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Considered one of the main tax benefits of executing a 401k to gold IRA rollover is the tax deferral until funds are withdrawn in retirement. What are the principles for withdrawing from a gold IRA? added good thing about a precious metals IRA is you could take in-type distribution. Withdrawing funds from a conventional IRA earlier than you flip age fifty nine 1/2 means you pay a 10% withdrawal penalty, in addition to taxes on the amount withdrawn. Keep in mind that in an IRA, you should begin taking required minimal distributions at age 72. If gold is do