Is Fidelity Crypto IRA Available in Oregon? Here’s What You Need to Know

The world of retirement investing is evolving fast, and the rise of cryptocurrency as a potential asset class has drawn major attention. Fidelity, one of the most established names in financial services, recently introduced its Fidelity Crypto IRA, giving individuals the ability to invest in cryptocurrencies like Bitcoin, Ethereum, and Solana within a tax-advantaged retirement account. This move has excited many people looking to diversify their long-term portfolios with digital assets. 

However, if you live in Oregon, this option isn’t available yet. Fidelity Crypto IRA services are currently not offered in Oregon or California. While Oregon residents do have access to Fidelity’s standard crypto trading platform, the IRA version of the service remains off-limits for now. 

A Snapshot at Oregon’s Retirement Landscape 

Oregon’s population is aging faster than the national average. In 2022, the state was home to an estimated 806,907 adults aged 65 and older, nearly 2% above the national average of 16.8%. That number is expected to surge to 1.28 million by 2050, a 59% increase that will add nearly 473,771 older adults to the population. This sharp demographic shift highlights the growing urgency for accessible, diversified, and future-ready retirement savings solutions tailored to Oregon’s needs. 

Despite this, many Oregonians still lack adequate retirement preparedness. Over 1 million workers in the state had no access to a workplace retirement plan. That’s part of what spurred the launch of Oregon Saves, a state-sponsored Roth IRA program designed to close the retirement savings gap. 

According to Nasdaq, a realistic retirement age in Oregon is 62, with an estimated nest egg requirement of $1,393,844 to retire comfortably. These figures offer a snapshot of the financial demands facing Oregon retirees. At the same time, they underscore the need for flexible, growth-oriented investment strategies, including emerging options like Crypto IRAs, that can help bridge the gap between traditional retirement savings and rising cost-of-living expectations. 

BitcoinIRA¹: A Crypto IRA Option Available in Oregon 

While Fidelity’s Crypto IRA isn’t accessible in Oregon, residents still have options. One standout is BitcoinIRA, a platform that operates in all 50 states. BitcoinIRA offers self-directed IRAs that allow users to invest in a wide array of cryptocurrencies. 

Through BitcoinIRA, Oregonians can tap into the potential of digital assets while maintaining the tax advantages of an IRA. The platform supports multiple account types, including Traditional, Roth, and SEP IRAs, giving investors flexibility depending on their financial goals and tax planning needs. 

Key Features of BitcoinIRA: 

• Availability Across All 50 States: Unlike Fidelity Crypto IRA, BitcoinIRA is accessible to residents in every state, including Oregon. 

• Wide Range of Cryptocurrencies: BitcoinIRA offers a broader selection of cryptocurrencies beyond Bitcoin, Ethereum, and XRP, including over 75 different digital assets. 

• Tax-Advantaged Growth: Similar to regular IRAs, investments within a BitcoinIRA can grow tax-deferred (Traditional and SEP) or tax-free (Roth), depending on the account type. 

• Secure Custody²: BitcoinIRA partners with regulated custodians to ensure the security of your digital assets. They often provide insurance on custodied assets, offering an added layer of protection. 

• 24/7 Trading: Many platforms, including BitcoinIRA, allow users to buy and sell cryptocurrencies within their IRA around the clock. 

• Dedicated Support: BitcoinIRA typically offers dedicated support to guide users through the process of setting up and managing their Crypto IRA. 

Fidelity Crypto IRA vs. BitcoinIRA