Convert IRA To Physical Silver

Suppose you want to diversify your retirement savings and hedge against market volatility. In that case, converting your IRA to physical silver is appealing. The long-term viability of paper assets such as stocks, bonds, and mutual funds are growing concern. As a result, investing in physical precious metals has become increasingly popular for safeguarding one’s retirement portfolio against inflationary pressures and other economic issues.

Best Gold or Silver IRA Companies

  1. Augusta Precious Metals: Great Gold IRA Company Overall (4.6/5)
  2. Red Rock Secured: Runner Up – Best at Home Gold IRA ( 4 8/5)
  3. Goldco: Great Buyback Program (4.5/5)
  4. American Hartford Gold: Editor’s Choice – Best Prices on Bullions (4.9/5)
  5. Birch Gold Group: Great Staff Overall (4.3/5)

#1. Augusta Precious Metals: Great Gold IRA Company Overall (4.6/5)

Augusta Precious Metals is a recognized company that empowers individuals to invest in precious physical metals like gold and silver. With their range of services and products, they assist customers in protecting and growing their wealth by acquiring and owning these valuable assets.

Established in 2012, Augusta Precious Metals is dedicated to educating individuals about the benefits of investing in precious metals and enabling them to make well-informed decisions. The company firmly believes that precious metals serve as a reliable store of value and act as a hedge against economic uncertainties. By offering comprehensive services and expert guidance, Augusta Precious Metals helps customers diversify their investment portfolios and safeguard their wealth.

Augusta Precious Metals prioritizes exceptional customer service. Their team of precious metals specialists is available to assist clients throughout the entire investment process, from initial inquiries to ongoing account management. The company aims to build long-term relationships by providing personalized attention, timely communication, and reliable support.

Regulatory compliance is of utmost importance to Augusta Precious Metals. They adhere to industry regulations and best practices, ensuring transparency, compliance, and customer protection. Oversight from regulatory bodies such as the Internal Revenue Service (IRS), the Securities and Exchange Commission (SEC), and the Consumer Financial Protection Bureau (CFPB) assures the business is run following established guidelines.

In addition to the above, Augusta Precious Metals also offers the service of converting an IRA (Individual Retirement Account) into physical silver. It allows individuals to transform retirement funds into tangible assets, providing further diversification and potential protection against economic uncertainties, assuring the business is run. It empowers individuals to invest in precious physical metals to protect and diversify their wealth. Through their comprehensive services, educational resources, and commitment to customer satisfaction, Augusta Precious Metals aims to enable individuals to make informed investment decisions and secure their financial futures.

Pros & Cons


  • prioritizes customer education
  • Assists you with the paperwork required to open an IRA.
  • Augusta professionals provide ongoing account support.
  • Can receive zero fees for up to ten years 
  • A+ BBB rating


  • A minimum of $50,000 is required.

#2. Red Rock Secured: Runner Up – Best at Home Gold IRA ( 4 8/5)

Red Rock Secured is a well-established and reputable financial services company offering comprehensive investment solutions, primarily focusing on precious metals and alternative investments. The company’s core mission is to empower individuals to protect and grow their wealth through strategic investment decisions. 

With a solid dedication to exceptional customer service and a commitment to financial education, Red Rock Secured has gained recognition as a trusted partner for individuals seeking to safeguard their assets; founded by a group of experts in the financial industry, Red Rock Secured recognized the growing need for reliable investment options beyond traditional markets, especially during times of economic uncertainty. The company has focused on these core values since providing clients with a wide range of stable and secure investment opportunities, establishing itself as a reliable and transparent player in the industry.

Red Rock Secured differentiates itself by adopting a client-centric approach. The company’s team of knowledgeable professionals takes the time to understand each client’s specific needs and financial circumstances fully. By providing personalized guidance and support, Red Rock Secured equips clients with the information and tools to make well-informed investment choices, fostering long-term relationships built on trust and mutual success.

The security and compliance of clients’ investments are paramount to Red Rock Secured. The company strictly adheres to industry regulations. It works exclusively with reputable custodians and storage facilities to ensure the safety and integrity of clients’ assets. This commitment to security instills confidence in clients. It underscores Red Rock Secured’s track record as a trustworthy partner in the industry.

Red Rock Secured is a leading financial services company specializing in precious metals and alternative investments. The company empowers individuals to protect and grow their wealth through its commitment to customer satisfaction, financial education, and security. Whether clients seek precious metals investments, self-directed IRAs, alternative investment opportunities, or the conversion of their IRAs to physical silver, Red Rock Secured offers the necessary tools and expertise to navigate the ever-changing financial landscape and achieve their investment goals.

Pros & Cons


  • Precious metal IRAs are available to most customers at no cost.
  • Shipping and insurance are on the house with every purchase.
  • Qualifying purchases of gold and silver are eligible for a price guarantee.
  • There is a Buyback Plan available.
  • You have the option to cancel within seven days of your first purchase.
  • Red Rock Secured requires a minimum investment of $10,000 to open an IRA.


