Learning Center

Withdrawal Rules for Precious Metals IRAs

What Is a Gold IRA?

What Is a Self-Directed IRA?

How Does a Gold IRA Work?

Why Invest in a Gold IRA?

Precious Metals & Coin Types

IRA Withdrawal Rules

Retirement Planning

Types of Retirement Accounts

Types of Precious Metal Coins for Your Portfolio

Like any traditional IRA, a Self-Directed IRA holding Gold or other precious metals is subject to standard IRS withdrawal rules.

Early Withdrawals (Before Age 59½)

  • Withdrawing early results in a 10% IRS penalty
  • You’ll also owe income tax on the amount withdrawn
  • This applies regardless of whether your IRA holds stocks or physical assets

Retirement accounts are designed for long-term growth, so early withdrawals should only be considered in rare or urgent cases.

Required Minimum Distributions (RMDs)

You must begin taking RMDs from your IRA by April 1 of the year after you turn:

  • 73, if you reach that age after Jan. 1, 2023
  • 72, if you reached that age between 2020–2022
  • 70½, if you turned that age before 2020

After this initial deadline, RMDs must be taken annually by December 31.

Failing to take your RMD can result in hefty IRS penalties. IRA custodians will help you calculate the correct amount each year. As of 2023, Roth IRAs are exempt from RMDs during your lifetime, and starting in 2024, designated Roth accounts will no longer require them at all.

Gold IRA Distribution Options

Precious metals IRAs offer unique flexibility compared to standard IRAs. When it's time to take a distribution, you can choose one of two options:

  • 1. In-Kind Distribution

    • Receive your physical gold, silver, or other metals directly
    • Secure delivery to your chosen location
    • Maintain ownership outside of your IRA

  • 2. Cash (Liquid) Distribution

    • Your metals are sold at current market prices
    • You receive payment via check, wire, or ACH transfer
    • American Alternative Assets ensures a fast, high-value transaction

We make either method straightforward, secure, and tailored to your needs.

Selling Your Precious Metals

Whether you hold your assets inside an IRA or outside it, our team helps you liquidate them with ease—and at top market value.

Our Process

  • 1. Call for live pricing

    • Available Monday through Friday, 7 a.m. to 5 p.m. PST
    • Share your item details: metal type, denomination, quantity

  • 2. Send us your metals

    • If stored in an IRA, we coordinate with the custodian
    • If you have them physically, we’ll provide secure shipping guidance

  • 3. Get paid fast

    • Receive funds via check, ACH, or wire
    • Payments are typically issued within 1–3 business days after inspection and approval

We often pay above spot depending on the item and market conditions—unlike many dealers who buy below spot.

Ready to Withdraw or Sell?

Whether you’re nearing retirement or simply looking to reposition your assets, we make it easy to manage your precious metals. Speak with an American Alternative Assets specialist today for personalized guidance.