Collectibles. You may not invest the assets of your Xxxx XXX in collectibles, as described in section 408(m) of the Internal Revenue Code (Code). A collectible is defined as any work of art, rug or antique, metal or gem, stamp or coin, alcoholic beverage, or any other tangible personal property specified by the IRS. However, specially minted United States gold and silver bullion coins, and certain state-issued coins are permissible Xxxx XXX investments. Platinum coins and certain gold, silver, platinum, or palladium bullion, as described in section 408(m)(3) of the Code, are also permitted as Xxxx XXX investments.
Appears in 6 contracts
Samples: Roth Ira Custodial Account Agreement, Roth Ira Custodial Account Agreement, Account Application and Agreement
Collectibles. You may not invest the assets of your Xxxx XXX in collectibles, as described in section 408(m) of the Internal Revenue Code (Code). A collectible is defined as any work of art, rug or antique, metal or gem, stamp or coin, alcoholic beverage, or any other tangible personal property specified by the IRS. However, specially minted United States gold and silver bullion coins, coins and certain state-issued coins are permissible Xxxx XXX investments. Platinum coins and certain gold, silver, platinum, or palladium bullion, as described in section 408(m)(3) of the Code, are also permitted as Xxxx XXX investments.
Appears in 4 contracts
Samples: Traditional Ira Custodial Account Agreement, Traditional Ira Custodial Account Agreement, Traditional Ira Custodial Account Agreement
Collectibles. You may not invest the assets of your Xxxx SIMPLE XXX in collectibles, collectibles as described in section 408(m) of the Internal Revenue Code (Code). A collectible is defined as any work of art, rug or antique, metal or gem, stamp or coin, alcoholic beverage, or any other tangible personal property specified by the IRS. However, specially minted United States gold and silver bullion coins, coins and certain state-issued coins are permissible Xxxx SIMPLE XXX investments. Platinum coins and certain gold, silver, platinum, or palladium bullion, bullion as described in section 408(m)(3) of the Code, Code are also permitted as Xxxx SIMPLE XXX investments.
Appears in 2 contracts
Samples: Simple Ira Custodial Account Agreement, Simple Ira Custodial Account Agreement
Collectibles. You may not invest the assets of your Xxxx XXX in collectibles, as described in collectibles (within the meaning of Code section 408(m) of the Internal Revenue Code (Code)). A collectible is defined as any work of art, rug or antique, metal or gem, stamp or coin, alcoholic beverage, or any other tangible personal property specified by the Internal Revenue Service (IRS). However, specially minted United States gold and silver bullion coins, and certain state-issued coins are permissible Xxxx XXX investments. Platinum coins and certain gold, silver, platinum, platinum or palladium bullion, bullion (as described in Code section 408(m)(3)) of the Code, are also permitted as Xxxx XXX investments.
Appears in 2 contracts
Collectibles. You may not invest the assets of your Xxxx XXX in collectibles, as described in collectibles (within the meaning of Code section 408(m) of the Internal Revenue Code (Code)). A collectible is defined as any work of art, rug or antique, metal or gem, stamp or coin, alcoholic beverage, or any other tangible personal property specified by the Internal Revenue Service (IRS). However, specially minted United States gold and silver bullion coins, and certain state-issued stateissued coins are permissible Xxxx XXX investments. Platinum coins and certain gold, silver, platinum, platinum or palladium bullion, bullion (as described in Code section 408(m)(3)) of the Code, are also permitted as Xxxx XXX investments.
Appears in 1 contract
Samples: Wealthfront Roth Ira Agreement
