What is the 2022 limit for Roth IRA contributions in cryptocurrency?

3 answers

• Prakhar UpadhyaySep 15, 2020 · 5 years ago
  The contribution limit for Roth IRA in cryptocurrency for 2022 is $6,000, or $7,000 if you are 50 years old or older. This limit applies to all contributions made to your Roth IRA, regardless of whether they are in the form of traditional currency or cryptocurrency. It's important to note that this limit is per individual, so if you have a spouse, they can also contribute up to the same amount.
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• Rakotoarivelo NantsoinaJul 26, 2024 · a year ago
  Hey there! The contribution limit for Roth IRA in cryptocurrency for 2022 is $6,000, or $7,000 if you're 50 or older. This limit applies to all contributions made to your Roth IRA, whether you're investing in traditional currency or cryptocurrency. Don't forget, this limit is per person, so if you're married, you and your spouse can each contribute up to the limit. Happy investing!
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• Pritha KawliOct 13, 2023 · 2 years ago
  The 2022 limit for Roth IRA contributions in cryptocurrency is $6,000, or $7,000 if you're 50 or older. This limit is the same as the limit for contributions made in traditional currency. It's important to keep in mind that this is the maximum amount you can contribute to your Roth IRA in a given year, regardless of the type of currency you're using. So make sure to stay within this limit to avoid any penalties or tax implications. Happy investing!
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