What happens after my IRA is open?

Once your self-directed IRA is established and funded, the real work begins — growing and protecting your retirement savings with physical precious metals. Here's what to expect:

Step 1: Purchase Your Metals

With your account funded, you'll work directly with your SoundMoney IRA specialist to select the metals you want to purchase. We'll help you understand:

• Which metals are IRA-eligible (meeting IRS purity standards)
• The difference between coins and bars and which may be right for you
• Current pricing and availability
• How to balance gold and silver based on your goals

Step 2: Coordinating the Transaction

Once you've chosen your metals, the process flows seamlessly between your three partners:

• You direct your custodian (NDTCO) to make the purchase
• NDTCO transfers funds to SoundMoney
• SoundMoney coordinates secure, insured shipment of your metals to your chosen depository
• The depository confirms receipt and updates your account records

Step 3: Secure Storage Begins

Your metals are stored in your chosen depository under your account. From this point your holdings are:

• Fully insured
• Regularly audited
• Accessible through your custodian account portal

Ongoing Account Management

Your IRA doesn't just sit idle — you can actively manage and grow it over time in several ways:

Making Additional Contributions

You can continue growing your IRA by making annual cash contributions up to IRS limits:

• $7,000 per year if you are under age 50
• $8,000 per year if you are age 50 or older

Rolling Over Additional Retirement Funds

Already have other retirement accounts? You can roll over funds from an existing 401(k), 403(b), TSP, or traditional IRA into your precious metals SDIRA at any time. Rollovers are tax-free when handled correctly and are not subject to annual contribution limits, meaning you can move larger sums in a single transaction.

Rebalancing Your Portfolio

• Adjust your mix of gold and silver or other IRA-eligible metals as your goals evolve
• Monitor your account through NDTCO's account management tools
• Work with your SoundMoney specialist to time purchases strategically

Staying in Touch With SoundMoney

Your relationship with SoundMoney doesn't end after your first purchase. Our IRA specialists remain available to:

• Review your account and discuss your goals
• Keep you informed on metal availability and market conditions
• Help you make additional purchases when the time is right
• Answer any questions along the way

Distributions & Withdrawals

When you're ready to access your retirement savings:

• At age 59½ you may begin taking penalty-free distributions
• You can take distributions as physical metal delivered to you or as cash from a metal sale
• At age 73, Required Minimum Distributions (RMDs) begin — your custodian will help you manage this
• Early withdrawals before age 59½ are subject to a 10% penalty plus ordinary income tax

Updated on: 09/04/2026