Crypto IRAs for Beginners: A Tax Dream or Nightmare?!

Today, I’m going to talk about What is a Crypto IRA? Because opening a crypto IRA is something that could potentially produce extremely large returns while getting some serious tax advantages.

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So, in this video I am going to give you everything you’ll likely need to know about Crypto IRA. I’ll break down what cryptocurrencies are (for beginners), how crypto IRA works, the major benefits of a crypto IRA, some of the potential pitfalls, and lastly, why you may want to consider it.

Time codes:
What is a Crypto IRA? (0:00)
#1 What is Cryptocurrency? (1:08)
#2 How do Crypto IRAs Work? (3:30)
#3 What are the Benefits of a Crypto IRA? (4:30)
#4 What are the RISKs of a Crypto IRA? (6:28)
#5 How Do Crypto IRA Taxes Work? (8:30)
#6 Who is a Crypto IRA for? (9:30)

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#crypto #ira #taxplanning

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).