Published 2 years ago

Fidelity’s New 401(k) Offering Will Invest in Bitcoin

Summary by Ground News

Boston-based Fidelity has become the first major retirement plan provider that has allowed investors to add a bitcoin account to their 401(k)s. The 23,000 companies that use Fidelity to administer their retirement plans will have the option to add bitcoin to their plans later this year.

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Reuters

Fidelity to allow retirement savings allocation to bitcoin in 401(k) accounts

Fidelity Investments said on Tuesday it will allow individuals to allocate part of their retirement savings in bitcoin through their 401(k) investment plans, becoming the first major retirement plan provider to do so.

2 years ago·United Kingdom

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KRDO

Fidelity will soon offer bitcoin as an option in 401(k)s

By Jeanne Sahadi, CNN BusinessFidelity Investments announced Tuesday that it will offer bitcoin as an investment option in its 401(k) plans by the middle of this year.It’s a big move given that Fidelity is the largest 401(k) plan provider in the United States, acting as custodian for 23,000 plans, which have 20.4 million participants. In total, those plans represent $2.7 trillion in assets under management.It is also the first major 401(k) provi…

2 years ago·Colorado Springs, United States

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KIFI

Fidelity will soon offer bitcoin as an option in 401(k)s - Local News 8

2 years ago·Idaho Falls, United States

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CNBC

Fidelity is offering 401(k) investors access to bitcoin, the first retirement plan provider to do so

Fidelity Investments will enable investors to put bitcoin in their 401(k)s, the first retirement plan provider to offer crypto for retirement savings.

2 years ago·United States

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KVIA

Fidelity will soon offer bitcoin as an option in 401(k)s

2 years ago·Panama City, United States

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npr

Fidelity will start offering bitcoin as an investment option in 401(k) accounts

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.

2 years ago·Washington, United States

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