Is the sellback process for an IRA cash distribution different from a non-IRA sellback?

 Selling metals from your IRA follows the same steps as a non-IRA sellback. The difference is where the proceeds go: they settle into your IRA cash balance before you take a cash distribution.

1. Initiate the sell on the GoldSilver website.

2. Allow two full business days from the trade date for settlement. Once settled, the proceeds will appear in your IRA cash balance.

3. Request your cash distribution from your IRA custodian after the funds are available. The two-business-day settlement period applies to the sellback proceeds, not to completion of your cash distribution. 

If you have any questions on how to get started, we have a page on our site that explains the sellback process.