How to Invest in Bitcoin and Other Cryptocurrency with a Self-Directed IRA or 401k

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  • เผยแพร่เมื่อ 29 พ.ย. 2024

ความคิดเห็น • 70

  • @mgu1N1n1
    @mgu1N1n1 3 ปีที่แล้ว +5

    Not your keys....not your crypto.

  • @MetalBum
    @MetalBum 10 หลายเดือนก่อน +1

    Can we put our crypto on hot wallet then interact with defi Dapps? In a self directed Roth 401k or self directed Roth IRA?

    • @MarkJKohler
      @MarkJKohler  10 หลายเดือนก่อน

      If you want to dive deeper into your question, please get connected with my team at directedira.com/appointment/ OR one of our Main Street Tax Pros at markjkohler.com/tax-advisor-network/ Thank you!

  • @Elizabeth-rr5ds
    @Elizabeth-rr5ds 3 ปีที่แล้ว +1

    I have anxiety watching this video because Mark is on a Speed Drink. Hard to focus on what Matt is saying. I'm waiting for Mark to jump in again but I really want to know the process. I will have to watch this again.

  • @Soul4Sail1
    @Soul4Sail1 3 ปีที่แล้ว +1

    Where are your actual law offices located, Mark? I can't see the locations listed on your website.

  • @bethanylogan7441
    @bethanylogan7441 3 ปีที่แล้ว +3

    What kind of fees does Directed IRA charge monthly? I pay thru the nose to have crypto in my IRA with Kingdom Trust.

    • @calebwaters6334
      @calebwaters6334 2 ปีที่แล้ว

      $300 a year. $50 per contribution transaction.

  • @maddog7532
    @maddog7532 3 ปีที่แล้ว +1

    So you can fund your account with $100K but only 6K can go into your ira? Is there any way to get more into your ira each year?

  • @charmcrypto824
    @charmcrypto824 8 หลายเดือนก่อน

    Great insights! Diving into the world of crypto within a retirement account sounds complex but necessary. Flexibility is key, and that's where platforms like My Digital Money come in handy. Easy trading without the LLC hassle? Count me in!

  • @RomeoandJesus
    @RomeoandJesus 3 ปีที่แล้ว +1

    futures in ira or 401k

  • @gladysr5897
    @gladysr5897 3 ปีที่แล้ว

    Does this apply to NFTs? Collectibles or digita arts?

  • @daleferguson1233
    @daleferguson1233 3 ปีที่แล้ว

    Are you able to set it up with my Vanguard?

  • @lomeinarnoldcogwell2302
    @lomeinarnoldcogwell2302 3 ปีที่แล้ว

    Can I transfer crypto from an individual account to a wallet controlled by my Roth IRA?

  • @VitaTonga
    @VitaTonga 3 ปีที่แล้ว

    I need to set an LLC

  • @TheLethalknife
    @TheLethalknife 2 ปีที่แล้ว

    my company offers Fidelity 401k and they match. Is there a way to setup a self directed 401K with my company matching?

  • @fififinance7469
    @fififinance7469 3 ปีที่แล้ว +1

    Thumbs up! Well done! 💪

  • @nickg2896
    @nickg2896 3 ปีที่แล้ว +2

    What happens if you sell all coins, and want to transfer into a different IRA? Are there fees or taxes due at the time of transfer

    • @MatSorensen
      @MatSorensen 3 ปีที่แล้ว +3

      Not if in a IRA. No tax due when you sell.

    • @MatSorensen
      @MatSorensen 3 ปีที่แล้ว +3

      No fees, that would be cash and you would do a tax-free transfer from one IRA (e.g. Directed IRA) to an IRA somewhere else (e.g. TD, Fidelity).

  • @candlesbypurplerose1010
    @candlesbypurplerose1010 3 ปีที่แล้ว

    I don’t understand on not paying taxes! I know Roth IRA is money post tax, so you can trade , exchange, liquidate, all with no taxes BUT YOU PAID TAXES PRE ; so when exactly? When you deposit? When open? Where is tax paid?

    • @tankercrewchief
      @tankercrewchief 2 ปีที่แล้ว

      I’m guessing at 59 and a half when your IRA matures and you start withdrawing from it

  • @aaronn.1682
    @aaronn.1682 3 ปีที่แล้ว +1

    Hey Matt and Mark, I need to set up an IRA/LLC

    • @MarkJKohler
      @MarkJKohler  3 ปีที่แล้ว

      Hey Aaron, email my assistant whitney@kkoslawyers.com and she can point you in the right direction!

    • @DrJHr
      @DrJHr 3 ปีที่แล้ว

      +

  • @OK-ok3nz
    @OK-ok3nz 3 ปีที่แล้ว +3

    So much spam on these comments. Be careful y'all. If I were to trade crypto then I would want full control, and not go another person, who will then make me a "trader" on my account. It seems like you're doing a service that most people can do, but I get that you may offer more bells and whistles.

