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Fidelity to Offer Bitcoin to 401k Investors

 
TheGasMan II
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04/26/2022 08:29 AM
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Fidelity to Offer Bitcoin to 401k Investors
Fidelity is offering 401(k) investors access to bitcoin, the first retirement-plan provider to do so
PUBLISHED TUE, APR 26 20228:18 AM EDT

Fidelity Investments said Tuesday it will offer investors the option to put bitcoin in their 401(k)s, making it the first provider to offer crypto for retirement savings.

The crypto offering will be available for 23,000 employers that use Fidelity to administer their retirement accounts by mid-year 2022. With $11.3 trillion in assets under administration, Fidelity is the nation’s largest retirement-plan provider and its decision could make crypto even more popular and mainstream.

[link to www.cnbc.com (secure)]

Last Edited by TheGasMan II on 04/26/2022 08:32 AM
"Every new child born brings the message that God is not yet discouraged of man." - Tagore

"It is the mark of an educated mind to be able to entertain a thought without accepting it." - Aristotle.

:TGMtank:
Anonymous Coward
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Norway
04/26/2022 08:29 AM
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Re: Fidelity to Offer Bitcoin to 401k Investors
Already printing it.
TheGasMan II  (OP)

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04/26/2022 10:33 AM
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Re: Fidelity to Offer Bitcoin to 401k Investors
Already printing it.
 Quoting: Anonymous Coward 82998516


Printing what?
"Every new child born brings the message that God is not yet discouraged of man." - Tagore

"It is the mark of an educated mind to be able to entertain a thought without accepting it." - Aristotle.

:TGMtank:
OGEBY

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04/26/2022 10:42 AM
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Re: Fidelity to Offer Bitcoin to 401k Investors
LOL...

Money for nothing and your chicks for free...

burnit
GrandMaster_B

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04/26/2022 10:48 AM
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Re: Fidelity to Offer Bitcoin to 401k Investors
Wow. They are getting desperate to find more money to keep the Ponzi scheme going.
When the log rolls over we are all going to die
GT Big hair

User ID: 6244049
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04/26/2022 10:49 AM
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Re: Fidelity to Offer Bitcoin to 401k Investors
oh yeah what could possibly go wrong with that

lol
 Quoting: ^TrInItY^


and poof!



...it's gone.


TAHDdahw
GT Big hair...yep and Amen.
Anonymous Coward
User ID: 83000682
United Kingdom
04/26/2022 10:52 AM
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Re: Fidelity to Offer Bitcoin to 401k Investors
The manage my 401k but I'm gonna pass on that investment option
Anonymous Coward
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04/26/2022 10:53 AM
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Re: Fidelity to Offer Bitcoin to 401k Investors
It's a tarp


Soon biden will outlaw bitcoin for being a negative impact on climate change
Anonymous Coward
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Switzerland
04/26/2022 10:54 AM
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Re: Fidelity to Offer Bitcoin to 401k Investors
yeah, what could go wrong when you have your entire pension funds invested in such a volatile market

better place it on the red
M*walk
Low Earth Orbit

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04/26/2022 10:59 AM

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Re: Fidelity to Offer Bitcoin to 401k Investors
oh yeah what could possibly go wrong with that

lol
 Quoting: ^TrInItY^


Ikr! Ask Odell Beckham jr how sore his backside is
“The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.”
Anonymous Coward
User ID: 47307176
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04/26/2022 11:17 AM
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Re: Fidelity to Offer Bitcoin to 401k Investors
The Globalist are now going to steal or destroy all the rest of peoples's retirement funds via things like bitcoin and crypto-currency. Soon they will be investing the social security trust in the stock market and crypto.

You (We) will own nothing.

We will have just Universal Basic Income (UBI) if we are still alive.
Waffles ™

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04/26/2022 11:51 AM

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Re: Fidelity to Offer Bitcoin to 401k Investors
That's the worst idea ever I'm shocked Fidelity could be so stupid,,watch the lawsuits fly in when people get wiped out because of crypto..
-------------------------------------
Anonymous Coward
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04/26/2022 11:51 AM
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Re: Fidelity to Offer Bitcoin to 401k Investors
hf
FightForGod!

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04/26/2022 11:51 AM
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Re: Fidelity to Offer Bitcoin to 401k Investors
Oh man, there goes someone's retirement plan!
1 Corinthians 6:9-10 ESV

Or do you not know that the unrighteous will not inherit the kingdom of God? Do not be deceived: neither the sexually immoral, nor idolaters, nor adulterers, nor men who practice homosexuality, nor thieves, nor the greedy, nor drunkards,
Rorschach Watchmen

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04/26/2022 12:12 PM
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Re: Fidelity to Offer Bitcoin to 401k Investors
I use them but won’t be doing this.

I buy crypto with a separate entity not connected to my retirement, if I make extra money, Great! At least my 401k and pension are left alone.
“When you’re dead you’re dead, but you’re not quite so dead if you contribute something”

-John Dunsworth
Rorschach Watchmen

User ID: 79318196
United States
04/26/2022 12:12 PM
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Re: Fidelity to Offer Bitcoin to 401k Investors
I use them but won’t be doing this.

I buy crypto with a separate entity not connected to my retirement, if I make extra money, Great! At least my 401k and pension are left alone.
“When you’re dead you’re dead, but you’re not quite so dead if you contribute something”

-John Dunsworth
Anonymous Coward
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04/26/2022 01:16 PM
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Re: Fidelity to Offer Bitcoin to 401k Investors
the point is institutional money is now going to bitcoin. that's the key takeaway.
Anonymous Coward
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04/26/2022 01:29 PM
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Re: Fidelity to Offer Bitcoin to 401k Investors
oh yeah what could possibly go wrong with that

lol
 Quoting: ^TrInItY^


and its gone, Ukraine just banned it,,,, my outflows!
Anonymous Coward
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Poland
04/26/2022 01:30 PM
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Re: Fidelity to Offer Bitcoin to 401k Investors
the fact that they are targeting pensions tells you they need new blood to bleed the cash out of

If thats not a warning alarm then a sucker will be parted with his pension in no time
TheGasMan II  (OP)

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04/26/2022 01:50 PM
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Re: Fidelity to Offer Bitcoin to 401k Investors
the point is institutional money is now going to bitcoin. that's the key takeaway.
 Quoting: Anonymous Coward 82579262


this1
"Every new child born brings the message that God is not yet discouraged of man." - Tagore

"It is the mark of an educated mind to be able to entertain a thought without accepting it." - Aristotle.

:TGMtank:
Anonymous Coward
User ID: 78519684
United States
04/26/2022 01:50 PM
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Re: Fidelity to Offer Bitcoin to 401k Investors
the fact that they are targeting pensions tells you they need new blood to bleed the cash out of

If thats not a warning alarm then a sucker will be parted with his pension in no time
 Quoting: Anonymous Coward 79024384


:this2:

The end for bitcoin fast approaches.
Anonymous Coward
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04/26/2022 02:34 PM
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Re: Fidelity to Offer Bitcoin to 401k Investors
Wow. They are getting desperate to find more money to keep the Ponzi scheme going.
 Quoting: GrandMaster_B


No ahit, after Pootie nukes and EMPs the planet for not being the worlds dictator that should work out well.
Keep a paper reciept for when civilization is recreated.
Anonymous Coward
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04/26/2022 03:46 PM
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Re: Fidelity to Offer Bitcoin to 401k Investors
oh yeah what could possibly go wrong with that

lol
 Quoting: ^TrInItY^


Nothing so far after more than 13 years of Bitcoin.





GLP