How to Buy Bitcoin with a Self-Directed Roth IRA with Checkbook Control

Key Points 

• You can invest in Bitcoin through a Self-Directed Roth IRA with Checkbook Control.
• With Bitcoin investments, you may diversify your retirement portfolio, enjoy greater returns, hedge against inflation, and more.
• Broad Financial makes it a breeze to open a Self-Directed Roth IRA with Checkbook Control so you can invest in Bitcoin and other cryptocurrencies in real time.

How to Buy Bitcoin with a Self-Directed Roth IRA with Checkbook Control 

If you’re familiar with Bitcoin, you may be surprised to learn that you can invest in it to save for retirement. One account type to consider is a Self-Directed Roth IRA with Checkbook Control. This unique type of account can give you the freedom and flexibility to set yourself up for a fulfilling retirement through Bitcoin and other types of cryptocurrencies. Here’s everything you need to know about using a Self-Directed Roth IRA with Checkbook Control to buy Bitcoin and set yourself up for the retirement of your dreams.

What is a Self-Directed Roth IRA with Checkbook Control?

A Self-Directed Roth IRA with Checkbook Control is similar to a Roth IRA. You contribute after-tax dollars and watch your investments grow tax-free. It’s worth exploring if you’re possibly anticipating higher future tax rates and prefer not to pay taxes on your retirement income.

This account type has the added benefit of the power of checkbook control. Checkbook control allows you to place your everyday investment transactions without your SDIRA custodian's involvement. To place an investment, you'll simply write a check or send a wire for your IRA's dedicated checking account.

Because  you don’t need to wait for your custodian to place transactions with this account, you can invest in Bitcoin in real-time. With a Self-Directed Roth IRA with Checkbook Control, you’ll enjoy unmatched control of your cryptocurrency investments while saving time and money.

Reasons to Consider Investing in Bitcoin Through a Self-Directed Roth IRA with Checkbook Control 

There are a number of reasons you may want to consider opening a Self-Directed Roth IRA with Checkbook Control to invest in Bitcoin, including: 

Invest Beyond Bitcoin 

Bitcoin is one of the many types of cryptocurrencies you can invest in through a Crypto IRA. Here are several other options you might want to consider: 

• Ethereum (ETH)
• Cardano (ADA)
• Solana (SOL)
• XRP (XRP)
• Quant (QNT)
• Altcoins
• Tokens 
• And Other Emerging Cryptocurrencies!

Invest in Bitcoin with a Crypto IRA Today 

If you’re interested in investing for retirement with Bitcoin, a Self-Directed Roth IRA with Checkbook Control from Broad Financial might be the ultimate option. To get started or learn more, we encourage you to contact us today.