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Can I roll my 401k into a crypto IRA?
Posted by Charles O on March 20, 2024 at 3:34 pmCan I roll my 401k into a crypto IRA?
Mark Nolan replied 2 years, 6 months ago 2 Members · 2 Posts -
1 Reply
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Mark Nolan
April 8, 2024 at 3:55 pmYes, you can roll over funds from a traditional 401k into a crypto IRA. If you are self-employed with no full-time W-2 employees, you can open a Solo 401k, fund it by rolling over funds from an eligible retirement account, and then open an account for your Solo 401k at a cryptocurrency exchange that offers staking. If you are not eligible to open a Solo 401k or if you wish to invest Roth IRA funds in crypto staking (since you cannot roll over Roth IRA funds to a Solo 401k), you can open a Self-directed IRA LLC to invest in crypto staking.
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