Review

Retirement Saving

Alto IRA Review: Best Place for Your Money? [Tested 2023]

Alto IRA Review: Best Place for Your Money? [Tested 2023]
Updated:
June 9, 2023
By
Liam Langers

Quick Read

I tested Alto IRA for Big Brain Solution and found it to be an excellent choice for those looking to diversify their retirement portfolio with alternative investments.

We love the array of assets Alto offers, including private equity, real estate, and even cryptocurrencies through their CryptoIRA.

Their transparent and reasonable fee structure won us over, and the customer support team proved to be responsive and helpful.

If you're curious about self-directed IRAs and eager to explore alternative investments, we highly recommend giving Alto IRA a try.

Visit their website and discover the potential of Alto IRA for your financial future!

In the world of investing, it's crucial to stay ahead of the curve and explore opportunities that could potentially give your retirement savings an extra edge.

With this in mind, my team and I decided to take a closer look at Alto IRA, a platform that has gained popularity for offering alternative investment options.

In this review, I'll share my experience using Alto IRA and provide insights on whether it's the right choice for diversifying your retirement portfolio.

What is Alto IRA?

Alto IRA is a self-directed IRA provider that specializes in alternative investments, allowing individuals like you and me to invest our retirement savings in assets beyond traditional stocks, bonds, and mutual funds.

The platform enables investors to access a wide range of alternative assets, including private equity, real estate, and cryptocurrency, among others.

Alto IRA aims to make alternative investing more accessible and user-friendly, breaking down barriers that may have previously kept everyday investors from exploring these opportunities.

During this review, it's good to know Alto IRA has two options: Alto IRA (invest in all kinds of alternative investments), and it's CryptoIRA (for investing in cryptocurrencies through Coinbase as custodian).

I'll share my experience with both.

Key features of Alto IRA

Features of Alto IRA

During my time exploring Alto IRA, I discovered several key features that set it apart from traditional IRA providers.

These features not only made the platform stand out but also contributed to a more enjoyable and seamless investing experience.

Here's a rundown of what I found:

Alternative Investments

Alto IRA's primary selling point is its focus on alternative investments.

The platform offers a wide array of assets, including private equity, real estate, and cryptocurrency (through their CryptoIRA).

This diverse selection allowed me to diversify my portfolio in ways I couldn't with a traditional IRA provider, potentially reducing my overall risk and boosting potential returns.

User-Friendly Platform

Navigating the world of alternative investments can be daunting, but Alto IRA has designed a user-friendly platform that simplifies the process.

From account setup to investment selection, I found that the platform's intuitive interface made it easy to get started and manage my investments.

Transparent Pricing

One aspect I appreciated about Alto IRA was its transparent pricing structure.

There were no hidden fees or surprise charges, allowing me to clearly understand the costs associated with investing in alternative assets.

This transparency made it easy to compare Alto IRA's fees to those of other providers (even thought most are a lot less transparent) and determine if it was a cost-effective choice for my investment needs.

Customer Support

Whenever I had questions or needed assistance, Alto IRA's customer support team was readily available to help.

In my experience, they were knowledgeable, professional, and responsive, making me feel confident that any issues would be promptly addressed.

How to Open an Alto IRA account: my step-by-step experience

How to Open an Alto IRA Account

Opening an Alto IRA account was a straightforward process that I found to be user-friendly and hassle-free. In this section, I'll walk you through the steps I took to set up my account and start investing in alternative assets.

