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Friday, 06/11/2021 8:09:03 AM

Friday, June 11, 2021 8:09:03 AM

Post# of 1836
Cryptocurrency Comes to Retirement Plans as Coinbase Teams Up With 401(
k) Provider


In order to compete with large retirement 401k providers, some small retirement 401k providers have started offering a limited amount of funds to be in cryptocurrencies for their 401k investments.

"...A small group of workers will find something new in their 401(k) plan starting in July: the option to invest in cryptocurrency.

ForUsAll Inc., a 401(k) provider, announced earlier this month a deal with the institutional arm of Coinbase Global Inc., a leading cryptocurrency exchange, that will allow workers in plans it administers to invest up to 5% of their 401(k) contributions in bitcoin, ether, litecoin, and others..."


https://www.wsj.com/articles/coinbase-teams-up-with-401-k-provider-to-offer-crypto-11623317402
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