There are some significant benefits precious metals IRA approved gold investing, although it works very similar to a traditional IRA. The difference is that instead of holding assets in the form of paper currency, it holds gold coins or bars. So, one obvious benefit is that despite depreciation of currency (meaning dollar) the worth of your assets is not affected…
Tag: Precious Metals IRA Approved Gold Investing
Precious Metals IRA Approved Gold Coins
Many widely-popular gold coins actually do not qualify for gold investing in your precious metals IRA. Below, please find a list containing the most popular gold bullion coins that are actually eligible for a precious metals IRA. American Gold Eagles – The purity of this coin stands at 91.67. Meaning, its weight of 1.0909 troy ounces gets you one troy…
Precious Metals IRA Approved Gold Investing
A gold IRA, aka precious metals IRA, presents the opportunity to hold a range of other assets, which include precious metals, such as gold. Nonetheless, all kinds of gold bullion bars as well gold bullion coins do not qualify for gold investing in a precious metals IRA. The Internal Revenue Service (IRS) has laid very precise specifications regards purity of…
Gold Bullion Coins NOT Allowed in a Precious Metals IRA
There numerous gold coins that you cannot use for the purpose of your gold investing in your precious metals IRA. Take special note, that there are also quite a few widely-popular coins that are actually not eligible for gold investing in your precious metals IRA. Below, please find a list of some of these gold coins: Chinese Panda coins Chilean…