  • There is no online resource for pricing details.
  • The website has no information about who qualifies for no fees and Red Rock Secured price protection.
  • It is not possible to buy anything online. You are required to, to make a purchase speak with a representative.

#3. Goldco: Great Buyback Program (4.5/5)

Goldco is a reputable provider of precious metals investment solutions that offers a wide range of gold, silver, platinum, and palladium coins and bars to individuals seeking to diversify their investment portfolios and safeguard their wealth. The Woodland Hills, California-based company was established in 2006. It has a team of seasoned financial professionals and precious metals experts who work with clients to create tailored investment strategies that match their unique needs and goals.

Goldco takes pride in delivering personalized customer service and educational resources to help clients make informed investment decisions. The company offers several investment options, including self-directed IRA accounts, 401(k) rollovers, and direct purchases of precious metals. In addition to these options, clients can convert their IRA accounts into physical silver through Goldco’s services.

Goldco’s commitment to transparency and integrity has earned it a reputation as a reliable and trusted partner in the precious metals industry. A vast range of educational resources is available for clients, such as articles, videos, and webinars, to help them stay informed and empowered in making investment decisions that align with their financial goals.

Overall, Goldco provides a comprehensive range of precious metals investment solutions and personalized customer service that clients can rely on to safeguard their financial futures.

Pros & Cons


  • The first-year fee is waived.
  • Pricey buyback offers
  • 15+ years of precious metals experience Rollovers of IRAs
  • Easy sign-up Process-specific guidance
  • Capacity to diversify your finances
  • Multiple devices provide easy access to your account and support.
  • A BBB-accredited company
  • Free retirement resources and new client bonuses


  • The minimum investment for an IRA is $25,000
  • Investing in other precious metals, such as palladium or platinum, is impossible.
  • There are no public prices for various precious metals.
  • When it comes to minimum investment prices, competition is fierce.
  • Storage costs might not be optimal.

#4. American Hartford Gold: Editor’s Choice – Best Prices on Bullions (4.9/5)

American Hartford Gold is set in Los Angeles, California. It is a reputable provider of retirement account solutions and precious metals dealers. The company, founded in 2000, became a leading name in the industry by helping individuals protect and diversify their investment portfolios through physical gold, silver, platinum, and palladium. The team at American Hartford Gold comprises experienced professionals who possess in-depth knowledge of the precious metals market and provide personalized solutions to clients, including support for those looking to convert their IRA to physical silver.

One of the standout features of American Hartford Gold is its emphasis on education. The company believes in empowering its clients by providing them with the knowledge and resources necessary to make informed investment decisions. Through informative articles, videos, and market insights, American Hartford Gold strives to educate individuals about precious metals investments’ benefits and potential risks, including converting their IRA to physical silver.

American Hartford Gold provides diverse products, including gold and silver coins, bars, and rounds from reputable mints worldwide, sourced directly from authorized distributors. The company also provides secure storage options for clients who prefer to keep their precious metals in a professional vault.

In addition to physical metals, American Hartford Gold specializes in helping clients establish self-directed Individual Retirement Accounts (IRAs) that enable individuals to hold precious metals within a tax-advantaged retirement account, offering a unique way to diversify their retirement portfolio and protect against inflation and economic downturns it includes the option to convert their IRA to physical silver.

American Hartford Gold has earned a strong reputation for its commitment to customer satisfaction and ethical business practices, ensuring clients are well informed about the costs and risks associated with their investments. The company’s experienced staff is available to address any questions or concerns that clients may have, providing a personalized and attentive customer experience. Overall, American Hartford Gold provides individuals with a reliable platform to protect and diversify their investment portfolios through precious physical metals, including the option to convert their IRA to physical silver.

Pros & Cons


  • Countless five-star ratings and reviews on the web
  • Excellent selection of bullion and coins
  • Many specials, including free safes and fees that have been waived


  • The website needs clear pricing information.
  • There are no platinum or palladium products listed.

#5. Birch Gold Group: Great Staff Overall (4.3/5)

Birch Gold Group, headquartered in Burbank, California, is a renowned precious metals dealer specializing in selling physical gold, silver, platinum, and palladium to individual investors. Founded in 2003 by industry veterans Birch and Thomas Veale, the company aims to provide investors with a secure and reliable avenue for investing in precious metals.

With an extensive array of offerings, Birch Gold Group provides IRA-approved precious metals and coins and bars of various sizes. The company collaborates closely with customers, assisting them in selecting the ideal metals to align with their investment objectives. Additionally, Birch Gold Group offers services to convert traditional Individual Retirement Accounts (IRAs) into self-directed precious metals IRAs.

Birch Gold Group has garnered recognition as a leading precious metals dealer, earning numerous awards and accolades. A Better Business Bureau has granted the company an impressive A+ rating, a distinction it has held since 2011. It has also been prominently featured in esteemed publications such as Forbes, The Wall Street Journal, and CNN, further solidifying its reputation.

In addition to its physical precious metals offerings, Birch Gold Group provides investors with valuable resources, including market insights, news updates, and educational materials. Their website features informative articles and videos highlighting the advantages of investing in precious metals and comprehensive information on market trends and historical price data.

