Cryptocurrency Q&A
Does Fidelity offer a 401(k) option to buy crypto?
Does Fidelity offer a 401(k) option to buy crypto?
Tommaso
Thu Jul 11 2024
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7 answers
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I'm curious to know if Fidelity, a well-known financial services firm, offers a 401(k) option that allows investors to purchase cryptocurrencies. With the increasing popularity and potential of digital assets, it would be a significant move if Fidelity were to integrate such an option into their retirement plans. Such a service could provide a diversified investment vehicle for individuals seeking to capitalize on the crypto market's growth. I'm interested in understanding if this is a possibility and what the implications might be for investors considering this route for their retirement savings.
7 answers
GwanghwamunGuardianAngel
Sat Jul 13 2024
Fidelity, a renowned financial services firm, has announced its plans to integrate Bitcoin purchasing options into its 401(k) investment menu.
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Moonshadow
Sat Jul 13 2024
This move aims to provide investors with a more convenient way to include cryptocurrency in their retirement portfolios.
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JejuJoy
Sat Jul 13 2024
With this integration, buying crypto will be as simple as purchasing shares in mutual funds through Fidelity's platform.
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Giuseppe
Sat Jul 13 2024
However, the firm has imposed a limitation on the percentage of a retirement portfolio that can be held in crypto.
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Daniela
Fri Jul 12 2024
This measure ensures that investors maintain a diversified portfolio while still having the option to include digital assets.
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