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Title: [2016-09-04]Startup Uses US Bitcoin Law to Innovate IRA Investments Post by: WishICanTurnBackTime on September 04, 2016, 04:27:06 PM In 2010, an article published in the Forbes magazine had found that over 75% of US citizens nearing retirement age had less than $USD30,000 in their retirement savings account. It was later called “the greatest retirement crisis in American history,” which influenced financial analysts to look for the reasons behind such drastic numbers.
http://www.livebitcoinnews.com/startup-uses-us-bitcoin-law-to-innovate-ira-investments/ Title: Re: [2016-09-04]Startup Uses US Bitcoin Law to Innovate IRA Investments Post by: Coin-Keeper on September 05, 2016, 06:45:45 PM In 2010, an article published in the Forbes magazine had found that over 75% of US citizens nearing retirement age had less than $USD30,000 in their retirement savings account. It was later called “the greatest retirement crisis in American history,” which influenced financial analysts to look for the reasons behind such drastic numbers. http://www.livebitcoinnews.com/startup-uses-us-bitcoin-law-to-innovate-ira-investments/ I have been watching this for some time now. A couple of years ago I told several friends that I would strongly consider investing a percentage of my IRA in BTC if the Gov allowed it. It appears they do now, but I am still doing my homework on this approach. I would be more inclined to do this if I controlled the coins in my own wallet. I have the same issue with Gold IRA's too. Both Gold and BTC being "held" by someone on my behalf just leaves me feeling out of control. But that is how it goes to get the tax advantage. Hmmm??? |