How do I enter and exit an investment with a Rocket Dollar account?

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Once your account is set up, your money flows in and out of our partner bank account. The most similar example to a stocks and bonds account would be money market funds buying a stock, and then returning to a money market position after a sale.


  • Your money is held in an LLC checking bank account at our partner bank. By this point, we helped you roll or contribute dollars into your IRA, which then moves through your LLC to your LLC Checking bank account.

    IRA Flow Multiple Investments Diagram-2

  • Your LLC checking account (or trust Solo 401(k) checking account) is similar to a checking account you might have at your bank. You can use these methods to enter an investment.

    • ACH up to $100,000 for free
    • Wire
    • Check
    • Debit Card

    With your new account info, log in to If you have login issues, you can call 1-800-378-8632.

  • You should always title things in the name of your IRA LLC or your 401k plan, usually notated as a trust, for a Solo K. For more on titling, click here.

    You should NEVER title things only in your personal name. Keep in mind certain websites or customer experiences might ASK for your own name or identity check you, but the most crucial part is having your correct titling on final deal paperwork.

    If you usually do business on a typical consumer sign-up portal, you might need to ask if the company has an entity sign-up process.

    Ok, I completed the paperwork and sent payment for the asset I wanted to buy...what now?

    Congratulations! Your IRA LLC has now taken ownership of the asset. Take care to record the fair market value (FMV) of your asset when you bought it. The total value of all your investments is only needed yearly, but you can help keep a record by recording your investment tracker in the Rocket Dollar dashboard.

    You can also upload the deal documents you acquired into the RD dashboard as well. We store your IRA LLC documents and want to provide you a central place to keep all of your IRA investment-related documents.

  • Investment returns can either be invested right back into the asset or return to the IRA LLC checkbook bank account. If you are familiar with a money market fund in a stock trading account, depending on your investment goals, some investors always automatically reinvest their dividends, others choose to have the money go to increase their cash reserves.

    Returning an investment to your bank account before you deploy it to another investment also gives you an electronic record. If you were ever audited, this would give you a clear electronic record of exiting an investment inside the jurisdiction of your retirement account, and that the investment was purely for your IRA.

    Here are some examples where a customer would return money to the bank account or keep it out to service the investment for a longer period.

    • The Real estate investor wants to build up a cash reserve to save for repairs, and a future kitchen remodel.
    • The investor has received payment for a promissory note and wants to start saving up dollars to deploy to another, completely different loan.
    • The investor is given a return as the startup is acquired. Their shares are sold according to the acquisition, and the proceeds and capital gains return to the checkbook bank account.
    • The investor has some money out in a stocks and bonds trading account opened in the name of its IRA LLC.'
    • The investor is exiting a real estate investment, sells the property, and wishes to deploy it to a totally different and unrelated real estate investment. This will serve as a clear record where investment and property one is finished, then the release of funds for a brand new second real estate investment.
    • The investor buys a passive investment with their IRA, and all the dividends are reinvested right back into the fund.
    • An investor buys a startup stock. The investor has invested for the long term and has nothing to do with the money until an acquisition event.
    • A crypto investor would like a fiat cash reserve in their crypto trading account, so it is ready to deploy at a moment's notice.
    • A real estate investor prefers to have an LLC and extra bank account specifically for each real estate property at a local bank. The real estate investor keeps all the money and accounting clearly recorded until it is time to sell the property, shut down the LLC, and return the dollars to the RD partner bank account.
  • No! Absolutely not. When you sell your stocks or bonds, for a stock and bonds retirement account, money returns to a money mark fund. You cannot pocket this money until you go through a distribution process with your custodian.

    In this situation, you must return your money to your bank account and contact our support team to authorize a distribution. Distributing money through proper channels will both give you an electronic record and serve as a process for your taxes.

    At Rocket Dollar, the money must be either out helping to manage or support your investment, or back in the checkbook bank account. Taking money out of your IRA could be seen as a "distribution" where you are subject to a 10% penalty on the amount. Just because the money in a Rocket Dollar account has more flexibility, this does not mean it has "left" your IRA.

    More severe cases could be seen as "self-dealing" where you are letting funds of your personal situation mix with your retirement account dollars. Penalities for this can be distributing your entire IRA for early taxes or a 15% penalty on your Solo 401(k).

    Always take care to account for investment dollars, and our partner bank account or your own structure can help keep things like your IRAs retirement rental property, repairs, and bills paid to managers and contractors.

  • No. When you shift money from one investment to another, there is no paper trail of your activity. If you are exiting investment and entering another, it is wise to record it with a bank transfer. Normally, the IRS only cares about the fair market value of your account. If they were to audit you, they could pour over all details of your self-directed investments. If this were to happen, you want your investment activity to be clear, documented, and stress-free to present.

    Moving money between unrelated investments and assets can lead to a greater chance of a prohibited transaction.

    • You can set up an ACH transfer back to your bank account.
    • A wire back to the wire information for your IRA LLC's bank information at our partner bank.
    • Someone can write your IRA LLC a check. You sign the check as a manager, and then scan it into your bank account using our partner banks mobile app.
    • You ask for a refund on the debit card transaction, and the investment provider refunds the card from their portal (assuming the investment portal is working correctly).
    • If you are working with an investment provider, make sure they have your proper bank information.

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