3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC108: Bitcoin Retirement and Inheritance Planning w/ Jeff Vandrew and Phil Geiger (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

What You Mean by Checkbook IRAs?

Jeff Smith: Talk to us a little bit about checkbook IRAs. Explain what that term means and just kind of give us a one over the world on your opinions of IRAs. If someone wanted to hold Bitcoin in an IRA, they didn't want those keys to be held on an exchange or some sort of other, you know, Bitcoin custodian or whatever the case might be. The only way to do it back then was through a checkbook IRA where you put in basically slapped an LLC in between the IRA custodian and the underlying investment.

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