Traditional, Roth, SEP, Inherited
Self-Directed IRA FAQs
- Direct Custody vs IRA LLC with Checkbook control, which is better for me?
- How does a Self-Directed Retirement IRA Account affect my taxes?
- Who is a disqualified person to my Rocket Dollar Self-Directed IRA?
- Can I roll over my old IRA or other retirement accounts into my new Rocket Dollar Self-Directed IRA account?
- I own an alternative asset in another custodian in a Self-Directed IRA. Can I transfer this to my checkbook IRA/LLC account within my Rocket Dollar Self-Directed IRA?
- What is the structure for a Rocket Dollar Self-Directed IRA with an LLC and how does it work?
Direct Custody IRAs
Transfers, Rollovers, & Contributions
- I just finished signing up. When do I initiate a transfer for rollover?
- How long do transfers from my current custodian take for my IRA?
- Can I roll over a 403 (b) into a Self-Directed IRA or Solo 401(k)?
- How can I fund & transfer assets into my SDIRA account?
- Can I roll over my current employer 401(k) or 403(b) plan? What is an in-service rollover?
- How fast can I open and fund a Self-Directed IRA account with Rocket Dollar?
Roth IRA Rules (Post-Tax)
IRA Contributions & Eligibility
- How do I make a contribution to my Rocket Dollar IRA
- Am I eligible for a Roth IRA contribution in 2022/2023?
- Can I get a tax deduction from my Traditional IRA contribution?
- What are the eligibility requirements to open and contribute to a Self-Directed IRA account?
- What are the maximum contributions for a Self-Directed Traditional and Roth IRA for 2022 and 2023?
- When are IRA contributions due for my Self-Directed Traditional or Roth IRA?
General Self Directed IRA Questions
- Can I roll over education savings from a Coverdell IRA or my 529 accounts into a Rocket Dollar account?
- Is the Self-Directed IRA account with Rocket Dollar a Qualified Retirement Plan?
- What are the inherited IRA distribution rules? Can I roll over a beneficiary IRA to a Rocket Dollar account?
- What is a beneficiary? How do I name a beneficiary to my Self-Directed IRA account?
- Should I register my Colorado LLC as a foreign entity?
- I have a normal LLC I use for everyday business and non-retirement dollar investing activities... can I use that LLC in my Self-Directed IRA?