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#SECGATE Update: SEC & Ethereum vs. Ripple / XRP / Crypto Industry

Daily XRP News

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Daily XRP News
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  2. It looks like we are going to have more struggles with crypto with respect to our Roth IRA's with itrust capital. According to the Wall Street Journal article "Retirement Savers Love the Backdoor Roth IRA Strategy. It Might Not Last." describes what's in the works.

    It states, Many Americans are using a previously little-known tax method to boost their savings. Now, the government is trying to stop it. The tax strategy at issue is the mega-backdoor Roth conversion and it has allowed some Americans to amass sizable balances in tax-free Roth retirement accounts. On Sept. 15, the House Ways and Means Committee approved legislation from House Democrats that would prohibit use of the mega-backdoor Roth conversion starting Jan. 1, 2022.

    I'm going to go out on a limb here and postulate that they would be doing this for our protection? I wonder if this will get any attention before it's to late.

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