Is ALTO IRA a SCAM? Welcome to my review of Alto IRA!
What can you do with an Alternative IRA?
They are all about giving you the tools to create your own financial future.
It starts with using your IRA savings to invest in what you want.
Alto IRA Summary Review
- Name: Alto Solutions, Inc.
- Website: https://www.altoira.com/
- Founder: Eric Satz
- Cash Minimum: NONE
- IRA Minimum: N/A
- Fees: Depends on Service Provided
- Rating: 4.0/5.0
What is Alto IRA?
Entrepreneur, serial investor, and spicy pepper enthusiast Eric Satz discovered the procedure was everything but simple.
Research, paperwork, navigating constantly evolving risk committees, six weeks of waiting for a single investment to clear, and (surprise!) so many fees.
It turned out that giving people more financial control was clearly necessary. To do that, the Alto team unveiled a groundbreaking digital platform in the fall of 2018.
The Alternative IRA® allows everyone the freedom to invest their retirement funds in alternative assets, diversify their portfolio, and accomplish their financial objectives by connecting them with industry-leading investment partners.
Products and Services of Alto IRA
Alto CryptoIRA
Meet the tax-free way to invest in crypto.
With a crypto IRA, you can use your retirement savings to buy, sell, and trade 200+ coins and tokens directly through Coinbase.
How do it works?
Alto connects directly with Coinbase—no LLC required—so you can buy, sell, and trade crypto using your retirement savings.
Furthermore, with 24/7, real-time trading, $10 investment minimums, and no monthly account fees, it’s also incredibly easy to get started.
They even offer a free concierge service to help walk you through setting up and funding your account.
More so, they don’t charge any account maintenance or setup fees, and will never require an account minimum.
Also, all you pay is a straightforward 1% trading fee per transaction.
Alto prioritizes industry-leading security measures.
Coinbase also gives you the added bonus of offline asset storage and insurance coverage.
The Alternative IRA®
Your savings should do more than just sit there.
Now anyone can invest their retirement funds in alternative assets.
Just think of it as a simple way to maximize returns (with an added tax advantage).
How does it work?
Choose what to invest in.
Alto offers a wide range of alternative assets so you can easily diversify your portfolio, all in one place. Fine art, venture capital, startups, real estate, land, and more. Interested in something specific? You can even sponsor your own deal.
Bring on the tax benefits.
Growing your money doesn’t need to be taxing. Choose which IRA type works best for your tax situation to increase your return on investments.
With a traditional and SEP, you pay no taxes until you take a distribution, and with a Roth IRA, you pay no taxes on gains.1
Reviews and Ratings of Alto IRA
What I Like About Alto IRA
Cheap Fees
Here's the fees for Alto IRA:
A lot of Package Inclusions
Aside from the cheap fees, Alto IRA also offers a lot of inclusions like:
Plenty of Crypto Offerings and Investment Partners
Alto IRA offers a lot of crypto or digital assets to invest in and even investment partners with different investment minimums and investment fees ranging from $25 - $25,000 and $10 - $50!
Here's some of them:
What I Don't Like About Alto IRA
Alto IRA is Not For Everyone
Currently, any United States resident (with the exception of anyone located in Hawaii) that is 18 years or older can open an Alto CryptoIRA. So, if you are not from the United States, you can't open an account in Alto IRA.
Crypto is Very Volatile!
Cryptocurrency is commonly regarded as a volatile asset class due to the possibility of big upward and downward swings over shorter time periods.
How much an asset's price has fluctuated over time, or how volatile it has been, is measured by volatility.
Generally speaking, the riskier an asset is to invest in, the more potential it has to deliver bigger returns or higher losses over shorter time periods than assets that are generally less volatile.
Is Alto IRA a Scam?
With Alto, you can open a traditional, SEP, or Roth IRA.
More so, your retirement funds shouldn't, in our opinion, sit idle.
You may increase your future returns by taking a more active role today.
Their goal is to develop a fresh IRA platform based on openness and knowledge. They have failed if you don't feel capable of taking charge.
With this good investment opportunities and good reviews, they are not a SCAM.
Final Thoughts
Alto IRA offers a lot of investment opportunities and even digital assets that you can invest in. However, they do not offer a 'safe' investment opportunity like precious metals and bullion.
So, if you are looking for a 'safe' investment option, try GOLDCO.
Their ratings from the Better Business Bureau and Business Consumer Alliance are A+ and Triple-A, respectively.
They have numerous happy clients and great evaluations because of their dependable, ethical company operations, and high standard of customer service.
Click below to know more about GOLDCO!