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IRA-Approved Bullion

IRA-Approved Gold And Silver Bullion

Thank you for visiting our IRA-approved bullion guide. Learn the requirements set forth by the Internal Revenue Code for IRA-approved gold and silver bullion.

Important Notice!
Before we go more in-depth on this topic, we know that choosing a precious metals IRA company is an important financial decision that can impact your financial future for years to come.

Our goal is to provide you with the most accurate and reliable information to help you identify the best option to grow and protect your wealth today.

With careful and extensive research, we have reviewed and rated the 5 best precious metals IRA companies of 2022 to help make your decision easier!

>>See our list of the 5 top precious metals IRA companies (cash sales also available).

Also, check out a time-limited special promotion from our #1 recommended company!

For a limited time, they are offering up to 10% of your order in FREE silver! Meaning that if you purchase metals for $100,000, you get $10,000 in FREE silver!

>Learn more about this special promotion here!<<

Rating Overview From The Same Company:
  • Free Storage for Non-IRA Precious Metals
  • Biggest Promotions in the Industry
  • Unmatched Customer Service
  • No High Pressure Sales Tactics
  • Outstanding Ratings & Customer Reviews
  • FREE and Easy IRA & 401(k) Rollovers
  • A+ BBB Rating and AAA BCA Rating
  • Highest Buy-Back Guarantee
  • 2021 Company Of The Year Award

With that being said, let us get back to the main topic for this guide and take a look at IRA-approved bullion.

IRA-Approved Bullion


10 Reasons Why You Should Invest In Silver - Silver Bullion Selection

Thanks to the new IRS rules and regulations, you are now able to own high-purity (IRA-approved) and investment-grade gold bullion and other precious metals in their tangible form in such accounts.

This provides a safe way to protect your retirement savings, while also reaping the same tax advantages as a conventional IRA.

Only certain gold coins, bars, and rounds are IRA-approved. To clarify, IRA-eligible gold coins, bars, and rounds must meet a set of requirements set forth by the Internal Revenue Code 408(m) in order to be held in a self-directed IRA.

With gold bullion, the standard is a minimum purity of 99.5%, while with silver it is 99.9% minimum purity. See a detailed list of IRA-approved gold and silver bullion below.

 

Internal Revenue Code For IRA-Approved Gold:

The gold must be at least 99.5% fine purity for an IRA.

IRA-Approved Gold Bars & Rounds

Gold bars and rounds produced by a NYMEX or COMEX-approved refinery or national government mint, meeting minimum fineness requirements in order to be accepted.

IRA-Approved Gold Coins

American Gold Eagle Bullion Coins
American Gold Eagle Proof Coins
American Gold Buffalo Uncirculated Coins (Proofs Not Allowed)
British Gold Britannia Coins (From 2013)
British The Queen’s Beasts Coins
British gold Shēngxiào Lunar Series (British Coins)
Canadian Gold Maple Leaf Coins
Gold Canadian Eagle Coins
Austrian Gold Philharmonic Coins
Australian Kangaroo/Nugget Coins
Australian Striped Marlin Coins
Chinese Gold Panda Coins

IRA eligible gold bullion

Internal Revenue Code For IRA-Approved Silver:

The silver must be at least 99.9% fine to qualify for an IRA.

IRA-Approved Silver Bars & Rounds

Silver bullion rounds and bars must be fabricated by COMEX, NYMEX, or an ISO 9000 approved manufacturer in order to be accepted.

Proof coins cannot be graded and must come in the original Mint packaging with a Certificate of Authenticity to be eligible.

IRA-Approved Silver Coins

American Silver Eagle Bullion Coins
American Silver Eagle Proof Coins
British Silver Britannia Coins (From 2013)
British The Queen’s Beasts Coins
British silver Shēngxiào Lunar Series (British Coins)
Canadian Silver Maple Leaf Coins
Canadian Silver Soaring Eagle Coins
Canadian Silver Eagle With Nest Coins
Austrian Silver Philharmonic Coins
Australian Silver Kookaburra Coins
Chinese Silver Panda Coins
Mexican Libertad Coins

IRA eligible silver bullion

Additional Precious Metals To Include In A Gold IRA

Additional precious metals to consider for investing are:

Platinum – Primarily used in automotive applications for catalytic converters to help reduce harmful emissions. It is also used in jewelry and other refining catalysts along with some computer applications. Platinum is rarer than gold or silver and has historically been as expensive as gold.