  1. Visit the Alto IRA website: To begin, I navigated to the Alto IRA website, where I found an abundance of information about the platform, including details on investment options, fees, and account types.
  2. Create an account: Next, I clicked the "Sign Up" button on the homepage, which led me to a sign-up form. I provided my name, email address, and a secure password to create my account.
  3. Choose an account type: Alto IRA offers several account types, including Traditional, Roth, and SEP IRAs. Based on my individual investment goals and tax situation, I selected the account type that best suited my needs.
  4. Complete the application: I then completed a comprehensive application that included personal information, employment details, and beneficiary designations. Throughout the process, Alto IRA provided helpful tooltips and explanations to guide me in filling out the form accurately.
  5. Fund the account: To fund my new Alto IRA account, I had the option to transfer funds from an existing IRA, 401(k), or another qualified retirement account. I opted to roll over funds from an existing 401(k), which involved providing some basic information about my current plan and initiating the transfer. The platform also allowed me to contribute funds directly from my bank account.
  6. Choose investments: Once my account was funded, I was ready to explore the variety of alternative investments available on Alto IRA. The platform offered a wide range of options, including private equity, real estate, and cryptocurrency. I carefully researched each opportunity before making my investment selections.
Alto IRA investments: an overview of your options

Alto IRA Investment Options

During my time exploring the Alto IRA platform, I discovered a wide range of investment options that cater to various interests and risk appetites.

One of the platform's strengths is its ability to provide access to alternative investments that aren't typically available in traditional IRAs.

Here are some of the investment options I encountered:

  1. Private equity: Alto IRA allows investors to participate in private equity deals, giving them the opportunity to invest in early-stage startups, buyout funds, and other ventures with the potential for high returns.
  2. Real estate: Real estate investments were another exciting option on the platform. Alto IRA enables account holders to invest in residential, commercial, and even undeveloped properties, diversifying their portfolios with tangible assets.
  3. Art: For those with an interest in fine art, Alto IRA has partnered with Masterworks, a platform that allows investors to purchase shares in high-value artworks. This unique offering adds an element of culture and sophistication to one's investment portfolio.
  4. Farmland: Alto IRA also offers the option to invest in farmland, which can be an attractive alternative asset for those looking to hedge against inflation and achieve long-term, stable returns.
  5. Venture capital: I found the platform's venture capital investment options particularly intriguing, as they allowed me to invest in funds that support high-growth startups and emerging technologies.
  6. Securitized collectibles: For collectors and enthusiasts, Alto IRA offers the chance to invest in securitized collectibles, such as rare coins, sports memorabilia, and more.
  7. Infrastructure and private credit: The platform also provides access to investments in infrastructure projects and private credit opportunities, both of which can offer attractive yields and diversification benefits

Alto IRA's Partners

In order to offer a wide variety of alternative investment options, Alto IRA has partnered with several well-known platforms and companies in the alternative investment space.

These partnerships allow account holders to seamlessly access and invest in various asset classes, further diversifying their portfolios.

Some of the notable partners include:

  1. AcreTrader: A platform enabling investment in shares of US farmland for stable, income-producing assets.
  2. AngelList: A popular platform for investing in early-stage startups, providing access to a vast network of companies and investment opportunities.
  3. CalTier Realty: A real estate crowdfunding platform focused on multi-family and commercial properties, enabling investors to add real estate exposure to their portfolios.
  4. Capital Engine: A financial technology platform offering investment opportunities in private equity, real estate, and other alternative assets.
  5. Constitution Lending: A platform that provides investors access to private credit opportunities in the form of loans to small businesses and individuals.
  6. Eaglebrook Advisors: A platform that focuses on providing investment opportunities in digital assets and cryptocurrencies.
  7. Equifund: A crowdfunding platform that connects investors with startups and early-stage companies, providing opportunities to invest in innovative businesses.
  8. FarmTogether: A platform offering investment opportunities in US farmland, focusing on sustainable and responsible agricultural practices.
  9. Ignite Social Impact: A platform that allows investors to support early-stage social impact startups and make a positive difference in the world.
  10. InfraShares: A platform offering investment opportunities in infrastructure projects, including transportation, energy, and water assets.
  11. Masterworks: A platform allowing investors to buy shares in high-value fine art pieces, adding a unique and sophisticated asset to their portfolios.
  12. Prosper: A peer-to-peer lending platform enabling investors to provide loans to individual borrowers, earning interest income in the process.
  13. Republic: A platform facilitating investments in private startups and real estate projects, providing access to a wide range of investment opportunities.
  14. Silicon Prairie: A platform focusing on connecting investors with early-stage startups based in the Midwest, offering access to innovative companies outside the typical Silicon Valley ecosystem.
  15. Supervest: A platform providing investment opportunities in revenue-based financing for small and medium-sized businesses, offering investors a way to earn income while supporting growing companies.

