IRA Financial Launches New Digital Solution for Using IRA Funds to Buy Bitcoin Directly from Cryptocurrency Exchange and Custodian Gemini
IRA Financial announced today that it has become the first Self-Directed IRA Custodian to allow IRA and 401(k) plan clients to buy Bitcoin directly from Gemini Trust Company, LLC (Gemini), a cryptocurrency exchange and custodian, for one low fee without an LLC or using a Third-Party Broker.
NEW YORK, Nov. 19, 2019 /PRNewswire-PRWeb/ -- IRA Financial Group & IRA Financial Trust Company, a leading financial technology self-directed IRA and 401(k) plan provider & custodian, is excited to announce its new digital solution for Bitcoin and other cryptocurrency investments.
"IRA Financial has integrated with Gemini to be the first self-directed retirement provider to allow for Bitcoin and other cryptocurrency investments directly from our digital app," said Adam Bergman, President of IRA Financial. "We wanted to offer a solution that allows our clients to buy cryptocurrencies directly through an exchange without the need for using an LLC or a third-party broker firm."
This new digital solution will allow our self-directed IRA and 401(k) plan clients the ability to buy and sell cryptocurrencies at any-time without the need of a broker, control transaction costs by sidestepping the need for an LLC or costly broker, and best of all, trust Gemini as the licensed and qualified custodian of their cryptocurrency private key. We strongly believe that the best way to buy bitcoin and other cryptocurrencies with IRA funds is with this solution– which provides the IRA client with total control over their cryptos and the ability to do away with the need for an LLC or excessive broker commissions.
IRA Financial Group & IRA Financial Trust Company's self-directed IRA and solo 401(k) plan platform allows investors to invest in IRS approved alternative asset investments digitally and with no account valuation or minimum balance fees. The primary advantage of using a self-directed IRA to make private IRS approved alternative asset investments, such as real estate, is that one can diversify their retirement assets and invest in what one knows and trusts.
IRA Financial Group is the market's fastest growing provider of self-directed retirement plans. IRA Financial Group has helped over 16,000 thousand clients take back control over their retirement funds while gaining the ability to invest in almost any type of investment, including real estate, cryptocurrency, and private business investments.
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 multiple articles on how to use a self-directed IRA to buy cryptocurrencies.
Adam Bergman, IRA Financial Group partner, has written seven books on the topic of self-directed retirement plans, including, "How to use Retirement Funds to Purchase Cryptocurrencies, "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.
SOURCE IRA Financial Group
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