Precious Metal Investments that can be held in an IRA gold include:
– Physical Metals. Certificates of precious metals.
– ETF’s are exchange traded funds
– Closed ended funds (CEFs).
Private funds
Here’s everything you need to learn:
– What types and amounts of physical precious metals may be allowed into an IRA
– Allowed Coins for an IRA
– It is not permitted to have gold coins in an IRA.
– What are bullion and what is acceptable to an IRA?
IRS storage requirements
– Self-directed IRA account administrator.
How to transfer your metals to an IRA account
– A note concerning 401K’s.
What type of Physical Precious Metals may an IRA contain?
– Gold bullion
– Coins made of gold
– Silver bullion
– Silver coins
– Platinum coins.
Palladium coins
Allowed coins to an IRA
– American Eagles Gold.
– Gold Australian Kangaroos.
– Canadian Maple Leafs – Gold
– Gold Austrian Philharmonic’s.
– Silver US American Silver Eagles
– The Silver Australian Kookaburra
– Silver Canadian Silver Maple Leafs.
– Mexican Silver Libertad Bullion
American and Canadian Platinum and Palladium one-ounce coins.
No gold coins allowed in an IRA
These gold coins may not be of the minimum acceptable pure that is required to be kept in an IRA.
South African Krugerrands
– Hungarian Corona.
– British Britannia/ British Sovereign.
– Collectable and rare numismatic coins
What is bullion? What is acceptable?
Bullion means bars and rounds produced by a NYMEX/COMEX approved refiner/assayer/national mint that meets or exceeds the minimum fineness requirements.
-Gold – fineness at 99.5% or more
Silver – Mint quality of 99.99%.
– Platinum: Fineness of 99.95% (or better).
Palladium: Fineness at 99.95% and above
IRS Storage Requirements
If you have an IRA funded with gold, palladium or silver, the IRS will require you to keep your investment in a vault deemed “safe for your investment”. Vault segregated Storage is where your investment and others are kept apart in a secure vault. This is the only storage you are allowed to have if your metals remain in an IRA. An IRA administrator can open a segregated account on your behalf. The dealer will deliver your investments to the vault where they have been chosen after your investments have already been purchased. This investment is not yours to keep.