Replying to Avatar btconboard #LNHANCE or #CTV

If you know anyone with a large ETF position you should try to get them to explore self custody alternatives. It’s never been easier and we’ve never had more options. For a small amount a bitkey is so clean and easy. For a medium amount an Unchained or Casa vault using coldcard cannot be beat. For a whale they should look into Anchorwatch - get insurance to appeal to normies. All of these options have a safety net where others can help you in case you mess up. We’ve come so far. We are winning!!
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Brunswick 1y ago

How do they get their retirement funds out without paying the majority to the government in fines and taxes?

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btconboard #LNHANCE or #CTV 1y ago

It’s a fair general point that it’s hard and they don’t have a ton of options. If they have a 401k they can rollover to an IRA, or take an existing IRA, and open an Unchained IRA. That’s the best option that I’ve seen.

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Brunswick 1y ago

I heard a self custodial (like physical gold) ira doesent allow you to roll over, you basically have to start over with maximum contributions every year and they have a ton of compliance auditing and reporting requirements (expensive to maintain). No idea if unchained is the same way, but i suspect they are. Any ideas?

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btconboard #LNHANCE or #CTV 1y ago

There is a lot of nuance here and I think the best path would be for that person to reach out to Unchained.