Fidelity to allow retirement savings allocation to bitcoin in 401(k) accounts

April 27, 2022 Janet Finance Comments Off

April 26 (Reuters) – Fidelity Investments said on Tuesday it will allow individuals to allocate part of their retirement savings in bitcoin through their 401(k) investment plans, becoming the first major retirement plan provider to do so.The family controlled asset manager said MicroStrategy Inc (MSTR.O), a major bitcoin corporate backer, will be the first employer to use the new product, which will be made available to other employers by the middle of the year.Through the new offering, employees will be able to invest in bitcoin through a Digital Assets Account (DAA) within the core lineup of their 401(k) …
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U.S. SEC nearing settlement with Wall Street firms over WhatsApp probe -sources

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Teamsters union asks NHTSA to deny GM’s bid to exempt Cruise from safety standards

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San Francisco Mayor Calls for Drug Testing for Welfare Recipients

September 28, 2023 Comments Off on San Francisco Mayor Calls for Drug Testing for Welfare Recipients

San Francisco Mayor London Breed proposed a plan which would require welfare recipients to undergo drug testing and engage in treatment programs. The announcement comes as the city deals with an average of three overdose [...]

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