Recent content by Leviathan

The "tax savings" of a deferal is forced into the plan. When you borrow these dollars out they must be repaid with after tax dollars. You have then "requalified" those dollars without having either initial deferral or deduction. Then at retirement those same dollars and every dollar of growth...

def, I asked IB about using this account for a few friends and was told that IB required RIA status even if you are trading for 4 or less people. Do you expect IB to change this requirement? Thanks.

Gordon, Threei said something on SI a couple of years ago that I read and took to heart. I've been trading since 1997 and had all of the ups and downs..... His statement was "trade what you see, not what you think" I've been solid ever since I let that phrase sink in. I've...

Alan: According to Paul Schwartz, Licensing chief in PA, under the 1972 act, section 102 (J) there are certain exclusions to RIA. What was relayed to me is that I may not advertise, hold letterhead, define myself as an advisor...etc. And I may trade for less than 5 "clients." Now, IB...

Help: I've been using IB for 2 years and really don't want to change but today I was informed that unless I become a RIA, I can't trade the accounts of a select few "clients" that I've worked with for years. The SEC does not require that I become a RIA since I am only interested in trading...

Help: I've been using IB for 2 years and really don't want to change but today I was informed that unless I become a RIA, I can't trade the accounts of a select few "clients" that I've worked with for years. The SEC does not require that I become a RIA since I am only interested in trading...