Common use of Collectibles Clause in Contracts

Collectibles. You may not invest the assets of your IRA in collectibles (within the meaning of IRC Sec. 408(m)). A collectible is defined as any work of art, rug or antique, metal or gem, stamp or coin, alcoholic beverage, or other tangible personal property specified by the Internal Revenue Service (IRS). However, specially minted United States gold and silver coins and certain state-issued coins are permissible investments. Platinum coins and certain gold, silver, platinum, or palladium bullion (as described in IRC Sec. 408(m)(3)) are also permitted as IRA investments.

Appears in 56 contracts

Samples: secure.alpsinc.com, Ira Prototype Plan Agreement, Ira Prototype Plan Agreement

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Collectibles. You may not invest the assets of your IRA in collectibles (within the meaning of IRC Sec. 408(m)). A collectible is defined as any work of art, rug or antique, metal or gem, stamp or coin, alcoholic beverage, or other tangible personal property specified by the Internal Revenue Service (IRS). However, specially minted United States gold and silver coins coins, and certain state-issued coins are permissible investments. Platinum coins and certain gold, silver, platinum, or palladium bullion (as described in IRC Sec. 408(m)(3)) are also permitted as IRA investments.

Appears in 30 contracts

Samples: Individual Retirement Custodial Account Agreement, Combined Individual And, Ach Agreement

Collectibles. You may not invest the assets of your SIMPLE IRA in collectibles (within the meaning of IRC Sec. 408(m)). A collectible is defined as any work of art, rug or antique, metal or gem, stamp or coin, alcoholic beverage, or other tangible personal property specified by the Internal Revenue Service (IRS). However, specially minted United States gold and silver coins coins, and certain state-issued coins are permissible investments. Platinum coins and certain gold, silver, platinum, platinum or palladium bullion (as described in IRC Sec. 408(m)(3)) also are also permitted as SIMPLE IRA investments.

Appears in 11 contracts

Samples: Simple Individual Retirement Custodial Account Agreement, Simple Individual Retirement Custodial Account Agreement, Simple Ira Plan

Collectibles. You may not invest the assets of your inherited IRA in collectibles (within the meaning of IRC Sec. 408(m)). A collectible is defined as any work of art, rug or antique, metal or gem, stamp or coin, alcoholic beverage, or other tangible personal property specified by the Internal Revenue Service (IRS). However, specially minted United States gold and silver coins coins, and certain state-issued coins are permissible investments. Platinum coins and certain gold, silver, platinum, or palladium bullion (as described in IRC Sec. 408(m)(3)) are also permitted as inherited IRA investments.

Appears in 7 contracts

Samples: Individual Retirement Custodial Account Agreement, Individual Retirement Trust Account Agreement, Individual Retirement Custodial Account Agreement

Collectibles. You may not invest the assets of your SIMPLE IRA in collectibles (within the meaning of IRC Sec. 408(m)). A collectible is defined as any work of art, rug or antique, metal or gem, stamp or coin, alcoholic beverage, or other tangible personal property specified by the Internal Revenue Service (IRS). However, specially minted United States gold and silver coins coins, and certain state-issued state‐issued coins are permissible investments. Platinum coins and certain gold, silver, platinum, platinum or palladium bullion (as described in IRC Sec. 408(m)(3)) also are also permitted as SIMPLE IRA investments.

Appears in 7 contracts

Samples: Custodial Account Adoption Agreement, Simple Individual Retirement Custodial Account Agreement, Simple Individual Retirement Custodial Account Agreement

Collectibles. You may not invest the assets of your IRA in collectibles (within the meaning of IRC Sec. Code Section 408(m)). A collectible is defined as any work of art, rug or antique, metal or gem, stamp or coin, alcoholic beverage, or other tangible personal property specified by the Internal Revenue Service (IRS). However, specially minted United States gold and silver coins and certain state-state- issued coins are permissible investments. Platinum coins and certain gold, silver, platinum, or palladium bullion (as described in IRC Sec. Code Section 408(m)(3)) are also permitted as IRA investments.

