Crypto Roth IRA. Best crypto retirement accounts.
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Crypto retirement
Best crypto retirement accounts
Is itust legit?
How to avoid tax on crypto
What if I told you it’s possible to trade and retire with crypto… tax free?
Zero capital gains on crypto.
Let’s talk about crypto retirement accounts and how they can save you thousands of dollars and how you can get set up step-by-step.
We’re going to cover the two most popular types of IRA’s..
The traditional IRA and Roth IRA.
It’s important to understand a few key similarities and differences between these crypto retirement accounts.
The most important similarity is trading. Trading crypto within either a Traditional or Roth IRA is not a taxable event
In a regular account, ANY profitable trade you make is subject to capital gains tax.
Short term capital gains can be as high as 37% meaning if you profited $1000 on a trade.. Up to $370 can go to Uncle Sam.
That same trade in a Roth retirement account has a tax of…. $0.
The most important difference between these accounts is when and how you ARE taxed
Traditional IRAs are called “tax deferred” which is a fancy way of saying you don’t pay income tax on funds added to the account.
You only pay tax on earnings you pull out in your retirement after age 59.5.
Those earnings are taxed as income at that time.
The idea is if you defer your taxes to your old age you will pay a lower income tax rate because you are no longer in your prime earning years.
Roth IRAs on the other had grow tax-free.
This means you pay regular income tax on funds added to the account but you pay nothing at retirement.
So let’s say you added $1000 to your Roth IRA and it grew to $10,000 at retirement.
You would pay your regular income tax on that $1000 now and $0 on the $9000 in gains at retirement
This is what Peter Thiel did and now he has $5 billion dollars in one of these accounts tax free.
0:00 Intro
0:05 a lil treat
0:16 The most popular types of IRAs
1:02 Traditional IRAs
1:31 Roth IRAs
1:58 Peter Thiel life hack
2:30 The stack
3:10 When this works best
3:30 How does this really work?
4:30 Important example
4:50 Using these methods
6:13 Why you don’t see this everywhere
7:04 What to look out for
7:10 My favorite method and how to get started
7:47 Downsides and considerations
8:10 The 5 year rule
8:35 Don’t confuse this
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*I am not a financial advisor. This is not financial advice*
source
How much $ do you need to comfortably retire?
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Max, fee flag on the play. IB is charging 0.12% crypto; your ITRUST is 10x or 1% – fees seem brutal. Please splain yourself. Ty.
joined i trust – when will $100 max link hit? ty
His email is after my name: Invest in a secure platform and broker where you will not lose your funds. I'm new to trading, but i met Mr. Steven Kurt here on YouTube where he teaches people to trade forex and stocks. which he guides me with a super platform and amazing strategy. I thought it was a scam, but finally I cashed my first $ 20,000 profit last week, he is very reliable and honest,he always tells me the actual time for buying and selling with 100 profit from his one-on-one master training….Stay bless
Most newbies usually undermine and neglect the importance of technical analysis with regards to trading. Technical analysis overly predicts the movement of assets prices regardless of what is happening in the wider or broader market. Essentially, the education involves studying the paths of a particular asset movement in this past so as to establish a sustainable pattern that can be used to predict future movement of an asset. Doing technical analysis can be quite different which is why most newbies / traders neglect day trading their stocks/ coins and stick to holding which is very dangerous as when the market goes bearish, advise any newbies / traders to buy the dip for traders who are still wondering to enter the market or old time traders who are holders to seek help from not just any trader but an established trading expert with at least 96% trade accuracy .I underwent series of trading loses l'd best not talk about before I was introduced to trading analyst…
Thanks for the great insight, been researching and debating which crypto IRA to go with for a while now
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Another excellent video from you sir ! 👍
Max you love your work!! i think im learning -if i could afford it i would have you teach me the vocabulary. im like 50 years old LMAO thankx love the videos
Dope! 🚀
Hi max, love your videos. Can you do one on olympus dao, or klima dao? Thanks.
You can’t join Itrust if you’re a resident of Hawaii or New York.
Max, Quick question that's related to this or maybe a topic for another video, what would be the best way to set up a long term crypto gains / staking / itrust capital type for your baby now, so that it can potentially be better than a savings acct/ETF fund?
well done but its a little late for some brother
Hey bro can u get a Roth if ur not from America
Hi Max- Love your channel thanks for sharing your wisdom. Did you review BitcoinIRA? I am curious if you evaluated this vs. ITrust. Thanks
Mrs Alice is legit and her method works like magic I keep on earning every single week with her new strategy.
In Portugal all crypto gains are still tax free, so that's not a problem for me right now 😄
Thanks for the great Content ☺♥
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Can you stake in a self directed IRA?
If you do your own investing, have you ever wondered whether you should turn things over to a professional Financial Adviser ? If you have significant assets, you have probably felt anxiety when making choices with your money. Perhaps you sensed that you might make better investing decisions if you knew just a little more and could invest without emotion. If this is the case, consulting a financial advisor makes perfect sense.
The stock market holds several benefits and detriments so it’s advisable for investors to be very cautious when making investment decisions otherwise use an investment advisor which i did. You should understand the basics of investing and do your research to acquire the most profitable assets for passive income. i was able to make a million from having a diverse portfolio..
Great video. I'm in the process of setting up a Roth IRA that owns an LLC. The LLC will go out and trade crypto at whichever exchanges I want and use whichever wallets I want. It's a very flexible setup.
Ughhhhh NY residents are not allowed to sign up for Itrust Capital 🤬
https://youtu.be/9KFGjRg51SI
The question is, would the tax savings from putting my Crypto into an SDIRA be better than a life-time of accrued interest on Blockfi?