Pricing and Refund Policy

Why do I have to pay $15 a month to maintain my account?

The structure of the account is different from IRAs you might have encountered at a traditional custodian. The $15 a month (and $30 for RD Gold) is so that RD can help you maintain proper compliance and service for your account.

What are some of the reasons that I pay for $15/$30 a month for the IRA product?

  • Fair Market Value must be reported to the IRS for all IRA customers. Once you fill out your investment tracker, we help automatically send off that reporting with our custody partners so that it gets to the IRS for yearly reporting.
  • We have to renew your IRA LLCs each year. Your IRA LLC is the "umbrella" vehicle that all of your investments will be titled in. The monthly $15 covers your Colorado LLC renewal and also your Registered agent, so we don't have charge another outside fee. If you IRA LLC is not renewed or maintain, your IRA would have to be distributed. 
  • We do not make or charge any money on investments. When you have an IRA at stocks and bonds broker-dealer/custodian, they will often offer a free IRA and service in the hopes that you will use their trade fees and investments. A Self-Directed IRA model has more moving parts than a traditional stocks and bonds custody IRA. We want to make sure our support team is well equipped to serve you and your IRA. 
  • Transfers and rollovers can take extra service. Our support team is there to make sure to help you finish them smoothly, and get them to your investments.
  • We have a fee arrangement for all Rocket Dollar customers with our partner bank so they can avoid minimum balances and minimum activity requirements. If you are no longer under an agreement of a Rocket Dollar account, Rocket Dollar is not responsible for additional fees. 

What are some of the reasons that I pay $15/$30 a month for the Solo 401(k) product?

  • To upkeep your plan documents, Rocket Dollar acts as your plans account provider. If any plan updates come out, Rocket Dollar will issue new plan documents to make sure your Solo 401(k) plan documents stay in compliance.
  • Some providers just sell plan documents but do not offer email or phone support for your current plan.
  • We do not make or charge any money on investments.
  • Transfers and rollovers can take extra service. Our support team is there to make sure to help you finish them smoothly, and get them to your investments. 
  • For Rocket Dollar Gold customers, we will assist with the Form 5500 reporting for those over $250,000 in assets. 
  • We have a fee arrangement for all Rocket Dollar customers with our partner bank so they can avoid minimum balances and minimum activity requirements. If you are no longer under an agreement of a Rocket Dollar account, Rocket Dollar is not responsible for additional fees.