Exploring Ways to Incorporate Metals into Your IRA

Exploring Ways to Incorporate Metals into Your IRA

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If you’re looking to add value and stability to your individual retirement account (IRA), then look no further than precious metals. Metals offer safety from a tumultuous stock market and can offer bigger returns than fixed-income investments. Are precious metals right for your IRA, and how can you get started? Here is what you need to know.

Why Invest in Precious Metals?
Precious metals offer some unique pricing and stability features that other items in your portfolio can’t match. Metals have intrinsic values, so while prices fluctuate, they won’t become worthless. While money can be inflated through excess production, metals can’t be, since producers cannot create more than is naturally available. When you add precious metals to your IRA, their stability can absorb some of the risk of your other investments.

What Are the Rules for Investing?
If you choose to invest in physical bullion or coins, the IRS has a few rules you have to follow. The bullion and coins must meet IRS fitness standards in terms of pureness. This means that coins like American Gold, Platinum, and Silver Eagles and Canadian Gold Maple Leafs are acceptable, but the South African Krugerrand is not. The physical metals must be held by an IRA trustee instead of by you. These rules apply to all kinds of IRAs.

Can I Invest Using EFTs and Stocks?
If you don’t wish to physically own gold bullion or coins, or if you want to diversify, then you can buy EFTs and stocks in precious metals for your IRA portfolio. EFTs and stock-buys are IRS-approved, as long as you adhere to the general terms of your IRA account.

Do you have questions about adding precious metals to your IRA? California Numismatic Investments can explain your options and help you choose the right solution for you. Start taking steps to add the stability of precious metals to your IRA today by calling (800) 225-7531.

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