Solo 401k

Gemini Self-Directed Solo 401k Cryptocurrency Account Setup

July 30, 2020 | By Mark Nolan

A self-directed solo 401k may be invested in cryptocurrency provided the solo 401k provider offers a solo 401k plan that allows for investing in alternative investments such as cryptocurrency.

A solo 401k from a self-directed solo 401k provider like My Solo 401k Financial allows for investing in alternative investments including cryptocurrency, and many of our solo 401k and IRA LLC clients have invested in cryptocurrency since 2014 when the IRS released IRS Notice 2014-21 which essentially confirms cryptocurrency is deemed property not a collectible.

Video Slides: How to Open a Gemini Account for your Self-Directed Solo 401k

Gemini Solo 401k Sample Cryptocurrency Account Setup

About Mark Nolan

Each day I speak with energetic entrepreneurs looking to take the plunge into a new venture and small business owners eager to take control of their retirement savings. I am passionate about helping others find their financial independence. Having worked for over 20 years with some of the top retirement account custodian and insurance companies I have a deep and extensive knowledge of the complexities of self-directed 401ks and IRAs as well as retirement plan regulations. Learn more about Mark Nolan and My Solo 401k Financial >>

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