Prohibited Transaction Exemption 91-55

This document is about a final class exemption granted by the U.S. Department of Labor and Internal Revenue Service that permits purchases and sales of American Eagle bullion coins by individual retirement accounts (IRAs) from authorized purchasers, as well as the extension of interest-free credit in connection with such transactions. The exemption provides safeguards and conditions to protect the interests of IRA participants and beneficiaries, and applies to persons with an interest in the investments of IRAs, including IRA depositors and their beneficiaries, as well as persons who provide custodial services to IRAs.