Does Your Retirement Account Qualify for Gold or Precious Metals?
Well, we’ve got you covered.
Determining how to invest your retirement in gold can be a difficult navigation, but we have your answers. There are so many different types of retirement accounts. How do you know how whether the account(s) you have now, will accept gold and/or precious metals?
Below, is a high level retirement account type chart that allows you to select the account(s) you have now, and then find out key criteria, including 2017 contribution limit, allow gold stocks, allow gold ETF’s, and gold bullion. Ultimately, it readily determines whether it accepts gold or precious metals. For more information on either any of
In addition, each of the retirement account types below, have their own exclusive page where we go into even greater depth than the chart provides:
|Plan Type||Sponsorship||2018 Contribution Limit||Roth Option||Allow Gold Stocks?||Allow Gold ETFs?||Allow Gold Bullion|
|401(k)||Private Employer||$18,000 / $24,000||Yes Roth||Maybe||Maybe||No|
|Solo 401(k)||Self-employed||$18,000 / $24,000||Yes Roth||Yes||Yes||Yes|
|Keogh Plan||Self-employed or Unincorporated Employer||$53,000||No Roth||Maybe||Maybe||No|
|403(b)||Government or Non-profit Employer||$18,000 / $24,000||Yes Roth||Maybe||Maybe||No|
|457(b)||Government or Tax-exempt Employer||$18,000 / $24,000||Yes Roth||Maybe||Maybe||No|
|SIMPLE IRA||Private Employer||$12,500 / $15,500||Yes Roth||Yes||Yes||Maybe|
|SEP IRA||Business Owners & Self-employed||$53,000||Yes Roth||Yes||Yes||Maybe|
|Profit Sharing Plan||Private Employer||$53,000||No Roth||Maybe||No||No|
|Money Purchase Plan||Private Employer||$53,000||No Roth||Maybe||Maybe||No|
|ESOP||Private Employer||Varies||Yes Roth||Maybe||No||No|
|SARSEP||Private Employer||$18,000 / $24,000||No Roth||Yes||Yes||Maybe|
|Traditional IRA||Individual||$5,500 / $6,500||Yes Roth||Yes||Yes||No|
|Precious Metals IRA||Individual||$5,500 / $6,500||Yes Roth||Yes||Yes||Yes|
|Thrift Savings Plan (TSP)||Government or Military||$18,000 / $24,000||Yes Roth||No||No||No|