Bitcoin and crypto go mainstream with new 401(k) retirement offering
- Date: 11-Jun-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Bitcoin and crypto go mainstream with new 401(k) retirement offering
Some 401(k) savers soon can plunk a portion of their nest eggs into cryptocurrency.
Starting in July, ForUsAll Inc., a 401(k) provider, will let workers in retirement plans it administers to invest up to 5% of their contributions in the leading cryptocurrencies through Coinbase. The news was first reported by the Wall Street Journal.
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