$100 Off iTrustCapital Discount Codes (1 Active) Nov 2024

About iTrustCapital

iTrustCapital is a pioneering digital asset IRA software platform that has revolutionized the way individuals invest in cryptocurrencies and precious metals within their retirement accounts. Founded in 2018 by Todd Southwick and Blake Skadron, the company is headquartered in Irvine, California, and has since become a leading player in the alternative investment IRA industry. iTrustCapital's mission is to seamlessly integrate digital finance into the existing retirement investment system, making it accessible and user-friendly for both novice and experienced investors. With over $9 billion in transactions and more than 200,000 accounts, iTrustCapital has established itself as a trusted and reliable platform for managing digital and physical assets within IRAs.

Standout Features

iTrustCapital distinguishes itself through several key features that enhance the investor experience and set it apart from competitors.

• Diverse Investment Options: The platform offers a wide range of investment assets, including 29 different cryptocurrencies such as Bitcoin and Ethereum, as well as physical gold and silver from the Royal Canadian Mint. This diversity allows investors to hedge their digital investments with traditional assets.

• Easy Account Setup and Funding: Opening an iTrustCapital account is a straightforward process that can be completed in minutes. Users can fund their accounts through direct transfers from other IRAs, rollovers from employer plans like 401(k), TSP, 403(b), and 457, or by making direct contributions.

• Robust Security Measures: iTrustCapital prioritizes security, using advanced encryption technology, multi-signature wallets, and cold storage solutions. The platform partners with reputable custodians, ensuring that all assets are securely and independently held. Additionally, assets are protected by a $320 million insurance policy and a further $45 million insurance policy through Fireblocks.

• Transparent and Competitive Fees: The fee structure is simple and less expensive than many other cryptocurrency IRA providers. The platform charges a 1% fee per cryptocurrency trade, $50 over the spot price per ounce for gold, and $2.50 over the spot price per ounce for silver. There are no additional account fees, and personal accounts have a $0 monthly fee.

• Staking and Additional Income: iTrustCapital offers staking, allowing investors to generate additional income from their digital assets through staking rewards, enhancing their wealth beyond market performance.

Frequently Asked Questions (FAQs)

What is the minimum and maximum per account?

The minimum to open an iTrustCapital account is $1,000. There is no maximum for IRA transfers or qualified plan rollovers, but the maximum for cash contributions is based on IRS limitations.

What are the tax benefits of having an iTrustCapital account?

All iTrustCapital accounts are IRAs, which shelter transactions within the account from taxes. Gains are either tax-deferred or tax-free, depending on the type of IRA you have.

Are my funds held in USD FDIC insured?

No, funds held in iTrustCapital accounts are not FDIC insured. However, the platform uses robust security measures and partners with reputable custodians to ensure asset safety.

How secure is iTrustCapital?

iTrustCapital employs advanced security measures, including multi-signature wallets, cold storage solutions, and institutional-grade crypto custody. Assets are also protected by significant insurance policies.

What types of accounts can be transferred or rolled over?

Users can transfer funds from traditional, Roth, SEP, and Simple IRAs, as well as rollover existing employer plans like 401(k), TSP, 403(b), and 457.

By combining cutting-edge technology with a deep understanding of investor needs, iTrustCapital has established itself as a leader in the digital asset IRA space, offering a unique and rewarding investment experience for its clients.