SIE Exam Question 735: Answer and Explanation

Question: 735

Which of the following are permitted investments in an IRA?

• A. A mutual fund that invests exclusively in a silver mining stock.
• B. Gold coins minted in the U.S.
• C. A real estate investment trust.
• D. All of the above are correct.

Correct Answer: D

Explanation:

All of the items listed are permitted investments in an IRA. These include a mutual fund that invests exclusively in a silver mining stock, gold coins minted in the U.S., and a real estate investment trust (REIT).