Convert IRA To Platinum IRA

The Convert IRA to Platinum IRA service enables individuals to effortlessly convert their current Individual Retirement Accounts (IRAs) into Platinum IRAs. Utilizing this service can optimize the potential of your diligently accumulated retirement funds through investments in alternative asset classes like precious metals and real estate. This conversion empowers you to diversify your portfolio and potentially enhance the worth of your retirement savings.

5 Top-Rated Platinum 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 has become an industry leader, trustworthy and dependable provider of secure and safe precious metals IRA accounts. With a focus on customer satisfaction and education, they have successfully assisted thousands of clients, earning a solid reputation for their upfront rates and exceptional customer service. Augusta Precious Metals simplifies setting up a gold IRA account by thoroughly assessing their client’s needs and guiding them in selecting the most suitable gold investments. To ensure the highest level of expertise, they employ Harvard economists who offer valuable advice on gold investments. 

Additionally, Augusta Precious Metals provides high-quality educational videos to help clients better understand their gold investments. Their user-friendly website enables customers to explore and confidently purchase precious metals. Each client receives personalized assistance from a dedicated Gold Assistant. Since its establishment in 2012, Augusta Precious Metals has been committed to offering tailored services and transparent pricing structures that cater to individual needs. They prioritize client relationships and go beyond profit maximization to provide the best possible customer service. 

Augusta Precious Metals is also available to assist investors in converting their IRA to a Platinum IRA, offering guidance and expertise in making informed decisions. In summary, Augusta Precious Metals is a reputable gold IRA provider that places customer satisfaction and education at the forefront. Their secure investments, transparent rates, exceptional customer service, comprehensive services, educational resources, and professional staff ensure investors can confidently navigate the realm of gold investments.

Pros & Cons


  • There are informative videos and educational content on the website.
  • Promotes investment diversification
  • Possibility of fee exemptions for up to ten years


  • The high minimum order value of $50,000
  • online fee information is hard to find

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

Red Rock Secured actively demonstrates its commitment to ensuring client satisfaction and success by delivering top-notch customer service and catering to unique individual needs. To assist clients in achieving their investment objectives, the company provides personalized consulting services and offers a wealth of informational materials. Red Rock Secured’s dedicated support team is readily available to address any questions or concerns that may arise promptly.

The company’s website is a valuable resource for customers, enabling them to conduct research and acquire comprehensive knowledge about investing in precious metals. By partnering with Brink’s Global Services, Red Rock Secured reinforces its dedication to safeguarding clients’ valuable assets. The company goes above and beyond to prioritize security. Additionally, Red Rock Secured places significant emphasis on open communication, transparency, and ensuring customer satisfaction.

In addition to its wide range of services, Red Rock Secured allows clients to convert their IRA to a Platinum IRA, further diversifying their investment portfolio and potentially maximizing their long-term financial growth.

Pros & Cons


  • Various watchdog websites rate it excellently.
  • It offers a fantastic range of products.
  • The price protection plan has particularly appealing promotions.
  • The majority of clients won’t incur any fees for their gold IRA.
  • A minimum investment of $10,000 is required for a gold IRA.
  • It provides a buyback program.


  • It needs individual product pages.
  • Inventory availability information needs to be clarified.
  • The markup needs to be more fully transparent.

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

Goldco, a trusted player in the precious metals industry for many years, offers a top-notch gold investment service. They cater to individuals seeking to roll over to a new gold IRA or open a gold investment account by providing expert guidance through their team of Goldco Specialists. These specialists offer valuable insights on safeguarding assets through a Precious Metals IRA. In addition, customers can directly purchase gold and silver from Goldco, with the support of their knowledgeable specialists, who can assist in setting up a personalized gold IRA to meet individual needs.

Goldco has earned an impressive A+ rating from the Better Business Bureau (BBB) and a triple-A rating from the Business Consumer Alliance (BCA), affirming its commitment to exceptional business practices with thousands of favorable testimonials from grateful customers. Goldco is renowned for its outstanding customer service and ethical conduct. The company has achieved national recognition, having been named to the esteemed Inc. 5000 list of fastest-growing private companies on five occasions. Moreover, Goldco has been honored with the prestigious Stevie Company of the Year Award at the 19th Annual American Business Awards.

In addition to its wide range of offerings, Goldco specializes in selling IRS-approved precious metal coins like gold and silver. They also provide comprehensive resources such as films and ebooks to support individuals who already possess or plan to establish a precious metals IRA. With its strong focus on building trusting relationships, competitive pricing, and commitment to customer satisfaction, Goldco has rightfully earned its reputation as one of the industry’s top providers of gold IRAs.

