If you can invest with an IRA LLC, or our Direct Custody product, you can invest almost anywhere. You need to be able to title an investment to your IRA and your LLC.
What Startup and Early Stage Investment platforms can I work with using a Rocket Dollar Account?
You can review platforms on the Rocket Dollar Partnerships page in the "Early Stage Investing" section. Please keep in mind that special titling is required depending on if your Rocket Dollar account is an IRA LLC, Solo 401(k), or Direct Custody product. Be sure to review the necessary title requirements and appropriately title all investments. This will typically be referred to as "adding entity details, entity signup, or make an investment from an entity." If you make an investment with personal dollars, you cannot change it over to your retirement account later, as this is a prohibited transaction called self-dealing.
Can I work with other platforms that are not on the partner's page?
Yes, you can, but they must be able to accept an IRA LLC, or Solo 401(k), which is typically notated as a trust through their entity channel. Many of our customers have a checkbook control account, which allows them to target any investment or platform as long as it is an IRS-allowed investment.
Investors can also invest using our Direct Custody product, once the investment has gone through our custodian's, American Estate & Trust, final review and approval process. Please review the Direct Custody structure below.
Can I work with startups that are NOT on an online platform to invest?
Yes! This is one of the great benefits of checkbook control of the IRA LLC or Solo 401(k) products. You can send a check directly to a startup as an angel investor. Your IRA LLC or Solo 401(k) will hold the shares or complete a private note agreement.
To invest using Rocket Dollar's Direct Custody product, please review our Direct Custody IRA Paperwork FAQs article.
Be sure to weigh the risks of every investment and whom you are working with before committing to an investment.