Precious Metals in Your IRA

Precious Metals
  • uDirect offers the ability to purchase and store precious metals in your retirement account.
  • Allows the purchase of precious metals in IRA, Roth IRA, SEP, SIMPLE, HSA, ESA, and 401(k) accounts.
  • Unlike other companies, our process is simple, yet flexible in that we allow you to choose the precious metals dealer of your choice.
  • When you purchase metals, you are acquiring your own metals – NOT an interest in an investment pool of metals with other investors. We will take physical delivery of metals for your account.

What Types of Metals Are Allowed?

  • Only gold coins that are legal tender with 0.9999% fineness are allowed in an IRA, with the exception of the American Gold Eagle, which has a fineness of 0.9167% fineness.
  • Other gold coins allowed to be put into an IRA include:
    • American Buffalo
    • Canadian Gold Maple Leaf
    • Australian Gold Nugget
    • Platinum Maple Leafs & non-proof coins are acceptable
    • The popular South African Krugerrand is not permitted to be included in an American IRA because it’s fineness is only 0.9167%.
  • The regulations that govern gold contributions to IRAs call for a minimum purity of only 0.995%, most gold bullion bars are 0.9999% pure.

Examples of Metals That Can Be Held

  • Gold
    • American Eagle coins
    • Australian Kangaroo/Nugget coins
    • Austrian Philharmonic coins
    • Canadian Maple Leaf coins
    • Credit Suisse – Pamp Suisse Bars .999
    • U.S. Buffalo Gold Uncirculated coins (no Proofs)
    • Bars and rounds manufactured by a NYMEX or COMEX approved refiner/assayer or national government mint and meeting minimum fineness requirements
  • Silver
    • American Eagle coins
    • Australian Kookaburra coins
    • Canadian Maple Leaf coins
    • Mexican Libertad coins
    • Bars and rounds manufactured by a NYMEX or COMEX approved refiner/assayer or national government mint and meeting minimum fineness requirements
  • All metals are currently stored at a metals storage depot.
  • All metals are insured against theft, errors, and natural disasters.
  • Metals are stored in a segregated vault and not commingled with other clients.

How Does it Work?

  • Open an account with uDirect IRA Services
  • Fund your account
  • Complete a “Direction Letter” directing us to purchase precious metals
  • We have the metals purchased for your IRA
  • Precious metals are stored by the custodian
  • Fees – Set-up Fee $50, Annual Fee $275, See our Fee Schedule for Storage Fees