|Owning precious metals in an IRA
Since 1997, thanks to the Taxpayer Relief Act, American citizens have been able to buy and sell physical precious metals within their tax-deferred Individual Retirement Account (IRA). This means that you can turn your gold investment into a tax- deferred asset simply by rolling or transferring your IRA or other retirement holdings into gold. These are not paper shares, but actual physical Gold Coins approved by the IRS.
What types of retirement accounts can own precious metals?
Benefits and performance
*(Tax laws regarding IRAs are complex, and in some cases, ambiguous and open to interpretation. Republic Monetary Exchange cannot offer you tax advice. None of the verbal or written communication should be considered tax advice or acted upon for tax purposes. Before making any IRA investment decision, you should seek advice from your attorney or tax professional.)