Can I put silver in my IRA?

Yes, you can put physical silver in a self-directed IRA (SDIRA). The IRS permits certain types of silver bullion and coins to be held in an IRA, provided they meet specific purity standards and are stored in an approved depository.

What silver coins are IRA-approved?

Several government-minted silver coins are IRA-approved, including the American Silver Eagle, Canadian Silver Maple Leaf, Austrian Silver Philharmonic, Australian Silver Kookaburra, and Mexican Silver Libertad. All must be .999 fine silver.

Is silver a good IRA investment?

Silver can be a good IRA investment for diversification, offering a hedge against inflation and economic uncertainty. Its strong industrial demand, particularly from green energy and technology sectors, provides unique growth potential. However, silver is more volatile than gold, and its suitability depends on individual financial goals and risk tolerance.

How much silver can I put in my IRA?

The amount of silver you can put in your IRA is limited by the IRS annual contribution limits for IRAs, which are $7,000 for 2026 ($8,000 if aged 50 or older). If you are funding your Silver IRA through a rollover from an existing retirement account, there is generally no limit on the amount you can transfer.

What is the minimum purity for silver in an IRA?

The IRS requires silver held in an IRA to have a minimum fineness of .999 (99.9%) pure. This applies to both silver coins and bars to ensure they are investment-grade bullion.

Can I store my Silver IRA at home?

No, the IRS strictly prohibits storing your Silver IRA metals at home. All physical precious metals held in an IRA must be stored in an approved, independent, third-party depository to maintain the tax-advantaged status of your account.

How does a Silver IRA differ from a Gold IRA?

A Silver IRA holds physical silver, while a Gold IRA holds physical gold. Key differences include silver's higher volatility, lower price per ounce, greater industrial demand, and larger physical volume per dollar invested, which can impact storage considerations. Both can be held within the same Precious Metals IRA.

Silver IRA Guide: Invest in Silver for Retirement | One…