Gold IRA Tax Rules

Contributions to a self‑directed Gold IRA are generally tax‑deductible if held within a traditional IRA, while Roth contributions are made with after‑tax dollars. All metals held in your Gold IRA must remain in custody of an IRS‑approved depository—taking possession before age 59½ triggers income tax and a 10% early withdrawal penalty. Required minimum distributions (RMDs) begin at age 73 for traditional accounts. Gains on metals inside the IRA are tax‑deferred until distribution. Follow IRS rules for record‑keeping, valuations, and prohibited transactions to avoid penalties.