IRA Financial Group Introduces Private Key Control Self-Directed IRA Structure for Cryptocurrency Investors
NEW YORK (PRWEB) January 08, 2018 -- IRA Financial Group, the leading provider of self-directed IRA LLC and Solo 401(k) Plans ,announces the launch of its private key control self-directed IRA LLC structure for cryptocurrency investors. With IRA Financial Group’s private key control self directed IRA bitcoin LLC solution, bitcoin and cryptocurrency investors will be able to open their crypto exchange account in the name of their self-directed IRA LLC and have control over the bitcoins or cryptocurrencies purchased by their bitcoin IRA either via the exchange or a digital or hardwallet in their possession. “We have seen a stong demand from cryptocurrency clients who want to have control over their cryptos as well as the private and public key associated with their crypto wallet.” stated Adam Bergman, a partner with the IRA Financial Group.
According to Mr. Bergman, cryptocurrency retirement account investors have been frustrated by a number of IRA custodians in the marketplace who are requiring that they use related brokers to purchase the cryptos and give up control over their private key associated with the cryptocurrencies.
IRA Financial Group & IRA Financial Trust Company’s Crypto IRA platform with checkbook control will allow retirement account holders to buy, sell, or hold Bitcoins and other cryptocurrency assets and generate tax-deferred or tax-free gains, in the case of a Roth IRA. The primary advantage of using a self-directed IRA LLC to make Bitcoin investments is that all income and gains associated with the IRA investment grow tax-deferred or tax-free in the case of a Roth IRA. “The first thing you learn about investing in cryptos is to not give up your private key, but that is what certain IRA custodians are requiring of crypto IRA investors.” Stated Mr. Bergman.
IRA Financial Group & IRA Financial Trust Company has partnered to offer a total control private key Bitcoin IRA LLC platform for cryptocurrency investors. With IRA Financial Group’s private key crypto solution, you have total control over your cryptos and can hold them yourself either via a digital or hardwallet. No need to pay commissions and account value fees to IRA custodians, take control of your cryptocurrencies with IRA Financial’s total control private key self-directed IRA LLC crypto solution. IRA Financial Group’s self-directed IRA LLC is an IRS approved structure that allows one to use their retirement funds to make Bitcoin and other investments tax-free and without custodian consent.
IRA Financial Group is the market's leading provider of self-directed retirement plans. IRA Financial Group has helped thousands of clients take back control over their retirement funds while gaining the ability to invest in almost any type of investment, including real estate without custodian consent.
The IRA Financial Trust Company, a self-directed IRA custodian, was founded by Adam Bergman, a partner with the IRA Financial Group. Mr. Bergman is a leading expert on the taxation of retirement funds and has authored multiples articles on how to use a self-directed IRA to buy cryptocurrencies.
Adam Bergman, IRA Financial Group partner, has written six books the topic of self-directed retirement plans, including, “The Checkbook IRA”, “Going Solo,” Turning Retirement Funds into Start-Up Dreams, Solo 401(k) Plan in a Nutshell, Self-Directed IRA in a Nutshell, and in God We Trust in Roth We Prosper.
To learn more about the IRA Financial Group please visit our website at http://www.irafinancialgroup.com or call 800-472-0646.
Jaclyn Baily, IRA Financial Group, LLC, http://www.irafinancialgroup.com, +1 (800) 472-0646 Ext: 9, [email protected]
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