Rocket Dollar Knowledge Base

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Account Types

FAQ's and Benefits of Self-Directing
- Checkbook Control
- Tax benefits
Account Types
Compliance, Logistics, and Self Care
Contributions Limits, Distributions, and Eligibility
Creating My Account
Rollovers and Funding for Accounts
- Rollovers
- Self-Directed Solo 401(k) Funding
Investing
Partnering with Rocket Dollar
Fundraising with Rocket Dollar
- Fundraising Compliance
Specific State Rules
- California Residents
Privacy, Security, and Fraud
- Privacy
- Security
- Fraud

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Rocket Dollar Knowledge Base

Account Types

FAQ's and Benefits of Self-Directing
- Checkbook Control
- Tax benefits
Account Types
Compliance, Logistics, and Self Care
Contributions Limits, Distributions, and Eligibility
Creating My Account
Rollovers and Funding for Accounts
- Rollovers
- Self-Directed Solo 401(k) Funding
Investing
Partnering with Rocket Dollar
Fundraising with Rocket Dollar
- Fundraising Compliance
Specific State Rules
- California Residents
Privacy, Security, and Fraud
- Privacy
- Security
- Fraud

Account Types

General Self-Directed Account FAQs

I'm not a citizen or current resident (expatriate) of the US... Can I open a Self-Directed IRA and Rocket Dollar Account?
What types of accounts can I open with Rocket Dollar?
Are there required minimum distributions (RMDs) for a self-directed IRA or a 401(k) Rocket Dollar account? How do I calculate them?
What type of investments can a self-directed retirement account own?

Self-Directed IRA

What is the step by step process of starting a Self-Directed IRA?
What is a Rocket Dollar Self-Directed IRA?
Who is eligible for a Rocket Dollar Self-Directed IRA?
How are Rocket Dollar Self-Directed IRAs taxed?
Is a Rocket Dollar Self-Directed IRA a Qualified Retirement Plan (QRP)?
Who is a disqualified person to my Rocket Dollar Self-Directed IRA?

Self-Directed Roth IRA

What is the 5 year Roth withdrawal rule?
What is the “Mega Backdoor Roth” strategy and can I execute it with Rocket Dollar?
Do you offer a Self-Directed Roth IRA?

Self-Directed Solo 401(k) (Traditional and/or Roth)

What is a Self-Directed Solo 401(k)?
Who is eligible for a Rocket Dollar Self-Directed Solo 401(k)?
What is a step by step process of starting my Self-Directed Solo 401(k) account?
What amount can I contribute to my Rocket Dollar Self-Directed Solo 401(k) each year?
Can I have employees with a solo 401(k)? What happens if I'm solo now but hire employees later?
How are Rocket Dollar Self-Directed Solo 401(k)s taxed?
How do Roth Contributions work in a Solo 401(k)?
What advantages does a Self-Directed Solo 401(k) have over a SEP-IRA?
Is a Rocket Dollar Self-Directed Solo 401(k) a Qualified Retirement Plan (QRP)?

Other Products

What other accounts can I self-direct?
Does Rocket Dollar offer a Rollovers as Business Startups (ROBS) product?

Rocket Dollar is not a financial or tax advisor. The knowledge base is educational but is not investment or tax advice. Please consult your own financial advisor, CPA, and IRS guidelines before making any investment or tax planning decisions.

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