Is it possible to rollover my Merrill Lynch IRA into Bitcoin or other digital currencies?

1 answers

• Nov 27, 2021 · 3 years ago
  Yes, it is possible to rollover your Merrill Lynch IRA into Bitcoin or other digital currencies. However, it's important to note that not all custodians allow investments in digital currencies. You will need to find a custodian that specifically offers self-directed IRAs for digital currency investments. Once you have found a suitable custodian, you can initiate the rollover process by opening a new self-directed IRA account with them and transferring your funds from Merrill Lynch. After the rollover is complete, you can use the funds in your self-directed IRA to invest in Bitcoin or other digital currencies. It's always recommended to consult with a financial advisor before making any investment decisions.
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