Fidelity Crypto IRA review: fees, coins and rollovers

You won't pay a yearly account or custody fee. Fidelity charges 1.0% on each purchase and another 1.0% on each sale.

What that looks like at different balances, assuming you hold your coins and don't trade after buying in:

• Moving $10,000 costs $100 to buy in, then $0 a year after that.
• Moving $50,000 costs $500 to buy in, then $0 a year after that.
• Moving $250,000 costs $2,500 to buy in, then $0 a year after that.

That yearly number assumes you simply keep your coins without trading. Sell at any point and the 1% charge comes back into play.

In its crypto IRA, Fidelity lists 4 coins. They're held by Fidelity Digital Assets, National Association, which is a national trust bank.

The bank serves as custodian, meaning the firm that legally holds the IRA's assets and maintains its records.

The account comes in three forms: traditional, Roth, or rollover IRA. Fresh contributions are limited by the annual cap, $7,500 for 2026. Money rolled over from a 401(k) doesn't use up any of that room.

Yes, and Fidelity has a Crypto Rollover IRA built for exactly that. Funds sitting in a former employer's plan can move over whenever you like.

Things work differently with a 401(k) at the job you hold now. Getting it into a crypto IRA requires an in-service rollover, where you shift money to an IRA while still employed there. Not every plan permits this. Call and a specialist will help you work out what your plan allows and what that means for your options.

How the funds travel determines whether anything gets withheld or taxed.

• Direct rollover: the old plan sends the money straight to the new IRA. Nothing is withheld, and nothing is taxed unless you move pre-tax money into a Roth IRA. Move $20,000 like this and the whole $20,000 stays invested.
• Indirect rollover: the plan sends the money to you, keeping 20% for federal tax. On a $20,000 payout, that's $4,000. You then get 60 days to move the entire payout into an IRA, even the 20% the plan kept.

Miss that 60-day window and the money counts as a withdrawal, and under 59½ a 10% additional tax applies on top. Picture $20,000 withdrawn at 45. A 22% federal rate plus 5% for the state would leave only $12,600, after $2,000 in extra tax, $4,400 to the IRS, and $1,000 to the state.

When your plan has already mailed a payout check to you, the clock is ticking. Call today so you can plan the deposit before the 60 days run out.

Shifting money from a pre-tax 401(k) into a Roth IRA triggers tax in the year you move it. Move $30,000 at a 22% rate and roughly $6,600 goes to federal tax.

Whether it's worth it hinges on your rate down the road. If you expect the same or a higher rate in retirement, a Roth can be the better fit, while a lower rate often favors a traditional IRA. A specialist can talk through which one suits where you are.

Here's what several custodians charge at a $50,000 balance, first to buy in and then each year after:

• Fidelity Crypto IRA: $500 to buy in, $0 a year after.
• iTrustCapital: $500 to buy in, $0 a year after.
• Coin IRA: $625 to buy in, $0 a year after.
• IRA Financial: $500 to buy in, $100 a year after.
• Swan: $500 to buy in, $240 a year after.
• Unchained: $750 to buy in, $250 a year after.
• BitcoinIRA: $1,000 to buy in, $480 a year after.

At this balance, Fidelity is tied for cheapest. This site has no custodian links and takes no money from custodians or 401(k) providers.

A specialist can walk through crypto in a 401(k), moving funds into a crypto IRA, plus solo 401(k) plans with you. You'll come away knowing what each route means for your money. What you do after that is entirely your call.

Call a retirement specialist, or leave your details on the consultation form and the specialist will get back to you. You'll be asked for your name, a phone number or email, where your 401(k) money currently sits, and a brief description of your situation.