Rocket Dollar
Regulation Crowdfunding offering on Republic (OpenDeal Portal)
$429,529
of $1.07M goal
40.1% funded
About the offering
Most Americans are not aware that their IRAs or 401(k)s can be used for investments outside of stocks, bonds, and mutual funds. The IRS has few limitations on investments that are not allowed inside of a retirement account. Yet, few know this, and the ones that do are frustrated by the cost and complexity of using their retirement savings to make investments in Real Estate, Private Equity, Crowdfunding, and other alternative asset classes. Yes, you can invest in this or other Republic opportunities via your IRA or 401(k) see www.rocketdollar.com/partners/republic-details. Investing in alternative assets inside of retirement accounts is not a new concept. However, before Rocket Dollar, creating a self-directed account could cost thousands of dollars and require an attorney and CPA to set up and fund an account. Our founders experienced the pain of setting up and using self-directed accounts for their own personal investing. They knew that there had to be a better way to leverage the technology of today with a legacy process. Our competition made Rocket Dollar possible by being stodgy, inefficient, and expensive. This trend continues to cement our competitive advantages - efficiency and customer satisfaction through technology - transparent and fair pricing - responsive customer service - and full control over one's retirement savings. Solution - Rocket Dollar was founded on the belief that tools available to the wealthy should be available to everyone. Everyone should be able to invest their own retirement money in whatever they want, not just a short menu of mutual funds offered to them by their advisor or plan sponsor. Our team has created a process that makes it fast and straightforward for anyone to create, fund, and invest in virtually any permissible assets they wish with their retirement savings, with no penalties associated with early withdrawals.
FAQ
How much has Rocket Dollar raised?
Rocket Dollar has raised $429,529 of a $1.07M goal.
Where is Rocket Dollar's campaign listed?
The offering is listed on Republic (OpenDeal Portal), an SEC-registered Reg CF intermediary.
What are the terms of Rocket Dollar's raise?
SAFE, $20M cap, 10% discount.
When does Rocket Dollar's offering close?
The stated close date is Mar 27, 2020.
