PROTECT YOUR WEALTH FOR GENERATIONS
TO COME WITH A PLATINUM IRA.
Should You Own a Platinum IRA?
Owning a platinum IRA is a prudent decision for those seeking to diversify their portfolio, safeguard their wealth, and mitigate market volatility. By incorporating platinum into your portfolio, you introduce a tangible asset that can lower overall risk and enhance the likelihood of realizing long-term financial objectives. Moreover, holding platinum in an IRA can provide substantial tax advantages.
Avoid waiting for inflation to erode the value of your dollars entirely. Retain control over your spending power and prevent others from having undue influence. This is an opportune moment to consider transferring your IRA to a Platinum IRA.
To Qualify As IRA Eligible Precious Metals, The Following
Minimum Fineness Requirements Must Be Met:
IRA Approved Platinum
Not all platinum coins, proof coins, bars, and rounds are created equal. To be eligible for inclusion in a Platinum IRA, these products must meet a specific fineness requirement of .995, with exceptions such as American Eagles. Fortunately, there is a diverse range of qualified precious metals that can be held in a Platinum IRA. Gone are the days when IRAs were limited to only American Eagle products. Today, IRAs encompass all IRS-permitted gold, silver, platinum, and palladium products.
The Taxpayer Relief Act of 1997 played a pivotal role in expanding the range of precious metals holdings allowed in IRAs. This legislation now includes one, one-half, one-quarter, or one-tenth ounce U.S. gold coins and one-ounce silver coins minted by the U.S. Treasury Department, along with certain foreign coins.
At Western Platinum Capital, you will never pay retail prices, and you will always engage directly with highly experienced team members. Our team comprises leading industry professionals with extensive experience, having held senior positions at the largest retail precious metals firms in the U.S. We eliminate multiple layers of executive and shareholder compensation, working directly with you to secure the most competitive pricing on platinum and other precious metals.
For more information on IRA-eligible platinum coins, proof coins, bars, and rounds, or to learn more about rollovers, transfers, and other Platinum IRA details, feel free to contact us.
AMERICAN EAGLE BULLION / PROOF COINS
AUSTRALIAN KOALA BULLION COINS
CANADIAN MAPLE LEAF BULLION COINS
ISLE OF MAN NOBLE BULLION COINS
Frequently Asked Questions
You can rollover or transfer the following types of accounts into a precious metal IRA:
- Traditional IRA
- SEP IRA
- Non-IRA investment accounts (e.g. brokerage account)
Note: The IRS rules regarding precious metal IRAs require that the precious metal held in the IRA meet certain fineness standards and be stored with an IRS-approved depository.
A depository is required for a precious metal IRA because the Internal Revenue Service (IRS) regulations state that all precious metal held in a IRA must be stored in an IRS-approved depository. The purpose of using a depository is to ensure the safety and security of the assets in the precious metals IRA, and to provide an independent third-party storage solution for the precious metals.
The role of the depository is to hold and protect the precious metal investments, and to provide periodic statements and valuation reports to the custodian and the IRA owner. The depository is also responsible for the proper insurance and security of the precious metal, including any necessary measures to protect against theft, loss, or damage.
By using an IRS-approved depository, the assets in the retirement funds are kept separate from the custodian’s own assets and are protected in the event of bankruptcy or other financial difficulties. Additionally, having the precious metals held in a depository helps to ensure that the investments meet the individual retirement account rules and regulations for self directed IRA.
Precious metal are insured real property much like your home. However, unlike your home, which is limited to a very narrow pool of buyers, i.e. that specific property, at that specific price, in that specific zip code, etc., gold is recognized as money the entire world over. In fact, Gold is the second most traded commodity in the world after oil.
You can sell as much or as little of your precious metals to anyone, at any time, anywhere in the world. Where Western Gold Capital will be happy to provide an offer to buy back your metals, you are in now way obligated to sell back to us.