Furthermore, Goldco extends its expertise beyond gold by introducing the option from Convert IRA to Platinum IRA. This new offering allows individuals to explore the benefits of investing in platinum within their IRA, offering diversification and potential growth opportunities. By expanding its range of precious metals options, Goldco continues to cater to the evolving needs of its clients and solidifies its position as a trusted partner in the realm of precious metals investments.

Pros & Cons


  • Promotes investment diversity
  • BBB grade of A+
  • BCA AAA rating
  • TrustPilot rating of 4.8


  • A gold IRA requires a minimum investment of $25,000 to open.
  • The website needs specific fee information.

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

American Hartford Gold Group, the leading provider of gold IRAs, offers a unique and valuable service in the precious metals market. They simplify the process for customers to purchase, store, and safeguard their investments by providing a wide range of gold and silver commodities, storage options, and insurance. Recognized for exceptional customer service, American Hartford Gold Group offers an extensive selection of gold and silver items and storage and insurance services. American Hartford Gold Group is an excellent choice for a reputable company with diverse goods and services. In addition to their offerings, they provide the option to convert an IRA to a Platinum IRA.

All transactions with American Hartford Gold Group are subject to a 1% fee, which applies to the total transaction amount regardless of whether you buy or sell gold. For example, if you were to purchase $10,000 worth of gold, they would charge you $100. This fee remains the same even if you decide to sell the same $10,000 in gold. Aside from the 1% transaction fee, there are no additional costs, annual fees, monthly fees, or hidden charges. American Hartford Gold Group believes in maintaining a simple and transparent fee structure to ensure investors fully comprehend the value they receive for their money.

Pros & Cons


  • There are no setup or annual fees charged by the company.
  • The minimum order threshold is relatively low.
  • Storage fee waivers are frequently advertised.
  • There are numerous options for custodians and storage providers.
  • A+ BBB rating and 4.9 TrustPilot rating


  • AA BCA grade (the highest category is AAA)
  • You must provide your email address to access all investor education resources.

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

Birch Gold Group, a reputable company with nearly two decades of experience in the precious metals industry, offers a comprehensive range of services. These services include assisting clients in establishing and funding precious metals IRAs, facilitating portfolio investment, and supporting diversification strategies. Birch Gold Group has earned an exceptional A+ rating from the BBB, underscoring its unwavering dedication to customer satisfaction. One of the top gold IRA companies, they specialize in providing reliable expertise to help individuals achieve their financial objectives, including the option to convert an IRA to a Platinum IRA.

To safeguard against economic challenges such as inflation or deflation, Birch Gold Group advises investors to allocate a portion of their funds to precious metals. They offer diverse precious metals, including platinum, palladium, silver, and gold. These metals not only serve as a store of value but can also function as a form of currency and a means of diversifying one’s investment portfolio.

Setting themselves apart from other gold IRA providers, Birch Gold Group allows clients to purchase stocks and physical metals. Opening a precious metals IRA account with Birch Gold Group is a seamless and straightforward process, allowing clients to diversify their holdings between physical and paper assets.

Each client is assigned a dedicated gold and silver professional who carefully evaluates their unique needs and circumstances. Based on this assessment, personalized recommendations are made to optimize the client’s resources and secure their financial future.

Birch Gold Group takes pride in its excellent Trustpilot ratings, indicative of delighted clients who benefit from its exceptional services. For clients who prefer the convenience of having valuable physical metals delivered to their doorstep, Birch Gold Group offers secure shipment while ensuring the safe storage of their bullion in a trusted depository.

Pros & Cons


  • Online, fee information is clear and straightforward to find.
  • Customers have the option of selecting their custodian and depository facility.
  • Investors with large balances benefit from a flat-rate fee structure.


  • Transferring assets for account opening can take up to a month.
  • For small investors, a flat fee structure is less cost-effective.

What Is a Platinum IRA?

You can convert your cash into physical platinum by utilizing a platinum IRA, similar to a gold, silver, or mixed precious metals IRA. This self-directed individual retirement account, held by a custodian, grants you the same tax benefits as other IRAs while allowing you to experience the proven advantages of owning tangible precious metal assets.

It’s crucial to note that acquiring precious metals like platinum directly from your IRA necessitates a self-directed IRA (SDIRA). Traditional IRAs typically limit their holdings to stocks, bonds, mutual funds, and other shared assets. However, with an SDIRA, your possibilities expand to include alternative assets, providing a more comprehensive range of investment options while saving for retirement.

Through an SDIRA, you can invest in various precious metals like platinum, silver, palladium, and gold. Precious metals, especially gold, have demonstrated a solid historical performance during economic turmoil and geopolitical instability.

What Qualifies as IRA-Approved Platinum?

