- Fidelity Investments is a major financial services company offering an array of investing services, including retirement accounts, mutual funds, and brokerage accounts to individuals, businesses, and nonprofit organizations.
- With more than $7.3 trillion in assets under management (AUM), Fidelity Investments has 20.7 million customer accounts.
- One of the company’s most popular investment options is the precious metals IRA.
- With Fidelity’s precious metal IRA, investors can invest in physical gold, silver, platinum, and palladium.
Fidelity Investments is a major financial services company offering an array of investing services, including retirement accounts, mutual funds, and brokerage accounts to individuals, businesses, and nonprofit organizations. With more than $7.3 trillion in assets under management (AUM), Fidelity Investments has 20.7 million customer accounts.
One of the company’s most popular investment options is the precious metals IRA. With Fidelity’s precious metal IRA, investors can invest in physical gold, silver, platinum, and palladium.
We’ve dedicated hundreds of hours to researching the top precious metals investment companies, perfect for anyone looking to invest.
What Is a Fidelity Precious Metals IRA?
A precious metals IRA is a retirement account that offers investors the ability to diversify their portfolios with physical precious metals. Before you open a precious metals IRA, you should understand all of the benefits, fees, limitations, and other details.
Fidelity offers three different IRAs for investors to choose from, each with different investment options:
IRA Rollover: A rollover IRA is an account that is transferred from another tax-advantaged retirement account.
Individual Retirement Account (IRA): An IRA is an account that is opened and maintained at an investment company.
Self-Directed IRA: A self-directed IRA is an account that is opened and maintained at an investment company.
Opening an IRA Account with Fidelity
Fidelity offers a variety of precious metal IRA options. Fidelity customers may invest in gold and silver through their IRA accounts.
Gold IRA: Fidelity customers can invest in gold bullion, gold certificates, and coins.
Silver IRA: Silver bullion, silver certificates, and coins are available as options for silver IRAs.
Platinum IRA: Fidelity offers platinum bullion, platinum certificates, and platinum coins for platinum IRAs.
Palladium IRA: Palladium bullion, palladium certificates, and palladium coins are available for palladium IRAs.
Precious Metals IRAs
Fidelity offers four precious metals IRA options, including the following:
Gold Eagles: A gold bullion coin from the United States Mint.
Gold Maple Leafs: A gold bullion coin from Canada.
Silver Maple Leafs: A silver bullion coin from Canada.
Platinum Maple Leafs: A platinum bullion coin from Canada.
Precious Metals Storage
If your precious metal collector’s item is lost or stolen, Fidelity will cover the replacement cost or reimburse you up to $500 per item.
How to Invest in Precious Metals
Fidelity offers a self-directed option that allows investors to hold precious metals in an IRA. This option allows gold, silver, platinum, palladium, and other precious metals to be held in an IRA.
Fidelity even allows you to purchase gold, silver, and other precious metals online. When you invest in precious metals through Fidelity, you own the physical asset because you buy the metal.
Precious Metals IRAs Today
Fidelity launched its first Precious Metals IRA in 2006. Since then, the company has been an industry leader in Precious Metals IRAs. Among its offerings today are 10 different Precious Metals IRAs, including:
Gold and Silver IRAs
Individual Gold IRAs
Individual Silver IRAs
Gold Savings Accounts
Silver Savings Accounts
Gold Bullion Storage Accounts
Silver Bullion Storage Accounts
Gold and Silver Accident Insurance
Precious Metals IRA Annual Fee Waiver