Precious Metals
Throughout history, individuals have valued the possession of precious metals such as gold, silver, platinum and palladium as a currency, an adornment and more recently as a hedge against inflation. While Internal Revenue Code places certain restrictions on the types of metals that can be held in an IRA, IRA account owners are permitted to hold certain coins, bars as well as certificates of ownership in their individual retirement account.
Millennium Trust offers individual investors the opportunity to invest in certain gold, silver, platinum and palladium coins, bars and rounds that meet specifications as described in Section 408 of the Internal Revenue Code.
Due to the physical nature of coins and other bullion, Millennium Trust uses the safekeeping services of Delaware Depository licensed by the New York Mercantile Exchange and New York Commodity Exchange and approved by the Commodity Futures Trading Commission (CFTC).
Millennium Trust does not recommend any particular investment, asset category or dealer. Investors are urged to conduct their own due diligence and speak with a tax or investment advisor before investing IRA funds.