Palladium Coins IRA


About IRA-Eligible Palladium

The IRS allows investors to buy various types of coins for storage in an individual retirement account (IRA) because precious metal coins are physically durable investments. They also benefit from a strong market. 

The Taxpayer Relief Act of 1997 expanded the types of coins available for investors to include within an IRA. Gold coins, for example, must be at least 99.5% pure gold and a form of legal tender. The same is true for palladium, which must be 99.95% pure.  

If you want to buy palladium for your investment portfolio, it must be manufactured and guaranteed by governments, including the United States government. This provides guarantees for both the quantity and quality of the coins’ metal contents. 

IRA-Approved Palladium Coins

Unlike gold and silver, the number of palladium coins available for purchase is significantly smaller.  

Remember: Purchasing palladium coins for your IRA requires you to find an appropriate custodian to manage those assets. If you take direct delivery or possession of those coins, it counts as a distribution/withdrawal from the IRA. 

Canadian Palladium Maple Leaf Coins

First minted in 2015, the Canadian Palladium Maple Leaf Coin from the Royal Canadian Mint is an inexpensive option for numismatic collectors. This $50 Bullion palladium coin features a stunning rendition of a maple leaf on one side and an engraved effigy of Queen Elizabeth II on the other. 

Add Palladium to your Precious Metals IRA

If you’re new to investing in precious metals like palladium with a gold IRA, learn how to roll over your existing 401(k), IRA, or another retirement account into a secure gold IRA account. You can protect your wealth and hedge against inflation by owning precious metals in your retirement account. To get started, download our guide today.