Category Archives for "bitcoin ira rollover"
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What is a Roth IRA?
It’s a form of IRA that allows you to contribute post-tax money to your retirement savings plan. Beyond age 59½ (provided the account has been open for at least five years), the profits on your contributions are tax-free, and you may withdraw them tax-free after that point. The main difference between a Roth IRA and […]
Continue readingHow to Invest Your 401k in Cryptocurrency
How do you use your 401k to invest in cryptocurrency or bitcoin? Firstly, you need to convert your 401k into a Self-Directed IRA (Individual Retirement Account). A 401k retirement account cannot be directly invested in cryptocurrency but a Self-Directed IRA can. Once you have switched over to the self-directed IRA you can go ahead and […]
Continue readingWhat are the benefits of investing in Bitcoin?
The bitcoin phenomenon has spawned collective insanity in the past decade. Cryptocurrencies are unpredictable. It’s difficult to predict whether they will serve as the global reserve currency or a store of value as popular as gold. Investing in bitcoin brings with it a chance to make massive profits, but some investors are wary about the […]
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