Most investors are familiar with precious metals, such as gold, silver, palladium, platinum, etc. However, many don’t realize that while you can gain exposure to precious metals through stocks, exchange-traded funds, mutual funds, futures and options markets, it is also possible to hold certain physical precious metals, like bullion bars, within an IRA.

Investors may also look toward precious metals as a hedge against inflation or as stability during challenging economic climates. Although the Internal Revenue Code states collectibles cannot be held in IRAs, certain precious metals that meet the requirements specified in Section 408 of the Code may be held in individual retirement accounts.

For more information on Precious Metals IRAs, contact Millennium's Custody Services Department at 866.388.9419

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