If You Have An IRA, You Need To Know This... (Kiss Self-Directed IRA's Goodbye?)

``More specifically, the IRS is refusing to issue tax ID numbers for single-member LLCs that are owned by an IRA... which is the specific structure that US taxpayers need to create in order to ship their retirement savings overseas. Of course, no LAW has been passed. No vote has been conducted. The IRS simply decided by policy in its sole discretion to stop allowing Americans to create this structure, and hence, force them to keep their retirement savings in the US.''