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
Very interesting, now I just need to acquire the wealth of which to hide. My Hive Wallet is the biggest source of monetary value, and blogging constantly the last three months only to lose $800 of account value. Times are tough for HIVE, I can't even blog to keep up with inflation and maintain a steady account value.
Anyhow, I need to start looking at diversifying my crypto savings. With HIVE's increasing unpredictability, and the value super low, I am now doing my research and considering moving a chunk of my HIVE assets elsewhere. I've never withdrawn even 1 HIVE yet, but the last month has been disheartening.
I see a lot of crap short posts getting huge payouts, both low and high rep accounts, and tons of hiqh quality posts falling by the wayside. It seems we are back to the same problems that existed on Steem so long ago.
Oh look, now I'm ranting, anyhow, thanks for sharing this info, will do some research on it when I have time.
Reblog your posting dear
thank you dear
Mostly well come 🥰 dear
Buenos días amigo @joshman deseo que se encuentre bien al igual que su familia amigo , que es de su vida que no a vuelto a publicar . Que tenga un feliz día .
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