You no longer have to wait for a cryptocurrency company to execute your crypto transaction and pay high commissions. Instead, as manager of the IRA LLC, all decisions are truly yours. Buying cryptocurrency is as easy as doing a wire!
You Control All
You will not have to rely on an IRA custodian or broker to control your cryptos and you will be free to buy, sell, exchange, or transfer the cryptos anytime you wish either via an exchange or a wallet. Buy and sell cryptocurrencies on your own with total control and security with IRA Financial Group’s Self-Directed IRA cryptocurrency solution.
You have all the tax advantages of a traditional IRA, as well as tax deferral and tax-free gains if you use a Roth IRA. All income and gains from the sale of the cryptocurrency investment go back to the Self-Directed IRA LLC tax-free!
Speed & Options
You can invest in any type of cryptocurrency, such as Bitcoins or Ethereum. When you decide to buy cryptocurrencies with your retirement funds, simply write a check or wire the funds straight from your Self-Directed IRA LLC account to make the investment.
The IRS tax treatment of virtual currency has created a favorable tax environment for retirement account investors. In general, when a retirement account generates income or gains from the purchase and sale of a capital asset, such as stocks, mutual funds, real estate, etc., irrespective of whether the gain was short-term (held less than twelve months) or long-term (held greater than twelve months), the retirement account does not pay any tax on the transaction and any tax would be deferred to the future when the retirement account holder taxes a distribution (in the case of a Roth IRA or Roth 401(k) Plan no tax would be due if the distribution is qualified).
- Gains are tax-free
- No time limit for holding property
- Potential to earn larger rate of return
- Diversify your retirement portfolio
- Protect your retirement funds
- Invest with privacy
When purchasing cryptocurrencies, such as Bitcoins, with a Self-Directed IRA LLC, all income and gains generated by your pre-tax retirement account investment would generally flow back into the retirement account tax-free. Instead of paying tax on the returns of the crypto investment, tax is paid only at a later date, leaving the investment to grow unhindered.
The Internal Revenue Code does not describe what a Self-Directed IRA LLC can invest in, only what it cannot invest in. Internal Revenue Code Sections 408 & 4975 prohibit the IRA holder and his or her lineal descendants (“disqualified persons”) from engaging in certain types of transactions that would directly or indirectly personally benefit a “disqualified person”. Therefore, one can use retirement funds to purchase any type of cryptocurrencies, such as Bitcoins, Litecoin, Ethereum, Ethereum Classic, Zcash, Dash, Ripple, Monero.
We are Giving You a Chance to
Internet access has been declared a human right by United States, its start-up culture is booming and its citizens and businesses have been able to enjoy the use of many streamlined digital public services.
billion USD — excepted revenue of coins by 2020
million potential clients worldwide
no borders for international payments
1 STMX token price
In the News
Our clients – both corporate and private ones – will access all the services they need from a single platform. Blockchain technology gives us the chance to make your finances grow faster and give better returns.