Frequently Asked Questions

About Cryptocurrency

Can I spend the digital currencies from my new IRA account?

Spending or withdrawing funds from any IRA account before you reach the retirement age of 59 ½ will result in early withdrawal tax penalties. Any IRA account is meant to be a fund drawn upon only after you retire. Selling your funds is approved so long as it is used to reinvest in an IRA or is held in your account in a liquid state.