To qualify as IRA-approved platinum, platinum coins, bars, and rounds must adhere to the following minimum precious metals requirements, as established by the IRS using the Internal Revenue Code:

  • They must possess a fineness of at least 0.9995.
  • They must be manufactured by a government mint or an accredited refiner, assayer, or manufacturer.
  • Proof coins must be encapsulated in their original mint packaging, exhibit excellent condition, and include an authentication certificate.
  • Small bullion bars, except for 50-ounce platinum ones, must be precisely manufactured to meet weight specifications.
  • Non-proof (bullion) coins should be pristine, devoid of flaws.

U.S. Money Reserve’s Ira-Approved Platinum Products

U.S. Money Reserve, a reputable and top distributor of government-issued and IRA-eligible platinum and other precious metals, provides a diverse selection of popular products, including:

– American Eagle coins

– Koala coins from Australia

– Maple Leaf coins from Canada

– Bars with a minimum fineness of 0.9995 and higher.

What Types of Platinum Cannot Be Included in an IRA?

Some types of platinum are ineligible for IRA inclusion and cannot be added to your account. These include platinum that does not meet the 0.9995 fineness purity standard and platinum that has not been approved by a government mint or an accredited refiner, assayer, or manufacturer. 

Additionally, any platinum coins that are rare, commemorative, or collectible are not IRA-approved. Examples of such bullion coins include the Platinum Panda from China, the Platinum Elephant from Somalia, the Switzerland Shooting for the Platinum Cook Islands Thaler, the Tong Proof Coins for the Olympics in Seoul, and coins made of platinum. At U.S. Money Reserve, obtaining accurate information is the first step in making the best choices for your portfolio. To prepare for a successful retirement, work with a reliable and experienced team by starting with our no-cost trial.

What Are the Potential Benefits of a Platinum IRA?

Platinum IRAs offer several potential advantages. Many Americans consider platinum, gold, and silver a hedge against recessions. This precious metal helps diversify portfolios and provides extra risk protection. Due to its inertness, platinum is an exceptionally durable precious metal that can endure for generations, making it a valuable component of a financial legacy. As part of a precious metals IRA, platinum must be stored in an IRS-approved secure location, minimizing the chances of loss, damage, or destruction to any platinum held in your IRA.

Historical Performance of Platinum

Although platinum has no history of private ownership as long as gold, it is still considered a symbol of wealth and quality. It is primarily due to its use in industrial applications such as the automotive industry. Platinum is also among the rarest metals in the world. When demand for platinum coins and bars exceeds supply, the price of platinum, along with other precious metals and commodities, increases.

How to Add Precious Metals to Your Self-Directed IRA

Paul Wilson, the CEO of the World Platinum Investment Council, explains that during periods of peak global risk, investors actively seek platinum as a valuable asset. It is primarily due to its substantial potential for short- and long-term demand growth and its significant discount compared to gold and palladium. Considering your financial situation and objectives, you may find it attractive to include precious metals, such as IRA-approved platinum coins, in your SDIRA. Working with a reputable distributor who thoroughly understands the complex nature of IRA-approved precious metals is advised if you want to ensure your retirement portfolio is well-diversified.

Frequently Ask Questions

What Are the Benefits of Converting to a Platinum IRA?

Converting to a Platinum IRA has several potential benefits for investors. These include increased portfolio diversification, market volatility protection, inflation hedging, and potential tax benefits. Platinum is a rare and valuable metal, making it a good investment in market uncertainty. Furthermore, platinum has historically increased in value over time, suggesting the possibility of significant long-term growth. 

What Are the Different Types of Platinum Iras?

Platinum IRAs are classified into two types: self-directed and custodial. Self-directed platinum IRAs allow the investor to hold and manage their account without the assistance of a third-party custodian. Custodial Platinum IRAs, on the other hand, necessitate the use of a third-party financial institution to hold and manage your investments.

What Forms of Platinum Can I Invest in With a Platinum IRA?

Physical bars or coins are the most common form of platinum investment. Still, exchange-traded funds (ETFs) and mutual funds allow investors to gain exposure to the metal. When purchasing physical platinum, ensure it meets IRS requirements and is kept in a secure, insured depository. 

Final Thought – Convert IRA To Platinum IRA

By partnering with reputable financial professionals like Augusta Precious Metals, Red Rock Secured, Goldco, American Hartford Gold, or Birch Gold Group, you can easily convert your traditional IRA to a Platinum IRA. This conversion offers numerous advantages, including tax-deferred growth and enhanced protection against creditors through the Platinum-level asset protection associated with this type of account. It offers added security and peace of mind, knowing that your retirement savings are safeguarded and steadily growing for your future needs.

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