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113 points jimhi | 1 comments | 05 Jul 25 18:21 UTC | HN request time: 2.136s | source

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HWR_14 ◴[05 Jul 25 22:46 UTC] No.44476184[source]▶

I don't understand how Thiel was able to buy his PayPal shares using a Roth. I thought you aren't allowed use your Roth to invest in a company you work for.

Can someone who knows more than me explain where I am wrong?

replies(2): >>44476341 #>>44476948 #

gamblor956 ◴[06 Jul 25 01:16 UTC] No.44476948[source]▶

>>44476184 #

You can't anymore because of Thiel. He's the reason they closed the loophole.

replies(1): >>44478271 #

1. HWR_14 ◴[06 Jul 25 06:17 UTC] No.44478271[source]▶

>>44476948 #

That makes sense. Thanks.

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How to not pay your taxes legally, apparently