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Mitt Romney’s IRA Was Worth Up to $100 Million When He Ran for President but The Annual Limit Was $6,000. The Rules He Used Are Still Legal

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FOMOGRAM Editorial Desk
Aug 1, 2026
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Mitt Romney’s IRA Was Worth Up to $100 Million When He Ran for President but The Annual Limit Was $6,000. The Rules He Used Are Still Legal
EXECUTIVE SUMMARY

Mitt Romney built a retirement account worth tens of millions using a legal IRA structure that any investor can open today, and the obscure tax code section that makes it possible has one trap capable of wiping out the entire balance overnight.

Mitt Romney built a retirement account worth tens of millions using a legal IRA structure that any investor can open today, and the obscure tax code section that makes it possible has one trap capable of wiping out the entire balance overnight.

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The article focuses on Mitt Romney's IRA and tax strategies, unrelated to cryptocurrency markets.

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