Appears in 4 contracts

Samples: Combined Listed, cdn.cocodoc.com, www.firsttrustretirement.com

Collectibles. You may not invest the assets of your inherited IRA in collectibles (within the meaning of IRC Sec. 408(m)). A collectible is defined as any work of art, rug rug, or antique, metal or gem, stamp or coin, alcoholic beverage, or other tangible personal per- xxxxx property specified by the Internal Revenue Service (IRS). However, specially minted United States gold and silver coins and certain state-issued coins are permissible investments. Platinum coins and certain gold, silver, platinum, or palladium bullion (as described in IRC Sec. 408(m)(3)) are also permitted as inherited IRA investments.

Appears in 4 contracts

Samples: Stifel Account, Stifel Account, Stifel Account

Collectibles. You may not invest the assets of your SIMPLE IRA in collectibles (within the meaning of IRC Sec. 408(m)). A collectible is defined as any work of art, rug rug, or antique, metal or gem, stamp or coin, alcoholic beverage, or other tangible personal per- xxxxx property specified by the Internal Revenue Service (IRS). However, specially minted United States gold and silver coins and certain state-issued coins are permissible investments. Platinum coins and certain gold, silver, platinum, platinum or palladium bullion (as described in IRC Sec. 408(m)(3)) also are also permitted as SIMPLE IRA investments.

Appears in 4 contracts

Samples: Stifel Account, Stifel Account, Stifel Account

Collectibles. You may not invest the assets of your IRA in collectibles col- lectibles (within the meaning of IRC Sec. 408(m)). A collectible is defined as any work of art, rug rug, or antique, metal or gem, stamp or coin, alcoholic beverage, or other tangible personal property specified by the Internal Revenue Service (IRS). However, specially spe- cially minted United States gold and silver coins coins, and certain state-state- issued coins are permissible investments. Platinum coins and certain gold, silver, platinum, or palladium bullion (as described in IRC Sec. 408(m)(3)) are also permitted as IRA investments.

Appears in 4 contracts

Samples: Stifel Account, Stifel Account, Stifel Account

Collectibles. You may not invest the assets of your IRA in collectibles (within the meaning of IRC Sec. 408(m)). A collectible is defined as any work of art, rug or antique, metal or gem, stamp or coin, alcoholic beverage, or other tangible personal property specified by the Internal Revenue Service (IRS). However, specially minted United States gold and silver coins coins, and certain state-issued state‐issued coins are permissible investments. Platinum coins and certain gold, silver, platinum, or palladium bullion (as described in IRC Sec. 408(m)(3)) are also permitted as IRA investments.

Appears in 3 contracts

Samples: Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement

Collectibles. You may not invest the assets of your IRA in collectibles (within the meaning of IRC Sec. Code section 408(m)). A collectible is defined as any work of art, rug or antique, metal or gem, stamp or coin, alcoholic beverage, or other tangible personal property specified by the Internal Revenue Service (IRS). However, specially minted United States gold and silver coins coins, and certain state-issued coins are permissible investments. Platinum coins and certain gold, silver, platinum, platinum or palladium bullion (as described in IRC Sec. Code section 408(m)(3)) are also permitted as IRA investments.

Appears in 2 contracts

Samples: Traditional Individual Retirement Custodial Agreement, Custodial Agreement

Collectibles. You may not invest the assets of your IRA in collectibles (within the meaning of IRC Sec. Code section 408(m)). A collectible is defined as any work of art, rug or antique, metal or gem, stamp or coin, alcoholic beverage, or other tangible personal property specified by the Internal Revenue Service (IRS). However, specially minted United States gold and silver coins coins, and certain state-issued coins are permissible investments. Platinum coins and certain gold, silver, platinum, or palladium bullion (as described in IRC Sec. Code section 408(m)(3)) are also permitted as IRA investments.

