Rocket Dollar Reviews & Complaints: Scam or Reputable?

Rocket Dollar
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Rocket Dollar, a self-directed IRA and 401(k) provider, operates from Austin, Texas. It was established in 2018. The company specializes in offering enhanced retirement accounts, allowing users to invest in a broad range of assets including rental properties, startups, private companies, and more, without forfeiting tax benefits. Rocket Dollar's primary goal is to enable individuals to control their retirement savings safely and efficiently. The company's rating on Focus on the User is 3/5.

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What is Rocket Dollar?

Founded in 2018 by Henry Yoshida, Rick Dude, and Thomas Young, Rocket Dollar is a financial services company based in Austin, Texas. The company aims to revolutionize retirement savings by offering individual retirement accounts (IRAs) and Solo 401(k)s. These accounts allow users to invest in a diverse range of assets, including real estate, private company stock, cryptocurrencies, precious metals, and more. Rocket Dollar's account structure is unique, creating an LLC for each client, providing the flexibility to invest in a wide array of assets permissible inside an IRA. The company's services are particularly beneficial for experienced investors with high net worth, as their fee structure, including a setup fee and a monthly management fee, is more favorable for larger account balances.

Rocket Dollar Ratings

Rocket Dollar Reputation

Focus on the User Review
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3/5 stars
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Rocket Dollar Complaints

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Is Rocket Dollar a Scam?

Rocket Dollar is not a scam. It is a legitimate business founded in 2018. While it is a relatively new company and not yet registered with the Better Business Bureau, its unique approach to retirement investment and its 3/5 rating by Focus on the User validate its legitimacy.

Rocket Dollar Pros and Cons

Pros

  • Diverse Investment Options: Offers both IRAs and 401(k)s, allowing investment in a wide array of asset classes.
  • Flat Annual Fee: The annual fee structure benefits accounts with large balances.

Cons

  • Setup Fee: Charges a one-time fee to open an account.
  • Fee Structure for Small Balances: The flat annual fee can be expensive for accounts with smaller balances.

Rocket Dollar Services and Products

Rocket Dollar offers self-directed IRAs and Solo 401(k)s, enabling customers to invest their retirement savings in various assets like real estate, private company stocks, cryptocurrencies, precious metals, and more. The company's services are structured to provide an LLC for each client, offering a unique investment opportunity within an IRA.

  • Self-Directed IRAs
  • Solo 401(k)s
  • LLC Structure for Investments

Rocket Dollar FAQ

Is Rocket Dollar a reputable company?

Yes, Rocket Dollar is a reputable company, founded in 2018 and providing unique retirement investment options.

How long has Rocket Dollar been in business?

Rocket Dollar has been in business since 2018.

Who is the owner of Rocket Dollar?

Rocket Dollar was founded by Henry Yoshida, Rick Dude, and Thomas Young.

How does Rocket Dollar work?

Rocket Dollar allows individuals to invest in a variety of assets through self-directed IRAs and Solo 401(k)s, with an LLC structure for each client.

Before Investing With Rocket Dollar

Investors should consider obtaining . This guide can assist in making informed decisions about investing in precious metals, aligning with Rocket Dollar's investment options.

Rocket Dollar Homepage

Contact Rocket Dollar

  • Phone: 855-762-5383
  • Email: info@rocketdollar.com
  • Address: 2028 East Ben White Boulevard Suite 240-4010, Austin, TX 78741
  • Founded: 2018
  • Alternate Name: RocketDollar.com
  • Category: Self-Directed IRA Company
Rocket Dollar Address

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