What is IRA-Eligible Gold?
IRA-eligible gold is physical gold minted as coins or bars that have been approved by the IRS and deemed investment grade. The IRS allows only these specific metals in a Gold IRA. The IRS has strict guidelines regarding the types of metals you can have in an IRA. These guidelines help keep your long-term retirement funds safe and secure. To be considered for storage in an individual retirement account, gold or other eligible precious metals must meet benchmarks for the following standards: Quality Purity Condition ... Continue Reading