1
Rank
Augusta Precious Metals
Best overall — education & transparency
- Transparent pricing
- Dedicated specialist
- Education-first
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Quick answer: Gold IRA rules are set federally by the IRS: metals must meet minimum fineness standards, be bought through a self-directed IRA, and be stored at an approved depository — never at home. The 2026 contribution limit is $7,500 (plus a $1,100 catch-up at 50+).
On this pageEligible metals and finenessCustodian and depository requiredThe home-storage banContributions and distributions
Because gold IRAs are governed by federal tax law (notably Internal Revenue Code section 408(m)), the rules are the same in every state. Understanding them protects you from accidentally disqualifying your account, which can trigger taxes and penalties.
Eligible metals and fineness
Gold must be at least .995 fine, silver .999, and platinum and palladium .9995. The American Gold Eagle is specifically allowed despite its 91.67% purity. Proof and bullion coins from approved mints qualify; collectibles do not.
Custodian and depository required
A self-directed IRA must be administered by an IRS-approved custodian, and the metal must be held by an approved depository in the account's name. You cannot take personal possession while the metal is in the IRA.
The home-storage ban
Schemes that promise home storage through an LLC are high-risk; the IRS treats personal possession of IRA metal as a distribution, which can mean income tax plus a 10% penalty if you are under 59 and a half.
Contributions and distributions
The 2026 limit is $7,500 for those under 50 and $8,600 with the $1,100 catch-up. Required minimum distributions begin at age 73 for Traditional accounts. Prohibited transactions — like buying metal from yourself — can disqualify the whole IRA.
2026 contribution limit (under 50)$7,500
Catch-up (50+)+$1,100
Gold fineness minimum.995
Silver fineness minimum.999
RMD age (Traditional)73
Top Gold IRA companies (2026)
Updated June 20262
Rank
Goldco
Best for 401(k) & IRA rollovers
- Rollover specialists
- Wide selection
- Buyback program
- Responsive support
3
Rank
Priority Gold
Best for low minimums
- Lower entry minimum
- Price-match offer
- Secure storage
- Simple setup
4
Rank
American Hartford Gold
Best for first-time buyers
- No-minimum option
- Family-owned
- Promotional offers
- Buyback commitment
5
Rank
Birch Gold Group
Best for metals variety
- Broad selection
- Long track record
- Fee transparency
- Strong education
Order is editorial; we may earn a commission from links above. Scores are illustrative placeholders pending your own verification.
Frequently asked questions
What are the IRS rules for a gold IRA?
Metals must meet fineness standards, be purchased through a self-directed IRA, and be stored at an approved depository. Home storage is not allowed.
What is the minimum purity for gold in an IRA?
Gold must be at least .995 fine, with the American Gold Eagle as a specific statutory exception.
When do RMDs start for a gold IRA?
Required minimum distributions begin at age 73 for Traditional gold IRAs; Roth IRAs have no lifetime RMDs.
Related guides
Authoritative resources & where to get help
Verify the rules yourself and know where to turn. Official government and regulator sources:
IRS: IRA contribution limitsIRS Pub 590-B: distributions & RMDsU.S. Code §408(m): allowed metalsCFTC: precious-metals fraudFTC: report fraudU.S. Mint
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See the full Gold IRA rules, regulators & resources hub for IRS publications, how to vet a company, and where to file a complaint.