All iTrustCapital accounts are IRAs that have substantial benefits like tax-free trading and tax-deferred or tax-free gains.
The minimum to open an iTrust account is $2,500. There is no maximum.
No. The IRS only allows IRAs to be funded with USD. Learn more
Maybe. You may be eligible for an in-service rollover. Contact the plan administrator of the plan to find out if you have eligibility. Learn more
Yes. We have helped numerous clients transfer existing Bitcoin/Crypto IRAs from other companies. This is known as an in-kind transfer, and in most cases, you do not have to liquidate your investment to move it. Learn more
No. When transferring or rolling over funds from an existing account into an iTrustCapital IRA, there are no penalties or taxable events except when converting a pre-tax IRA/401k to a post-tax Roth IRA. Learn more about Roth IRA conversions.
No. To maintain compliance with IRS rules for IRAs, assets must be custodied. iTrust's clients' digital assets are secured with Curv.
All iTrust accounts are IRAs which shelter trades within the account from any taxes. Gains are either tax-deferred or tax-free, depending on the type of IRA you have. Learn more
If you take a distribution of your funds before the age of 59 ½, you could be assessed a 10% penalty, and the withdrawal may be taxed as income. Learn more
A Traditional IRA is funded with pre-tax dollars; gains are tax-deferred until you take distributions. A Roth IRA is funded with post-taxed dollars; gains are tax-free when you take distributions. Learn more
Yes. We can assist you in setting up what is known as a backdoor Roth IRA. Learn more
Yes. You can have as many IRAs as you want. However, you can only contribute the maximum per year collectively throughout all of your IRAs. Learn more
No. The “I” in IRA stands for individual, but you will need at least one beneficiary listed on your account who would inherit the account upon your passing. Most name their spouse as the primary beneficiary.