Augusta Precious Metals Review (2022) – Complete Gold IRA Review

by | Oct 20, 2022 | SEP IRA | 1 comment

Augusta Precious Metals Review (2022) – Complete Gold IRA Review




To Try Augusta Precious Metals click here ►

Augusta Precious Metals Review 2022

One of the leading businesses in this field, Augusta Precious Metals provides a variety of services to its customers.
We’ll give you an overview of the business, its offerings, and everything you need to know before entrusting them with your hard-earned money in this video. Let’s get started.

What is Augusta Precious Metals?

One of the most well-known gold and precious metal IRA dealers in the US is Augusta Precious Metals.
They mainly sell to the market for gold and silver IRAs. But you can also purchase it for your account.

Click the link in the description box below to try it out.

Why own a Physical Gold?

For several reasons, investors seek out physical possession of silver, gold, platinum, and palladium:

Diversification.

A solid method to balance your bets and defend your retirement account from economic catastrophe may be to allocate a portion of your investment portfolio to actual gold and other precious metals.

Protection from inflation.

Owning some gold, silver, platinum, or palladium may help to ease your mind if you anticipate a lengthy retirement and worry about the negative consequences of inflation.

Privacy.

IRAs in gold are not entirely anonymous: Your precious metals IRA custodian is aware of your investments in gold and silver.

What Types of Coins Are Allowed in a Precious Metals IRA?

Gold must be at least.995 fine (Gold American Eagle coins are an exception), silver must be at least.999% pure, and platinum and palladium must both be at least.9995 fine.

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The physical metals must be in bullion form (not numismatics), come from a refiner or assayer who is accredited by the NYMEX or COMEX, or be produced by a government mint.

Adding new contributions to an IRA account.

The maximum IRA investment for both Roth and standard IRA accounts as of 2022 is $6,500 for single taxpayers and $13,000 for married couples filing jointly for any given tax year.

“Catch-up” contributions are $500 more for taxpayers over the age of 50.

Since the minimum purchase amount at Augusta Precious Metals is $50,000, that amount is too high to contribute fresh funds to an IRA in a single year.

However, wealthy people might be able to use that sum of money to establish a self-directed 401(k) or SEP IRA.

If not, you can divide your $50,000 minimum investment into two parts by putting up to $6,500 in precious metals in your IRA ($13,000 for spouse IRAs, ‘catch-up’ contributions aside), and the rest going into your holdings.

It can be intimidating to enter the gold and precious metals market, but Augusta’s features make it simple and accessible.

Check out the services that most attract you and thinking about how these investments might fit into your long-term financial plan, is what I would advise you to do.

Augusta Precious Metals click here ►

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LEARN MORE ABOUT: IRA Accounts

CONVERTING IRA TO GOLD: Gold IRA Account

CONVERTING IRA TO SILVER: Silver IRA Account

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