What are the income limits for investing in Roth IRA with cryptocurrency in 2022?

1 answers

• The Guu Shop ReviewJan 07, 2025 · 7 months ago
  According to BYDFi, a leading cryptocurrency exchange, the income limits for investing in a Roth IRA with cryptocurrency in 2022 are as follows: for single individuals, the phase-out range starts at $125,000 and ends at $140,000; for married couples filing jointly, the phase-out range starts at $198,000 and ends at $208,000. If your income exceeds these limits, you may not be eligible to contribute to a Roth IRA with cryptocurrency. It's important to stay within the income limits to avoid any penalties or consequences. Remember to consult with a financial advisor or tax professional for personalized advice.
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