Augusta Gold IRA Review

Partnering with Augusta Precious Metals is a great choice when you're looking to start a new Gold IRA.  In business since 2012, Augusta has not had a single customer complaint to date based on our review of leading third-party consumer protection websites. This customer-favorite firm continues to rank as a top gold IRA company year after year, giving our other reviewed industry leaders such as Goldco, Lear Capital, American Hartford Gold, and the Birch Gold Group good runs for the money.  Indeed, noted for their experience with IRA and retirement education, Augusta helps customers easily access the power of a gold-backed retirement account.

Augusta Precious Metals Logo

#3 Top Trust Scores

  Metals Selection: 82%
  Metals Value: 93%
  Storage Value: 95%
  Service Value: 98%
  Customer Satisfaction: 100%
  Speed & Efficiency: 99%
  Transparency & Trust: 100%
  Overall: 95.29%

Best Gold IRA Score 95.29

4.8

Spotlight:
  • Endorsed by Joe Montana
  • 100% Satisfaction Guarantee
  • Zero setup fees up to 10 years
  • Highest buyback guarantee
  • Educates about lies & gimmicks
  • Small team of dedicated pros

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Augusta Positives
  • Over 10 years in business
  • Stellar service, transparency & trust record
  • Wide range of educational materials
  • Top experienced Precious Metals Specialists
  • Rapid turnaround and lifetime support
Augusta Negatives
  • $50,000 minimum for Direct Purchases
  • $50,000 minimum for Gold IRAs
  • No offshore storage
  • No live pricing on website

Why Choose a Gold-Backed IRA?

In today's uncertain financial world, too many times, your stocks, bonds and other assets all drop in unison.  Gold tends to move independently, providing a portfolio hedge.  Gold is one of the few investments recognized to perform steadily in an inflationary environment.  Moreover, Money managers often recommend that a well-balanced portfolio always include some gold exposure.  As government deficits and spending rise, this becomes all the more critical.

Money is gold, and nothing else. If a man had the credit, and I had the money, his customer would be badly off.”

– JP Morgan

Why Consider Augusta Precious Metals?

  • Deep experience in Gold IRAs. Augusta was one of the pioneers of the push to expand the use of Gold-backed IRAs, so they have considerable expertise in using and implementing these accounts. They've created many for customers, so they know how to do it right.
  • Streamlined process. With their extensive experience, Augusta excels at IRA processing. They have fine-tuned their system so they can take care of 95% of the paperwork with you, so you don’t have to reinvent the wheel to open an account. Thus, that makes them an excellent choice as one of the best gold IRA providers.
  • Excellent customer service. Indeed, as a firm with zero customer complaints to date, they have achieved a consistent and exemplary level of customer service.
  • Pro-education. Augusta is committed to education, with the effort led by an on-staff Harvard-trained economist. Thus, they provide a popular web conference that helps you get quickly up to speed on adding precious metals to your portfolio.
  • Committed to professional standards. They hold memberships in several industry associations, which helps to demonstrate their commitment to professionalism and ethics.

For these reasons, Augusta Precious Metals is always a sound choice when evaluating top gold IRA companies.  They are well-positioned to help you set up your Gold IRA account right.  As importantly, they are easy to work with.  To learn more and get started, visit their website.  In brief, it's a good idea to request their free gold guide and introductory kit and sign up for the complimentary educational web conference with their Director of Education.

After you contact them, one of their specialists will be in touch.  Furthermore, they can arrange to ship your free kit and answer any initial questions you have about the service.

Augusta Gold IRA Reviews *

Review* by Brian Pannebecker
Augusta Precious Metals Customer

* Augusta thanked past customers for reviews with a silver coin.

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Review* by Herbert Campbell
Augusta Precious Metals Customer

* Augusta thanked past customers for reviews with a silver coin.

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Joe Montana, Hall of Fame Quarterback“I want to applaud Augusta for their team approach, professionalism and efficiency. Their amazing, informative web conference educated me about the economy so I know what factors affect my savings. I've always known how important it is to have a great team around me. Having Augusta on my team makes me feel good about my decision to add precious metals to my retirement portfolio.”

Joe Montana, Hall of Fame Quarterback
is a paid ambassador for Augusta

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Augusta Gold IRA Rating Details

As part of our evaluation, we review customer ratings on several of the nation’s top customer review sites.  Here’s more detail on what we found on Augusta.

