Virtualmin

What a Gold IRA Is and Why It Can Strengthen a Long-Term Portfolio A Gold IRA is a type of self-directed individual retirement account that allows you to hold physical precious metals—such as gold, silver, platinum, and palladium—instead of traditional paper assets. Unlike numismatic collectibles, which are not permitted, the metals inside a Gold IRA must be IRS-approved bullion bars or coins that meet specific fineness standards. The account is administered by a qualified custodian, and the metal is stored in an approved depository; you cannot keep the gold at home. By using the tax-advantaged framework of an IRA, investors can gain exposure to tangible assets while maintaining the familiar rules governing contributions, rollovers, and required distributions. Many savers c...