Posted on Nov 8, 2022
Here are the pros and cons of owning cryptocurrency in your 401(k) plan
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"Cryptocurrency is starting to pop up as an alternative asset class in some 401(k) plans. Retirement savers may be wondering if it’s wise to invest."
Here are the pros and cons of owning cryptocurrency in your 401(k) plan
Posted from cnbc.com
Retirement
Investing
Bitcoin
Posted >1 y ago
Responses: 2
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Cryptocurrency is not going away. Invest now, benefit tremendously later! *Not financial advice, just my opinion. Go talk to your own financial advisor for investment advice!*
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LTC Eugene Chu
"Here are the pros and cons of owning cryptocurrency in your 401 (k) plan
As workplace 401 (k) plan administrators such as Fidelity Investments and ForUsAll begin to offer cryptocurrency as an alternative investment asset to employee investors advisors urge caution.
“As volatile as it is, it has the potential for huge upswings,” said Ivory Johnson, a CFP and founder of Delancey Wealth Management in Washington.
Many plans cap crypto at 5% of investments. ...
Here are the pros and cons of owning cryptocurrency in your 401(k) plan "...
"Here are the pros and cons of owning cryptocurrency in your 401 (k) plan
As workplace 401 (k) plan administrators such as Fidelity Investments and ForUsAll begin to offer cryptocurrency as an alternative investment asset to employee investors advisors urge caution.
“As volatile as it is, it has the potential for huge upswings,” said Ivory Johnson, a CFP and founder of Delancey Wealth Management in Washington.
Many plans cap crypto at 5% of investments. ...
Here are the pros and cons of owning cryptocurrency in your 401(k) plan "...
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