I want to roll over my previous employer pension/401K to invest in cryptocurrency with Gemini. Will creating an LLC affect my social Security disability payments if own a business?
An IRA LLC is merely a structure to passively invest your retirement funds and is not a business. Therefore, the investments grow on a tax deferred basis until IRA distributions commence, usually at retirement or when you reach the required minimum distribution age.
I have the privilege of educating our clients about our products and services so that they can make informed and confident decisions about their financial future. Prior to joining My Solo 401k Financial, I served as the general counsel for a subsidiary of a Fortune 500 financial services company. Learn more about George Blower and My Solo 401k Financial >>
We help our clients take control of their retirement money. Our products and services provide our clients the freedom to invest their retirement savings in their own business as well as alternative investments such as real estate, private companies, promissory notes, precious metals, tax liens and equities. Learn more