ICTA.ORG

1040taxman · December 24, 2003 5:27AM

Since I am new to the boards,I am not sure if this topic has been discussed previously.Industry Council for Tangible Assets (I.C.T.A.) has standard letters that can be sent to your senator and the house of representatives that request S.935 and H.R.1820 be considered for investing rare coins in retirement plans.Currently,only corporate pension plans can take advantage of this.Congress took this away from individuals a number of years ago.You can e-mail the forms or sent it U.S.postage.This could be advantageous to the industry.THX.

mgoodm3 · December 24, 2003 5:28AM

Coins, best left to collecting and not investing.

cosmos66 · December 24, 2003 5:29AM

Welcome to the boards and thanks for the info.

Barry · December 24, 2003 5:48AM

May be good for the industry, but I think it would be bad for the consumer. If it is brought back, it should be restricted to those with certain asset levels, as is done with hedge funds and futures funds.

Conder101 · December 24, 2003 6:02PM

Do they have letters we can send them urging them to oppose the bills?

wallstreetman · December 24, 2003 6:56PM

Sounds like a good idea!

ICTA.ORG

Comments

Leave a Comment