Jaime Raskulinecz, CEO of Next Generation Trust Company, has announced a strategic partnership with ETZ Soft, a third-party platform that enables Next Generation clients to trade and invest directly in cryptocurrency through their self-directed IRAs. This move addresses growing demand from investors seeking to diversify retirement portfolios with digital assets while maintaining the tax benefits of self-directed retirement plans.
Next Generation, a full-service account administrator and asset custodian for self-directed IRAs and other self-directed plans, already allows cryptocurrency among its many alternative assets. ETZ Soft services clients of leading self-directed IRA custodians to enable tax-advantaged cryptocurrency investing, with institutional-grade custody and trading powered by Coinbase Prime. The integration allows investors to allocate a portion of their retirement funds to trade directly on ETZ Soft, streamlining the process of adding crypto exposure to their retirement strategy.
Raskulinecz emphasized the importance of ease of use, stating that the platform simplifies the investing experience for clients interested in digital assets. ETZ Soft acts as a bridge between self-directed retirement plans and cryptocurrencies, allowing investors to first open and fund an account at Next Generation Trust Company, then download the ETZ Soft mobile app, create an IRA subaccount with a funds transfer from their self-directed IRA, and start trading digital assets 24/7. The top 50 coins are available, along with tokenized gold.
Seth Bergida, Head of Client Success for ETZ Soft, noted that self-directed IRA clients are increasingly seeking crypto exposure as part of a broader alternative asset strategy, and custodians need a secure, compliant solution. The partnership makes it easier for clients to invest in crypto without adding operational complexity for Next Generation. In a self-directed IRA, all income and expenses must flow through the account to comply with IRS guidelines, so funds for crypto trading must come from the client's IRA into the ETZ sub-account, and any cash distributions after asset sales return to the self-directed IRA.
This strategic partnership highlights the growing convergence of traditional retirement planning and digital asset investing. For more information about Next Generation Trust Company, visit NextGenerationTrust.com. Details about ETZ Soft are available at etzsoft.com.
