Pile of Money

Crypto IRA? Yes there is such a tool

By Keith Thuerk | New to Crypto's? | 29 Sep 2020


Crypto IRA?

Yes, there is such a tool to help US investors shield their Crypto hauls from the US Tax code.  Neither the Traditional IRA nor the Roth allow for Crypto to be part of your retirement portfolio.   Enter in yet another Tool in the retirement toolkit, the Crypto IRA!

My #1 Finance Rule - Keep more of what you earn!

My #1 Crypto Rule - Always Hold your Crypto Keys!

I also look for reputation of the firms I am researching, sure its time consuming but its the investment I am seeking to protect. 

Based upon the rules above, I started down the IRA evaluation journey! Top Crypto IRA Fees - Account costs? Holding Fees (Typically a % of account value per year)

Top Search output

The Crypto IRA I came across was iTRustCapital - they offer three (3) different ways to fund your Crypto IRA, while digging into their site I noted they charge a monthly fee.  What is that fee?  Yeah, its $29.95 a month plus they have 1% Crypto trading fees.  So for me the small Crypto investor I don't think this is a good match.  

More research is needed into the items below.

Self Directed IRA - https://selfdirectedira.org/investing-cryptocurrency-ira/

Crypto Roth - http://www.cryptorothguide.com/

Coin IRA - https://coinira.com/cryptocurrency-ira/

Best Crypto IRA - https://bestiraoptions.com/best-cryptocurrency-ira-options

BitIRA - https://www.bitira.com/digital-ira/bitcoin-roth-ira/

Founders CPA - https://founderscpa.com/crypto-ira-everything-you-need-to-know-about-crypto-ira/

 

 

Enjoy the Journey!

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Keith Thuerk
Keith Thuerk

Currently learning about Crypto's and DeFi to combat the Inflationary Tidal wave coming our way!


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