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A Tax Shelter For Your Crypto With The Ability To Hold Your Own Keys

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@joshman
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If you are a citizen of the United States, you have few options to shelter your assets from taxes, liens, and general liability (depending on your state). One such vehicle is an Individual Retirement Account (IRA). A self-directed IRA is one where you have direct control over the assets within the IRA. Kingdom Trust is at the forefront of creating self-directed IRA products, so it is no surprise that they have created a cryptocurrency-centric one.

Hold Your Own Keys

Per their website:

They have 3 membership options, while the first two are free, the "Hold Your Keys" option allows you to be custodian of your own crypto and hold your own keys. While it is not clear at this point what they will be charging for the privilege, I can't imagine it will be too cost prohibitive if you have any significant holdings. I'm also not certain which digital assets they will support. We will find out.

Not Just Crypto

Another interesting aspect of their service, is you can use it as a vehicle to hold other investments as well. Per their website:

Choice members can trade via Interactive Brokers and Kraken from a single account. Or use cash to buy gold, land and more.

The Verdict

It will cost you nothing to get on the waiting list, so I encourage you to do so via the link below if you are at all interested. There are 23k people on the waiting list, and they are processing 100 applications at a time. After I finally get onboarded, I will share the details in a future blog post.

Referral Link:

https://www.retirewithchoice.com?kid=1BN4QK

NOTE:Because there is a referral link, I am setting the beneficiary of this post to the DHF.

Posted Using LeoFinance Beta