The 550 can take time to setup properly. Because the press incorporates it's own ram stop, you always want to have adjustment remaining on all the dies,
both Up and Down.
► From your description, it truly sounds as if you may still have the Redding die lock nut on your Seating die. Due to the thickness of the 550
Tool Head, on some non-Dillon dies, you need to use the much thinner
Dillon 1" Hex Lock Nuts.
► Additionally, it sounds as if you may need to move the die
Lock Nut to the
bottom side of the
Tool Head with this particular die. This may be strange looking, but is common practice. When the die nears the correct working position, are more threads exposed on the top or bottom of the die ? The Lock Nut belongs on the side with the most threads
so you can achieve the most adjustment.
► Due to the Dillon
Tool Head having about 0.010" of vertical clearance, die to shell plate clearance can be very hard to judge. Especially with carbide dies, you may want some dies to approach the shell plate,
but you never want them to actually touch. So the best way to adjust dies in the 550 is to be able to pull out a sheet of notebook paper from between the die and the shell plate at the top of the stroke.
Go back and set your Sizing Die this way, because on the 550 all other dies take their position cue from the Sizing Die.
Hope this helps.