Fidelity Investments has become the first retirement plan provider to allow cryptocurrencies in the 401(k) accounts that it services, starting with Bitcoin (BTC). This investment option will become available by mid-2022 to 23,000 employers that use Fidelity to administer their retirement accounts. Since Fidelity has $11.3 trillion in assets under administration (AUA), making it the largest retirement plan provider in the U.S., this move represents a major milestone in the mainstreaming of crypto.
This could have a significant impact on Crypto community as a whole.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments