bitcoinbadger on Nostr: Jumping onto this thread because I've thought about reaching out to a Swan advisor. ...
Jumping onto this thread because I've thought about reaching out to a Swan advisor. That is a pretty major brain drain of good people from Swan - and I've tolerated them holding the keys to my IRA bitcoin because...
1) I've appreciated their education focus and the thought leadership they have in the area (of which Lyn Alden, Sam Callahan, Stephan Livera, Boyapati, Tomer, etc). At least 3 of those thought leaders are no longer with Swan.
2) they insist companies like Unchained (and their clients) may be caught offsides if the IRS decides to interpret the McNulty case to the point that having 2-of-3 keys to your IRA would be considered "unfettered access"...even though that 3rd key could act as an audit key. So I've kept with Swan while hoping nothing goes awry before I turn 59 1/2 (3 more years).
I think the only OTHER highly trusted provider in the Bitcoin IRA space - along with several other offerings - is Unchained...and they do happen to be in Austin (so hat tip from a Texan that went to UT Austin). Not sure if River does IRAs.
Regardless, I had considered spreading my eggs across more than one basket in order to mitigate risk. But I want an in-kind transfer of BTC to BTC.
1) I've appreciated their education focus and the thought leadership they have in the area (of which Lyn Alden, Sam Callahan, Stephan Livera, Boyapati, Tomer, etc). At least 3 of those thought leaders are no longer with Swan.
2) they insist companies like Unchained (and their clients) may be caught offsides if the IRS decides to interpret the McNulty case to the point that having 2-of-3 keys to your IRA would be considered "unfettered access"...even though that 3rd key could act as an audit key. So I've kept with Swan while hoping nothing goes awry before I turn 59 1/2 (3 more years).
I think the only OTHER highly trusted provider in the Bitcoin IRA space - along with several other offerings - is Unchained...and they do happen to be in Austin (so hat tip from a Texan that went to UT Austin). Not sure if River does IRAs.
Regardless, I had considered spreading my eggs across more than one basket in order to mitigate risk. But I want an in-kind transfer of BTC to BTC.