LEVLHED on Nostr: Yes, I've already got my IRA LLC account w you. It's the custodial part that is with ...
Yes, I've already got my IRA LLC account w you. It's the custodial part that is with someone else. I may not fully understand everything, but being the entity that records/reports contributions and values to the gov't is a different thing. I wire my personal after tax income to them designated as a Roth contribution, once they receive it I have to have them wire it to my ROTH IRA's business checking account. From there I can finally invest it under the Roth.
Published at
2023-08-02 16:35:36Event JSON
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"content": "Yes, I've already got my IRA LLC account w you. It's the custodial part that is with someone else. I may not fully understand everything, but being the entity that records/reports contributions and values to the gov't is a different thing. I wire my personal after tax income to them designated as a Roth contribution, once they receive it I have to have them wire it to my ROTH IRA's business checking account. From there I can finally invest it under the Roth.",
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