If you’d like to learn more about how you can hold Bitcoin in your retirement portfolio, book a call with one of our Swan IRA specialists today.
Generally, early withdrawal from an IRA before age 59 1/2 is subject to being included in gross income plus a 10% additional tax penalty. However, there are exceptions to the 10% penalty, such as using IRA funds to pay your medical insurance premium after a job loss. Please consult with your tax professional on your specific circumstance.