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More and more savers are taking a chance and investing in something called a Bitcoin IRA.
– CNBC
This is the first Bitcoin IRA approved by the IRS.
– INVESTOPIA
The firm BitcoinIRA is the only option for investors who wish to hold cryptocurrencies in their IRAs.
– COINDESK
To begin, they do not hold your funds. They facilitate the rollover or transfer from your existing IRA to an IRS-compliant custodian. Your Bitcoins and other cryptocurrencies are held in a sanctioned IRA at that custodian. A custodian takes on the responsibility of safekeeping and administration of your retirement account assets and reporting of all activity within the account to you and the IRS.
Bitcoin IRA has formed a strategic relationship with Kingdom Trust because they are a trusted and well-established custodian capable of handling a cryptocurrency self-directed IRA and ensuring IRS compliance. Bitcoin IRA itself is licensed and bonded in every state in which it is required and insured up to $1 million per client for transactions.
This program is 100% IRS-compliant and the flagship service to purchase Bitcoin and other digital currencies for their IRA.
We also refer clients to BITCOINIRA which is another full-service company that ensures a safe transfer of your retirement funds into an IRS-compliant account for cryptocurrencies.
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“Bitcoin: It’s a red hot asset that’s now being used as a retirement investment”
“The world’s hottest asset is the newest way to invest for retirement”
401 (k)
403 (b)
457
Thrift Savings Plan (TSP)
Traditional or Roth IRA
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