► While many of our clients establish an IRA using funds from a previous employer, or maybe even new funds from their checking account, it is also possible to inherit an IRA from a loved one or family member.

Inherited IRAs are very similar to their non-Inherited counterparts, but there are some nuances that clients need to be made aware of. In this video, we break it down for you! ◄

Chapters:
00:00 About Inherited IRAs
00:18 How To Transfer Your Inherited IRA
01:09 Questions?

ABOUT US
The iTrustCapital mission is to validate, educate, and empower millions of investors as we innovate toward a blockchain future. iTrustCapital is a digital asset IRA platform that allows clients to directly buy and sell cryptocurrencies and physical gold in real-time through their retirement accounts. Head to our website now to learn more and set up a Crypto IRA for free.

CHECK US OUT
Want more information on assets available with iTrustCapital?
Questions about the iTrustCapital software platform?
Interested in learning more about Crypto IRAs?

CONTACT US
→Support Page:
→TWITTER:
→INSTAGRAM:
→FACEBOOK:
→LINKEDIN:

#Retirement #Crypto #HowTo #CryptoIRA #RothIRA

DISCLAIMER
This video is for information purposes only. It does not constitute investment advice in any way. It does not constitute an offer to sell or a solicitation of an offer to buy or sell any cryptocurrency or security or to participate in any investment strategy.

iTrustCapital is not an exchange, funding portal, custodian, trust company, licensed broker, dealer, broker-dealer, investment advisor, investment manager, or adviser in the United States or elsewhere. iTrustCapital is not affiliated with and does not endorse any particular cryptocurrency, precious metal, or investment strategy.

Cryptocurrencies are a speculative investment with risk of loss. Precious metals are a speculative investment with risk of loss. Cryptocurrency is not legal tender backed by the United States government, nor is it subject to Federal Deposit Insurance Corporation (“FDIC”) insurance or protections. Clients do not receive a choice of custody provider. The self-directed purchase and sale of cryptocurrency through a cryptocurrency IRA have not been endorsed by the IRS or any regulatory agency. Historical performance is no guarantee of future results.

Some taxes and conditions may apply depending on the type of IRA account. ​​Investors assume the risk of all purchase and sale decisions. iTrustCapital makes no guarantee or representation regarding investors’ ability to profit from any transaction or the tax implications of any transaction. iTrust Capital does not provide legal, investment or tax advice. Consult a qualified legal, investment, or tax professional.

iTrustCapital makes no representation or warranty as to the accuracy or completeness of this information and shall not have any liability for any representations (expressed or implied) or omissions from the information contained herein. iTrustCapital disclaims any and all liability to any party for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising directly or indirectly from any use of this information, which is provided as is, without warranties.

© 2024 ITC2.0, Inc.
All rights reserved….(read more)

LEARN MORE ABOUT: IRA Accounts

TRANSFER IRA TO GOLD: Gold IRA Account

TRANSFER IRA TO SILVER: Silver IRA Account

REVEALED: Best Gold Backed IRA

Inheriting an IRA can be a complex and emotional process, but knowing how to transfer those assets can ensure that you make the most of your inheritance. iTrustCapital is a platform that specializes in self-directed IRAs, and offers a step-by-step guide to transferring an inherited IRA.

Step 1: Determine your options

When you inherit an IRA, you have several options for transferring those assets. You can keep the account as an inherited IRA, transfer the funds to your own IRA, or cash out the account. Each option has its own tax implications, so it’s important to understand the consequences of each choice before making a decision.

Step 2: Contact the IRA custodian

Once you’ve decided how you want to transfer the inherited IRA, you’ll need to contact the custodian of the account. This is the financial institution that holds the IRA assets, and they will be able to provide you with the necessary paperwork and instructions for transferring the funds.

Step 3: Fill out the paperwork

Depending on how you choose to transfer the inherited IRA, you may need to fill out a transfer form or other paperwork provided by the custodian. Make sure to provide all necessary information and follow the instructions carefully to ensure a smooth transfer process.

Step 4: Complete the transfer

After you’ve filled out the necessary paperwork, the custodian will facilitate the transfer of the IRA assets to the new account. This process may take a few days to complete, so be patient and follow up with the custodian if you have any questions or concerns.

Step 5: Review your investment options

Once the inherited IRA has been transferred, you can begin investing the assets in the account. iTrustCapital offers a wide range of investment options, including cryptocurrencies, precious metals, and stocks. Take some time to review your options and choose investments that align with your financial goals and risk tolerance.

Transferring an inherited IRA can be a complex process, but with the right guidance and support, you can make the most of your inheritance. iTrustCapital is dedicated to helping clients navigate the transfer process and maximize the growth potential of their IRA assets. If you’ve inherited an IRA and are unsure of how to proceed, consider reaching out to iTrustCapital for personalized assistance and support.