Quick answer. Compare the IRA trustee, trading platform, custodian, supported assets, purchase and sale spreads, account minimums, annual fees, transfer costs, withdrawal process, beneficiary options, security practices and disclosures. A company advertising IRA access may not be the entity that legally holds the IRA.
Why this matters
A retirement-account decision can affect taxes, liquidity, custody, fees and the ability to change providers. Understanding the mechanics comes before deciding whether digital assets belong in an IRA.
Worked example
For a hypothetical $75,000 account, a 1% annual asset fee is $750 before trading spreads or other charges. A $250 flat annual fee is cheaper at that balance, assuming comparable services and no hidden fees.
Questions to ask before acting
- What account or plan type do I have today?
- What are the full dollar costs, including less visible fees?
- What tax or distribution consequences could apply?
- Which entity is responsible for custody and account records?
- Can I reverse or change the decision, and what will that cost?
Important limitation
Provider names and fee tables must be checked immediately before publication.
Related resources
Primary reference
Educational information only. Not individualized tax, legal or investment advice.