Goldco and Augusta Precious Metals are two of the best gold IRA companies.
However, Augusta Precious Metals is better if you want lifetime support for your account, and Goldco is preferable if you want slightly lower fees.
 |
 |
|
5.0
|
5.0
|
|
Services:
Precious Metals IRA, gold & silver bullion
|
Services:
Precious Metals IRA, gold & silver bullion
|
|
Minimum investment:
$25,000
|
Minimum investment:
$50,000
|
|
Fees:
$175-$225/yr
|
Fees:
$200/yr
|
|
Account Types Available:
|
Account Types Available:
|
|
Benefits:
|
Benefits:
|
|
Promotion:
Up to $10,000 or more in free silver (with a qualified account)
|
Promotion:
Zero fees for up to 10 years (depending on the investment amount)
|
- Cash
- 401(k)
- Roth IRA
- 403(b)
- 457
- TSP
- SEP IRA
- Excellent customer service
- Verified customer reviews from Trustpilot and Trustlink
- Specializes in precious metals IRAs
- Low management fees
- Cash
- 401(k)
- Roth IRA
- 403(b)
- 457
- TSP
- SEP IRA
- Lifetime customer support
- Verified customer reviews from BBB and Trustlink
- One-on-one web conference
- Mark Levin is a paid ambassador
One of the most popular ways investors protect their retirement accounts is through precious metals IRAs. Precious metals IRAs, also known as gold IRAs, allow investors to use tangible, physical gold and other precious metals as tax-eligible retirement savings.
Two of the most popular and best gold IRA companies are Augusta Precious Metals and Goldco. But which is better in the Goldco vs. Augusta Precious Metals debate? It depends on your investing preferences.
Let’s take a closer look at these two gold IRA companies.
About Goldco
Trevor Gerszt founded Goldco in 2006. He sought to create a company that would empower Americans to protect themselves from market volatility and stock market crashes, as seen in 2008.
Goldco is a fierce Augusta Precious Metals competitor for its outstanding customer education commitment, exceptional customer service and many satisfied customer reviews.
Goldco has many years of experience and an excellent track record of helping customers plan their financial futures with precious metals.
It can help with an IRA rollover from a traditional or Roth IRA. Goldco’s base is in Calabasas, California, just outside of Los Angeles.
Goldco Services
Goldco offers three investment options for its customers: silver IRAs, gold IRAs and the direct purchase of silver and gold.
Goldco’s IRA services have a minimum investment of $25,000, much lower than the minimum fee when investing with Augusta Precious Metals.
Goldco charges an $80 annual maintenance fee and a one-time account setup fee of $80. Goldco uses the Delaware Depository as its preferred IRS approved storage facility. Investors can choose $100 per year for non-segregated storage or $150 for segregated storage.
Note that neither the maintenance fee nor the storage fee is the same as a custodial fee. Per IRS guidelines, you must have a custodian to manage your account.
It is likely that the account custodian will charge an additional fee. Goldco has one of the best buy-back programs in the precious metals industry, which saves investors from searching for a reputable buyer for their precious metals.
Goldco
Goldco is a leader in the precious metals industry, with over a decade of experience helping customers protect their retirement savings.
About Augusta Precious Metals
Isaac Nuriani founded Augusta Precious Metals in 2012 to create a company that would allow Americans to protect themselves from unstable, unreliable stock market investments.
Augusta Precious Metals is a family-owned company based in Casper, Wyoming, though it has an additional office in Beverly Hills, California.
Augusta Precious Metals is a top Goldco competitor for its stellar customer service and competitive pricing.
The company has more than a decade of experience as a gold IRA provider and has helped many customers plan for retirement with financial freedom.
No matter which metals you choose to invest in or which kind of account you roll over from, Augusta Precious Metals’ committed customer support team will help every step of the way.
Augusta Precious Metals Services
Augusta Precious Metals offers three services to customers: gold IRAs, silver IRAs and gold and silver direct purchases.
Augusta Precious Metals has a $50,000 minimum investment requirement, double that of Goldco. Augusta Precious Metals charges a $100 annual maintenance fee, which is higher than Goldco, but has a lower account setup fee of $50.
Augusta Precious Metals also uses the Delaware Depository, so the two companies have the same storage fee options of $100 per year for non-segregated storage and $150 for segregated storage.
As with Goldco, neither the account maintenance fee nor the storage fee includes the custodial fee. Like Goldco, Augusta Precious Metals has a high-quality buy-back program for investors, though it does not have the same highest price guarantee offered by Goldco.
The most significant benefit to choosing Augusta Precious Metals is its customer support. The company offers a one-on-one web consultation for new investors and account support for life.
If you are looking for extra support, Augusta Precious Metals is your best bet.
Augusta Precious Metals
Augusta helps retirement savers gain peace of mind by diversifying savings with gold and silver. Request their free gold IRA guide.
Augusta Precious Metals vs. Goldco: How do they compare?
Augusta Precious Metals and Goldco are high-quality options for anyone who wants a gold IRA account.
They have many things in common, including their depository storage provider and excellent customer service. However, there are some differences between the two companies.
Here is how they stack up.
Third-Party Review Websites
Augusta Precious Metals and Goldco have A+ ratings from the Better Business Bureau (BBB), AAA ratings from the Business Consumer Alliance and five-star ratings from Trustlink.
Augusta Precious Metals has a 4.9 rating from Consumer Affairs, while Goldco has a 4.8.
Metals Options
Augusta Precious Metals and Goldco both offer a wide selection of metal options at competitive rates.
Neither investment company offers palladium or platinum retirement investments, but customers may purchase:
- IRS-approved silver coins
- IRS-approved gold coins
- bullion that meets the IRS fineness requirements
While both companies offer similar metal options, Augusta Precious Metals provides a mix-metals account, meaning you may open a precious metals IRA that includes both silver and gold.
Goldco, on the other hand, only offers two separate accounts, a gold IRA or a silver IRA.
Customer Service
Goldco and Augusta Precious Metals are both committed to customer support and education, but Augusta Precious Metals pulls slightly ahead of Goldco in this area.
Augusta Precious Metals offers lifetime support to customers, meaning that you can talk to the company’s specialists for advice, even after you open your account.
New investors may also schedule a one-on-one web conference with an expert at Augusta Precious Metals before they open their accounts to get all their questions answered.
Goldco offers high-quality customer service, but does not have a lifetime support guarantee. It supports its customers in a different way with a more robust buy-back program than Augusta Precious Metals.
Which Gold IRA Company Should I Choose?
A gold IRA can be an excellent option to expand your retirement portfolio to include physical assets. Goldco and Augusta Precious Metals are popular choices and industry leaders, both of which can help you make the most of your retirement plans.
If you’re still not sure which company is right for you, consider these differences to help you make the right choice:
A gold IRA can be an excellent option to expand your retirement portfolio to include physical assets. Goldco and Augusta Precious Metals are popular choices and industry leaders, both of which can help you make the most of your retirement plans.
If you’re still not sure which company is right for you, consider these differences to help you make the right choice:
Choose Goldco if:
- Your investment is going to be less than $50,000.
- You want lower annual fees.
- You want access to its industry-leading buy-back program.
Choose Augusta Precious Metals if:
- You can meet the minimum investment requirement of $50,000.
- You want access to high-quality lifetime account support.
- You want to open a precious metals IRA that contains both gold and silver.
Goldco
Goldco is a leader in the precious metals industry, with over a decade of experience helping customers protect their retirement savings.
