A 401k gold IRA rollover has desired benefits. For example, the fact that you will be able to manage the designation of your retirement funds and make new tax-free investments, such as precious metals, would be the main benefit of rolling over 401(k) plan assets into a self-directed IRA.
You will have fewer investment options in an employer-funded retirement plan like 401(k) compared to what you get with a precious metals IRA. Moreover, you will have access to your funds only after a particular period of time since you will need to create a vesting schedule. When it comes to flexibility, the self-directed IRA offers the best option.
Another important aspect to note is the fact that 401(k) plans are under the business risk of your employer. In case your employer declares bankruptcy or takes place in a merger, your 401(k) plan may be altered, frozen, or even stopped.