Buying Crypto with your IRA - Step By Step

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  • Опубликовано: 11 янв 2025

Комментарии • 15

  • @seeme10707
    @seeme10707 26 дней назад +5

    It would be nice if you're able to make a video about the safe harbor allocation plan. The IRS deadline is at the end of this month. It would help a lot of people out to understand it better.

    • @wistletone
      @wistletone 26 дней назад +2

      Yes this please. The person who tried to explain it to me was totally confusing.

    • @user-yc1ug4fx2s
      @user-yc1ug4fx2s 24 дня назад +1

      Will my employer be allowed to continue to match my contributions

  • @TheBigGuyATX
    @TheBigGuyATX 13 дней назад

    1. What kind of safeguards are in place to make sure that an employee that decides to embezzle (go rogue) cannot discover my Gemini wallet private key and take my nest egg transferring to a different account or wallet?
    2. What is the process for withdrawals once I retire? And what are the fees?

  • @tekoeko
    @tekoeko 18 дней назад

    i started comparing companies and most don’t have a heavy startup fee

  • @MC-xk1gz
    @MC-xk1gz 23 дня назад

    How does this work with existing roth ira? Are we allowed to open a crypto roth ira the same limit? Thought you can only contribute 7k per year for only one roth ira account.

  • @NERD.INSIDE
    @NERD.INSIDE 21 день назад

    Mat for PRESIDENT!!!

  • @All_Things_Digital
    @All_Things_Digital 26 дней назад

    Can I open ROTH IRA for year 2023 & 2024 deposits?

  • @All_Things_Digital
    @All_Things_Digital 26 дней назад +1

    Can I open a Roth IRA January for year 2024?
    Also, can I transfer my current crypto holdings into new IRA account?

    • @MatSorensen
      @MatSorensen  24 дня назад +3

      You can make Roth IRA contributions up until the tax filing deadline as long as you had earned income in the previous year.
      No, you cannot.

    • @raymillz
      @raymillz 22 дня назад

      Once the asset is available on the Gemini platform, you can move it to Cold storage then to your Gemini IRA wallet. I don't think you can move it to a different exchange because of how the money originated as it's a partnership with Gemeni.

  • @deangabriel5207
    @deangabriel5207 23 дня назад

    Alto uses Coinbase which is much better

  • @deangabriel5207
    @deangabriel5207 23 дня назад +1

    You lost me at GEMINI

    • @raymillz
      @raymillz 22 дня назад

      It's not necessarily a bad thing but understand the stipulations. They would have to be responsible with all the transactions providing you with typed documents and knowing all your trades. Gemini is already regulated and already provides this to you, so it's easier to use their platform. It's not a bad hack. Makes sense if you're not heavily liquid