Not long ago, Fidelity Investments announced that customers would be able to invest in crypto like bitcoin through their 401Ks and retirement accounts. In addition, several businesses offering 401Ks t...
Tag: Fidelity
The cost of retiree healthcare is climbing— here’s what you should expect to spend
Healthcare costs continue to rise — Americans planning to retire should prepare ahead of time. The average 65-year-old couple retiring in 2022 can expect to spend $315,000 in retirement on healthcare...
Fidelity Macro Anlayst Says Bitcoin (BTC) ‘Attractively Valued’ At Current Price – Here’s Why
A widely followed macro analyst from financial services giant Fidelity says Bitcoin has reached a price level that makes it “attractively valued.” Fidelity analyst Jurrien Timmer tells his 114,000 Twi...
Fidelity Will Allow You to Invest in BTC Via Your 401K
Fidelity Investments – one of the largest investment and trading companies out there – has announced that customers can place cryptocurrencies like bitcoin into their 401Ks and retirement funds. Fidel...
What Bitcoin Could Be Worth to Fidelity. You’ll Be Surprised.
Text size Fidelity’s push into Bitcoin is raising controversy but could be lucrative for the company. Dreamstime.com Fidelity Investments shocked the retirement industry last month with a move t...
Senator Elizabeth Warren Demands Answers From Fidelity for Allowing Bitcoin in Retirement Plans – Featured Bitcoin News
Two U.S. senators, including Elizabeth Warren, have sent a letter to Fidelity Investments demanding answers regarding the company’s decision to allow bitcoin investments in 401(k) retirement plans. “I...
Senator Warren challenges Fidelity over its Bitcoin 401(k) plans
Senator Elizabeth Warren and Tina Smith have written a letter to Fidelity over its decision to allow Bitcoin investments in its 401(k) plans. The letter asked the investment firm why it failed to hee...
Two US Senators Pen Letter to Fidelity CEO Detailing Concerns With Proposed Bitcoin 401(k) Retirement Plans
Two members of the US Senate are writing a letter to financial services giant Fidelity presenting issues with the firm’s new plans to offer Bitcoin (BTC) as an option for 401(k) retirement plans. In a...
Senator Elizabeth Warren Targets Fidelity Over Crypto Retirement Plans
Massachusetts Senator Elizabeth Warren has sent a joint letter to Fidelity Investments this week regarding its decision to allow Bitcoin on its platform. In April, Fidelity announced that employees of...
Elon Musk Secures Funding From Crypto-Friendly Binance, Sequoia, Fidelity to Buy Twitter – Featured Bitcoin News
Tesla and Spacex CEO Elon Musk has secured $7.139 billion in new financing commitments to fund his acquisition of Twitter, including from several pro-crypto companies. Cryptocurrency exchange Binance,...
Fidelity, Bitcoin pension funds worry senators
In a letter to Abigail Johnson, CEO of Fidelity, Senators Elizabeth Warren of Massachusetts and Tina Smith of Minnesota expressed great concern about the decision to add Bitcoin to pension funds. US s...
Sen. Warren asks Fidelity to address the risks to put Bitcoin in 401(k)s
The United States government is growing increasingly concerned about Bitcoin (BTC) in retirement savings, with two senators flagging some issues in Fidelity Investments’ plans to include Bitcoin (BTC)...
US Labor Department Disagrees With Fidelity Investment’s Move to Invest Retirement Funds in 401(k) – crypto.news
The US Labor Department officials have expressed their doubts over Fidelity Investment’s plan to allow investors to put bitcoin in their 401(k) accounts. According to a senior administrator, they beli...
Fidelity Investments Adds More Than 12,000 New Jobs to Meet Customer Interest in Growing Areas Like Crypto
To address customer demands in growing areas like cryptocurrency and direct indexing, Fidelity Investments has created more than 12,000 job offerings to shape the future of financial services. As a l...
Fidelity Allows BTC in 401k, BlackRock’s Blockchain ETF, Musk’s Twitter Saga: This Week’s Crypto Recap
The past seven days haven’t been particularly favorable for the cryptocurrency in terms of price action. Bitcoin dropped below $40K and is currently unable to reclaim the important psychological level...
Fidelity to Let Workers Save 20% of Retirement in Bitcoin
Fidelity Investments, America’s largest provider of 401(k) savings accounts, is rolling out the Digital Assets Account, a new proprietary offering that gives companies access to Bitcoin (BTC), the wor...
Opinion: Why I don’t want bitcoin in my 401(k)
Hooray! At long last, the company managing my 401(k) plan will allow me to bet up to 20% of my retirement funds on a digital Ponzi scheme that generates no income and has no practical use. Fidelity In...
Fidelity, pension plans in Bitcoin
Fidelity Investment, the world’s fourth-largest pension fund manager, stated on Tuesday that it will allow people to allocate part of their retirement savings in Bitcoin through their investment plans...
Fidelity Investments to Allow Employees Save Bitcoin in 401(k) Accounts
US-based financial services company Fidelity Investments said it would allow investors to add Bitcoin (BTC) to their 401(k) retirement savings accounts later this year. Fidelity Launches Bitcoin Reti...
Fidelity to allow clients to invest in bitcoin through their 401(k) accounts
Fidelity Investments will allow its clients to allocate part of their retirement savings to bitcoin. The company, which manages some $4.2 trillion in assets, on Tuesday told The Wall Street Journal an...
Fidelity To Allow 401(K) Investments In BTC
Fidelity Investments is considering opening up an option where 401(K) holders will be able to add a Bitcoin account to their investments. Save For Retirement In BTC The largest provider of 401(K) plan...
Fidelity to reportedly allow 401(k) retirement savings accounts to invest in Bitcoin
The United States-based retirement plan provider Fidelity Investments will reportedly allow 401(k) retirement saving account holders to directly invest in Bitcoin (BTC). The new Bitcoin retirement inv...
Fidelity Investment Proposes Retirement Bitcoin Investment Plan For 23K Firms
2 hours ago | 2 mins read Bitcoin News Investing in Bitcoin via a retirement savings account isn’t a brand-new idea. Gray said that the business would add more crypto assets. 401(k) retirement savings...
What You Should Know Before Investing In Fidelity’s Bitcoin Retirement Accounts
NEW YORK CITY, NY, UNITED STATES – 2020/02/17: A view of an american multinational financial services corporation Fidelity Investments logo. (Photo by Alex Tai/SOPA Images/LightRocket via Getty ...
Bitcoin 401k? Fidelity Investments Says Yes
Bitcoin has gradually been finding its way into every part of society and its use as an investment vehicle has been the biggest part of it. There has been some pushback when it comes to using the cryp...
Fidelity Investments adds Crypto to 401(k) Products
Fidelity Investments, the largest provider of 401k plans in the United States, is now offering workers a chance to add crypto to their retirement portfolio. The appetite for crypto investments amongst...
Fidelity Adds Bitcoin to Pensions – Trustnodes
Fidelity, one of the world’s biggest asset manager, has launched the Digital Assets Account which incorporates bitcoin as an investment in 401(k) pensions. “As a leader in digital assets, we are thril...