Appears in 2 contracts

Samples: www.navyfederal.org, www.navyfederal.org

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Collectibles. You may not invest the assets of your IRA in collectibles (within the meaning of IRC Sec. 408(m)). A collectible is defined as any work of art, rug or antiquean- tique, metal or gem, stamp or coin, alcoholic beverage, or other tangible personal property specified by the Internal Revenue Service (IRS). However, specially minted United States gold and silver coins coins, and certain state-issued coins are permissible investments. Platinum coins and certain gold, silver, platinum, or palladium bullion (as described in IRC Sec. 408(m)(3)) are also permitted as IRA investments.

Appears in 1 contract

Samples: Plan Agreement

Collectibles. You may not invest the assets of your SEP IRA in collectibles (within the meaning of IRC Sec. 408(m)). A collectible is defined as any work of art, rug or antique, metal or gem, stamp or coin, alcoholic beverage, or other tangible personal property specified by the Internal Revenue Service (IRS). However, specially minted United States gold and silver coins coins, and certain state-issued coins are permissible investments. Platinum coins and certain gold, silver, platinum, or palladium bullion (as described in IRC Sec. 408(m)(3)) are also permitted as SEP IRA investments.

Appears in 1 contract

Samples: www.horizontrust.com

Collectibles. You may not invest the assets of your IRA in collectibles (within the meaning of IRC Sec. 408(m)). A collectible is defined as any work of art, rug or antique, metal or gem, stamp or coin, alcoholic beverage, or other tangible personal property specified by the Internal Revenue Service (IRS). However, specially minted United States gold and silver coins coins, and certain state-issued coins are permissible investments. Platinum coins and certain gold, silver, platinum, or palladium bullion (as described in IRC Sec. 408(m)(3)) are also permitted as IRA investmentsIRAinvestments.

Appears in 1 contract

Samples: Ach Agreement

Collectibles. You may not invest the assets of your SIMPLE IRA in collectibles (within the meaning of IRC Sec. 408(m)). A collectible is defined as any work of art, rug or antique, metal or gem, stamp or coin, alcoholic beverage, or other tangible personal property specified by the Internal Revenue Service (IRS). However, specially minted United States gold and silver coins coins, and certain state-issued state‑issued coins are permissible investments. Platinum coins and certain gold, silver, platinum, platinum or palladium bullion (as described in IRC Sec. 408(m)(3)) also are also permitted as SIMPLE IRA investments.

Appears in 1 contract

Samples: cdn-get.whotrades.com

Collectibles. You may not invest the assets of your inherited IRA in collectibles (within the meaning of IRC Sec. 408(m)). A collectible is defined as any work of art, rug rug, or antique, metal or gem, stamp or coin, alcoholic beverage, or other tangible personal per- xxxxx property specified by the Internal Revenue Service (IRS). However, specially minted United States gold and silver coins and certain state-issued coins are permissible investments. Platinum coins and certain gold, silver, platinum, or palladium bullion (as described in IRC Sec. 408(m)(3)) are also permitted as IRA investments.palladium

Appears in 1 contract

Samples: www.stifel.com

Collectibles. You may not invest the assets of your SIMPLE IRA in collectibles (within the meaning of IRC Sec. 408(m)). A collectible is defined as any work of art, rug or antique, metal or gem, stamp or coin, alcoholic beverage, or other tangible personal property specified by the Internal Revenue Service (IRS). However, specially minted United States gold and silver coins coins, and certain state-issued coins are permissible investments. Platinum coins and certain gold, silver, platinum, platinum or palladium bullion (as described in IRC Sec. 408(m)(3408(m) (3)) also are also permitted as SIMPLE IRA investments.

Appears in 1 contract

Samples: Directed Account Agreement

Collectibles. You may not invest the assets of your IRA in collectibles (within the meaning of IRC Sec. Code section 408(m)). A collectible is defined as any work of art, rug or antique, metal or gem, stamp or coin, alcoholic beverage, or other tangible personal property specified by the Internal Revenue Service (IRS). However, specially minted United States gold and silver coins coins, and certain state-state- issued coins are permissible investments. Platinum coins and certain gold, silver, platinum, platinum or palladium bullion (as described in IRC Sec. Code section 408(m)(3)) are also permitted as IRA investments.

Appears in 1 contract

Samples: www.atlwealth.com

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