Blog Article Includes Tips to Avoid Precious Metals Fraud and Storage Issues to Comply with IRS Guidelines
ROSELAND, NJ, May 04, 2026 /24-7PressRelease/ — Precious metals have long been a popular investment among individuals with self-directed IRAs, which allow for a broad range of alternative assets. When purchased by a self-directed IRA (SDIRA), precious metals are in the form of bullion bars or coins of gold, sterling silver, platinum, and palladium that are produced by government mints or private companies.
Information about investing in precious metals as well as the proper storage of these assets is detailed in a recent blog article published by Next Generation Trust Company, which provides full account administration and asset custody for self-directed IRAs and other self-directed plans.
“For precious metals to be eligible for investment purposes, they must meet certain requirements as outlined in IRC 408(m)(3),” said Jaime Raskulinecz, CEO of Next Generation. “The bullion must meet a minimum fineness or they can be in certain approved coin form minted by the U.S. Treasury Department or certain foreign mints.”
The article includes a list of investment coins account owners can include in their SDIRAs, as well as some compelling statistics about why precious metals retain their popularity as an investment. For example:
• Global gold investment demand (physical bars and coins, ETFs, futures, and digital gold) has reached approximately $5.5 trillion, making gold one of the largest asset classes in the global financial system.
• In the past six months, gold prices have risen almost $657 an ounce (a nearly 17% increase) and over $1400 in the past year (over 45% from a year ago).
• Silver prices have increased more than 48% in the past six months and nearly 110% from a year ago.
Investors enjoy a favorable return on their investment when they sell the precious metals at a profit.
Avoid precious metals fraud
As with any alternative asset, it is critical that self-directed investors conduct full due diligence before making an investment; this includes researching and conducting business with legitimate precious metals brokers. The Commodity Futures Trading Commission (CFTC) notes that precious metal fraud is on the rise, especially targeting seniors and pre-retirement investors. Fraudsters sell the metals at inflated prices and charge high commissions, and they may offer investment advice which is prohibited by companies with fiduciary responsibility. They may also tell clients the metals are stored in a distant depository that doesn’t even exist.
“We’ve all seen advertisements by companies about what they call ‘gold IRAs’ and take advantage of investors who don’t thoroughly understand how to invest safely in precious metals,” noted Raskulinecz. “For instance, these companies claim you can keep the assets at home, which is not true.”
The Next Generation article explains the importance of investing within IRS guidelines to protect these tangible assets as well as the retirement plan’s tax-advantaged status. Precious metals must be purchased from legitimate brokers and must be held in specialized purpose-built, third-party depositories.
“Look for vetted brokers with a strong track record in precious metals and use a legitimate depository to store the asset,” said Raskulinecz.
Read the full article at https://shorturl.at/0MAAZ. More information about Next Generation Trust Company is at https://www.NextGenerationTrust.com.
About Next Generation
Next Generation Trust Company is a custodian of self-directed retirement plans, chartered in South Dakota. Its sister firm, Next Generation Services, provides comprehensive account administration and transaction support. The neutral third-party professionals at Next Generation expertly guide clients and their trusted advisors as part of their white glove, personalized service for a seamless transaction experience from start to finish. They also educate consumers and professionals about self-directed retirement plans and the many alternative assets these plans allow. For more information, visit www.NextGenerationTrust.com.
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