Self-Directed IRA FAQs

Can I roll over my old IRA or other retirement accounts into my new Rocket Dollar Self-Directed IRA account?

You can roll over multiple plans (e.g. Roth IRA, Rollover IRA, SEP-IRA, SIMPLE IRA, Traditional IRA, etc.) into your Rocket Dollar Self-Directed IRA. Traditional and Roth dollars must remain separate.

‍You bet. You can rollover multiple old and “orphan” retirement plans (e.g. Roth IRA, Rollover IRA, SEP-IRA, SIMPLE IRA, Traditional IRA, etc.) into your Self-Directed IRA. You also have the option to rollover funds in part or full in your old accounts into your Self-Directed IRA. And, yes, you maintain the same tax-deferred status within the Self-Directed IRA.

If you still work at your current employer, you could be barred from rolling your 401(k) over unless your plan specifically allows for it. You can check here for more information. 

You can review the IRS Rollover Chart here to see what accounts can be rolled over into other accounts.

 

You can also review our other article, how to fund your 

 

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