How Do I Add Precious Metals to My IRA?

Precious metals are an ideal diversifier for retirement portfolios, providing protection from economic turmoil and inflation.

IRS requirements stipulate that precious metals used in an IRA must meet certain purity standards, making it important to select a reliable dealer when buying these assets. Most IRA custodians maintain relationships with these dealers and can assist you in selecting appropriate products for your IRA account.

Self-directed IRA custodians

Add precious metals to your IRA as an effective way of diversifying your retirement portfolio and protecting against inflation. However, investors should only dedicate a small percentage of their account towards these assets.

To maximize the return on your investment, it is best to select a dealer with an excellent track record and quality products. Do your own research until you find one who fits perfectly; ideally they should belong to trade groups such as American Numismatic Association or Industry Council for Tangible Assets.

Add precious metals to an IRA with ease by opening a self-directed individual retirement account (SDIRA), purchasing from a dealer, and depositing with the depository. SDIRAs differ from traditional IRAs in that they allow investors to hold alternative investments such as real estate, precious metals, tax liens, private mortgages and cryptocurrencies in one account.

Metals dealers

Addition of precious metals to an IRA is an effective way of diversifying your portfolio and protecting against inflation or economic uncertainty. Furthermore, this asset class serves as a counterweight against traditional stocks and bonds for your portfolio balance.

Start by selecting a Self-Directed IRA custodian and metals dealer; your custodian will purchase metals from these sources on your behalf before safely depositing them with a depository that specializes in safekeeping – this step must not be done at home due to IRS restrictions!

Once you’ve located a reliable dealer, select an eligible IRA product and have it sent directly to your custodian for storage at the depository of your SDIRA. At that point you can take distributions either as metal or cash as per your needs and financial goals, or contribute more if certain IRS guidelines are met.

IRA rollovers

Precious metals have long been an attractive investment option, providing tangible assets which can weather financial turbulence well and serve as an inflationary hedge. But precious metals should only make up part of your retirement portfolio – investing too heavily can leave it vulnerable against unexpected changes and increase risks of undiversified portfolios.

Be wary when choosing an investment dealer; make sure they are reputable. Also avoid collectible coins as these are not permitted by the IRS for investment into self-directed IRAs. Finally, only invest in precious metals which meet IRS purity standards; anything not meeting them could count as distributions and may incur an additional 10% penalty if purchased prior to age 59.5.

Rollovers and transfers are two primary methods for adding precious metals to an IRA, though precious metals custodians also offer this service, buying assets on your behalf while taking care of any necessary paperwork.


Precious metals are an increasingly popular retirement investment choice due to their long-term growth potential and protection from inflation, tax-deferred growth and tax-free status. Investors must however be aware of all regulations and requirements associated with precious metals IRAs such as making sure your metals are stored in an IRS approved depository, meeting contribution limits and taking minimum distributions as required by IRS requirements.

Investment through an IRA is straightforward, yet selecting an experienced custodian and dealer are key. Your custodian should have knowledge about precious metals to assist with product selection; store logistics should also be managed effectively by them. Furthermore, select a dealer offering competitive pricing services with diverse offerings; finally be sure to buy only eligible bullion such as coins hallmarked by either NYMEX or COMEX-approved refiners/assayers that meets certain purity standards for safekeeping in an IRA account.

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: