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6 surprising IRA investment options

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That's so precious
That's so precious | Bloomberg/Getty Images

That's so precious

The IRS since 1997 has allowed investors to use IRA funds to buy precious metals bullion, such as silver or gold bars. Like coins, your bullion must be stored for you, for a fee. Your custodian is expected to arrange that.

The following metals can be purchased with an IRA, subject to standards of purity: gold, silver, palladium and platinum.

Once you reach age 70 1/2, you'll be required to start taking required minimum distributions from a traditional IRA. The distribution is a percentage of your IRA's value. If you're holding bullion, you'll have to get it valued every year to compute your minimum distribution.

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