When it comes to retirement accounts, there are a limited number of options. You can take a lump-sum distribution from your 401k plan if you’re changing jobs or retiring – but be careful to avoid the 10 percent early withdrawal penalty and the income tax that often accompanies such a payout. And if you roll over your money into an IRA, no matter which type you choose, the IRS limits your contributions to $5,500 per year.
If you’re looking for another option, look at digital currencies like Bitcoin, Litecoin, Dash, and Ethereum. These are all considered “private money” in the US because they are not issued or backed by any government. Just like traditional IRA or 401k retirement accounts, digital currencies offer tax advantages for investment growth.
That’s when you need a platform like BitIRA!
BitIRA is the world’s only bitcoin investment platform that offers to invest in Precious Metals. Using BitIRA, investors can purchase bitcoins through an IRA for retirement accounts. BitIRA offers some of the highest security available to investors, as well as some amazing opportunities for growth. The coin market is poised for exponential growth.
Shelter from Overvalued Stocks
Investors today are more concerned than ever with the state of the market. Several concerns have pushed investors away from the stock market in recent years, including the lack of transparency in many companies’ financials!
Decreasing returns on investments (ROI)
Many companies today cannot boast a high ROI, especially when compared to the cryptocurrency market. BitIRA has provided an alternative for investors searching for the high ROIs that are becoming rarer and rarer in today’s market.
Provide Tax-Deferred Growth
BitIRA accounts are taxed when they are liquidated only, allowing users to grow their investment without having to pay taxes until it is withdrawn. Users seeking to expand their Bitcoin investments will be glad to know that BitIRA accounts offer zero-taxation!
Maintain a high level of security
Keeping your Bitcoin investment in a digital wallet is very secure, but keeping it at a Bitcoin IRA custodian eliminates the hassle involved with creating and maintaining an independent Bitcoin wallet. Investors looking to safeguard their investments don’t have to worry about the security of a Bitcoin IRA. With BitIRA, investors can rest assured that their funds are secured with world-class technology and security protocols.
So go with BitIRA and explore what wonders it can do for you when you have got already limited options available!
(Offer: #14257) For United States.