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A comment on Peter Thiel turned a Roth IRA into a $5B tax-free piggy bank. Parent comment

Re:Peter Thiel turned a Roth IRA into a $5B tax-free piggy bank by tablespoon on Friday June 25, 2021 @10:31AM (#27631234)
> No. IRA is funded with your money, so you should be able to do with it what you please.

No. You can't even do what you please with money that's not in an IRA. And I mean, you already have to accept other restrictions to enjoy the tax advantages of an IRA, so what's so bad about adding another small one to solve this problem?

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Re:Peter Thiel turned a Roth IRA into a $5B tax-free piggy bank by icedchai on Friday June 25, 2021 @07:17PM (#27637412)
If you can legally invest in an asset in a taxable account, you should be able to invest in the same when its an IRA. Anyone can take advantage of this. Why do you want to restrict the way people invest their retirement funds?
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Re:Peter Thiel turned a Roth IRA into a $5B tax-free piggy bank by s1artibartfast on Friday June 25, 2021 @07:10PM (#27637363)
All money is yours legally. The gov can tax it.

Some things are are illegal to do with money and assets, but that doesn't mean that everything belongs to the government

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