You pay tax on IRA withdrawals unless you put it into another IRA. The assets in that other IRA could potentially be gold.
Assets held in an IRA are tax-deferred, not tax exempt. Eventually you (or your heirs ) are going to pay tax on those assets.
That's really the point of RMDs.
From: TSPStrategy@groups.io <TSPStrategy@groups.io> On Behalf Of Eric
Sent: Friday, July 23, 2021 2:17 PM
To: TSPStrategy@groups.io
Subject: Re: [TSPStrategy] 20% tax on withdrawals
What about a situation where you take all the money out to invest it in something else like gold? Are you penalized in that situation?
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