Can You Put Cryptocurrency in Your IRA?

By |May 3rd, 2018|Categories: Personal Finance Tips|Tags: , , , , |

How’s your 401(k) or IRA doing? A typical 401(k) plan returns from 5% to 8% based on a portfolio of 60% stocks and 40% bonds and other conservative investments. If your retirement plan is not meeting expectations, you may be tempted by the high returns of cryptocurrencies like Bitcoin – but should you be wary of incorporating cryptocurrency into your account?

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IRS Will Let You Write Off Bitcoin Losses

By |January 25th, 2018|Categories: Personal Finance Tips|Tags: , , , , |

Bitcoin losses can actually work in your favor — you can write them off on your next tax return.