Can You Physically Hold Gold in an IRA?

Gold can add variety and stability to your retirement portfolio. As an asset that helps protect against inflation and currency devaluation, gold is also a reliable hedge.

But is it possible to store precious metals, like coins or bars, physically in an IRA? Yes. Before making this decision, however, there are a few points you need to keep in mind.


The IRS lays down clear rules regarding what can and cannot be invested in an IRA, with stocks, mutual funds and exchange-traded funds generally considered tax-efficient assets that you can include as investments in an IRA. Collectible investments such as artwork, rugs, antiques or metals are generally disallowed since these constitute distributions and therefore should not be added as potential assets in an IRA.

As with IRAs, only one rollover per year is allowed. Furthermore, any funds you withdraw yourself must be reinvested within 60 days or it will count as a taxable distribution.

Nearly 65 million taxpayers own individual retirement accounts (IRAs), such as traditional and Roth IRAs, Simplified Employee Pension plans (SEP IRAs) and Savings Incentive Match Plan for Employees (SIMPLE IRAs). To make sure their investments are as tax-efficient as possible, many taxpayers utilize financial advisors. Using SmartAsset’s free tool you can be connected with up to three vetted advisors serving your area who offer free introductory calls so you can select which is the right advisor for you.


Many investors look to gold IRAs as a means to diversify their retirement savings portfolio. With its many uses in medicine, technology, and space exploration demonstrating its inherent value and lasting demand. Furthermore, unlike stocks which can fluctuate over time with market turmoil precious metals provide tangible assets which offer safety.

Investing in physical precious metals requires selecting an experienced custodian with safe storage facilities and cost-effective insurance packages. Custodians must adhere to all federal regulations when administering an IRA, so be sure to research all your options thoroughly prior to making your choice.

If you can’t find a custodian who accepts physical gold, consider investing in an exchange-traded fund (ETF) which tracks the price of precious metals such as coins or bullion. ETFs offer similar tax-deferred benefits while still being manageable from a physical possession perspective; just remember to pay any applicable taxes when withdrawing funds from storage.


People may have come across advertisements for gold IRAs that allow investors to purchase precious metals using pre-tax dollars and store them safely at home. It can be an attractive solution, particularly given that many experts recommend purchasing physical assets like precious metals as a hedge against financial volatility and inflation.

However, the IRS advises against keeping precious metals owned by an IRA or LLC under its management at home; rather they suggest employing a custodian who adheres to IRS regulations in storing metals securely.

A precious metals custodian is a professional agency that specializes in safely storing and processing gold-backed retirement accounts. Their staff understand the IRS guidelines and will ensure your investment complies with these rules, guaranteeing security, inventory control, compliance with regulations and reduced theft or damage risk.


Since 2008’s financial crisis, more consumers have realized the significance of insuring their IRAs. Investments made through traditional bank products like CDs and money market accounts are covered up to certain limits by FDIC insurance; other forms of investments held with brokers, mutual fund companies or plan providers do not fall under that coverage.

IRAs aren’t just designed for individuals; they can also be held by small business owners (SEP or SIMPLE IRA) and designated beneficiaries. When one member or beneficiary owns multiple IRA accounts managed at the same bank, their interests are aggregated together and insured up to $100,000 per depositor; similarly, an IRA may remain under someone who has passed on without losing coverage limits.

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