If you want to invest in gold for an IRA, make sure it complies with IRS standards and use this guide as your resource to locate eligible coins and bars for inclusion.
Gold products eligible for inclusion in an Individual Retirement Account must meet a minimum standard of 99.5 fineness and be manufactured by a certified government mint or manufacturer – this applies both to bullion coins as well as silver products that meet these criteria.
Australian Lunar Series Coins
Many collectors and investors alike are drawn to gold coins that depict animals from the Chinese zodiac calendar, like Perth Mint’s Lunar Series coins which depict different animals each year.
These 5 ounce silver bullion coins boast an eye-catching design depicting Queen Elizabeth II on the obverse side and intricate detailing from an animal from China’s lunar calendar on their reverse. Ever since 1996’s introduction of Lunar Series coins into circulation, collectors have sought after these stunning coins for inclusion into their collections.
These legal tender coins from Australia feature Her Majesty as the portrait and denomination printed on each obverse side, with each reverse side featuring an image from Lunar Series featuring various animals with differing numbers of front and hind claws to convey a deeper message. Furthermore, IRA-eligible versions make an excellent addition to any precious metals collection.
Austrian Philharmonic Bullion Coins
As one of the world’s bestselling gold bullion coins, the Austrian Philharmonic coin stands out in any precious metal collection. Featuring an image and musical theme inspired by Vienna Philharmonic Orchestra performing at Musikverein, this coin makes an instantaneous statement of quality and pride in any collection.
Gold Philharmonic coins come in 1 ounce and fractional ounce denominations, giving investors flexibility in tailoring their portfolio and selecting an investment size best suited to their investment goals. Furthermore, investors may purchase Gold Philharmonic Monster Boxes for additional liquidity and storage options.
As the Austrian Philharmonic is issued by the government, its premium costs typically are higher than other private mint coins; however, due to its collectable and numismatic appeal it may appreciate over time. IRA-eligible gold and silver investments provide investors an opportunity to diversify their retirement portfolio with physical precious metals by investing in coins, bars and rounds that qualify. Invest now!
U.S. Buffalo Bullion Coins
Many investors enjoy the diversity that IRA-eligible gold coins bring to their precious metals portfolio. These coins feature designs honoring American Native heritage and Western U.S. landscape, making them great investments that provide both diversification and inflation protection as they tend to depreciate less quickly than other investments.
When purchasing gold eligible for an IRA, its purity should be as high as possible. The IRS has implemented minimum fineness requirements so as to guarantee you receive precious metals of the highest quality.
IRA eligible gold should always be stored safely. A reliable dealer offering insured shipping and storage will help to keep your investment safe until retirement time rolls around, or ensure proper storage at home to protect it from theft or damage.
Other Precious Metals
Gold and precious metal investments can help diversify your retirement portfolio, but for an even more comprehensive solution consider opening a Self-Directed Precious Metals IRA through Birch Gold Group. A Precious Metals IRA gives all the benefits associated with an individual retirement account while offering tax advantages as well.
Precious Metals IRAs differ from traditional IRAs and 401(k) plans in that they do not require minimum distributions at age 70 1/2; instead, withdrawals without penalty can be made at any time – all contributions being tax-deferred!
Many investors choose physical precious metals as an insurance against currency depreciation and global instability, including gold bullion coins. There are various choices available which meet IRS purity standards when adding gold bullion coins to an IRA account, including Australian Kangaroo/Nugget coins, Austrian Philharmonic Coins, and 1oz British Britannia coins containing one troy ounce of 24-karat gold that are backed by their government.