Fidelity to offer bitcoin option in retirement plans
The U.S. government last month warned the retirement industry to exercise “extreme care” when doing something like this.
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The U.S. government last month warned the retirement industry to exercise “extreme care” when doing something like this.
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Fidelity Investments announced it would begin offering participants in 401(k) plans the opportunity to invest in cryptocurrencies.
Later this year, Fidelity will give employers an option that enables workers to save a portion of their 401(k) in Bitcoin. MicroStrategy is the first company to adopt this offering.
NEW YORK -- More workers will likely be able to stake some of their 401(k) retirement savings to bitcoin, as cryptocurrencies crack even deeper into the mainstream.