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What is a Gold IRA? A Gold IRA is a type of self-directed IRA that lets you invest in physical gold and other precious metals. Similar to other IRAs, you can enjoy certain tax advantages. However, there are rules you need to follow. You can only buy IRA-eligible gold (gold coins and bars with a purity of 99.5%).. You also cannot store your IRA precious metals at home, or you risk paying penalties.
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