What are the fees associated with a Regal Assets crypto IRA?
LinHanJiJan 20, 2022 · 3 years ago1 answers
Can you provide a breakdown of the fees associated with a Regal Assets crypto IRA? I am interested in understanding the costs involved in investing in a crypto IRA with Regal Assets.
1 answers
- Jan 20, 2022 · 3 years agoWhen it comes to a Regal Assets crypto IRA, there are a few fees to consider. First, there's the annual administration fee, which covers the costs of managing your account. This fee can range from $100 to $250, depending on the size of your investment. Additionally, there may be a setup fee when you open your account, typically around $50. Finally, there are trading fees associated with buying and selling cryptocurrencies within your IRA. These fees are usually a percentage of the transaction amount, ranging from 1% to 2%. It's important to note that these fees can vary, so it's always a good idea to reach out to Regal Assets directly for the most accurate and up-to-date information.
Related Tags
Hot Questions
- 93
What are the tax implications of using cryptocurrency?
- 71
How can I protect my digital assets from hackers?
- 64
What are the best digital currencies to invest in right now?
- 54
What is the future of blockchain technology?
- 48
What are the advantages of using cryptocurrency for online transactions?
- 45
How does cryptocurrency affect my tax return?
- 39
Are there any special tax rules for crypto investors?
- 22
How can I minimize my tax liability when dealing with cryptocurrencies?