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Can a Gold IRA Counter Sticky Inflation for Retirement?
In today's session, it is been discussed regarding the Gold IRA relation as the vice-versa relevant to the sticky inflation for retirement. Please do not forget to like, follow and subscribe this channel.
If you have a traditional gold IRA, you generally need to make withdrawals or required minimum distributions (RMDs) by a certain age, depending on your birthday. Here’s how it breaks down based on birthdays.
On or before 6/30/1949: Age 70 1/2
7/1/1949 through 12/31/1950: Age 72
1/1/1951 through 12/31/1959: Age 73
On or after 1/1/1960: Age 75
The amount is based on factors like your life expectancy. You can calculate these using IRS RMD tables.
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