How do I roll my 401k into this program?

Rolling over a 401(k) into a precious metals IRA is one of the most popular ways to get started with SoundMoney — and the process is simpler than most people expect. Here's a step-by-step walkthrough:

Step 1: Schedule a Free Consultation With SoundMoney

The best first step is to talk with one of our IRA specialists. We'll help you:

• Confirm your 401(k) is eligible for rollover
• Understand your options (Traditional vs. Roth SDIRA)
• Answer any questions before you commit to anything
• Connect you with your custodian, New Direction Trust Company (NDTCO)

📧 IRA@sound.money 📞 208-516-1716

Step 2: Open Your Self-Directed IRA

Once you're ready to proceed, you'll open a new Self-Directed IRA (SDIRA) with NDTCO. You'll need:

• A government-issued photo ID
• Your Social Security Number
• Basic personal and contact information
• Beneficiary information

This step is typically completed quickly — often within one to two business days.

Step 3: Initiate the Rollover

There are two ways to move your 401(k) funds:

Direct Rollover ✅ (Recommended)

Your 401(k) plan administrator sends the funds directly to NDTCO on your behalf. This is the preferred method because:

• Funds never pass through your hands
• No taxes are withheld
• No 60-day deadline to worry about
• Zero risk of accidental tax liability or penalties

Indirect Rollover ⚠️ (Use With Caution)

Your 401(k) sends a check directly to you, and you then deposit it into your new SDIRA. Important caveats:

• Your plan administrator will typically withhold 20% for taxes
• You must deposit the full original amount — including the withheld 20% out of your own pocket — into your SDIRA within 60 days to avoid taxes and penalties
• The withheld amount is recovered when you file your taxes
• You are limited to one indirect rollover per 12-month period

For most people, a direct rollover is the clear choice.

Step 4: Confirm the Funds Have Arrived

Once the transfer is initiated, your 401(k) administrator will process the request. Typical timelines:

• Direct rollovers — usually completed within 1–2 weeks
• Indirect rollovers — you have up to 60 days to complete the deposit

NDTCO will notify you when funds are received and available in your new SDIRA.

Step 5: Select Your Metals

With funds in your SDIRA, the exciting part begins. Your SoundMoney IRA specialist will work with you to:

• Review IRA-eligible gold and silver options
• Understand current pricing and availability
• Choose the right mix of coins and bars for your goals
• Place your order with confidence

Step 6: Secure Storage

Once your order is placed:

• SoundMoney coordinates with NDTCO to process payment
• Your metals are shipped with full insurance at no cost to you
• Your chosen depository — preferably Money Metals Depository in Eagle, Idaho — confirms receipt
• Your holdings are immediately insured and secured

Is My 401(k) Eligible?

Most 401(k) accounts are eligible for rollover, but there are a few things to check:

• Former employer 401(k) — almost always eligible for a full rollover
• Current employer 401(k) — eligibility depends on your plan rules; some plans allow in-service distributionswhile you are still employed, others do not
• 403(b), TSP, SIMPLE IRA, SEP IRA — all generally eligible as well
• Roth 401(k) — can be rolled into a Roth SDIRA to preserve tax-free status

If you are unsure whether your specific plan is eligible, our specialists can help you find out.

What About Taxes?

When done correctly as a direct rollover, moving your 401(k) into a precious metals IRA is a completely tax-free event.No taxes, no penalties, no impact on your annual IRA contribution limits. Rollover amounts are not subject to the $7,000/$8,000 annual contribution cap.

How Long Does the Whole Process Take?

From start to finish — opening your SDIRA, completing the rollover, purchasing metals, and confirming storage — most members complete the entire process in approximately 2–4 weeks.

A Step-by-Step Summary

Disclaimer: SoundMoney is not a tax advisor. Tax treatment of rollovers depends on your individual circumstances. Always consult a qualified tax professional before initiating a rollover, particularly if considering a Roth conversion.

Updated on: 09/04/2026