Rocket Dollar Knowledge Base

I already own an alternative asset custodied in a Self-Directed IRA. Can I transfer this to my checkbook IRA/LLC account within my Rocket Dollar Self-Directed IRA?

Yes. Your Rocket Dollar IRA LLC account will be able to accept the asset from your old account. You should contact sales/support before your purchase to let us set up your account and transfer correctly.

Can my new LLC accept it?

At Rocket Dollar, as manager of your LLC, you are in charge of your deal review for your Self-Directed IRA. Ownership of the asset will have to be re-titled.

Will there be any fees?

There could be a $100 per asset fee that will be applied if we have to go through a retitling process to obtain custody. (so 5,000 shares of private stock in a company and one property would be $200)

Will I have to do anything special with the rollover?

This will take a slightly different process to open your IRA and transfer it. 

If it's easy to sell your investments and transfer only cash, you can do that for added convenience

If you are about to purchase and execute an in-kind transfer, you should contact sales to let us know 1-855-762-5383 Option 2

New customers after purchase should contact our support team for specifics ASAP after purchasing an account 1-855-762-5383 Option 1

 

See Our IRA Plan