SLP351 Jeff Vandrew - Bitcoin for the very long term
Stephan Livera Podcast
00:00
Are You Getting Tax Advantages by Contributing to a Bitcoin IRA?
Most people would have some form of retirement savings with their based on their employer already and so the question in their minds is do i roll that over into a bitcoin IRA or you know. Most employers will allow what's called an in-service rollover but most you don't if you're still employed. You can make Roth contributions to a workplace plan and then roll that into a Roth IRA when you separate from employment. When you withdraw those funds in retirement they're going to be completely free of all types of tax so you're giving up that up front income tax benefit but you're gaining that benefit on the back side.
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