CryptoIRA Investment Options and Characteristics

During my time testing Alto's CryptoIRA, I was eager to explore the investment options and characteristics it had to offer.

After all, one of the main attractions of a CryptoIRA is the ability to diversify your portfolio with digital assets.

In this section, I'll share my experience with Alto's CryptoIRA and provide some insight into the range of cryptocurrencies available, as well as the platform's trading features.

Wide Selection of Cryptocurrencies

Alto's CryptoIRA, in partnership with Coinbase, allows investors to choose from over 200 cryptocurrencies.

This extensive selection includes popular options like Bitcoin and Ethereum, as well as lesser-known altcoins.

I was pleased to see such a diverse range of digital assets, as it gave me the opportunity to explore various segments of the crypto market and tailor my portfolio to my preferences.

Tax Advantages

One of the most significant benefits of using a CryptoIRA is the tax advantages it provides.

With Alto's CryptoIRA, my investments in cryptocurrencies were either tax-free or tax-deferred, depending on the type of IRA account I chose (traditional, Roth, or SEP).

This meant that I could trade, buy, and sell cryptocurrencies without worrying about capital gains taxes or other tax implications.

Real-Time Trading and Mobile App

Alto's CryptoIRA allows for 24/7, real-time trading, which I found incredibly convenient, as it enabled me to manage my investments whenever and wherever I wanted.

Additionally, Alto's mobile app made it easy to monitor my portfolio and execute trades on-the-go.

Market and Limit Orders

I appreciated the ability to place both market and limit orders through Alto's CryptoIRA.

Market orders allowed me to buy or sell cryptocurrencies at the current market price, while limit orders enabled me to set a specific price at which I wanted to buy or sell.

This provided flexibility in my trading strategy and helped me to make more informed decisions.

Low and Transparent Fees

Alto's CryptoIRA features a straightforward fee structure, with no hidden charges or high investment minimums.

There is a 1% trade fee, and the minimum investment is only $10.

A 1% fee is low compared to most competitors, for example Bitcoin IRA has a 2% trading fee and way more additional costs.

This transparency and affordability made it easy for me to understand the costs associated with my investments and allowed me to focus on growing my portfolio.

Secure Storage

Finally, the security of my investments was crucial, and Alto's CryptoIRA didn't disappoint.

All of the digital assets are stored in Coinbase's institutional-grade hot and cold storage facilities, ensuring the safekeeping of my cryptocurrencies.

Safety of Alto IRA

Alto IRA's Security and Regulation

I paid special attention to the security and regulation aspects of the platform. After all, it's important to ensure your investments are safe and protected.

In this section, I'll cover some key points that I found particularly reassuring, and I'll make a distinction between the security measures for Alto IRA and the CryptoIRA.

Regulatory Compliance

Alto IRA is a regulated financial institution that complies with all applicable laws and regulations.

This includes the Internal Revenue Service (IRS) rules governing self-directed IRAs and the Employee Retirement Income Security Act (ERISA).

By adhering to these regulations, Alto IRA ensures that your account remains in good standing and eligible for the tax advantages associated with IRAs.

Asset Custody and Security for Alternative Investments

For alternative investments such as real estate, venture capital, and more, Alto IRA partners with some of the most recognized names in alternative investing.

This allows you to invest in assets you're interested in, like contemporary art, real estate, or socially conscious startups.

The platform uses a third-party custodian to hold your assets, which is a standard practice for self-directed IRA providers.

This ensures a separation between the company managing your investments and the entity responsible for safekeeping your assets.

The custodian's role is to safeguard your investments, track your transactions, and provide regular account statements.