Birch Gold Group is widely recognized as a reputable and well-established precious metals dealer, offering investors a diverse range of physical metals options and investment services. With a steadfast commitment to customer service, the company has built a solid track record and received recognition for its industry leadership. Moreover, Birch Gold Group provides a seamless process for converting traditional IRAs into physical silver and other precious metals, catering to investors seeking alternative investment strategies.

Pros & Cons


  • Ben Shapiro’s recommendation
  • Your specialist and excellent customer service
  • They have a low $10,000 minimum for their IRAs.
  • Lots of helpful learning materials
  • For investments of $50,000 or more, there are no fees for the first year.
  • Experienced professionals with over two decades in the field
  • an effective buyback program
  • BCA: AAA Customers rated
  • A+ with a BBB rating of 4.69/5 their investor.


  • They only serve US investors.
  • Comparatively few physical coins and bars are offered compared to competing gold investment companies.

Convert an IRA to Gold or Silver

Including precious metals in your retirement savings can help compensate for potential losses in other assets. Gold and silver have had a long history of using inflation hedges with an inverse relationship to the dollar’s value. Typically, IRAs comprise traditional assets like stocks, bonds, and cash. Still, precious metals can be a valuable addition to your portfolio.

Transferring your retirement savings from an IRA into gold or silver is a straightforward process with the help of a professional dealer. Through the allocation of funds into a precious metals IRA, you have the opportunity to take advantage of the benefits that come with owning these assets.

To optimize the advantages derived from your retirement account (IRA) for precious metals, you should; there are key considerations to keep in mind that may help secure success. With the right information and approach, a gold or silver IRA has the potential to be a valuable addition to your retirement savings plan.

How to Convert an IRA to Gold or Silver

Investors can convert a portion of their existing IRA to a gold or silver IRA through a rollover or transfer. With a transfer, your current IRA custodian transfers funds to your gold IRA within 60 days. On the other hand, with a rollover, you receive the funds from your custodian, where you have 60 days to deposit them into a gold IRA or face IRS consequences—notably, withdrawal when under 59 1/2 years attracts a 10% penalty.

After transferring funds from your current custodian, you can choose the IRS-approved coins and metals you want to purchase. Your custodian uses funds from your gold IRA account to complete the purchase. Your precious metals are transported and stored in a secure depository after that.

Benefits of Gold or Silver IRAs

Including precious metals in your retirement savings offers several benefits.

Taxes: Setting up a gold IRA enables you to adhere to the same tax laws as a Traditional or Roth IRA. You can deduct contributions from taxes, and withdrawals remain tax-free.

Diversification: Investing in a precious metals IRA necessitates a self-directed IRA (SDIRA), granting you the ability to purchase alternative investments while maintaining greater control than traditional IRAs.

Inflation protection: Precious metals generally experience an increase in value during periods of inflation and geopolitical conflict.

Things to Consider With Gold or Silver IRAs

Examining a few crucial aspects of gold or silver IRAs to reduce risk and raise your chances of earning a sizable return.

Fees: Take the time to examine all fees associated with a precious metals IRA. They should be reasonable to minimize portfolio losses and prevent significant profit decreases.

Storage: Ensure that a secure facility with insurance is used to store your gold or silver assets. You must have access to your assets.

Service: Choose a custodian with a proven track record of delivering excellent service. Consider checking customer reviews to gauge the quality of service provided.

Frequently Asked Questions 

Can I Roll My IRA Into Gold or Silver?

You can select a precious metals company to begin a rollover or transfer from your existing IRA into gold or silver.

How Do I Convert an IRA Into Gold or Silver?

Rolling over or converting funds from an existing IRA to a gold or silver IRA is possible. To initiate a rollover, you must take possession of the funds and deposit them into a gold or silver IRA within 60 days. On the other hand, a convert is a more convenient option as the funds are directly transferred from your current IRA to a gold or silver IRA.

What Are the Benefits of Converting My IRA to Physical Silver?

Converting your IRA to physical silver has numerous benefits. You can diversify and protect your retirement portfolio assets against market volatility, inflation, and currency fluctuations. Furthermore, converting an existing traditional or Roth IRA into a precious metal account results in no additional taxes or penalties. 

What Types of Silver Coins Can I Use to Invest in a Precious Metals IRA?

You can generally buy American Silver Eagles and Canadian Silver Maple Leaf coins in a precious metals IRA. Both are government-backed coins with high market liquidity, making them ideal retirement account investments.

Final Thought – Convert IRA To Physical Silver

Diversifying your investment portfolio and safeguarding the value of your retirement savings can be achieved by converting your IRA into physical silver. This strategy offers protection against inflation and market downturns while providing long-term benefits. Engaging in thorough research and exercising patience is crucial during this process. 

Trusted companies such as Augusta Precious Metals, Red Rock Secured, Goldco, American Hartford Gold, and Birch Gold Corporation can assist you in converting your IRA to physical silver. By making this wise financial decision, you can have the assurance that your hard-earned money is well-protected, ensuring a secure retirement.

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