Rolled over to a Palladium IRA - how long did your
- •Just initiated the rollover from my old 401(k) into a Palladium IRA, and man, the waiting game is already getting to me.
- •Last week I verbally committed to my rep, got all the paperwork signed and sent over to the custodian on Thursday.
- •Palladium felt like the smarter, more tangible play right now.
Just initiated the rollover from my old 401(k) into a Palladium IRA, and man, the waiting game is already getting to me. Last week I verbally committed to my rep, got all the paperwork signed and sent over to the custodian on Thursday. My 401(k) was sitting at about $650k, and with all the global instability – especially with China flexing more in the Pacific – I just couldn't stomach leaving so much in equities. Palladium felt like the smarter, more tangible play right now.
My representative at Augusta Precious Metals said I should expect the funds to clear and the precious metals to be purchased within 10-15 business days. That feels like an eternity when you're watching the news every day. I know they say it's normal, but coming from a military background where efficiency was everything, this standard civilian timeline always gets under my skin a bit. I'm based in Honolulu, so I'm used to things taking a little longer to get here, but this is money we're talking about!
I guess I'm just curious what other folks who've done a direct rollover experienced. Did yours really take that long? Was there anything you did to speed it up, or anything I should be looking out for? I'm trying not to be a pest to my rep, but I'm thinking of checking in mid-week next week if I don't hear anything. Part of me just wants to see that Palladium in my account, knowing it's finally out of the market's day-to-day whims.