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You’re allowed unlimited IRA to IRA transfers. However, IRS guidelines and regulations must be adopted fastidiously to avoid penalties and taxes. Failure to take RMDs may end up in penalties of 50% of the required amount. Taking Required Minimum Distributions (RMDs): You probably have a standard gold IRA, you'll have to take required minimal distributions (RMDs) when you attain age 72. Your custodian will present your RMD amount. She discovered her passion for private finance as a fully-licensed financial skilled at Fidelity Investments before she r