December 29, 2006, Newsletter Issue #47: Silver Eagles and Gold Eagles For Your Retirement Plan

Tip of the Week

Did you know Silver Eagles and Gold Eagles could become investments for your retirement plan? Since 1987, an investor with an interest in placing his Silver Eagles or Gold Eagles into his IRA could do so. The stipulation with this allowance is that since the 1987 tax year, people are not qualified to invest in an IRA any longer. However, there is a loophole to the dilemma according to the Shelton Taxation Professor of Texas A & M University, Larry Crumbley. Crumbley states that hard assets like rare coins as well as American Eagles do qualify for use within corporate pension plans as well as Keogh plans for the self-employed.

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