A self-directed IRA is a retirement savings plan that allows you to decide what investments will be made. These accounts can hold a variety of investments and provide opportunities that you may not have with other accounts. However, there are certain rules you must follow with a self-directed IRA, like the prohibited transactions rule. Violating […] The post How to Avoid Prohibited Transactions With Your Self-Directed IRA appeared first on SmartReads by SmartAsset.
A 401(k) and individual retirement account are excellent ways to save for retirement because contributions and gains are tax advantaged. While many individuals use these accounts to invest in stocks.
Bitcoin has opened the doors to a whole new world of investment opportunities including Individual Retirement Accounts (IRAs). Many people are turning to Bitcoin IRAs to diversify their retirement portfolios and secure their retirement capital with the potential of high returns. The question becomes: Which is the best Bitcoin IRA platform to put your retirement money into? Below are the top Bitcoin IRA platforms in August 2023.