Madison Trust Company Q&AAnswer
Jan 09, 2023 - 08:34 AM
Possibly, it would depend on how the deal is structured and the relation to the family members. Generally speaking, spouses, ancestors, and descendants are considered disqualified with regard to your IRA, so you would not want to transact with them.
To learn more about what your IRA can invest in please call us or schedule a call with one of our IRA Specialists.
Please note, Madison Trust is a passive custodian and therefore, does not give legal, tax, or financial advice. Please consult with your tax advisor before making any investment decisions.
