Protecting Retirement Savings from Volatile Crypto Digital Investments
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Did you hear? You may be able to allocate some of your 401(k) retirement savings to bitcoin and other cryptocurrencies. Case in point, retirement juggernaut Fidelity. Fidelity launched a plan in April 2022 that could let workers invest up to 20% of their 401(k) contributions directly in bitcoins — directly from the account’s main menu. Fidelity says it is the first in the industry to allow such investments without a separate brokerage account. And one employer has already agreed to offer the service later this year. Previously, if you wanted to invest in crypto for your retirement, you would h…