NEW YORK/February 12, 2018 (STLRealEstate.News) IRA Financial Group, the leading provider of self-directed IRA LLC and Solo 401(k) Plans, announces the findings from its client survey on the most popular cryptocurrencies held by self-directed IRA and Solo 401(k) plan clients.
According to the survey, Bitcoin, Ethereum, Lirecoin, Ripple, and Bitcoin Cash were the five most popular cryptocurrencies held by IRA Financial Group and IRA Financial Trust clients since June 2017. “Not surprisingly, the top five cryptocurrencies held by our wallet control IRA and self directed Bitcoin 401(k) plan clients largely resemble the five most widely held cryptocurrencies, stated Adam Bergman, a partner with the IRA Financial Group.
According to Mr. Bergman, most of our self-directed Bitcoin IRA and solo 401(k) plan clients have looked at cryptocurrencies as a way of diversifying their retirement portfolio while at the same time gaining exposure to an emerging asset class. Accordingly, a good majority of our cryptocurrency clients have used traditional cryptocurrency exchanges which generally offer the more popular cryptocurrencies, such as Bitcoins and Ethereum.
IRA Financial Group & IRA Financial Trust Company’s Crypto IRA platform with wallet 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. “Our self-directed IRA and Solo 401(k) plan clients have looked to the most widely held cryptocurrencies as a way to hold n emerging asset class in a tax efficient matter,” 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, 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 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.