Retirement accounts offer tax-free crypto investing forever and provide an effective way to lower overall portfolio risk, said ForUsAll CEO David Ramirez. AUSTIN, Texas — David Ramirez, CEO of 401(k) provider ForUsAll, said Wednesday at the Consensus 2023 Festival that an individual retirement account (IRA) or a 401(k) are a "great place" to invest in bitcoin (BTC). Ramirez, who shared the stage with John Haar, managing director of private client services at Swan Bitcoin, stated two reasons for putting BTC into retirement accounts such as an IRA and 401(k). Read full coverage of Consensus 2023 here. The first was "tax-free crypto investing forever with Roth dollars," stated Ramirez, referring to Roth IRAs, but "more than that it can be an effective way of lowering overall portfolio risk" because IRAs are tax-deferred, which allows people to have "better writeouts" for market highs and lows. Ramirez indicated that confidence in Soc...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)