Rocket Dollar Can Change How You Think About an IRA — And Supercharge Your Earnings – AskMen


Diversify Your Portfilio with Rocket Dollar

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Guys, passive investing just doesn’t do it anymore. Sure, you can push money into a managed portfolio with a safe collection of stable stocks and funds, but if your nest egg only grows at a small measured rate year after year, it may not ultimately bring you the kind of money that you really need when your retirement day finally comes.

Nowhere is that slow, methodical approach to investing more in effect than in those IRA and 401(k) retirement accounts. Whether it’s a traditional or Roth IRA, or a 401(k), banking institutions build those investment options with utmost security and protection in mind. However, their safe and approved stocks, bonds, and mutual funds don’t include the possibility for loads of other investment options that could bring much higher returns.

From investing in the right real estate development to backing a company on the rise, those avenues and others aren’t part of traditional retirement accounts. Rocket Dollar thinks they should be, which is why their Self-Directed IRA option opens the door to putting retirement money into investments that a traditional and Roth IRA won’t. 

While it’s a revolutionary idea, the reality is that it certainly isn’t a new idea. In fact, structuring an IRA for higher-yield investing has been a tactic of the uber-rich for a while. PayPal co-founder Peter Thiel made news when it was revealed his modified Roth IRA that stood at $2,000 in 1999 was now up to an eye-popping $5 billion, all while enjoying the tax-protected status that makes IRAs and 401(k)s such attractive options in the first place.

While the avenues are available to do what Thiel did, they’ve often required loads of financial knowledge and a meticulous approach to its management so as not to run afoul of elaborate, tricky tax laws.

Rocket Dollar has hacked through all that red tape, offering a Self-Directed IRA option that allows users to easily include legal investments capable of higher returns into their retirement accounts while remaining secure from heavy tax penalties when they hit big.

The Rocket Dollar app makes the process simple, opening up your IRA possibilities to any asset class the IRS allows in other funds. Cryptocurrency isn’t a part of traditional IRAs, but Rocket Dollar makes it easy to add that type of speculation to your retirement portfolio. That also goes for real estate development or buying into other investment properties. 

Becoming an early investor in a company hasn’t usually been possible with a standard IRA or 401(k) either, but Rocket Dollar provides the ability to back startups with your retirement dollars, then keep your returns in your Self-Directed IRA and shield them from heavy tax burdens.

Rocket Dollar not only streamlines those transactions, but the app also provides a library of resources so investors can make well-informed decisions about their financial future.

Meanwhile, Rocket Dollar members also get access to their staple of customer service experts, all versed in IRAs and tax rules so they can help guide users through their IRA options and make the best decisions for them.

Investors can find out how to get started with a Rocket Dollar IRA or solo 401k account today. And Rocket Dollar doesn’t rig their services with heaps of extra hidden fees either. Account startups start for a one-time fee as low as $360, while a $15 monthly membership retains access to all of Rocket Dollar’s account invigorating abilities.

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