Crypto 401(k): Sound financial planning or gambling with the future?

Cointelegraph

Published Jun 06, 2022 10:54AM ET

Updated Jun 06, 2022 12:40PM ET

In April, United States-based retirement plan provider Fidelity Investments moved to allow 401(k) retirement savings account holders to invest directly in Bitcoin (BTC), the flagship cryptocurrency, making crypto a potential part of one’s savings for the future.

A 401(k) is a retirement savings plan offered by many U.S. employers that give the saver tax advantages and allow for several different investment options. Fidelity’s move will make it easier for Bitcoin to be among those options.

Sculpture of a bear and a bull on a seesaw, representing the changing markets, in front of Fross and Fross Wealth Management office in The Villages, Florida. Source: Whoisjohngalt.

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