High Contributions
You can contribute up to $57k to your Solo, and take huge tax deductions.
For those looking to get the most out of their retirement savings, the Solo 401(k) is the best option currently available. Those who qualify for the Solo 401(k) can contribute up to $57,000 annually (more if you're 50 or older), invest in any asset allowed by the IRS, and finally, not pay an arm and a leg in fees.
You can contribute up to $57k to your Solo, and take huge tax deductions.
No preset menu of investments. Invest in anything allowed by the IRS.
Borrow up to $50k from your Solo 401(k), and pay yourself back over time.
Enjoy deferred taxes, or no taxes, on all gains inside your Rocket Dollar account.
What assets are allowed in a Rocket Dollar Self-Directed account?
Make investments in single-family, multi-family, syndicates, and more!
Make a loan using your IRA, and payments go right back into the same account.
All the upside, none of the tax headaches!
Help a small business get off the ground, and enjoy no taxes when it takes off!
Make a loan using your IRA, and payments go right back into the same account.
Make a loan using your IRA, and payments go right back into the same account.
Use your retirement account to invest in the next big company, while it's still in the garage stage.
Make investments in single-family, multi-family, syndicates, and more!
[Make a loan using your IRA, and payments go right back into the same account.]
All the upside, none of the tax headaches!
Help a small business get off the ground, and enjoy no taxes when it takes off!
[Make a loan using your IRA, and payments go right back into the same account.]
Make a loan using your IRA, and payments go right back into the same account.
Use your retirement account to invest in the next big company, while it's still in the garage stage.
[precious metals, etc.]
Online security is no joke, and we take the trust our customers and partners put in us seriously. We are a SOC-2 certified company, and continuously update our systems to comply with best practices.
Transparent pricing on a subscription basis.
May 8, 2020 by Thomas Young
One of the most common questions we get surrounding IRA contributions is whether they should be Roth or Traditional...
Apr 9, 2020 by Thomas Young
Making a transition from one job to the next, or being between jobs can be one of the most eventful changes a person...
Apr 1, 2020 by The Rocket Your Dollar Podcast
Bryan Ellis, CEO of SelfDirected.org, talks about becoming a ninja-level investor and the overwhelming tax benefits...
In order to be eligible for the Self-Directed Solo 401(k) account, you must be self-employed and have no full-time employees. Further eligibility requirements and exceptions may be found here.
Up to $57,000 ($56,000 in 2019) of tax-advantaged retirement dollars are allowed if you choose to maximize your personal and company contributions. Learn how Rocket Dollar can help you capitalize on these contributions.
The Self-Directed Solo 401(k) allows for loans. The loan option allows you to borrow from your own retirement funds, up to 50% of the plan value or $50,000, whichever is less. Solo 401(k) holders may use loans to pay off personal debt, fund a business, or use as the holder sees fit. If you’d like to take a loan from your 401(k), simply fill out the loan application we provide you on your Dashboard.
Rocket Dollar can open a Self-Directed Solo 401(k) in 2 -4 weeks or 2 weeks with Rocket Dollar Gold.