- Rocket Dollar Knowledge Base
- Self-Directed IRA (Traditional, Roth, or Beneficiary)
- Self-Directed IRA FAQs
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
What is the structure for a Rocket Dollar Self-Directed IRA with an LLC and how does it work?
The LLC structure is set up to give you checkbook control over your deals and investments. Further detail on the deal review process below.
With a Rocket Dollar Self-Directed IRA with an LLC....
- All LLCs default to Colorado. The business address of the Colorado LLC will be your home address.
- The IRA is the single member of the LLC and you become the manager of the LLC.
- All investments are below the Colorado LLC, which acts as the "umbrella" LLC over all of your investments.
- You can manage investments out of the LLC bank account at our partner bank.
- For more on specific state rules, please click here.
What about the deal review process?
With full checkbook control, you are the party with final approval on deals as manager of the LLC.
When you directly own an alternative asset in your IRA, it must be held with a non-bank trustee or custodian. Both traditional and self-directed custodians will only hold an asset for you as long as it is approved by their investment team. Once approved, the custodian will place its name on the investment for your retirement account's benefit.
In the Rocket Dollar model, your LLC reviews, executes, and holds the investment directly. There is no other party that can interfere.
I still don't understand why I need an LLC?
What about the Self-Directed Solo 401(k)?
The Rocket Dollar Self-Directed Solo 401(k) utilizes a retirement trust. It does not use an LLC.