When we travel to precious metals conferences thoughout the year, we see the usual suspects from an IRA-eligibility standpoint (American Eagle coins, bullion bars, etc.) but we also sometimes catch a glimpse of some intriguing one-of-a-kind items. There appears to be a niche market for custom-printed rounds that feature company logos, unique images, festive “happy birthday” messages, or whatever else one’s heart desires. We have also learned of a common misconception about such items; many people believe that custom coins—or perhaps anything not produced by the United States government—cannot be held by a self-directed IRA. This is certainly not the case, as anything meeting the respective purity requirements for gold, silver, platinum, and palladium are fair game. You may therefore commemorate your chosen milestone by incorporating precious metals with your design into a self-directed retirement plan without fear of repercussions from the IRS.
In addition to any rounds or bars with your particular flair, items minted elsewhere in the world like Canadian Maple Leaf or Australian Kangaroo coins are also permitted in retirement plans. The purity minimums for allowable IRA metals are as follows:
As long as your custom precious metals satisfy these requirements, your IRA can essentially hold any items you desire. Also remember that you may withdraw your assets in kind if you would rather not sell the items prior to distribution. By distributing the physical assets instead of liquidating them, you can enjoy the tax benefits of your plan now and retain your custom creations later. For more information about precious metals, other alternative IRA investments, or to address any questions or concerns related to self-directed investing, please don’t hesitate to contact our Precious Metals Asset Team at 877-742-1270 (Ext. 185) or firstname.lastname@example.org.