Retirement contributions

You can't contribute directly to a Fidelity Crypto^® IRA. All contributions are made in US dollars to the Fidelity brokerage IRA. You can then move money to the linked Fidelity Crypto^® IRA. Your eligibility to contribute and methods to deposit money are the same as other Fidelity brokerage IRAs. Learn about the types of IRAs and your choices

Tax treatment is determined by the IRA type. Contributions and distributions are completed and reported through the linked Fidelity brokerage IRA.

If you think you've overcontributed to your IRA, consult with a tax advisor to review your situation. Learn about return of excess contributions and your options. Remedies for overcontribution are handled through the Fidelity brokerage IRA linked to your Fidelity Crypto^® IRA.

Recharacterizations of contributions are handled through the Fidelity brokerage IRA linked to your Fidelity Crypto^® IRA. Learn about recharacterizations of IRA contributions

Crypto transfers aren't available for Fidelity Crypto^® IRAs.

You can't request a transfer of assets into a Fidelity Crypto^® IRA. You could transfer an IRA from another firm into an eligible Fidelity brokerage IRA and then move money into a linked Fidelity Crypto^® IRA.

You can use automatic investments for contributions to your linked Fidelity brokerage IRA and then move money to your Fidelity Crypto^® IRA, but the feature can't be set up with Fidelity Crypto^® IRAs.

You can’t complete a direct rollover from a 401(k) to a Fidelity Crypto^® IRA. Learn about your options with your 401(k). If a rollover to a Fidelity brokerage IRA is completed, money can be moved to a linked Fidelity Crypto^® IRA.

Transfers between your linked Fidelity brokerage IRA and Fidelity Crypto^® IRA are nonreportable and nontaxable.

Fidelity Digital Assets^® provides Form 5498 for Fidelity Crypto^® IRAs to report year-end valuations and required minimum distribution (RMD) status only. Contributions are reported through the linked Fidelity brokerage IRA.