Palladium – Palladium is 15 times rarer than platinum and 30 times rarer than gold. It is used in automobile manufacturing, electronics, dentistry, and fuel cell production. Like platinum, palladium is primarily used in automotive catalytic converters.

What Is A Gold IRA?

Learn more in our Gold IRA Guide.

Gold IRA Guide

Gold IRA Rollover & Transfer Explained

Welcome to our Gold IRA Guide

Learn everything you need to know about owning physical gold in an Individual Retirement Account, 401(k) rollover and transfer rules, the best gold IRA companies, etc.

Welcome to gold IRA rollover & transfer explained.

Learn what the difference between a gold IRA rollover and transfer is, what are the rules and regulations, how to store your IRA gold, when you can take physical possession of your gold, etc.

Request Your FREE Gold IRA Guide

To learn more about the benefits of investing in a gold IRA and how to get started, please request the FREE Gold IRA Guide, or find more information here.

Claim Your FREE Guide Here
Goldco - a Top Rated Gold IRA Company. Specializes in Precious Metals IRAs, Gold IRA

Best Gold IRA Companies

Gold IRA Companies We Recommend

There has never been a better time to invest in gold, silver, and alternative assets (cryptocurrencies like Bitcoin or Ethereum) than today. With the ease of setting up a gold IRA or crypto IRA, you can go from worrying about your retirement savings to having greater confidence in the diversification of your wealth. But choosing the right company to invest with can be extremely difficult unless you know what to look out for.

When reviewing gold IRA and crypto IRA companies it’s critical to compare the ratings and reviews by looking at independent authority sources. We look at the scores given by using 5 independent rating sources that include the Better Business BureauBusiness Consumer AllianceTrustLinkTrustPilot, and Ripoff Report.

We have looked into Augusta Precious MetalsGoldco Precious MetalsBirch Gold Group, and Regal Assets, all top-rated gold IRA companies, as well as the best online gold and trading company BullionVault.

Augusta Precious Metals Gold IRA

Best Overall Gold IRA Company In The US
$200/ Yr
  • Setup Fee Only $50
  • Minimum Purchase $50,000
  • Endorsed by Quarterback Joe Montana & His Personal Financial Team
  • Unique Free One-On-One Web Conference About Economy & Gold IRAs
  • A+ Rating by the BBB
  • Up to 10 Years of Fees Reimbursed to Your IRA in Silver Coins
  • Easy IRA & 401(k) Rollovers
  • Outstanding Client Ratings
Learn More

Goldco Gold IRA

Top Rated Precious Metals Company
$260/ Yr
  • Setup Fee $50
  • Minimum Investment $20,000 - $25,000
  • Cash Sales Minimum $3,500
  • Endorsed by the Political Commentator and American Talk Show Host Sean Hannity
  • A+ Rating by the BBB
  • 10% Back in FREE Silver
  • Easy IRA & 401(k) Rollovers
  • Highest Buy-Back Guarantee
  • Good Customer Ratings
Learn More

Frequently Asked Questions & Answers

Is investing in precious metals a good idea?

We believe it is. Throughout history, gold and silver prices have moved in the opposite direction of paper assets and can, therefore, provide a good hedge against inflation. Past performance doesn’t guarantee future gains, but the numbers show that the weaker the dollar has become in the past, the better gold generally has performed. In fact, the relationship between gold and the dollar is often seen as an inverse one.

Why starting a gold IRA?

Traditional IRA accounts may not be enough to provide for you and your loved ones, post-retirement. Not if the economy remains as uncertain as it has looked recently.
For eons, investors have looked to gold to help them potentially offset losses due to economic turmoil. A gold IRA or precious metals IRA permits you to diversify a portion of your retirement portfolio — including pre-existing IRAs and former 401k(s) with previous employers — by actually owning physical gold (and silver) within a retirement plan. As a result, you can securely possess physical precious metals in a tax-deferred account.

Should I invest in physical gold, futures options (EFTs), gold mining stocks, or gold funds?

Indirect forms of investing in gold are much riskier than physical metal. You are relying on any third party individual or company to look after your wealth for you, and depending on the company’s success or failure, you risk losing your investment. With physical gold, you are in control of your wealth. Physical gold offers you that layer of protection and security which Gold Exchange Traded Funds (ETFs), gold mining stocks and funds do not.

When investing in a gold IRA, you will get the same tax benefits as a traditional IRA, while actually owning physical gold coins or gold bars.

Do my precious metals have to be bars or can they be coins?

