401(k) Rollover Guide · 1970

How to Roll Over a 401(k) to a Gold IRA (1970 Step-by-Step)

The exact process, tax rules, common mistakes, and the providers most 401(k) holders use — straight from IRS publications and 1970 guidance.

Reviewed by Gold IRA Blueprint Editorial TeamLast updated

Quick Answer

A 401(k) is the most common employer-sponsored retirement plan in the United States. Direct rollovers from a 401(k) to a Gold IRA are fully allowed under IRC § 408 and are tax-free when handled correctly. The full process takes 2–3 weeks for most 401(k)s and is tax-free when handled as a direct trustee-to-trustee transfer.

#1 Recommended

Augusta Precious Metals

$100k+ savers wanting white-glove service and education-first onboarding

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  • Lifetime customer support assigned account rep
  • Zero high-pressure sales tactics — Harvard-educated economist on staff
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Honest limitation: $50,000 minimum rules out smaller starter accounts — not the right fit if you have under $50k in retirement savings.

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$50,000 minimum · ★ 5 (1,100+ reviews)

#2 Recommended

Birch Gold Group

Accounts under $100k that need an accessible entry point with strong education

BBB A+
  • $10,000 minimum — lowest of the major brands
  • Over 13,000 customers served since 2003
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Honest limitation: Sales process is more transactional than Augusta — fewer high-touch hand-holding sessions for first-timers.

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$10,000 minimum · ★ 4.8 (1,400+ reviews)

401(k) → Gold IRA: The 5-Step Process

  1. 1

    Open a self-directed Gold IRA

    Choose a Gold IRA custodian (Augusta or Birch in most cases). They handle the paperwork to establish a Traditional, Roth, or SEP self-directed IRA depending on your source account type.

  2. 2

    Request the rollover from your 401(k) administrator

    Direct rollover (custodian-to-custodian transfer) is tax-free and penalty-free. Indirect rollovers must be deposited within 60 days. In-service rollovers from an active 401(k) are plan-dependent — many plans allow them after age 59½.

  3. 3

    Fund settles in 7–14 days

    The receiving Gold IRA custodian confirms receipt. Throughout this period your money is in cash inside the new IRA — no market exposure.

  4. 4

    Select IRS-approved metals

    Gold must be ≥99.5% pure (American Gold Eagles are explicitly allowed). Silver ≥99.9%. Your account rep walks you through allocation between gold, silver, platinum, and palladium.

  5. 5

    Metals ship to an approved depository

    Bullion goes directly from the dealer to an IRS-approved depository — most commonly Delaware Depository or the Texas Bullion Depository. You receive a confirmation statement within ~5 business days.

⚠ Critical 401(k) rule

Cashing out instead of rolling over

Taking a lump-sum distribution from a 401(k) instead of a direct rollover triggers immediate income tax on the full balance plus a 10% penalty if under age 59½. Always specify a direct trustee-to-trustee transfer.

Key restriction: If you're still employed by the plan sponsor, your 401(k) may restrict in-service rollovers until age 59½. Old 401(k)s from previous employers can always be rolled over.

1970 401(k) Limits & Tax Treatment

1970 contribution limit
In 2026: $23,500 employee contribution limit ($31,000 if age 50+).
Rollover tax treatment
Tax-free and penalty-free with direct trustee-to-trustee transfer
Typical balance rolled
$45,000 to $250,000
Time to complete
2–3 weeks end-to-end

Recommended next step

Get Augusta's free 401(k) rollover kit

Free educational kit + 1-on-1 web conference with Augusta's Harvard-trained economist. No obligation.

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BBB A+5 (1,100+ reviews)13+ yrs in business$50,000 minimum

Top Gold IRA Companies for 401(k) Rollovers

RankProviderMinBBBBest ForGet Info
#1
Augusta Precious Metals
5 · 13 yrs
$50,000A+$100k+ savers wanting white-glove service and education-first onboardingFree Kit
#2
Birch Gold Group
4.8 · 22 yrs
$10,000A+Accounts under $100k that need an accessible entry point with strong educationFree Kit
#3
Goldco
4.8 · 19 yrs
$25,000A+Mid-range investors who value fast setup and the up-to-10% free silver promotion
#4
American Hartford Gold
4.9 · 10 yrs
$10,000A+Cost-sensitive savers under $100k who want low fees and an easy online setup
#5
Advantage Gold
4.9 · 12 yrs
$5,000A+Beginners — $5,000 minimum is the lowest of any major Gold IRA company

Rankings reflect editorial review of BBB rating, minimum, fees, customer reviews, and time in business. Last updated April 2026.

Helpful Tools Before You Rollover

401(k) → Gold IRA FAQs

Sources & References

  • IRS Publication 590-A — Contributions to Individual Retirement Arrangements
  • IRS Publication 590-B — Distributions from Individual Retirement Arrangements
  • IRC § 408(d)(3) — Rollover contributions
  • IRS Notice 2014-54 — Allocation of pre-tax and after-tax amounts in rollovers
  • Bobrow v. Commissioner, T.C. Memo 2014-21 — One-rollover-per-12-months rule

Recommended next step

Get Augusta's free 2026 Gold IRA Guide

Free educational kit + 1-on-1 web conference with Augusta's Harvard-trained economist. No obligation.

Get the Free Guide
BBB A+5 (1,100+ reviews)13+ yrs in business$50,000 minimum