Asset Custody and Security for CryptoIRA

As mentioned earlier ,when it comes to the CryptoIRA, Alto IRA partners with Coinbase (the most well-known platform in the world), to act as the custodian for your crypto assets.

Coinbase securely stores coins and tokens in institutional-grade hot and cold storage facilities.

Additionally, neither Coinbase nor Alto will lend, loan, use, or rehypothecate Alto CryptoIRA assets.

FDIC-Insured Cash Accounts

For both alternative investments and CryptoIRA, undirected cash is kept in FDIC-insured accounts.

This means that, in the unlikely event of a bank failure, your cash is protected up to the applicable FDIC limits, which can offer some peace of mind.

Cybersecurity and Fraud Protection

For the CryptoIRA, Alto IRA's third-party custodian maintains a $320 million insurance policy against cybercrime and fraud, adding an extra layer of protection for your investments.

In addition, Alto encourages the use of two-factor authentication (2FA) for added account security.

Alto IRA Fee Structure: what are your costs?

Alto IRA's Fee Structure

When I started using Alto IRA, I wanted to make sure I fully understood the fee structure associated with both their alternative investment IRA and their CryptoIRA.

After all, fees can have a significant impact on the overall performance of an investment portfolio.

In this section, I'll outline my experience with Alto IRA's fee structure and how it compares to other IRA providers.

Alternative Investment IRA Fees

Alto offers two plans for their alternative investment IRA: the Starter Plan and the Pro Plan.

I found the Starter Plan to be more suitable for those who want to invest with Alto's existing investment partners.

The fees for the Starter Plan include a $10 monthly account fee or $100 annual account fee (which gives you two months free), a $0 custody fee, a $10 partner investment fee, and no inbound funding or rollover fees.

There are additional fees for account closure ($50) and outbound wire transfers ($25).

The Pro Plan, on the other hand, is designed for investors who want to invest outside of Alto's existing partners.

With the Pro Plan, you get everything in the Starter Plan plus the ability to invest in private opportunities.

The account fee for the Pro Plan is $25 per month or $250 per year (again, two months free), and private investment fees are set at $75 per transaction.

CryptoIRA Fees

Alto's CryptoIRA has a different fee structure, which I found to be very transparent and reasonable compared to other CryptoIRA providers.

There are no account or custody fees, and the investment minimum is only $10.

The platform charges a 1% trade fee, which is relatively low.

Additional fees include a $50 account closure fee and a $25 outbound wire fee.

There are no hidden charges, which I appreciated, as it made it easy to understand the costs involved with investing in cryptocurrencies through an Alto CryptoIRA.

Alto IRA customer service: what support can you expect?

Alto IRA's Customer Service and Support

When it comes to handling my retirement savings, customer service and support are of utmost importance.

Throughout my experience with Alto IRA, I had several interactions with their customer service team and found them to be helpful, professional, and responsive.

Reaching Out for Assistance

When I first opened my Alto IRA account, I had some questions about the investment process and the platform itself.

I reached out to their customer support team via email and was pleasantly surprised by how quickly they responded.

Within a few hours, I received a detailed reply addressing my concerns and providing additional resources to help me get started.

Knowledgeable and Friendly Staff

During my time using Alto IRA, I had a couple of instances where I needed further clarification on specific investment options and account management.

Each time I contacted their support team, I was met with knowledgeable and friendly staff members who took the time to understand my concerns and provide clear and accurate information.

Useful Online Resources

Aside from their direct support, I also found Alto IRA's online resources to be quite helpful.

Their website features an extensive FAQ section that covers a wide range of topics, from account setup and funding to investment options and fees.

Additionally, they provide educational materials on alternative investments and cryptocurrencies, which I found to be very informative and useful for enhancing my understanding of these asset classes.

Alto IRA Pros and Cons: a quick overview

Pros and Cons of Alto IRA

After using Alto IRA for some time, I have gained a better understanding of its strengths and weaknesses.

To help you make an informed decision on whether Alto IRA is the right choice for you, I've put together a list of pros and cons based on my personal experience with their platform.

