I am in the process of moving some of my savings to gold but don’t want to trigger the IRS reporting or anything else for that matter. If I withdrawal $3,500 a day or a few times a week, will that cause problems? I have been saving for a while, and so it is definitely out of the ordinary for me to withdraw that kind of money frequently, however, I did tell them what I was doing, and even inquired about safety deposit boxes to store the gold I am buying.

  • limelight79@lemm.ee
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    18 hours ago

    For legitimate reasons, I deposit large amounts of cash into a business account a few times each year. I report my social security info each time, and I’ve never once been contacted about it.

    Just move it at once. Don’t do the structuring thing that was explained elsewhere. Or do a wire transfer.