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Claus Wilke pfp
Claus Wilke
@clauswilke
To celebrate $DEGEN airdrop day, I wrote a post about how to make the most of the tax liability that comes with an airdrop. If you're clever, you can turn it into a tax-free investment into crypto assets! Read my article for details. https://paragraph.xyz/@clauswilke/airdrop-tax
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Darryl Yeo đŸ› ïž pfp
Darryl Yeo đŸ› ïž
@darrylyeo
What other crypto IRA services are people using besides Alto IRA?
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Claus Wilke
@clauswilke
Here are a few others. I think the most popular one is iTrustCapital, but when I looked into it some years ago they were very expensive (took a fixed percentage of capital under deposit each year). This may have changed. https://www.investopedia.com/best-bitcoin-ira-companies-5115296
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Claus Wilke
@clauswilke
On Alto, you just pay the regular Coinbase trading fee. It's like a tax-advantaged Coinbase account (but you can't withdraw, of course).
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Darryl Yeo đŸ› ïž pfp
Darryl Yeo đŸ› ïž
@darrylyeo
The handful of crypto IRAs I've tried in the past were basically glorified CEXes with very unfavorable spreads. Feels like someone's gotta have made an IRA wrapper for regular self-custody EOA wallets by now. Or maybe a smart wallet with some clever account-abstraction rules baked in so you can't improperly withdraw.
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