How Do You Create A Silver IRA For Coins And Bullion Investment?
Investments in Individual Retirement Accounts or IRAs are not limited to paper assets such as stock, bonds and mutual funds. The US laws allow for IRA investments in physical precious metals such as silver, platinum and gold. There are specific metal composition requirements to qualify as IRA eligible assets. There is also a maximum annual investment in an IRA set by Internal Revenue Rules. Use these ideas to help you create a silver IRA for coins and bullions. Identify the silver coins and bullion allowed to be invested in IRAs. These assets may be newly purchased or existing assets that will be transferred via rollovers from another eligible investment account. Silver coins and bullion are permitted assets. The IRA rules require the silver assets must be at least 99.9% pure silver for inclusion. Therefore silver coins and bullion must be 99.9% pure silver to be eligible for IRA investments. Plan to open an account with an IRA custodian for the silver coins and bullion. The silver ass