I own an alternative asset in another custodian in a Self-Directed IRA. Can I transfer this to my checkbook IRA account within my Rocket Dollar Self-Directed IRA?
Rocket Dollar is offering in-kind transfers for selective individuals.
To learn more about in-kind transfers, please review our detailed knowledge base article here.
Is there any way to avoid doing an in-kind transfer?
You can sell your asset inside your current retirement account, roll over cash at no extra charge, and then buy a similar asset. Be sure not to commit a prohibited transaction between your personal assets and your retirement account.
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