A gold IRA is a type of self-directed individual retirement account that holds physical gold and certain other IRS-approved precious metals instead of traditional investments like stocks or bonds. The metal must meet strict purity standards and be stored by an approved custodian at an IRS-approved depository rather than held directly by the account owner.
verifiedCite
While every effort has been made to follow citation style rules, there may be some discrepancies.
Please refer to the appropriate style manual or other sources if you have any questions.
Select Citation Style