Structure and Titling

How is my Self-Directed Solo 401(k) plan and retirement trust I transact out of be titled?

At Rocket Dollar, your Solo 401(k) plan titling depends on if your business is an LLC/Corporation with a name or it is a sole-proprietorship

How does this titling work?

First, we have you complete solo 401(k) plan documents. We then establish a retirement trust, which houses all of your plan assets through self custody and then trust bank accounts to hold your pre-tax and post-tax cash deposits. 

When completing and investment, or naming your plan, using the naming convention below unless you requested a different plan name with our support team. 

For Sole-Proprietorship

The plan will be named as "[YOUR NAME] 401k PSP".

For example, John Smith who owns a sole-proprietorship will start a Solo 401k at Rocket Dollar titled "John Smith 401k PSP".

For LLC and Corporations

The plan will be named as "[BUSINESS NAME] 401k PSP".

For example, John Smith who owns a business called Texas Oil Consultants will start a Solo 401k at Rocket Dollar titled "Texas Oil Consultants 401k PSP".