What Precious Metals Items Are Permitted In IRAs?
An increasingly popular precious metals investment strategy among today’s “baby-boomers” is to utilize a bullion-backed IRA, to secure their much-needed financial independence, and long-term security. This tactic is ideal for investors who either cannot, or will not pay the extremely high premiums that certified rare gold coins command, and also convenient, since rare coins are not permitted in precious metal-backed IRAs. This numismatic distinction not only reflects in the dramatic price difference between bullion, and rare gold coins, it also prompts the subsequent question, “What precious metals items are permitted in precious metal IRAs?” For the benefit of novice, and experienced investors alike, the following is a list of U.S. government-approved, precious metal IRA contributions:
Any COMEX (Commodities Exchange)-approved bullion items, like uncirculated “rounds”, or precious metal bullion bars. Silver, Platinum, and Palladium items are also acceptable for IRA storage.
Johnson Matthey, Engelhard, Credit Suise, And PAMP Suisse, are all U.S. government-approved, brand name manufacturers for 24-karat, 1-ounce, and/or 10-ounce bullion bars. (Kilo bars are also available for large-volume buyers).
Modern, $50 face value, one-ounce American Eagles are the only 22-karat bullion coins that are permitted for precious metal IRAs, as well as proof versions of these globally popular coins, which are the only government non-confiscatable gld IRA items. The following 24-karat bullion coins are also U.S. government-approved: American Buffalos, Austrian Philharmonics, Chinese Pandas, Canadian Maple Leafs, and Australian Kangaroos, Koalas, and Lunar coins.
Investors can avoid paying backbreaking retail prices for their precious metal bullion items by contacting one of our friendly specialists, who offer institutional discounts on these, and many other items to household investors like you.