Employees can elect to invest up to 20 percent in Bitcoin.
Fidelity will soon start allowing eligible individuals to save a portion of their 401 in Bitcoin,
. Employees will only gain access to the option if their employer signs off the option, which Fidelity says will start rolling out in mid-2022.reports that employees can elect to save up to 20 percent of their retirement fund in Bitcoin.
“As a leader in digital assets, we are thrilled to be the first to offer employers exposure to bitcoin for the core lineup of 401s that reflects our commitment to meeting their evolving needs and our belief in the promise of blockchain technology for the financial industry’s future,” Gray said. As noted by Fidelity, business intelligence company MicroStrategy is the first to announce that it has adopted the Bitcoin retirement fund option. The company, led by Bitcoin proponent Michael Saylor, acquired
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