With Crypto.com IRAs, you can contribute funds each year and invest them in assets like stocks, ETFs, or crypto. IRAs offer tax benefits, such as tax-deferred growth or tax-free withdrawals, depending on the type, which can help your savings grow more effectively over time.
Crypto.com IRAs are available to U.S. residents only.
What types of IRAs are supported?
The Crypto.com App offers two types of IRAs: Traditional IRAs and Roth IRAs. Each account type has its own tax treatments and eligibility criteria:
Traditional IRAs
Contributions may be tax-deductible
Earnings grow tax-deferred until you withdraw them
Withdrawals are taxed as ordinary income
Required minimum distributions begin at age 73
No income limit for contributions
Roth IRAs
Contributions are made with after-tax dollars (not tax-deductible)
Qualified withdrawals are generally tax- and penalty-free if the account has been open for at least five years and you are age 59½ or older
No required minimum distributions
Income eligibility limits apply for contributions
Am I eligible to open an IRA?
Anyone with earned income can open an IRA, as long as you meet the eligibility requirements for the specific type (Traditional or Roth). You may have both a Traditional IRA and a Roth IRA at the same time, subject to eligibility.
Each year, you can contribute to both types, but your total contributions across all of your IRAs cannot exceed the annual contribution limit:
2026 tax year:
$7,500 for individuals under age 50
$8,600 for individuals age 50 or older (includes a $1,100 catch-up contribution)
2025 tax year:
$7,000 for individuals under age 50
$8,000 for individuals age 50 or older (includes a $1,000 catch-up contribution)
Traditional IRA eligibility and deductibility
To be eligible for a Traditional IRA, you (or your spouse, if filing jointly) must have earned income at least equal to the amount you contribute, up to the annual contribution limit.
Tax deductibility of your contribution depends on:
Your income level
Whether you or your spouse are covered by an employer-sponsored retirement plan (such as a 401(k)). If neither is covered, your contributions are fully deductible regardless of income.
Your Modified Adjusted Gross Income (MAGI) and tax filing status
Please refer to the table below for more details.
2026 Tax Deductible Contributions
Filing Status: Single or Head of Household
Modified Adjusted Gross Income (MAGI) | Deduction |
<$81,000 | Full deduction up to the amount of your contribution limit |
≥$81,000 to <$91,000 | Partial deduction |
≥$91,000 | No deduction |
Filing Status: Married Filing Jointly (You’re covered by a workplace plan)
Modified Adjusted Gross Income (MAGI) | Deduction |
<$129,000 | Full deduction up to the amount of your contribution limit |
≥$129,000 to <$149,000 | Partial deduction |
≥$149,000 | No deduction |
Filing Status: Married Filing Jointly (Your spouse is covered by a workplace plan)
Modified Adjusted Gross Income (MAGI) | Deduction |
<$242,000 | Full deduction up to the amount of your contribution limit |
≥$242,000 to <$252,000 | Partial deduction |
≥$252,000 | No deduction |
Filing Status: Married Filing Separately
Modified Adjusted Gross Income (MAGI) | Deduction |
<$10,000 | Partial deduction |
≥$10,000 | No deduction |
2025 Tax Deductible Contributions
Filing Status: Single or Head of Household
Modified Adjusted Gross Income (MAGI) | Deduction |
<$79,000 | Full deduction up to the amount of your contribution limit |
≥$79,000 to <$89,000 | Partial deduction |
≥$89,000 | No deduction |
Filing Status: Married Filing Jointly (You’re covered by a workplace plan)
Modified Adjusted Gross Income (MAGI) | Deduction |
$126,000 or less | Full deduction up to the amount of your contribution limit |
≥$126,000 to <$146,000 | Partial deduction |
≥$146,000 | No deduction |
Filing Status: Married Filing Jointly (Your spouse is covered by a workplace plan)
Modified Adjusted Gross Income (MAGI) | Deduction |
<$236,000 | Full deduction up to the amount of your contribution limit |
≥$236,000 to <$246,000 | Partial deduction |
≥$246,000 | No deduction |
Filing Status: Married Filing Separately
Modified Adjusted Gross Income (MAGI) | Deduction |
<$10,000 | Partial deduction |
≥$10,000 | No deduction |
Roth IRA eligibility and deductibility
Roth IRA eligibility is based solely on your MAGI and earned income, not on whether you have a workplace retirement plan. Your ability to contribute to a Roth IRA is subject to MAGI limits, which may restrict or phase out contributions for higher earners.
2026 tax year:
Single Filer: You are eligible to contribute if your MAGI is below $168,000 You can make a full contribution if your MAGI is below $153,000.
Joint Filer: You are eligible to contribute if your MAGI is below $252,000. You can make a full contribution if your MAGI is below $242,000.
2025 tax year:
Single Filer: You are eligible to contribute if your MAGI is below $165,000. You can make a full contribution if your MAGI is below $150,000.
Joint Filer: you are eligible to contribute if your MAGI is below $246,000. You can make a full contribution if your MAGI is below $236,000.
Please refer to the IRA contribution FAQ for more information on MAGI limits for Roth IRA contributions.
How do I choose between a Traditional IRA and a Roth IRA?
Choosing between a Traditional IRA and a Roth IRA depends on your individual circumstances, such as your income level and overall financial situation.
In general, people who choose a Roth IRA expect to be in a higher tax bracket in retirement, as it allows for tax-free withdrawals at that time. Conversely, those who expect to be in a lower tax bracket often choose a Traditional IRA, which provides tax-deductible contributions now and taxable withdrawals later.
Please consult your tax advisor to determine which option is right for you.
How do I set up my Crypto.com IRAs?
To set up IRAs in the Crypto.com App, follow these steps:
On the Crypto.com App home screen, tap IRAs from the main menu
Select your IRA type: Traditional IRAs or Roth IRAs
Complete the identity verification process.
Review and accept the terms and conditions.
If you want to set up your second IRAs (Traditional or Roth):
On the Crypto.com App home screen, tap IRAs from the main menu
Use the dropdown in the top-right corner to select Traditional IRAs or Roth IRAs
Accept the terms and conditions for the selected account type
What are the fees to set up or maintain my Crypto.com IRAs?
You are not charged any setup fees, monthly fees or maintenance fees for your Crypto.com IRAs. However, if you are closing your Crypto.com IRAs, a termination fee of $60 will be charged to your IRAs.
How do I switch between my IRAs?
Follow these steps to switch between your accounts and view balances and contributions for each account separately:
On the Crypto.com App home screen, tap IRAs from the main menu
Use the toggle in the top-left corner to switch between your Traditional IRAs and Roth IRAs
How are my assets in the Crypto.com IRAs protected?
Cash, Stocks, and ETFs
Securities Investor Protection Corporation (“SIPC”) protects up to $500,000 in total assets per account type at a single brokerage, which includes a $250,000 limit for cash. This coverage applies to your stocks and ETFs, and it provides separate protection for your individual taxable accounts, Roth IRAs, and Traditional IRAs.
Crypto
The crypto assets in your Crypto.com IRAs are protected by privately placed insurance, which has $100 million in cold wallet coverage and $20 million in crime/theft coverage. Please note that these accounts are not insured by the government, nor are they insured by SIPC.
How do I access the account statement for my IRAs?
Follow these steps to access your IRA monthly account statements:
On the Crypto.com App home screen, tap IRAs from the main menu
Tap Account details > Account Statement
If you have any questions, please contact our Customer Support team anytime on the Crypto.com App menu > Support > Contact Support. Our IRA Customer Support live chat team is there on Monday to Friday 8am - 6pm ET.