Pros

  1. Wide Variety of Alternative Investment Options: Alto IRA offers a diverse range of alternative investment options, including real estate, venture capital, private equity, and more. This allows me to diversify my portfolio and explore unique investment opportunities.
  2. CryptoIRA Integration: The ability to invest in cryptocurrencies using a tax-advantaged IRA is a significant advantage for those interested in the growing digital asset market. The Coinbase integration simplifies the process and offers access to over 200 cryptocurrencies.
  3. User-Friendly Platform: The Alto IRA platform is intuitive and easy to navigate. I had no trouble finding the information I needed, and the process of making investments was straightforward.
  4. Transparent Fee Structure: Alto IRA's fees are clearly outlined on their website, and I found them to be reasonable compared to other IRA providers offering alternative investments. The lack of hidden charges and high minimums is a definite plus.
  5. Helpful Customer Support: As mentioned earlier, my interactions with Alto IRA's customer support were positive, and their knowledgeable staff provided timely and helpful responses to my inquiries.

Cons

  1. Limited Access to Some Investment Opportunities: While Alto IRA has partnered with several well-known investment platforms, you may still encounter investment opportunities not available on their platform. However, their Pro Plan does allow for investment in opportunities outside of their existing partners.
  2. No Mobile App for Alto IRA: Although they offer a mobile app for their CryptoIRA, there's no dedicated mobile app for the main Alto IRA platform. This can be a downside for those who prefer managing their investments on the go.
  3. Fees Can Add Up: While the fee structure is transparent, the costs can add up for investors who make frequent transactions or invest in several different assets. It's essential to keep this in mind when planning your investment strategy with Alto IRA.
Alto IRA Taxes and Additonal tips for success

Tax Implications of a Self-Directed IRA

When I started using Alto IRA, I knew it was crucial to understand the tax implications associated with a self-directed IRA.

After all, one of the key reasons people choose to invest using an IRA is to take advantage of the tax benefits.

Here's a quick rundown of what I learned about the tax implications of using a self-directed IRA like Alto IRA.

Tax-Deferred Growth

Just like traditional IRAs, self-directed IRAs offer tax-deferred growth on investments.

This means that I don't have to pay taxes on the gains from my investments within the IRA until I start taking distributions.

This tax-deferred growth allows my investments to compound over time, which can significantly boost the overall value of my retirement portfolio.

Contributions

Depending on the type of self-directed IRA I chose (traditional or Roth), the tax implications of my contributions would differ.

With a traditional IRA, I can contribute pre-tax dollars, which reduces my taxable income for the year.

However, when I eventually withdraw the funds in retirement, I'll pay income tax on the distributions.

On the other hand, with a Roth IRA, my contributions are made with after-tax dollars, but I won't owe taxes on my qualified distributions in retirement.

Rollovers and Conversions

When I rolled over funds from another retirement account to my Alto IRA, I had to be cautious about the tax implications.

Direct rollovers, where the funds move directly from one retirement account to another without being paid to me, are typically tax-free.

However, if I were to take a distribution from my previous account and not complete the rollover within 60 days, it could be considered a taxable event and potentially subject to a 10% early withdrawal penalty.

Unrelated Business Taxable Income (UBTI)

As I delved into alternative investments, I learned about the potential tax implications of Unrelated Business Taxable Income (UBTI).

If my self-directed IRA invests in a business that generates UBTI, the IRA might be subject to taxes on that income.

It's essential to be aware of this possibility when making alternative investments and to consult with a tax professional to understand the potential tax consequences.

Preparing for Retirement with a Self-Directed IRA

As I began using Alto IRA, I quickly realized that having a self-directed IRA is an excellent way to diversify my retirement portfolio and take control of my financial future.

Here's how Alto IRA helped me prepare for retirement in ways that traditional IRAs couldn't:

Diversification

One of the most significant advantages of using a self-directed IRA like Alto IRA is the ability to invest in a wide variety of alternative assets, from real estate to private equity, startups, and more.

