The IRS takes into consideration most financial investments in steels to be a distributed financial investment in a collectible, yet there are some exceptions. You could invest funds from your IRA in U.S. gold coins minted by the Treasury Department in weights of one, one-half, one-quarter, or one-tenth oz.
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You may likewise purchase specific gold, silver, palladium and platinum bullion. You can purchase these acceptable gold financial investments without going through an immediate distribution or tax penalty.
There are financial investments that you could include in your individual retirement account that will certainly offer you an direct exposure to gold without making a direct financial investment in the metal. You may purchase the stock of gold mining firms. You may purchase gold-oriented mutual funds, which may have holdings in both gold bullion and the stocks of gold mining firms. Or you could purchase gold-related exchange-traded funds, or ETFs.