XRP now accepted on 401K and self-directed IRAs
Digital currency is the most discussed alternative investment options over the past few years. The fact that allows instantaneous transactions and borderless transfer-of-ownership, make this option perfect for people that want to move around the world. Holding digital currency in a retirement account has been allowed since 2014. I believe that people with retirement account may account for a few percentage of the overall crypto-crowd.
Although this seems to be a good news (since could potentially push the price of all the cryptos to the moon), I would not put my tokens in a bank/institution (where they could be counted and taxed)!!!! (that would go against my main purpose of holding cryptos).
On August 31, Ripple announce is been accepted on IRAs retirement accounts and in self-directed IRAs(although this last has not been updated on the web page).
Here I put the link for you to read. Please add to the common knowledge and spread the word!
Thanks!