Should You Invest Your HSA In Bitcoin? What About Your Roth IRA?

This week, we are, once again, going back to the listener mailbag. I got this email, a week or so ago from Doug in Florida: My employer recently changed our health insurance plan, and I'm now able to easily invest in bitcoin via the CXBTF fund in my HSA. If bitcoin takes off, I think this would be a great way to take care of health care expenses in retirement, and avoid capital gains taxes. The only difference I see between using an HSA instead of a Roth IRA is that to avoid taxes with the HSA, I need to use it only for health related expenses. Do you think this is a good idea? Are there other drawbacks that I'm missing?" In response to Doug's question, we talk about: ✓ Should you invest your HSA in Bitcoin? Or anything else? ✓ Should you invest your Roth IRA in Bitcoin? ✓ Backdoor Roth for high income earners ✓ How should you invest retirement funds? Checkbook IRA? GBTC? Or CXBTF? ⟺ FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at FULL SHOW NOTES ARE AVAILABLE AT: QUESTIONS OR FEEDBACK: Email: askkim@sanecrypto.com Twitter: @sanecrypto

You can listen to Should You Invest Your HSA In Bitcoin? What About Your Roth IRA? online on Radio and Podcast. Open the player on this page to stream the available audio.

Should You Invest Your HSA In Bitcoin? What About Your Roth IRA? is an episode from SANE CRYPTO - Cryptocurrency investing for retirement (Bitcoin, Ethereum, and Cryptoasset Investing) by Kim Snider.

This episode is 27:13 long.

This episode was published on Aug 28, 2018.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from SANE CRYPTO - Cryptocurrency investing for retirement (Bitcoin, Ethereum, and Cryptoasset Investing) when more episodes are available from the podcast feed.