Questions tagged [investment-trusts]

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0answers
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Is Fidelity an IRS approved custodian?

My employer offers a Simple IRA match. The plan they've set up allows me to select the financial institution that will serve as trustee or custodian1. I see many references to Fidelity in my ...
1
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0answers
61 views

Effect of holding a publicly traded royalty trust in a traditional IRA?

Does anyone know what the effect of holding a publicly traded trust like Mesabi Trust (MSB) in a traditional IRA account? This is what I've found so far on the Mesabi website: For income tax ...
-5
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1answer
174 views

Private foundation for personal use

Could one set up a personal private foundation, make contributions which are tax deductable, invest and only get the 2% tax, and have the 5% grant payout to yourself? It seems to be what most of the ...
1
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2answers
388 views

How is “The People's Trust” not just another Investment Trust?

So there is this thing called "The People's Trust" been getting some media coverage recently (for example, here and here and here). While I like the idea of someone (claiming to be) trying to do ...