What Precious Metals Can You Invest in for Retirement?
With precious metal IRAs, like the one offered by American Funds, you can invest in physical bullion bars, rounds, coins, and even jewelry. But you can’t invest in just any gold or silver. Your precious metals must meet certain requirements set forth by the IRS.
Gold must be 99.5 percent pure, while silver must be 99.9 percent pure. Platinum must be 99.995 percent pure, and palladium must be 99.99 percent pure. This is important because it ensures that your investment is safe, secure, and worth something.
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LEARN MORE ABOUT: Precious Metals IRAs
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