Trade Options and Futures in a Retirement Account

While we would never advocate a large percentage allocation of your retirement funds to commodity trading, there are certain benefits to trading commodities in a retirement account.

The most prominent example being tax deferred or tax free growth depending on the type of qualified Independent Retirement Account (IRA). In theory, trading accounts within the shelter of a tax friendly IRA have the potential to grow at much more rapid speeds relative to those in a non-qualified account (outside of the IRA umbrella).

Types of IRA's that can be traded in Options and Futures

1. Traditional IRA - Annual contributions may be fully or partially deductible and earnings are tax-deferred; there are income restrictions.
2. Roth IRA - Annual contributions are not deductible, but withdrawals can be made at any age, tax-free of withdrawal.
3. Rollover IRA - Allows retirement funds from another IRA or from an employer-sponsored plan such as a 401(k) to remain tax-deferred until the time of withdrawal.
4. SEP IRA - Small business retirement plan in which the business contributes the same percentage of compensation for all eligible employees.
5. SIMPLE IRA - Small business retirement plan in which employees are able to defer part of their salary on a tax-advantaged basis, as well as optional employer contributions.

How to Trade Commodities in an IRA

In order to allocate retirement funds to trading the options and futures markets it is required that you open an account with a custodian firm that allows self-directed retirement accounts to be distribute to the commodity markets.

In cooperation with Millennium Trust Company, Blue Ridge Futures supports futures IRA accounts. Millennium Trust acts as trustee and custodian for self-directed IRAs.

If you would like to open a futures IRA account or have any questions, please email newaccounts@blueridgefutures.com or call us at 877-500-3559

Both the Blue Ridge Futures and Millennium Trust account applications must be completed and ALL ORIGINAL PAPERWORK WITH ID’S mailed to Millennium at the following address:

Millennium Trust Company, LLC
820 Jorie Blvd, Suite 420
Oak Brook, IL 60523
Toll Free: 800-932-0053
Web: http://www.mtrustcompany.com

Account Forms

The required forms can be downloaded in PDF format from these pages

Open E Cry | Clear Chicago Group | Penson/GHCO

Millennium Trust Forms

Please email newaccounts@blueridgefutures.com or call us at 877-500-3559 if you have any questions regarding setting up an IRA account.

$5,000 Minimum Deposit