    • @MatSorensen
      @MatSorensen 3 ปีที่แล้ว +1

      At Directed IRA we set-up the account that your IRA owns at Gemini and then add you the IRA owner on as a trader to have full control to make trades (buy/sell).

  • @kjackson1676
    @kjackson1676 3 ปีที่แล้ว

    Who do I speak to if I have questions. I’m not understanding the $50 fee. What if I want to fund the account every time I’m paid which is every other week, will I have to pay $50 every time I find the account?

    • @kjackson1676
      @kjackson1676 3 ปีที่แล้ว

      *fund

    • @MarkJKohler
      @MarkJKohler  3 ปีที่แล้ว +1

      Hey Kortney, we have an amazing customer service team over at Directedira.com, you can do an online chat right on the website or just give them a call! They will be able to help you with that question!
      Hopefully that helps!

  • @RomeoandJesus
    @RomeoandJesus 3 ปีที่แล้ว

    Offshore overseas international llc equivalents taxing worth it?

  • @abbaltazar5248
    @abbaltazar5248 3 ปีที่แล้ว

    Hello Mat and Mark I have an annuity account and would like to transfer to self directed ira and trade crypto, any advise?

    • @MarkJKohler
      @MarkJKohler  3 ปีที่แล้ว

      I would recommend reaching out to one of our account specialists at directedira.com/ they can help you out, and if you need additional help, email my personal assistant whitney@kkoslawyers.com and she can get you set up with a consult!

  • @christinem7156
    @christinem7156 3 ปีที่แล้ว

    Please provide a list of credible brokerages! Looking forward to it!
    I've been trading for years and NONE of the big names allow you to buy crypto in a Roth IRA....fyi

    • @MarkJKohler
      @MarkJKohler  3 ปีที่แล้ว

      Emily at DirectedIRA we have an option where you can buy crypto directly into a Roth IRA, here is the link to the website if you want to learn more: directedira.com/cryptocurrency/

  • @PBeachgyrl
    @PBeachgyrl 3 ปีที่แล้ว +2

    So not only do you get a yearly fee you are making money win or lose on my trades. That’s BS. How did you swing that deal with Gemini. Nice kickback.

    • @expertcrypto9338
      @expertcrypto9338 3 ปีที่แล้ว

      Thanks for the feedback.......for more guidance and making profit in CRYPTOCURRENCY INVESTMENTS
      +1..7..7..2..2..4..2..5..7..9..2..
      W-H-A-T-S-{A}-P-P” ......M::E ...

    • @literatious308
      @literatious308 3 ปีที่แล้ว

      Rent seeking. Damned if you do, damned if you don't.
      IRA managers are total leeches.

  • @wespurcell3217
    @wespurcell3217 3 ปีที่แล้ว

    How much to use this guy Mark

    • @MarkJKohler
      @MarkJKohler  3 ปีที่แล้ว

      Go check us out at KKOSLawyers.com and schedule a consult!

  • @ctlst5
    @ctlst5 3 ปีที่แล้ว

    If you transfer all the money out of the SD IRA to Gemini can you still do backdoor Roth and bypass prorata rule?

  • @katemark4557
    @katemark4557 3 ปีที่แล้ว +12

    Mrs Patricia is legit and her method works like magic I keep on earning every single week with her new strategy

    • @travisscout6729
      @travisscout6729 3 ปีที่แล้ว

      Wow I' m just shock someone mentioned expert Mrs Patricia I thought I' m the only one trading with her.
      She helped me recover what I lost trying to trade my self

    • @davidbeckham5387
      @davidbeckham5387 3 ปีที่แล้ว

      Thanks for introducing me to Mrs Patricia
      My first investment with Mrs Patricia gave me profit of over $24,000 us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known

    • @catherine-zeta-jones700
      @catherine-zeta-jones700 3 ปีที่แล้ว

      Yes I' m also a living testimony of expert Mrs Patricia , Mrs Patricia has changed my financial status for the best.all thanks to my aunty who introduced her to me

    • @ceciliaheigi2988
      @ceciliaheigi2988 3 ปีที่แล้ว

      Mrs Patricia is obviously the best, I invested $3,000 and she made profit of $28,000 for me just in 15 days
      Her success story is everywhere

    • @williamssonoma6839
      @williamssonoma6839 3 ปีที่แล้ว

      Who's this professional everyone is talking about I always see her post on top comment on every TH-cam video I watched, I think I'm interested how can I get in touch with Mrs Patricia

  • @comeseetheviolenceinherent579
    @comeseetheviolenceinherent579 2 ปีที่แล้ว

    If I have a SDIRA LLC and I hold my private key, what is stopping me from moving these coins around, recording a loss on my LLC and keeping these coins for private use?