401(k) News

Fidelity Investments, one of the world’s largest financial services enterprises, earlier announced the launch of Fidelity’s factory Digital Assets Account( DAA). This is the first blockchain-based account to allow individuals to allocate a portion of their pullout savings to bitcoin…

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 believe that it risks the retirement security of Americans.

Fidelity Investments, a financial services business, has announced that it will allow investors to add Bitcoin (BTC) to their 401(k) accounts for retirees, making it the first retirement plan provider to do so.

The institutional arm of Coinbase Global has partnered with ForUsAll Inc.—a 401(k) provider—to allow workers under their administration to invest up to five percent of their account balances in crypto, the WSJ reports on June 10. A Fresh Turn for…