I was part of a discussion with some investors a few weeks back about how to tap IRA funds and all the rules and regs that go along with it. There are many reasons to want to tap IRA funds or move large amounts of funds into IRAs, i'll leave those to another discussion, but I wanted to bounce off an idea I have to do this.
The basics of an option contract is that it is a zero-sum game. There is a buyer and a seller of each contract. What if your IRA was the buyer and your personal brokerage account was the seller? Seems like an endless amount of possibilities with transferring large amounts of money in/out of an IRA as needed.
Thoughts??
The basics of an option contract is that it is a zero-sum game. There is a buyer and a seller of each contract. What if your IRA was the buyer and your personal brokerage account was the seller? Seems like an endless amount of possibilities with transferring large amounts of money in/out of an IRA as needed.
Thoughts??
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