Title: How to Secure Your Retirement Savings with Tax-Advantaged Bitcoin
Bitcoin might be on the cusp of a significant bull run, with prices potentially soaring to six figures, according to Tuur Demeester of Adamant Research. In his publication, "How to Position for the Bitcoin Boom," he suggests that we could be entering a new multi-year bull market.
To take advantage of this potential growth, consider securing a portion of your assets in bitcoin, which can be completely tax-free if funded through an old retirement account. Here are the steps to get started:
Step 1: Purchase Hardware Wallets
Invest in hardware wallets such as those from Trezor or Ledger to store your bitcoin keys securely offline. Having at least two wallets is recommended for setting up your Unchained IRA vault.
Step 2: Create an Account on Unchained.com
Sign up on Unchained by providing your details and selecting the type of account you need. Consider opting for Concierge Onboarding for personalized assistance.
Step 3: Set Up Your Unchained IRA Account
Open an IRA account with Unchained to save bitcoin in a tax-advantaged way while retaining control over your keys. Choose between Traditional and Roth options based on your retirement strategy.
Step 4: Follow the Self-Service Guide for Vault Setup
Create a multisig vault for added security, which requires multiple keys to authorize transactions. Use Unchained’s Self-Service Onboarding for a quick setup process.
Step 5: Roll Over Your Existing 401k/IRA
Fund your Unchained IRA by transferring funds from an existing account. Unchained will convert these funds to bitcoin and deposit them into your IRA vault.
Step 6: Enjoy Tax-Advantaged Bitcoin Savings
With your retirement savings secured in bitcoin, you can benefit from the potential growth of the asset. Unchained offers flat annual fees for IRA accounts, providing you with control over your investments.
As the bull run approaches, consider utilizing the Unchained IRA to watch your retirement savings grow. Take strategic steps now to position yourself for future financial success. Remember to seek advice from a financial advisor for personalized guidance.
