My 401k to Gold IRA transfer - timeline expectations?

Totally get the antsy feeling. I had a similar experience with an old 401k rollover a few years back. Not a Gold IRA, but still a direct transfer to a different brokerage. My old plan administrator was a nightmare, took almost 6 weeks from start to finish just to get the funds out. They kept "needing additional verification" or some other nonsense. Hopefully yours goes smoother, but I wouldn't be surprised if it takes a bit longer than you'd like, especially with the gold aspect adding another layer.

Ugh, "deliberate" custodians are the worst when you're trying to get things done. Did your new Gold IRA provider give you any kind of estimate on their end once the funds are actually released?

Yeah, the "deliberate" old custodians are a pain, I've been there. But honestly, for a 7-figure portfolio, a couple of weeks isn't that long in the grand scheme of things. I'd be more concerned if it was approaching a month with no real updates. Did you get a tracking number or a confirmation from the IRA custodian that they've initiated contact with your old 401k provider? Sometimes a gentle nudge from the receiving end can light a fire under the old guys.

Hey, I hear you, that waiting game can be a bit nerve-wracking, especially with that kind of capital. One thing I found super helpful during my own rollover was keeping a detailed log of every communication – who I spoke to, what was discussed, and the date/time. It made follow-ups much easier and helped me hold everyone accountable.

Also, if you're feeling stuck, sometimes reaching out to your new Gold IRA custodian's support team can jog things loose. They often have internal contacts or processes to expedite things on their end, especially when dealing with a slow legacy 401k provider. Good luck, hope it all goes smoothly for you!

Totally get the "deliberate" custodian comment, haha. I went through a similar 401k to Gold IRA transfer last year, and it definitely felt like watching paint dry at times. My old 401k was also with a pretty big firm, and it took about 5 weeks from the initial request to the precious metals actually showing up in my new IRA account. Hope yours moves a bit faster!