Ubiquity Retirement + Savings Logo

Investing in Gold and Other Precious Metals With Solo 401(k)s

A solo 401(k) is a powerful retirement savings vehicle for self-employed business owners.
Ubiquity's Single(k)® plan allows you to invest in a wide range of options through a self-directed brokerage account.

  • Invest in gold, real estate, and cryptocurrency alongside stocks, bonds and ETFs.
  • Reduce your taxable income with Traditional or Roth options
  • Get access to funds through a loan option
Ready to get started?

Customize a simple, affordable retirement solution for your small business in just a few clicks.

Solo 401(k) plans allow investors to put money into gold and other precious metals to generate higher returns for the portfolio. A unique benefit of precious metals compared to investments like stocks or bonds is that you directly own a highly portable, permanent, tangible asset–not just a paper claim. On the downside, you have the cumbersome task of storing and protecting your physical assets.

Benefits of Investing in Precious Metals Like Gold

Physical metals are:

  • Tangible, maintenance-free investments you proudly own
  • Outperforming stocks and bonds over the last two decades
  • Doing well in uncertain markets when other asset classes do not
  • Portable, but immune to theft or ransom by hackers
  • A private way of accumulating and storing wealth
  • Preceded by a 3,000+ year history of retaining value
  • Available without specialized knowledge or training required for purchase
  • Able to retain value over time, making them the perfect asset to pass on to heirs

Drawbacks of Precious Metal Investments

There is no single “perfect” investment. Potential downsides of precious metal investment include:

  • Coins contain intricate designs that are more expensive to make than bars.
  • You have to store your coins somewhere – meaning costs for space and security.
  • Physical metal is not immediate liquid unless you have an online storage account.
  • You could end up paying a capital gains tax up to 28% if you hold metal for more than a year.
  • Holding onto gold, silver, and other metals does not pay dividends or interest.

Types of Precious Metals You Can Invest in With a Solo 401(k)

According to IRC 408 (m), a Solo 401(k) plan owner may invest in:

  • Gold

    The value of gold used in jewelry, dentistry, electronics, and currency is determined 24 hours a day, 7 days a week, and changes based on hoarding. People tend to buy up gold during times of economic uncertainty, inflation, war, or political crisis.

  • Silver

    The value of silver fluctuates in a more volatile way than gold, determined by industrial supply and demand. Innovations, emerging markets, production, and new applications can drive up the value.

  • Platinum

    The value of platinum is driven by demand in the automotive sector, jewelry, chemical refining, and computing. Cartel activity in the platinum mines of South Africa and Russia can artificially drive up prices, making platinum the most volatile of the precious metals.

  • Palladium

    The value of palladium depends upon its use in electronic and industrial product manufacturing. Mines are located in the US, Russia, South Africa, and Canada.

Alternate Ways to Invest in Precious Metals

In addition to buying up the physical metals, you can also invest in:

  • Commodity ETFs
  • Common stocks and mutual funds
  • Futures and options
  • Bullion
  • Certificates

Requirements for Precious Metal Investments and Disallowed Currency

The precious metal you invest in must have a fineness equal or exceeding at least 995 parts per 1,000. Most gold coins meet this standard, but several types of coins are disallowed, including:


  • Rare or Collectible Coins
  • British Britannia
  • Austrian 100, 20, and 10 Corona
  • Dutch 10 Guilder
  • Italian 20 Lira
  • Belgian 20 Franc
  • Swiss 20 Franc
  • Hungarian 100 Korona
  • Columbian 5 Peso British Sovereign
  • Chilean 100 Peso
  • Mexican 50, 20, 10, 5, 2 1/2 and 2 Peso
  • South African Krugerrand

These coins are considered “collectibles” and are therefore not able to be held in a 401(k) or IRA.

Storing Your Precious Metal Investments

Precious metal bars must be stored in a bank, credit union, or depository-taking institution. Coins can be stored at home in a personal vault, in a bank safety deposit box, or at a third-party storage firm like Brinks. Your choice will depend upon how much security you need and how much access you want to have.

Want to Start Precious Metal Investing for Retirement?

Ubiquity is a top Solo 401(k) plan provider for entrepreneurs and the self-employed. Contact us to inquire about starting a Solo 401(k), which allows investment in gold and other precious metals. We never charge AUM fees, instead relying on the industry’s most affordable monthly flat-fee model.

Ready to start improving your financial wellness?
Get Started

© 2023 Ubiquity Retirement + Savings
Privacy Policy
Do not sell my info
44 Montgomery Street, Suite 3060
San Francisco, CA 94104
Support: 855.401.4357

Facebook Twitter LinkedIn YouTube

© 2023 Ubiquity Retirement + Savings
Privacy Policy
Do not sell my info
44 Montgomery Street, Suite 3060
San Francisco, CA 94104
Support: 855.401.4357

Credit Card Logos
Show Exit Modal