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Distribution

Gold IRA Glossary

Money or assets withdrawn from a retirement account. Distributions from a traditional IRA are generally taxed as ordinary income, and taking one before age 59 1/2 usually adds a 10% early withdrawal penalty. From a Gold IRA, you can take a distribution in cash after the metals are sold, or receive the metals themselves as an in-kind distribution.

This content is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. GoldIRAFinder.com is not a precious metals dealer, IRA custodian, broker-dealer, or investment adviser. Precious metals prices fluctuate and can lose value, and past performance does not guarantee future results. Before making any investment or retirement decision, consult a qualified financial, tax, or legal professional.