Pricing, Products, and Refund Policy
CARES Act and Coronavirus Stimulus Retirement Changes
FAQs and the Benefits of Self-Directing Retirement Accounts
Rocket Dollar Crowdfunding Campaign on Republic
Investing and Alternative Asset Classes
Self-Directed IRA (Traditional, Roth, or Beneficiary)
Self-Directed Solo 401(k) (Traditional or Roth)
- Self-Directed Solo 401(k) FAQs
- Opening a Rocket Dollar Self-Directed Solo 401(k) Account
- Structure and Titling
- Contributions and Contribution Limits
- IRS-Related Questions
- Rolling Over/Transferring Old Accounts
- Solo 401(k) Traditional Contributions
- Solo 401(k) Roth Contributions
- Solo 401(k) Loans
- Uncommon Questions
Self-Directing Retirement Compliance and Self Care
Partnering with Rocket Dollar
Fundraising with Rocket Dollar
Specific State Rules
Privacy, Security, Identity, and Fraud
I have a normal LLC I already use for some everyday business and non-retirement dollar investing activities... can I use that LLC in my Self-Directed IRA?
No. A previously owned personal IRA cannot be in your LLC because that is considered a prohibited transaction. Rocket Dollar will create a new IRA LLC for you to transfer the existing Self-Directed investment account.
Always think of your IRA and the IRA LLCs as separate entities from your personal business dealings, and any traditional business LLCs.
You must also not commingle dollars from your own businesses and a separate, Self-Directed IRA investment. An IRA LLC is part of the structure that allows you to invest and gain checkbook control of the IRA.
Your IRA cannot buy an investment that you previously owned, personally or in a business LLC.
Make sure that investments you make from your IRA are not connected to your current business in a self-dealing prohibited transaction. For more about self-dealing, click here.
I only own a partial amount of a business or investment...Is that still prohibited for my IRA?
If the investment is owned 50% or less by you and other disqualified persons, it might be eligible for investment by your IRA. Keep in mind if a prohibited person also owns part of the company, this is added towards your total when analyzing prohibited transactions
For more information on disqualified persons, which includes yourself, various family members, and close relationships, click here.
What if I have an LLC that I already use in a self-directed account?
We can work out a transfer together with our sales and support team, but we will need a specific process to transfer these assets. Please contact us in the sales chat, email@example.com, or 1-855-762-5383 option 2.