- Rocket Dollar Knowledge Base
- Self-Directing Retirement Compliance and Self Care
- Prohibited Transactions and Disqualified Persons
Pricing, Products, and Refund Policy
FAQs and the Benefits of Self-Directing Retirement Accounts
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 of a Rocket Dollar Solo 401(k) Account
- 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 are some examples of prohibited transactions?
Someone bought stock in their IRA in their son's company, of which he owns 75%.
- A disqualified family member owns over 50% of this company.
My IRA loaned money to my daughter for her student loans.
- Your IRA is unable to transact directly with your daughter, a disqualified person.
My IRA bought a great vacation property, which we rent out for 75% of the year. My family enjoys a few vacation months when the property is free.
- You are not allowed to directly benefit or live in property that is owned by your IRA.
I bought a property through my IRA. I leased it to my spouse's rental management company, of which she owns 70% and other investors own the remaining 30%.
- If other investors owned 70% and your family owned 30%, you would be in the clear, but be careful of engaging in a self-dealing transaction related to how you and your wife manage the property.