How iTrustCapital Loginworks

iTrustCapital will help you set up a self-directed IRA (SIDRA), which is the only way to put cryptocurrency into an IRA account. You can buy cryptocurrencies, gold, and silver through iTrustCapital. You'll need to decide whether your SIDRA should be a Roth or traditional IRA.

• Roth IRA: You fund a Roth IRA with post-tax dollars, and then your future withdrawals are tax free.
• Traditional, simple, or SEP IRA: These are tax-deferred accounts. You fund them with pre-tax dollars and pay tax on the money you withdraw.

As with any IRA, there are limits on how much you can invest each year and you'll pay a penalty if you withdraw funds early. It's also worth bearing in mind that you can have more than one IRA. Cryptocurrencies are highly volatile investment vehicles, so it isn't a great idea to put all the money you may need in retirement into crypto. However, if you want to diversify some of your retirement investments into cryptocurrency, iTrustCapital is a good option.

It's easy to set up an iTrustCapital account. You can transfer funds from an existing IRA, roll over an employer plan (such as a 401k), or contribute new funds.

It can take up to four weeks to roll over an employer plan, whereas direct contributions can be processed in a couple of days. You can't use a credit or debit card to pay money into your account, it has to be done by bank wire or a check.

You'll also need to give iTrustCapital information about your beneficiaries. This is another benefit to opening an iTrustCapital IRA. In the event of your death, the company will ensure your beneficiaries can access your assets without complications.