Can I Use My Roth IRA to Buy Precious Metals?

Can I use my ROTH IRA to buy gold?

Yes. A ROTH IRA can own gold and IRA eligible precious metals just like any other IRA including a traditional IRA, SEP-IRA, SIMPLE IRA, Inherited IRA, Rollover IRA, and Spousal IRA.

What is a Gold IRA?

A Gold IRA can be a Traditional IRA, a ROTH IRA, a SEP-IRA, a SIMPLE IRA, or and Inherited IRA that is self-directed and owns IRA eligible physical gold coins or gold bars.

What is a Silver IRA?

A silver IRA is also a Traditional IRA, a ROTH IRA, a SEP-IRA, a SIMPLE IRA, or and Inherited IRA that is self-directed by the account holder and owns allowable forms of physical silver coins or silver bars. Many precious metals IRAs own a mix of gold and silver.

What is a Palladium IRA?

A Palladium IRA is a form of a self-directed IRA or Precious Metals IRA that is invested in certain allowable types of physical palladium coins or palladium bars.

What is a Platinum IRA?

A Platinum IRA is an IRA with some of all of its assets invested in IRA approved forms of Platinum bullion. A Platinum IRA is generally set up through a self-directed IRA custodian.