Precious Metals

Can I store the precious metals or coins owned by my Self-Directed 401(k) or Self-Directed IRA in a safe in my home or business?

We recommend storing precious metals and coins in a safe deposit box at a financial institution or IRS approved custodian or non-bank trustee.

For both a Self-Directed 401(k) or a Self-Directed IRA with an LLC, we recommend storing precious metals and coins in a safe deposit box at a financial institution such as a bank, credit union, trust company, or IRS approved non-bank trustee or custodian.

Also note that the safe deposit box or storage service should be opened in the name of and paid for by the Self-Directed 401(k) trust. If using a Self-Directed IRA with an LLC, the safe deposit box or storage service should be titled and paid for out of the IRA's LLC.