Investing in Precious Metals IRA With Fidelity: A Complete Guide Investing in a Precious Metals Individual Retirement Account (IRA) generally is a strategic transfer for these looking to diversify their retirement portfolios. Fidelity Investments, one of many main financial companies corporations, affords a spread of funding choices, including the power to invest in treasured metals by way of an IRA. This report delves into the specifics of Precious Metals IRAs with Fidelity, including the types of metals allowed, the benefits of investing, the technique of setting up an account, and vital issues for potential investors. Understanding Precious Metals IRA A Precious Metals IRA is a kind of self-directed IRA that permits investors to hold physical precious metals similar to gold, silver, platinum, and palladium of their retirement accounts. In contrast to conventional IRAs that usually embody stocks, bonds, and mutual funds, a Precious Metals IRA provides an opportunity to put money into tangible belongings which have historically been seen as a hedge against inflation and economic downturns. Forms of Precious Metals Allowed Fidelity allows traders to incorporate certain forms of treasured metals in their IRAs. The interior Revenue Service (IRS) has specific tips concerning the sorts of metals which are eligible for inclusion in an IRA. These usually embrace: Gold: Should be 99.5% pure and can include American Gold Eagles, Canadian Gold Maple Leafs, and sure gold bars. Silver: Must be 99.9% pure and can include American Silver Eagles, Canadian Silver Maple Leafs, and particular silver bars. Platinum: Have to be 99.95% pure and may embody American Platinum Eagles and certain platinum bars. Palladium: Must be 99.95% pure and might embrace Canadian Palladium Maple Leafs and certain palladium bars.