This diversification helped me reduce the overall risk in my retirement portfolio, as I wasn't solely relying on stocks and bonds.

The diverse investment options also allowed me to explore exciting opportunities that I genuinely cared about, making the whole process more enjoyable.

Potential for Higher Returns

By gaining access to alternative investments, I had the opportunity to invest in assets with the potential for higher returns compared to traditional investments.

Of course, these investments can come with higher risks, but by carefully researching and selecting the right opportunities, I could potentially boost my retirement savings.

Control and Flexibility

With a self-directed IRA, I had the freedom to choose the investments that best suited my financial goals and risk tolerance.

This control was empowering and allowed me to take a more hands-on approach to my retirement planning.

Tax Advantages

Alto IRA provided me with the same tax benefits as traditional IRAs.

Depending on whether I chose a traditional or Roth IRA, I could either lower my taxable income now or enjoy tax-free withdrawals in retirement.

This tax efficiency helped me maximize my retirement savings.

Informed Decision-Making

Alto IRA's user-friendly platform and extensive resources helped me make informed investment decisions.

The customer support team was also readily available to answer any questions or concerns I had, ensuring I felt confident about my investment choices.

Additional Tips to Maximize the Potential of Alto IRA

While using Alto IRA, I discovered several tips and strategies that helped me make the most of my self-directed IRA.

I'm excited to share these insights with you, so you too can maximize the potential of your Alto IRA account:

Research and Educate Yourself

Since you have more control over your investments with a self-directed IRA, it's crucial to educate yourself about the various alternative assets available on Alto IRA's platform.

Spend time researching the investment options, understanding their risks and potential returns, and learning about the industries they're in.

This knowledge will help you make better-informed decisions and increase your chances of success.

Diversify Within Alternative Assets

Just as you would diversify your traditional investment portfolio, it's essential to diversify within the alternative assets you choose for your Alto IRA.

Spreading your investments across different asset classes like real estate, startups, and private equity can help reduce the overall risk in your self-directed IRA and increase your chances of achieving higher returns.

Monitor Your Investments Regularly

With a self-directed IRA, it's crucial to stay up-to-date with your investments and make adjustments as needed.

Regularly monitor your portfolio's performance and evaluate whether it's still aligned with your financial goals and risk tolerance.

This proactive approach can help you identify potential issues early and make necessary adjustments to keep your retirement plan on track.

Leverage Alto IRA's Resources

Alto IRA offers a wealth of resources to help you make informed decisions.

From their extensive list of investment partners to their helpful customer support team, make sure you utilize these resources to your advantage.

Don't hesitate to reach out to their customer service if you have questions or need guidance.

Consider Long-Term Goals and Risk Tolerance

When selecting alternative investments for your Alto IRA, it's essential to consider your long-term financial goals and risk tolerance.

Keep in mind that some alternative assets may have longer investment horizons or higher risks compared to traditional investments.

Ensure that your investment choices align with your overall retirement plan and risk appetite.

Alternatives to Alto IRA

Alternatives to Alto IRA

If you are considering an IRA but are not sure if Alto IRA is the right fit for you, here are a few additional alternatives to consider:

Bitcoin IRA

Bitcoin IRA is a financial technology company that specializes in providing IRAs that allow users to invest in cryptocurrencies.

The company offers a range of investment options, including Bitcoin, Ethereum, and Litecoin, and has a user-friendly platform that makes it easy to manage your investments.

Bitcoin IRA Review

iTrustCapital

iTrustCapital is a financial technology company that offers IRAs that allow users to invest in alternative assets, including cryptocurrencies and precious metals.

The company has a user-friendly platform and a range of investment options to choose from.

iTrustCapital Review

Rocket Dollar

Rocket Dollar is a financial technology company that offers self-directed IRAs that allow users to invest in a wide range of alternative assets, including real estate, start-ups, and private equity.

The company has a user-friendly platform and a range of investment options to choose from.

