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|
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.