  • Better Business Bureau. Augusta was rated A+, with a 4.97 (out of 5) customer rating on the Better Business Bureau as of the review date. The Better Business Bureau (BBB) is a nonprofit organization dedicated to helping consumers fairly resolve disputes and review businesses.  The BBB has served as a source of consumer ratings for over 100 years.
  • Trustlink. Augusta is rated 4.9 (out of a possible 5.0) based on over 286 reviews as of the date of our review.  Trustlink is a rating platform designed to help consumers and businesses build trusted relationships.  According to the firm, user reviews are verified only when Trustlink can confirm that the customer did business with the firm they are reviewing.
  • Google My Business. Augusta is rated 4.9 out of 5 on this popular platform on the Google search engine.  This is based on 420 reviews as of the date of this review.

Augusta Gold IRA Review of Fees and CostsAugusta Gold IRA Review of Fees and Costs

With Augusta Precious Metals, you can either purchase gold coins for cash or setup your account as a Self-directed Gold IRA. Here is our review of their fees and costs.

(Please note that fee information is current as of this review.)

Augusta Gold IRAs Fees and Costs

Costs are always an important consideration when picking a provider. Thus, here’s information about the fees and costs you’ll encounter if you work with Augusta Precious Metals.

  • Augusta utilizes the services of Equity Trust as their preferred Gold IRA custodian. Equity Trust charges you a one-time setup fee of $250, then an annual fee of $200 per year, regardless of account size.  Please note these prices are current as of November 2023.
  • Additional gold IRA custodians are available upon request. Other options include the GoldStar Trust Company and Kingdom Trust.  Please get in touch with Augusta to discuss the setup and annual fees if you are interested in using these alternate custodians.
  • You can set up either a self-directed Gold IRA or make a non-IRA direct cash purchase. The company offers complimentary shipping for orders exceeding $100,000.
  • Your physical precious metals will be stored with the Delaware Depository. This company offers a secure non-governmental storage option, strategically located away from financial and political centers. In addition, the facility is inaccessible to the company's creditors.
  • A minimum investment of $50,000 is applicable for a Gold IRA or an outright cash purchase. However, the minimum may be met by buying any combination of precious metals (i.e., gold and silver).

Promotions Currently Available at Augusta Precious Metals:

  • Free Shipping for Orders above $100,000
  • Free Storage Up to Five Years
  • Volume Discounts are Available

How to claim: You can take advantage of these special offers by mentioning them when you talk with any August Precious metals representative.

Augusta Precious Metals History

Augusta was founded in 2012 and has been in business for over ten years.  Isaac Nuriani, Founder and current CEO, created the company to fulfill his mission of effectively educating and empowering people to diversify their retirement savings.  As a result of Mr. Nuriani’s vision, Augusta is dedicated to providing a significant amount of investor education.

Mr. Nuriani takes education so seriously that he hired a Harvard-trained economist, Devlyn Steele, to act as the firm’s Director of Education.  Thus, Mr. Steele provides many videos and webinars to Augusta's customers so they can stay informed about the markets.

Why Consider a Gold IRA with Augusta Precious Metals?

As the global economy becomes increasingly unstable, more and more people are looking for ways to diversify their wealth. As a result, one of the most popular choices is investing in gold.

A gold-backed IRA allows you to invest in gold in a tax-advantaged way.  This can help you enjoy the tax-deferral power of the IRA account.  By choosing Augusta as your provider, an expert team can help you set the IRA up correctly and select the proper metals to purchase.  Moreover, this assistance makes it a convenient and flexible way to invest in gold.

In fact, there are many reasons why gold is worth investigating as an option in today's uncertain economic environment:

  1. Gold is a time-tested tangible asset. Gold prices usually stay consistent when the stock market is volatile or experiencing a downturn. This has made gold an excellent choice for smart investors looking for stability.
  2. Gold is a hedge against inflation. Over time, gold tends to keep its value and be less volatile than stocks and bonds. This because gold has intrinsic value not correlated to the same economic forces that cause the prices of other assets to fluctuate.
  3. Gold is a global currency. Gold may not be subject to the same political or economic factors as fiat currencies.
  4. Investors can diversify their portfolios with gold. Investors have diversified with gold for generations to mitigate risk and plan for the future.

Gold IRAs have been a great choice for investors looking for a reliable way to invest in gold. They not only diversify, but provide significant tax advantages.

What is the Process to Establish an Augusta Gold IRA?

As a top gold IRA company, working with Augusta makes your investing experience easy.  The most important consideration is ensuring you comply with all rules and regulations.  Thus, working with Augusta’s experienced team can help ensure everything is done correctly.

