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What is IRA Approved Gold? 

One gold bar, shown obverse and reverse next to one gold coin, shown obverse and reverse.

IRA-Approved gold meets requirements set by the Internal Revenue Service for self-directed individual retirement accounts (SDIRA). The gold products must be at least 99.5% pure, or .995 fine, and produced by a certified government mint or manufacturer. 

Most IRA-eligible gold is in the form of coins or bars, while many collectible items are excluded.  

Are Other Metals Allowed in an IRA? 

Silver, platinum, and palladium are also allowed in SDIRA’s, but the purity standards are not the same for all metals. Platinum and palladium products must be .995 fine like gold, but for silver products to be IRA eligible, they must be .999 fine.  

What is a Precious Metals IRA? 

Are you curious about rolling your 401(K) into a precious metals account? An Individual Retirement Account (IRA) is a savings account designed to provide retirement savings with tax advantages.  

There are several kinds of IRAs, including traditional, Roth, SIMPLE, and Self-Directed. 

If you want to roll your 401(k) into precious metals, you may want to consider a self-directed IRA. Precious metal IRAs are unique investment tools that allow for the tax-deferred purchase of precious metals distributed like other IRAs. 

What Makes a Precious Metals IRA Different than Other IRAs? 

One of the key differences between precious metals IRAs is that you can take physical possession of your gold, silver, platinum, or palladium products when it is time for distributions to begin.  

All IRAs, including Roth, traditional, SIMPLE, SEP, and Solo are eligible for direct rollover into a precious metals IRA.  

How Do I Buy IRA-Approved Gold? 

To buy gold, silver, platinum, or palladium for a precious metals IRA, you will need to find an IRA custodian. T Custodians are banks, brokers, and other institutions that will help you manage your IRA.  

With your chosen custodian’s assistance, establish your SDIRA.   

Add your rollover funds and begin paying into your IRA. You can select the gold, silver, platinum, and palladium products for your custodian to purchase in your stead and hold in your account.  

If you have more questions about gold IRAs, contact our IRA experts

Quick Guides to Investing

Step 1:

Why Buy Physical Gold and Silver?

If you are concerned about the volatility of the stock market, you’re not alone. The extreme highs and lows of the stock market often lead investors towards safe-haven assets, like bullion. Historically, the Precious Metals market has an inverse relationship with the stock market, meaning that when stocks are up, bullion is down and vice versa.

Step 2:

How Much Gold and Silver Should You Have?

This question is one of the most important for investors to answer. After all, experts suggest limits on how much of any types of investments should go into a portfolio. After deciding to purchase and own Precious Metals and considering how much money to allocate, one can then think about how much and what to buy at any point in time.

Step 3:

Which Precious Metals Should I Buy?

With the frequent changes in the market and countless Precious Metal products available, choosing investments can be difficult. Some want Gold or Silver coins, rounds or bars while others want products that are valuable because of their design, mintage or other collectible qualities. Also, collectors may shop for unique sets and individual pieces for their collections.

Step 4:

When to Buy Gold & Silver

After considering why, how much, and what Precious Metals products to buy, an investor’s next step is when to buy them. This decision requires an understanding of market trends and the impact of economic factors on precious metal prices.

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