Worried about inflation’s impact on your retirement savings? Invest in cryptocurrency
The global economy is tumbling, but we might be able to find some hope in cryptocurrencies. Go to Source Powered by WPeMatico
Retirement
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Democratic senators chide Fidelity Investments for BTC-exposed retirement funds
Crypto critic Elizabeth Warren and two colleagues write to the Fidelity CEO again to express their displeasure with crypto-exposed 401(k) offerings. Go to Source Powered by WPeMatico
Law Decoded: Crypto retirement plans get hot with Warren and Lummis making their moves, May 2–9, 2022
Last week was marked by reinvigorated discussion on crypto 401(k) among high-profile US policymakers. Go to Source Powered by WPeMatico
iTrustCapital surpasses $5B in crypto IRA transactions
Individuals typically do not need to worry about capital gains taxes while trading in an IRA. For crypto investors, this could be an attractive feature. Go to Source Powered by WPeMatico
Survey: More than a quarter of U.S. millennials plan to use crypto to fund retirement
The percentage was marginally higher than those who said they would rather use savings and stocks to meet the same ends. Go to Source Powered by WPeMatico
Pension provider partners with Coinbase to offer 5% exposure to crypto
Pension funds are looking to crypto investments despite the recent market sell-off. Go to Source Powered by WPeMatico
Crypto Retirement: US Investment Firm Launches Employer-Sponsored Bitcoin 401(k) Plan
The U.S.-based company Digital Asset Investment Management (Daim) has announced the launch of a company-sponsored 401(k) retirement plan that allocates up to 10% in bitcoin. The plan is an ERISA compliant employer-sponsored 401(k) and assets are held in institutional-grade cold storage by leveraging the custodian Gemini Trust. During the last few years, investors have been … Read more
First company-sponsored Bitcoin retirement plans launched in US
DAiM has launched the United States’ first employer-sponsored retirement plans that support investments in Bitcoin. Go to Source Powered by WPeMatico
Fidelity Digital Assets to Hold Bitcoin Private Keys for Kingdom Trust Clients
The enterprise-grade bitcoin custody and crypto management service, Fidelity Digital Assets has revealed a recent partnership with the firm Kingdom Trust. The new alliance provides individual retirees with the ability to safeguard their bitcoin private keys alongside self-directed IRAs. The crypto custodian and retirement account fund manager, Kingdom Trust has reached an “exclusive institutional agreement” … Read more
$13B Custodian Launches Retirement Account Supporting Bitcoin
Kingdom Trust, a regulated custodian managing over $13 billion in assets, has launched a retirement account supporting both Bitcoin and legacy assets. Go to Source Powered by WPeMatico
