NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Bitcoin as Part of Your IRA?

NewsBTC
NewsBTC
1 year ago
2 mins read
ira, bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

As Bitcoin and other cryptocurrencies gain credibility as legitimate investments, the investment world is working to make changes. One interesting change has been the acceptance of Bitcoin as a legitimate investment as part of an IRA account in the US.

First, most 401K and IRA accounts have provisions that only allow for traditional investments such as stocks, bonds, and mutual funds. In recent years, the Internal Revenue Service in the US has put forth rules that allow for less traditional type investments in what is termed a “self-directed” IRA. Any potential investment account that allows for the trading of cryptocurrency demands further discussion, especially in light what has transpired in the cryptocurrency market over the past year or so.

By definition, a self-directed Individual Retirement Account is “an Individual Retirement Account (IRA), provided by some financial institutions in the United States, which allows alternative investments for retirement savings. Some examples of these alternative investments are real estate, private mortgages, private company stock, oil and gas limited partnerships, precious metals, horses, and intellectual property.” In other words, some financial institutions have been permitted to offer IRAs, which investors can use to make riskier investments if they so choose. Not all of these specialized custodians allow for Bitcoin trading as of yet, but the trend is heading in that direction.

In this day and age, this makes perfect sense. Thanks in large part to the Internet, today’s average American is much more investment savvy than say the average American of 20 years ago. This has prompted the IRS to view taxpayers as more fiscally responsible, which gives the tax collection agency a willingness to allow IRA investors more leeway related to their investments. This is an important distinction because IRA investments are made from pre-taxed earnings and remain tax-exempt until the individual begins drawing down funds later in life.

As a long-term investment, Bitcoin and other cryptocurrencies hold great promise. Setting aside outrageous claims of tremendous Bitcoin growth in the next couple of years, the time is fast-approaching when Bitcoin is going to be accepted as a viable form of payment for goods and services being provided throughout the world. To some extent, this transformation is already underway. Assuming that it becomes reality, Bitcoin’s pricing should stabilize, making it a terrific long-term investment option.

Of course, these early days of Bitcoin trading come with a bit of risk. We have already witnessed the volatility that comes with any form of new investment vehicle. The reality is investors aren’t quite sure what to make of the Bitcoin revolution. Fortunately, time and experience will solve these issues. As investors gain confidence, we can only imagine the heights to where Bitcoin may travel.

Whether from a Bitcoin wallet or a self-directed IRA in the US, the investment world has found a new friend in Bitcoin. Over the next couple years, we can expect each country to take a hard look at crypto-currencies in general. Regulations will be set forth and much of the mystery will diminish. In the US, the notion the IRS is willing to accept Bitcoin as a viable investment bodes well for the coin on US soil.

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Snaky Way ($AKE) Explodes Into Presale with AI Buybacks, Influencer Partnerships & Blockchain Games

Snaky Way ($AKE) Explodes Into Presale with AI Buybacks, Influencer Partnerships & Blockchain Games

The cryptocurrency landscape is always evolving, with new projects popping up to capture the attention of investors, whether they are...

Aaron Walker 4 hours ago
Solana

Solana Whale Moves $152 Million In One Splash—What’s Going On?

According to on‑chain tracker Whale Alert, an unknown wallet just received 1,000,000 SOL in a single move worth over $152...

Christian Encila 6 hours ago
$SNORT

ChatGPT napoveduje 10x rast žetona Snorter

Snorter ($SNORT) je nov meme kovanec in uporabni žeton, namenjen izboljšanju trgovanja s kriptovalutami s trgovalnim botom Snorter Bot. Ta...

tanjapotocnik 6 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum Forms Rising Wedge Pattern – $2,200 Support Back In Focus?

Ethereum Forms Rising Wedge Pattern – $2,200 Support Back In Focus?

Sebastian Villafuerte 1 hour ago

With no more minting, $FUN can skyrocket 500% on fixed supply announcement

News BTC 1 hour ago

BTC Bull重金押注突破800萬 距離FOMO引爆日只剩72小時

estherw 3 hours ago

Premium Sponsors

Press Releases

  • 仮想通プレセール注目:リップルが米銀行ライセンスを申請、機関投資家の関心が急上昇中

    ...

    5 hours ago
  • 仮想通貨おすすめ:話題の新トークンがプレセール開始直後に15万ドルを調達

    ...

    5 hours ago
  • 新しい仮想通貨:ソラナ系取引ボットが話題のプレセールで150万ドル調達、次の100倍候補か?

    ...

    6 hours ago
  • 仮想通貨おすすめ|米下院が大型法案可決、7月4日にビットコインが急騰

    ...

    6 hours ago
  • ミームコイン急騰中|Solana発の人気銘柄続々高騰、新たな注目トークンも登場か?

    ...

    6 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.