While some bitcoin IRA providers can charge up to 25% on commissions, IRA Financial Group’s wallet control IRA allows the IRA investor to work with any cryptocurrency exchange and maintain control over the process as well as reduce fees
IRA Financial Group, the leading provider of self-directed IRA LLC and Solo 401(k) Plans, is proud to announce that the average self-directed cryptocurrency IRA client paid less than 1.5% on commissions involved in buying and selling cryptocurrencies with their IRA. “We strongly believe that the most cost effective and secure way to purchase cryptocurrencies with retirement funds is through the wallet control self-directed IRA LLC solution,” stated Adam Bergman, a partner with the IRA Financial Group.
According to Mr. Bergman, there are a number of bitcoin and cryptocurrency IRA providers that are requiring their clients to purchase cryptocurrencies through their own brokers at a commission that can go as high as 25%. The self-directed bitcoin IRA client is required to contact the broker by phone only during regular business hours and then is requited to purchase the cryptocurrencies only from the related broker. In addition, the self-directed IRA client does not retain their own cryptocurrency wallet or hold their own private key. Moreover, the client is only able to purchase the cryptos offered by the broker and can only transact during regular business hours even though the cryptocurrency market is 24/7.
IRA Financial Group & IRA Financial Trust Company’s self directed bitcoin 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. “With our wallet control IRA, the IRA holder will be able to use IRA/401(k) funds to buy, sell, or exchange any type of cryptocurrency through the exchange of their choice and have the ability control fees and hold the cryptos in their own wallet,” stated Mr. Bergman.
IRA Financial Group & IRA Financial Trust Company have 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.