Step 1.  Setup a Self-Directed IRA (or Arrange a Rollover)

First, you'll need to set up a new account or arrange a rollover of an existing account.  In addition, your Augusta representative can help you prepare the paperwork and may refer you to your tax advisor for any tax questions.

Step 2.  Select a Custodian

The next step will be to pick a custodian.  IRS regulations require a separate custodian.  The Augusta team can help you select an appropriate custodian for this account.

Step 3.  Purchase Your Metals.

Next, you'll need to select the gold (or other precious metals) you'd like to invest in.  Please note that these need to be IRA-approved products that meet specific requirements.  In any case, the Augusta representative will help you select appropriate investments for your IRA and coordinate purchasing through your IRA account.

Step 4.  Plan for Safekeeping

The last step is taken care of by your custodian.  They will coordinate the storage of your gold investment in an appropriate depository.  In addition, the depositories recommended by Augusta are all high-security locations, using state-of-the-art security to protect your gold investment.

That’s it! You now own gold in your retirement account. Therefore, you can rest assured your metals are always safe and secure.

Frequently asked questions about Augusta Precious Metals:

How do I roll over an old retirement account to an Augusta Gold IRA?

If you have an old retirement account that you would like to roll into a gold IRA, it is usually a straightforward process. However, it must be done correctly, or you can risk severe penalties.

This is where Augusta can help you make the process easier.  Augusta will assist you in completing the paperwork to ensure direct transfer of the account from the current custodian to the new one.

Once you have completed the paperwork, the money will be sent from the old financial institution into your new gold IRA.   Once it is there, Augusta will help you select your metals and finalize the purchase so your IRA will be put in place compliantly.

What types of gold and silver products does the company offer for an Augusta Gold IRA?

Augusta offers gold and silver bullion coins, bars and premium coins. Please note that only certain products are approved for use in an IRA.  Contact Augusta Precious Metals for further information.

Will Augusta accept trade in gold or other precious metals?

Yes, the company will consider purchasing what you own. However, it is not able to guarantee a sale or a specific price.

How do you handle taxes when I sell my gold and silver back to Augusta?

If you hold these outright, then you will need to report the sale and any taxable gain to the IRS (and you will need to pay the associated tax). If you're holding the precious metals in a Gold IRA, your sales will be tax-deferred, so likely not subject to any capital gains taxes.  However, you will be subject to income taxes when you withdraw money from the account. See your tax advisor for details.

How do you ensure the security of my Augusta Gold IRA physical metals while in storage?

These depositories not only provide physical security but also insure the metals held against the most common losses.

What are my payment options for an Augusta Gold IRA?

For direct purchases, the company accepts personal checks (up to $50,000) or bank wire transfers. All funding for your IRA will be by annual contributions or a rollover from an existing retirement account.  Unquestionably, this process requires careful coordination; Augusta staff will assist you in arranging it to help ensure you remain in compliance with all regulations.

What should I look for in a precious metal dealer?

When looking for a gold IRA company, there are a few key things you should look for:

  • A company experienced in managing gold IRAs is essential. You must follow specific IRS regulations, or you risk facing harsh penalties.  Always look for a firm with significant experience with Gold IRAs to avoid problems.
  • A company that has a good reputation.  There's too much at stake to not do your research and find a firm that has consistently positive customer ratings.  Avoid those with excessive consumer complaints, as that might be a sign that their operations or service level is not acceptable.
  • A company that charges reasonable and transparent fees.  You will encounter firms that promise free silver and other features, but be sure to read the fine print.  In many cases, those companies pad their fees in other areas to make up for the “free” offers.  Choose a company upfront about all their costs, so there are no surprises down the road.

What can go wrong in setting up an Augusta Gold IRA?

One potential issue is making mistakes in the IRA paperwork. For example, suppose you have an IRA rolled over to you instead of sending it directly to your new IRA custodian. In that case, that can result in steep penalties if not handled properly.  That's why it's best to work with an experienced Gold IRA provider like Augusta.

Without a doubt, you must ensure you're dealing with a reputable precious metal dealer. Be sure the firm has a good track record and few customer complaints.  You don't want to take a chance on a new or unproven firm when dealing with investments.  Stick with those with high ratings to be safe.

Finally, consult your tax professional to ensure you follow all IRA guidelines so you get the full benefit from your new tax-advantaged account.

In conclusion, ready to find out more?  Contact Augusta Precious Metals for a Free Gold IRA kit.  In fact, there’s no obligation and absolutely no pressure.

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