BitcoinIRA Unveils Taxable Crypto Investment Product Outside of Retirement
BitcoinIRA has launched Freedom Accounts, its first taxable cryptocurrency investment product outside of retirement. The new accounts allow users to hold and manage cryptocurrencies in a single dashboard without any IRA contribution limits or withdrawal restrictions.
The company's co-founder, Chris Kline, stated that BitcoinIRA 'pioneered crypto retirement investing, but our clients' financial lives don't stop at their IRA.' He added that Freedom Accounts are the next step in expanding the platform, giving clients greater flexibility to manage retirement and non-retirement crypto investments.
Freedom Accounts can be funded with cash or supported digital assets moved from external wallets and exchanges. Users can also hold, trade, or stake eligible assets within the account. The new product ties into Crypto Bundles, the firm's diversified portfolio offering, giving customers a taxable counterpart to the self-directed IRAs BitcoinIRA has offered since 2016.