Can You Hold Precious Metals in a Roth IRA?

Can you hold precious metals in a Roth IRA

Precious metals offer an intrinsic value that serves as a strong hedge against inflation, currency devaluation and geopolitical uncertainties – add them now to your retirement portfolio!

An Individual Retirement Account, or IRA, allows investors to purchase gold coins and bullion that meet certain purity standards – such as American Eagle proof coins and approved silver and platinum bars from self-directed custodians or trustees – within their IRA account. To do this successfully.


Gold investments within an IRA account can be seen as collecting items, which may trigger early distribution penalties upon withdrawal. To prevent early distribution penalties from accruing when withdrawing from your account, the IRS requires physical gold and silver be kept with a custodian who has been approved to purchase, store, and sell collectibles.

Most IRAs only permit you to invest in paper assets like stocks and bonds; however, the IRS allows individuals to establish self-directed gold-backed IRAs that allow them to hold approved precious metal coins and bullion. This account charges an annual storage and insurance fee.

Lear Capital is an experienced provider of precious metals IRAs, offering an easy account opening process and online portfolio tracking. Their outstanding customer ratings and wide selection of products makes Lear Capital an attractive option. Their price-match guarantee provides additional peace of mind, while they offer a 24-hour risk-free period to consider your purchase – an important feature in terms of decreasing counter-party risk and increasing security.


Precious metals offer an effective hedge against inflation, currency fluctuations and geopolitical events – however IRA owners must pay attention to any fees when investing in these assets.

Precious metals IRAs typically charge annual storage fees to house the physical coins and bars they store – this can amount to several hundred dollars annually. Other fees may include transaction charges or commissions fees.

The Internal Revenue Service imposes certain requirements and standards on physical Gold and silver that can be placed into an IRA, including bars that meet these standards, such as PAMP Suisse bars; certain uncirculated U.S. Buffalo and American Eagle coins; as well as silver bullion coin rounds or coins that meet IRS specifications such as Canadian Maple Leaf or Australian Kangaroo/Nugget coins.

Coin and bar purchases from dealers that don’t comply with IRS rules could constitute an IRA distribution, incurring taxes and penalties until it can be rolled back over. Investors might instead consider investing in exchange-traded funds tracking the performance of specific precious metals instead.


The IRS sets restrictions on which physical precious metals IRA holders may hold. For instance, these investments must meet specific fineness and purity standards to qualify as investments; otherwise they could constitute prohibited transactions and be counted against you as unsuitable investments. Therefore it’s crucial that when selecting investments you consult only with reliable precious metals dealers.

Gold can add diversification and protection against inflation, currency devaluation and geopolitical uncertainty in an IRA portfolio. Furthermore, physical gold offers tangible control of savings while decreasing counter-party risk.

When selecting a precious metals company, be sure to select a custodian who charges a low annual storage and insurance fee. Also important is understanding any transactional fees such as contributions or distributions – many IRA custodians charge additional charges such as writing each check on an IRA account.


Gold investing can add diversification and inflation protection, along with long-term growth potential for your retirement portfolio. But buying physical precious metals requires setting up an IRA account which requires shipping costs as well as insurance premiums to be covered by.

Many investors choose gold-focused funds or exchange-traded funds (ETFs) as an easier and less costly way of investing in precious metals than purchasing and storing physical precious metals directly.

Precious Metals IRAs are an attractive investment option for individuals seeking to diversify their retirement portfolio with tangible, finite assets that have proven their purchasing power over time. At Birch Gold Group, one of our certified Precious Metals Specialists will guide you through the paperwork and steps needed to open a Self-Directed Individual Retirement Account (SDIRA), including selecting IRS compliant coins or bullion that meet IRA criteria.

Raymond Banks Administrator
Raymond Banks is a published author in the commodity world. He has written extensively about gold and silver investments, and his work has been featured in some of the most respected financial journals in the industry. Raymond\\\'s expertise in the commodities market is highly sought-after, and he regularly delivers presentations on behalf of various investment firms. He is also a regular guest on financial news programmes, where he offers his expert insights into the latest commodity trends.

Categorised in: