Gold has long been one of the go-to investments for people looking to add precious metals investments to their retirement portfolio, yet not all gold products qualify as IRA investments.
The IRS has instituted strict criteria for precious metals that qualify as assets to be placed into an IRA account, such as meeting purity thresholds. To qualify, products must comply with these regulations.
Gold Bars
Gold bars eligible for investment through retirement accounts (IRAs or otherwise) are increasingly popular with investors due to their high purity and affordable nature. Unlike collectable coins with additional collectable value that drives up their price, bullion gold bars are priced based solely on precious metal weight – making them more suitable investment vehicles than their coin-based counterparts.
When investing in gold suitable for an IRA, it is crucial to select a product which meets IRS minimum fineness requirements (.995 pure) and was manufactured by an approved refiner/manufacturer. Luckily, many reputable gold companies sell products which comply with these criteria.
APMEX offers an expansive selection of IRA-eligible gold bars from leading refiners such as Credit Suisse, PAMP Suisse, Johnson Matthey and Perth Mint – with sizes ranging from one oz all the way up to 1,000 grams – that are protected and delivered directly to you with independent third-party verification of authenticity and weight.
Gold Coins
Gold coins are one of the most sought-after ways to invest in precious metals, offering tangible protection from inflation over time and providing diversification within your portfolio. These bullion products feature face value that’s often guaranteed by government entities – providing diversification that’s protected against inflation over time.
Coins must also meet specific criteria in order to be considered eligible for an IRA account, including being produced by a reputable refiner, such as PAMP Suisse or Johnson Matthey; having a minimum fineness of 99.5% and not being considered rare or collectible.
Birch Gold Group stands out as an industry-recognized precious metals provider that provides an open, transparent investment process and transparent fees. Furthermore, their expansive inventory includes IRA eligible gold coins and bullion products such as their Australian Kangaroo coin series with new reverse designs annually and Mexico Gold Libertad coins.
Gold Bullion Rounds
Precious metal investments provide a unique way of protecting retirement savings. But before purchasing your first piece, it is crucial that you understand the IRS regulations governing these investments.
Gold that qualifies for inclusion in an Individual Retirement Account must meet stringent purity and production standards, as well as be stored safely within an approved depository. Therefore, when purchasing gold bullion it’s wise to choose a reliable dealer.
There are numerous popular gold bullion options that satisfy IRS regulations, such as rounds from PAMP Suisse that are priced based on weight – making them more cost-effective than collectible coins. Furthermore, you can find IRA-eligible gold bars weighing 1 gram to 5 kilograms that have been made from pure gold manufactured at ISO 9000-, LBMA- or NYMEX-accredited assayers/refineries that meet minimum fineness standards to qualify as eligible bullion investments for an IRA account.
Gold Bullion Bars & Rounds
Precious metals eligible for inclusion in an Individual Retirement Account must come from either a national government mint or an accredited refiner/assayer/manufacturer and meet minimum fineness standards. Numismatic coins generally do not meet this criteria as they tend to pay gold companies higher commissions than bullion products while not reflecting spot price of gold.
Bars offer lower premiums than coins and are easier to store due to their larger size, making them an economical way of diversifying a collection. Investment-grade bars also make an excellent addition for investors seeking an eclectic assortment of shapes, sizes, and purity ranges than are typically found with coins or rounds.
Gold can be an effective way to protect yourself against inflation and strengthen retirement security. Request your free wealth protection kit now to discover this unique investment opportunity!
