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One of America’s top firms for physical IRAs has recently launched a new IRA for digital assets, including Bitcoin, Litecoin, Ethereum, Ethereum Classic, Dash and Ripple.
“Demand for cryptos in an IRA has reached unprecedented levels and finding a reputable and trustworthy company to purchase from is becoming a top priority for new investors,” says Mr Tyler Gallagher, CEO of Regal Assets.
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Even though Regal Assets sometimes brand this product as a Bitcoin IRA, it can actually contain several popular kinds of electronic coins.
Demand for a digital asset IRA may have peaked in recent months but Regal Assets has actually been exploring the idea of this kind of retirement account for a long time.
Just recently, there have been news articles about the IRS wanting to obtain information about large investors from a large online wallet and trading service. Because of this kind of news, it became obvious that many cryptocurrency investors needed to add tax planning to their trading plans.
Mr. Gallagher said that they have been developing the product for over a year before its release and announcement. The company wanted to take plenty of time to develop a secure, intuitive, and reliable process. Since the company already has developed a good reputation in the Gold IRA space, they did not want to risk that reputation until they were certain that their digital IRA system was fully developed.
Mr. Gallagher added that he believed investments in physical precious metals, like gold and silver, will probably merge well with new investments in electronic currencies. Investors who like to trade physical assets also have an interest in the newer world of electronic assets.
In business since 2009, Regal Assets developed its reputation by helping people allocate parts of their current retirement accounts into physical assets. Instead of just using stocks, currency, and other traditional types of trading instruments, many people were interested in storing gold and other precious metals away for their retirement. They wanted to enjoy the same tax advantages that people enjoyed with more traditional IRAs.
Judging by the company’s third-party ratings, they have done a good job providing services and maintaining trust with their customers. On sites like the BCA, BBB, and TrustLink, the company has accumulated thousands of high ratings. On TrustLink alone, Regal Assets has more than 1,000 5-star ratings. Some positive reviews about the company include quick and friendly customer support, reasonable trading and investment fees, and quick, reliable precious metal deliver.
The company’s CEO, Mr. Gallagher, has also been featured on such news shows as “The News With Ed Schultz” as the gold expert. Both the CEO and Regal Assets have been the topic of features in a number of news articles in Smart Money, Market Watch, The Street, Hollywood Reporter, and Reuters. The company has been ranked in the Inc. 500 for growing family, and it ranked 20th for U.S. financial services.
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