Rocket Dollar will not be able to renew your IRA LLC. We also will not be able to maintain our pricing relationship with our partner custodian or partner bank. Your account will be terminated and could be at risk of a taxable distribution.
Our $15 fee goes to the renewal of your IRA LLC, and we have a special relationship with our partner bank. Together, we will terminate both accounts. We will still cooperate with you to roll your IRA over to any other provider. Keep in mind rolling over cash is much easier to roll over than an asset in-kind.
What if I cancel my account?
You cancel your account by contacting our support team. Login to app.rocketdollar.com/login and you can review more at this article.