precious-metals allowed in an ira

PRECIOUS METALS THAT ARE ALLOWED IN YOUR IRA

Although you can add different metals to your IRA rollover, you can’t add all metals nor can you add all coins or bullion.  When purchasing  your metals from your chosen company please check before purchase (preferably in writing) that the metals provided ARE eligible for your account.

There are strict guidelines as laid out by the Internal Revenue Service as to what precious metals can be used in an IRA and the purity level required for each metal. Below you will find a comprehensive list of what metals can be added to your IRA, along with the purity level required for such investment.

GOLD ALLOWED	SILVER ALLOWED	PLATINUM & PALLADIUM ALLOWED
GOLD BULLION & COINS APPROVED BY IRS FOR INVESTMENT IN AN IRA	SILVER BULLION & COINS APPROVED BY IRS FOR INVESTMENT IN AN IRA	PLATINUM & PALLADIUM BULLION & COINS APPROVED BY IRS FOR INVESTMENT IN AN IRA
AMERICAN GOLD EAGLE COINS AMERICAN GOLD BUFFALO COINS AUSTRALIAN GOLD KANGAROO/NUGGET COINS AUSTRIAN GOLD PHILHARMONIC COINS CANADIAN GOLD MAPLE LEAF COINS CREDIT SUISSE GOLD BARS JOHNSON MATTHEY GOLD BAR VALCAMBI GOLD COMBIBAR	AMERICAN SILVER EAGLE COINS AUSTRALIAN KOOKABURRA SILVER COINS AUSTRIAN PHILHARMONIC SILVER COINS CANADIAN SILVER MAPLE LEAF COINS MEXICAN SILVER LIBERTAD COINS JOHNSON MATTHEY SILVER BAR ROYAL CANADIAN MINT SILVER BAR	AMERICAN EAGLE PLATINUM BULLION COINS AUSTRALIAN KOALA PLATINUM COINS CANADIAN MAPLE LEAF PLATINUM COINS ISLE OF MAN PLATINUM NOBLE COINS CANADIAN PALLADIUM MAPLE LEAF COINS RUSSIAN BALLERINA PALLADIUM COINS BAIRD PALLADIUM BARS CREDIT SUISSE PALLADIUM BARS

 

 

PRECIOUS METALS NOT ALLOWED IN AN IRA

Below we have listed the different bullion and coins that although popular are not eligible for your retirement account. If purchasing these coins, make sure you are doing so simply from a collectible view.

• Austrian Corona
• British Britannia coins
• Chilean 100 Peso
• Chinese Panda coins
• Dutch 10 Guilder
• Formula 1 Coins From Rosland Capital
• French 20 Franc
• French Napoleon coins
• Israel Tower of David coins
• Italian Lira coins
• Mexican 50 Peso
• Mexican Gold Peso coins
• Russia’s George the Victorious coins
• Somalia Elephant coins
• South African Krugerrand coins
• Swiss 20 Franc
• Switzerland Vreneli coins
• United Kingdom Sovereign coins
• U.S. Buffalo Proof coins
• U.S. Liberty coins
• USSR Chevronet coins.

IMPORTANT NOTE – This list is not exhaustive and therefore, when buying coins for your retirement account, only buy those listed at the top of this page in the section on coins that can be used.

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June 22, 2017 at 11:38AM