My goal in writing this book is to help show cryptocurrency investors with an IRA or 401(k) plan that using retirement funds to purchase bitcoin or other cryptocurrencies has enormous tax benefits and is quite easy and inexpensive
NEW YORK (PRWEB) February 19, 2018
Newly released book by Adam Bergman is the first to address the topic of using a self-directed IRA or Solo 401(k) plan to purchase Bitcoin and other cryptocurrencies.
How to Use Retirement Funds to Purchase Cryptocurrencies in a Nutshell, by Adam Bergman is the first book to address in detail the subject of how to use retirement funds to purchase bitcoin and other cryptocurrencies.
Adam Bergman’s new bitcoin self-directed IRA book will help one discover how easy it is to use a self-directed IRA or 401(k) plan to invest in cryptocurrencies. The book will dive into the subjects of: (i) how cryptocurrencies work, (ii) which cryptocurrency exchange to use and how to set up your own account, (iii) US regulation and tax treatment of cryptocurrencies, (iv) prohibited transaction rules involving cryptocurrencies, (v) Cryptocurrency mining and taxation, and much more. “My goal in writing this book is to help show cryptocurrency investors with an IRA or 401(k) plan that using retirement funds to purchase bitcoin or other cryptocurrencies has enormous tax benefits and is quite easy and inexpensive,” stated Adam Bergman.
According to Mr. Bergman, “Cryptocurrency represents a new and exciting option for retirement investments from an investment and diversification standpoint. I hope my book helps introduce cryptocurrency investors to the tax advantageous option of using retirement funds to purchase bitcoin and other digital assets."
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.
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, the retirement account holder have total control over his or her cryptocurrencies and can hold them through an exchange or via a digital or hardwallet. No need to pay commissions and account value fees to IRA custodians, with IRA Financial Group’s “Wallet Control” IRA one can take control of their cryptocurrencies. 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 seven 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.