A Bitcoin IRA stands for Individual Retirement Account, that holds Bitcoin. You can hold many types of investment in IRA’s like: Stocks, Precious Metals and Real Estate This is like a savings account with big tax breaks, making it an ideal way to sock away cash for your retirement. Of The basics of adding cryptocurrency to your IRA are much easier to understand than you might think.
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Fund BITCOIN IRA Account
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Understanding the tax rules may seem difficult, but if you plan on adding Bitcoin to your IRA as a part of a diversified portfolio. You should know the basics regarding the current IRS regulations concerning A cryptocurrency IRA.
The most you can contribute to all of your traditional and Roth IRAs is the smaller of: $5,500 (for 2015 – 2018), or $6,500 if you’re age 50 or older by the end of the year; or. your taxable compensation for the year
Why A Bitcoin IRA?
Early adopters are doing well and not apologizing for their digital currency gains.
Time is money
You must take action now that will move you towards your goals. Develop a sense of urgency in your life. — H. Jackson Brown, Jr.
Have questions about starting a Bitcoin IRA or adding other cryptocurrencies to an IRA for us? We offer a wide range of products and services tailored to our client’s needs. Contact us today to discuss your specific needs or get a head start by ordering our free guide to starting a Bitcoin IRA.