliance, transparency and trustworthiness, which instills a sense of confidence that you and your savings are in safe hands. While they do require a higher minimum investment that may not work for everyone, their premium services, industry-leading buyback guarantee and lifetime customer support offer an exceptional value for serious investors who want to safeguard their savings by adding precious metals to the mix.