Find the latest Rocket Dollar promotions, savings, discount codes, and bonuses here!
Whether you’re looking to invest in real estate or stocks and bonds, Rocket Dollar helps equip you with the tools to generate income. When you open a new account with Rocket Dollar, they will set up your investment account like a company. Keep reading to learn more about their features and ways to earn money below.
Rocket Dollar is a great option for beginners looking to improve their investment skills. Alternatively, you can check out more investment platforms like Fundrise and Bitcoin here on HMB!
(Visit the link above to sign up for Rocket Dollar)
About Rocket Dollar
Funded in 2018, Rocket Dollar Inc, is a U.S.-based financial services company based in Austin, Texas. The company provides Self-Directed IRAs and Solo 401s, helping individuals invest retirement savings into the asset class of the individual’s choosing.
Rocket Dollar is not a robo-advisor. The platform guides you through the process of setting up a self-directed retirement account and allows you to have control over where your investments go.
Rocket Dollar Features
Rocket Dollar helps users invest their retirement funds into an array of asset classes allowed by the IRS including:
- Single family homes
- Commercial properties
- Multi-family homes
- Businesses
- Personal loans
- Precious metals
- Crowdfunded businesses
- Start-ups
- Stocks
- Mutual funds
- Land
- Livestock
- Certificates of Deposit
It’s important to note that Rocket Dollar is not a robo-advisor. The platform is designed to guide you through process of setting up a self-directed retirement account, but you are ultimately making your own investment decisions. If you need help looking at online personal loan-lenders or CD-rates then you can find out more here on HMB.
With Rocket Dollar, you have the option to open a Self-Directed IRA or a Self-Directed Solo 401(k). A Self-Directed IRA allows you to enjoy checkbook control of your retirement savings, fast transactions (no wait for custodian approval), a wide array of investment options and tax advantages.
If you have self-employment income and you want to get the most out of your retirement savings, a Self-Directed Solo 401(k) might be the option for you. This features unlimited investment options, high contribution limits (up to $64,000 annually) , big tax deductions, loan capability and loads of flexibility.
In addition, Rocket Dollar also offers premium services for both IRA and Solo 401(k) accounts. This tier of services is referred to as Rocket Dollar Gold. With Gold, you have access to features such as white glove customer service with priority support, courtesy wire transfers, yearly reporting assistance, along with an account checkbook and debit card.
Listed below is how the two tiers differ in terms of payment:
CORE | GOLD |
$360 setup fee | $600 setup fee |
$15/month | $30/month |
No asset/transaction fees | $200/in-kind asset transfer |
Here is a comparison of the features that you get to utilize with each tier:
CORE
- No minimum opening deposit
- An LLC to hold investments
- Investment management tools
- Online document storage
- Email support
GOLD
- All CORE features
- Expedited service and transfers
- 4 free yearly wire transfers
- An account checkbook
- An account debit card
- Custom-named LLC
- Priority support
- Tax filing for 1099-R and Form 5500
- Roth IRA conversion assistance
Current Rocket Dollar Promotions
$50 Sign-Up Bonus
If you’re looking to make the most out of your retirement funds through investments, then check out Rocket Dollar! Right now, they are offering a $50 sign-up bonus to new users. Visit the website linked below to start investing!
- Promotions: $50 Sign-Up Bonus
- When it expires: Limited time only
- Availability: New customers only
- How to get it:
- First, click on the link below and click the “GET STARTED” button
- You’ll then be directed to a new landing page where you need to enter your email address and a password
- After you’ve created your login, follow the instructions to finish setting up your account!
(Visit the link above to sign up for Rocket Dollar)
Bottom Line
Rocket Dollar is a great option that allows you to have more control of your own assets at a relatively low price point. If you have confidence in your ability to manage your own retirement portfolio, then consider signing up for an account. This platform allows you to enhance your financial journey through investing.
If you’re new to investing and want more help making smarter investment decisions, consider robo-advisors such as Betterment or Wealthfront. For more posts like this, check out our list of ways to save money using investment promotions!