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 investment plan would go live later this year. It will allow over 23,000 companies associated with Fidelity to administrate their retirement accounts to offer Bitcoin investment options to the customers, […]

More than a quarter of U.S. millennials plan to use crypto to fund retirement

According to a recent survey published by Investopedia, 28% of the U.S. millennials polled said they expect to use cryptocurrency to support themselves in retirement — a figure that was higher than those who said they would use savings (25%) and stock investments (27%) to fund their retirement. Meanwhile, 20% of Gen X and 17% […]

Bitcoin IRA Is Ready to Take On Small Savers With Updated Retirement Savings Product

Crypto retirement savings firm Bitcoin IRA is ready to take on smaller accounts with the launch of its new IRA product, Saver IRA. Around four years ago, Bitcoin IRA launched its first self-directed individual retirement account that required balance minimums of $20,000. Now the firm has dropped that minimum to $3,000 for a standard account. […]

Generational Shift to Open $28 Trillion Retirement Market to Crypto

In an interview with Cointelegraph, Ryan Radloff, the CEO of the crypto-friendly $13 billion custodian Kingdom Trust, asserted that a “generational change” will soon open the $28 trillion United States retirement fund industry to crypto assets. “Right now, the single largest addressable market for Bitcoin is the 28 trillion dollars in the U.S. retirement market,” […]

‘Focus on Retirement’: Crypto Custodian Rolls Out Hybrid IRA Offering

Digital asset custodian Kingdom Trust is offering investors a single retirement account for traditional and digital assets.  Called Choice, the South Dakota-based custodian is offering a self-service retirement platform where investors can buy, sell or hold stocks, exchange-traded funds (ETFs) and digital assets in one tax-advantaged account, said Kingdom Trust CEO Ryan Radloff. Currently, less […]