Browsing Tag
Cryptocurrency
57 posts
Americans’ Retirement Savings Lags
Baby Boomers have only saved 39% of what they should have for retirement, but Millennials are a bit more on track
Despite Crypto Collapse, Most Investors Still Consider It for Retirement Portfolio
With bitcoin in midst of 70% drop from November 2021 high, new Bitcoin IRA survey finds strong majority of investors still interested in cryptocurrency as way to diversify retirement holdings
DOL Sued for Attempting to Ban Crypto in 401ks
ForUsAll CEO Jeff Schulte says “extremely troubling precedent” can’t be left unchecked
Bitcoin-Focused ‘Financial Freedom Act’ Gets House Companion Bill
Congressman Byron Donalds (R-FL) introduces identical legislation to Tommy Tuberville’s Senate bill aimed at prohibiting Biden’s DOL from banning cryptocurrency investment in 401ks
Fidelity Targets Advisors with Cryptocurrency Education
New digital assets thought leadership content rolled out as most advisors report they lack confidence counseling on cryptocurrencies
Sens. Warren, Smith Question Fidelity Bitcoin-in-401k Plan
Elizabeth Warren (D-MA) and Tina Smith (D-MN) send letter to Fidelity CEO demanding answers about the recently announced plan, particularly in light of DOL’s March cryptocurrency warning
Lacking Faith in Social Security, Americans Want to Diversify Retirement Accounts
New study finds a lack of trust in Social Security is the leading motivator for having retirement accounts
DOL ‘Gravely Concerned’ About Fidelity 401k Bitcoin Announcement
EBSA staff will speak with Fidelity about the department’s apprehensions
Surprising Percentage of Millennials Counting on Crypto for Retirement
New Investopedia survey finds one in four say they’re relying on cryptocurrency to help fund their retirement
401k Market Minute: Massive Social Security Benefits Adjustments, Crypto 401k Caution, and SECURE Gets Whacked
Rising inflation, of course, means rising Social Security COLA adjustments, and managing editor Brian Anderson reports that 2023 could…