While some coins can be included in precious metals IRAs, only certain coins are IRS approved for inclusion in IRAs. In fact, not all bars or bullion are IRS approved. The IRS maintains a list of acceptable forms of precious metals for IRAs. You can be certain that a reputable gold IRA company offers a variety of metals for IRAs within IRS guidelines.

Can I choose any custodian and storage company to store my metals?

Yes. While established gold IRA companies often recommend Equity Trust as their preferred custodian and Delaware Depository for storage, you can choose your own custodian and storage companies.

Can I store my precious metals at home?

Non-IRA precious metals, yes. Not metals for an actual IRA. IRS rules forbid keeping your IRA precious metals at home or in a standard safety security box. They must be held by an approved non-bank trustee or a bank within IRS guidelines that restricts access. In other words, just like a traditional IRA, the access to the precious metals in your precious metals IRA must be restricted in specific ways to ensure deposit and disbursement laws are followed.

Are the values of the precious metals I buy for my IRA guaranteed?

No. Like all investments, the future value of precious metals is not guaranteed and can rise or fall based on a variety of market influences. But we believe physical precious metals are your safest bet to hedge against a stock market crash, inflation, and the debasing of the dollar.

When will I be eligible for distributions from my gold IRA?

At age 59½, you or the beneficiary of your precious metals IRA can start taking penalty-free distributions from the account, according to the IRS.

How long does it take to rollover a traditional IRA into a gold or silver IRA?

Usually around two-three weeks, although each application is different and the amount of time varies on a case-by-case basis.

What is the advantage for customers to set up an IRA with a gold IRA company as opposed to going to the custodian and setting it up with them?

The customers will receive top-notch service and specialized account setup knowledge provided by the gold IRA company’s IRA Processing Department throughout the process from start to finish. They do 95% of the paperwork with them. Customers can feel safe knowing they will be kept up to date every step of the transfer process by daily calls or e-mails from the IRA Processing team with any gold IRA company listed on How To Invest Gold. These companies also often provide lifetime account support.

What is Augusta Precious Metals?

Augusta Precious Metals is a premium provider of precious metals products and services, with a specialty in gold and silver IRAs. The company’s reputation of a customer-first approach to sales, service and education is well-known throughout the retirement investing community. Augusta has received ZERO complaints at either the BBB or BCA since opening its doors in 2012 – and has received thousands of 5-star reviews across the most popular consumer rating platforms. And here’s a big reason for all the excitement: Augusta offers the most competitive, transparent pricing in the industry, underscored by its price-match guarantee on all coins.

Additionally, Augusta will waive fees up to 10 years for new customers (a special – ask how many years you qualify for). As much as all that is, Augusta Precious Metals offers much more to hard-working retirement savers, including a free one-on-one educational web conference designed by the company’s on-staff Harvard-trained economist. This is the same web conference attended anonymously by hall of fame quarterback Joe Montana that convinced him to become an Augusta customer. Mr. Montana’s personal financial advisors found the company for him after researching all the gold IRA companies in the U.S.! Read the full review of Augusta Precious Metals in section: Reviews.

What is Goldco?

Goldco is one of the leading providers of precious metals IRAs, and its IRA & 401(k) rollovers are easy and painless. They pride themselves in customer service and the ability to help individuals diversify their retirement accounts and skyrocket their wealth.

Goldco has an A+ rating by the BBB, and Inc. magazine ranked Goldco the 528 in its 35th annual Inc. 5000, a list of the nation’s fastest-growing private companies. With Goldco, any investor can buy precious metals outright, even if they specialize in precious metals IRAs.

About How To Invest Gold

Our Mission

For over a decade, our mission has been to provide investors and retirees with all the information they need when it comes to precious metals and cryptocurrency investing.

Gold backed IRA - Goldco, Regal AssetsNot only do we provide a complete guide on the best ways to invest in precious metals, but we have also carefully vetted the best precious metals companies in the US to help you choose the best provider for your investment needs.

We believe that investing in precious metals and cryptocurrencies through your 401(k)/IRA is one of the best ways to invest in this asset class, due to the tax-saving component. A gold IRA or crypto IRA is the best way to protect your retirement account against an unstable market.

Disclaimer: The owner of this website is not licensed as an investment advisor and, accordingly, does not make any recommendations regarding clients’ personal investment portfolios. It is recommended that you carefully evaluate and research the risks and rewards associated with investing in alternative assets such as physical precious metals and cryptocurrencies before you make a purchase. Learn more in our Terms of Service.

We are happy to answer all your questions

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