Bitcoin in 401(k) becomes reality for more, despite warnings
NEW YORK (AP) -- More workers may soon be able to stake some of their 401(k) retirement savings to bitcoin, as cryptocurrencies crack even deeper into the
Stay updated with breaking news from Dave Gray. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
NEW YORK (AP) -- More workers may soon be able to stake some of their 401(k) retirement savings to bitcoin, as cryptocurrencies crack even deeper into the
Fidelity Investments intends to allow employees to include a bitcoin account in their 401(k) account. The corporation will be the first big provider of retirement plans to do so.
Employers have legal duties that may keep them from jumping into crypto, even if some workers are asking for it.
Fidelity said it has signed up one employer that will add the offering to its plan later this year. The U.S. government has warned the industry to exercise extreme care when offering cryptocurrencies.
Employers have legal duties that may keep them from jumping into crypto, even if some workers are asking for it.