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TagsWhat are the potential investment limits for Roth IRAs in 2022 for cryptocurrency?
Harish RaviJan 12, 2022 · 3 years ago1 answersCan you provide information on the potential investment limits for Roth IRAs in 2022 specifically related to cryptocurrency? I am interested in knowing the maximum amount that can be invested in cryptocurrency within a Roth IRA account.
1 answers
- As an expert in the field, I can tell you that the potential investment limits for Roth IRAs in 2022 for cryptocurrency are the same as the overall contribution limits set by the IRS. For individuals under 50, the maximum contribution limit is $6,000, while those 50 or older can contribute up to $7,000. These limits apply to all investments within the Roth IRA, including cryptocurrency. It's important to stay within these limits to ensure compliance with IRS regulations and to make the most of your investment opportunities.Jan 12, 2022 · 3 years ago
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