Rocket Dollar Review

My Digital Money

My Digital Money is a financial technology company that offers IRAs that allow users to invest in a wide range of alternative assets, including cryptocurrencies and precious metals.

The company has a user-friendly platform and a range of investment options to choose from.

My Digital Money Review
Our opinion of Alto IRA

Conclusion

As a writer and researcher at Big Brain Solution, I've dived deep into various investment platforms, and I can honestly say that Alto IRA stands out as a top choice for those looking to spice up their retirement portfolio with alternative assets.

From the moment I started using Alto IRA, I was impressed by the platform's user-friendly interface, diverse investment options, and crystal-clear fee structure.

Their customer support has been nothing short of fantastic, always ready to help when I needed it.

In my journey with Alto IRA, I've had the opportunity to explore different investment avenues, like real estate, venture capital, and cryptocurrencies, which I believe will help me build a robust and well-rounded retirement portfolio.

So, if you're curious about Alto IRA and want to give it a shot, I encourage you to visit their website and explore the world of alternative investments.

Trust me; it's an adventure worth taking.

Alto IRA FAQs

What are alternative investments?

Alternative investments are assets that fall outside of the traditional investment categories, such as stocks, bonds, and cash.

Examples include real estate, private equity, venture capital, cryptocurrencies, and collectibles.

What types of IRAs does Alto offer?

Alto offers Traditional, Roth, and SEP IRAs, along with their specialized CryptoIRA.

Can I rollover funds from my existing retirement account into an Alto IRA?

Yes, you can rollover funds from an existing IRA, 401(k), 403(b), or other qualified account into an Alto IRA at no charge.

What are the fees associated with Alto IRA?

Alto IRA offers two plans: Starter and Pro. The Starter Plan has a $10/month or $100/year account fee, while the Pro Plan has a $25/month or $250/year account fee.

Both plans have a $0 custody fee and a $10 partner investment fee, among other fees.

The Alto CryptoIRA has a 1% trade fee and no account or custody fees.

What investment partners does Alto IRA work with?

Alto IRA has partnered with various alternative investment platforms, including Acre Trader, AngelList, CalTier, Capital Engine, Constitution Lending, Eaglebrook Advisors, Equifund, FarmTogether, Ignite Social Impact, InfraShares, Masterworks, Prosper, Republic, Silicon Prairie, and Supervest.

What is the Alto CryptoIRA?

The Alto CryptoIRA is a specialized IRA that allows you to invest in up to 200+ cryptocurrencies, including Bitcoin and Ethereum, in a tax-advantaged account.

It integrates with Coinbase for trading and secure storage of your crypto assets.

Is my money safe with Alto IRA?

Alto takes several measures to ensure the safety of your assets.

They use FDIC-insured accounts for undirected cash, while cryptocurrencies are held in secure hot and cold storage maintained by Coinbase.

Their third-party custodian also maintains a $320 million insurance policy against cybercrime and fraud.

How do I open an Alto IRA account?

To open an Alto IRA account, visit their website and follow the step-by-step instructions for creating a new account.

You'll need to provide personal information and, if applicable, transfer funds from an existing retirement account.

Can I invest in individual stocks with Alto IRA?

Alto IRA focuses on alternative investments, so you cannot directly invest in individual stocks.

However, you can invest in private equity and venture capital, which may include exposure to pre-IPO companies or private businesses.

What is the minimum investment amount for Alto CryptoIRA?

The minimum investment amount for the Alto CryptoIRA is $10.

Can I transfer my existing cryptocurrency holdings into an Alto CryptoIRA?

No, you cannot transfer existing cryptocurrency holdings directly into an Alto CryptoIRA.

You must fund the account with cash or by rolling over funds from another qualified retirement account, and then purchase cryptocurrencies within the CryptoIRA.

How do I withdraw funds from my Alto IRA account?

To withdraw funds from your Alto IRA, you'll need to submit a distribution request through their online platform.

Keep in mind that distributions may be subject to taxes and penalties, depending on the type of IRA and your age.

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