How do investors sell their metal when they are ready to take distribution?
Again, there is often confusion regarding selling assets and taking distributions. Assets may be sold by the IRA (through Kettle Moraine, Ltd. as your designated precious metals brokerage) at any time, regardless of whether a distribution is planned. Likewise, a distribution may be taken regardless of whether or not assets are sold. When an asset is sold, GST simply holds the cash in the IRA until the customer directs another investment or requests a distribution. Selling precious metals works the same way as purchasing. The customer gives written instructions to GST regarding what to sell, at what price and through which dealer. GST makes the sale, and waits for further instructions. When customers take a distribution from their IRA through GST, they have two choices; The assets in the account may be liquidated and distributed in cash, or they may be withdrawn “in kind,” which means the actual asset itself is sent to the investor. This allows the investor to decide if it is better to