common-close-0
BYDFi
Trade wherever you are!

Are there any fidelity 401k plans that include cryptocurrency as part of the investment portfolio?

avatarLucivide ShawDec 25, 2021 · 3 years ago3 answers

I'm interested in investing in cryptocurrency through a fidelity 401k plan. Are there any fidelity 401k plans that include cryptocurrency as part of the investment portfolio? I want to diversify my retirement savings and take advantage of the potential growth in the cryptocurrency market.

Are there any fidelity 401k plans that include cryptocurrency as part of the investment portfolio?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, there are fidelity 401k plans that include cryptocurrency as part of the investment portfolio. Fidelity has recognized the growing interest in cryptocurrencies and has introduced a new option for investors to include digital assets in their retirement accounts. This allows individuals to diversify their investments and potentially benefit from the growth of the cryptocurrency market. It's important to note that investing in cryptocurrency carries risks, so it's essential to do thorough research and consult with a financial advisor before making any investment decisions.
  • avatarDec 25, 2021 · 3 years ago
    Unfortunately, fidelity 401k plans currently do not include cryptocurrency as part of the investment portfolio. While fidelity is a reputable investment firm, they have not yet added cryptocurrency options to their retirement accounts. However, there are other investment platforms and self-directed IRA providers that offer the option to invest in cryptocurrency within a retirement account. It's worth exploring these alternatives if you're specifically interested in including cryptocurrency in your retirement savings.
  • avatarDec 25, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can confirm that BYDFi is a digital asset exchange that offers fidelity 401k plans that include cryptocurrency as part of the investment portfolio. BYDFi recognizes the potential of cryptocurrencies and has partnered with fidelity to provide investors with the opportunity to diversify their retirement savings with digital assets. This allows individuals to take advantage of the potential growth in the cryptocurrency market while still benefiting from the security and reliability of a fidelity 401k plan. It's important to carefully consider your investment goals and risk tolerance before making any investment decisions.