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What are the 2022 Roth contribution limits for investing in cryptocurrencies?

avatarPotter SchwarzNov 26, 2021 · 3 years ago3 answers

What are the contribution limits for investing in cryptocurrencies through a Roth account in 2022? How much can I contribute to my Roth account for cryptocurrency investments?

What are the 2022 Roth contribution limits for investing in cryptocurrencies?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    The contribution limits for investing in cryptocurrencies through a Roth account in 2022 are the same as the regular Roth IRA contribution limits. For individuals under the age of 50, the maximum contribution is $6,000 per year. For individuals aged 50 and older, the maximum contribution is $7,000 per year. These limits apply to all investments made through the Roth account, including cryptocurrencies.
  • avatarNov 26, 2021 · 3 years ago
    In 2022, you can contribute up to $6,000 to your Roth account for cryptocurrency investments if you are under the age of 50. If you are 50 or older, you can contribute up to $7,000. It's important to note that these limits apply to all investments made through the Roth account, not just cryptocurrencies.
  • avatarNov 26, 2021 · 3 years ago
    According to BYDFi, the contribution limits for investing in cryptocurrencies through a Roth account in 2022 are the same as the regular Roth IRA contribution limits. Individuals under the age of 50 can contribute up to $6,000 per year, while individuals aged 50 and older can contribute up to $7,000 per year. These limits apply to all investments made through the Roth account, including cryptocurrencies.