First, you’ll open a Self Directed Gold IRA by filling out our online application. If your 401(k) is from a former employer’s plan, you will reach out to your employer or current plan administrator to request rollover paperwork. Once the paperwork is processed, they will then issue a check or send a wire to your new Madison Self Directed Gold IRA. When the funds are in your new Gold IRA, you can instruct Madison to invest in the precious metals of your choice by following steps 2 through 6 in our 6-step process.