Investing in precious metals

Can I purchase precious metals such as silver and gold inside of my Solo 401k plan?

Answer:

Precious metals such as Gold, Silver, Platinum and Palladium can be purchased inside of a retirement account.  If you choose to do so within your Solo 401k, you can enjoy tax-deferred profits going back into your retirement account.  Keep in mind, however, that the coins cannot be “collectibles”; these are not permitted within the Solo 401k according to Internal Revenue Code Section 408.

Remember that all investments must be titled in the name of the 401k, using it’s EIN.