Learn about the tax status of purchases and sales within an Unchained IRA
Our product is designed so that tax is postponed to when funds are withdrawn from the IRA itself (and even then, in the case of a Roth IRA, there should be no tax if the necessary requirements are met). If you have questions about the tax consequences specific to you, you should consult with your tax advisor, as Unchained cannot give tax advice. The Unchained product is not designed for frequent traders. It cannot hold cash, only bitcoin. Bitcoin in the IRA is only converted to cash if you are doing an outbound rollover to another IRA provider.
Note: No contents of this post may be relied upon as tax, legal, or financial advice, as they have not been tailored to you and have not been reviewed by any attorney, financial advisor, or tax professional. For any questions related to your own specific situation, please consult with your own attorney, tax professional, and/or licensed financial advisor.