SIE Exam Practice Question 813

Question: 813

Which of the following are prohibited investments in an IRA?

(1) U.S. minted gold coins

(2) Antiques

(3) U.S. stamps

(4) Art work

Correct Answer: C

Explanation:

Collectibles that are prohibited investments in IRAs include antiques, stamps, art work, rugs, metals, gems, stamps, and coins. There is an exception for U.S. minted gold coins.

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