You must begin taking required minimum distributions (RMDs) from your IRA starting for the year in which you turn 70 ½. We are pleased to make available this Required Minimum Distribution Estimator for your personal use.
When you take a distribution from a precious metals IRA, you have the option of either selling the required amount of physical gold or silver in your IRA and receiving a check, or taking an in-kind distribution of the metal(s). In each case, you will receive a Form 1099 from your IRA custodian showing the amount of the distribution. Note that if you receive an in-kind distribution of metal(s) and that distribution results in a tax liability, you may still need cash to pay the tax obligation. You should always consult your tax advisor before arranging for a distribution in any form from your IRA.
You must enter your IRA balance.
Your minimum required distribution is:
These calculations are estimates only, and use of this calculator is not intended as a substitute for specific individualized tax, legal, or investment planning advice. Augusta is not responsible for the accuracy or completeness of the information, and we recommend you consult with a qualified tax or financial advisor regarding your individual financial issues.
Augusta cannot guarantee, and makes no representation, that any metals purchased by a customer will appreciate at all or appreciate sufficiently to make a profit, and there is no certainty that any metals can be sold for a profit. The future value of the coins you purchase cannot be predicted. You could lose money. Don't purchase Augusta products with money you can't afford to lose. Prices may rise and fall over time or rapidly. Past performance of any coin does not guarantee future results. Premium coins are sold for more than the spot price of the precious metal they contain. Augusta's sale prices and buy-back prices are determined and controlled by Augusta. The value assigned to the coins you purchase at any given time may vary from retailer to retailer and Augusta cannot guarantee another retailer will value the coins at the same rate as Augusta would in any given circumstance. Augusta cannot guarantee buy-back of any item it sells and cannot guarantee another retailer will purchase coins purchased through Augusta. Augusta cannot guarantee another retailer will value a premium coin at the same rate as Augusta would in any given circumstance. This purchase is speculative and unregulated.