Financial Literacy

What Is a Bitcoin Roth IRA?

Rodney Brooks
April 29, 2022

The popularity of cryptocurrency continues to soar, pushed by a younger generation of investors who see it as the future of currencies, despite the volatility and warnings from financial regulators. As support for digital currency grows, some investors are asking financial advisors if it can and should be part of their retirement plans. Cryptocurrency can be part of your individual retirement account, but that doesn’t necessarily mean that it should.


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Authored By Rodney A. Brooks

TRAFOTFBThe author tells the history of the Freedman’s Savings Bank, how it grew much too quickly, why it failed and the impact on Black America. The Freedman’s Bank offered a safe depository for formerly enslaved people, expanded quickly and gained millions in deposits – mostly ranging from $5 to $50. But inexperience and corruption doomed it to failure, costing may of the small depositors their savings.

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“Rodney A. Brooks’ ‘Fixing the Racial Wealth Gap’ is one of the best written and most prescriptive books I’ve read on this prickly subject. Using powerful stats, stories and insightful wisdom, it is written from the heart, mind, body and spirit … plus years of research and thought as a mainstream journalist, Fixing the Racial Wealth Gap is revealing, humorous, instructive and sobering.” – Dr. George C. Fraser

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