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What are the benefits of setting up a SEP IRA for my digital currency holdings?

avatarFit ImpactDec 29, 2021 · 3 years ago1 answers

Why should I consider setting up a SEP IRA for my digital currency holdings? What advantages does it offer?

What are the benefits of setting up a SEP IRA for my digital currency holdings?

1 answers

  • avatarDec 29, 2021 · 3 years ago
    Investing in digital currencies can be a volatile and risky endeavor. By setting up a SEP IRA, you can potentially mitigate some of that risk by taking advantage of the tax benefits and long-term savings opportunities it offers. However, it's important to remember that investing in digital currencies still carries inherent risks, and it's crucial to do your own research and exercise caution when making investment decisions.