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US Treasury Secretary Yellen Warns Crypto Is ‘Very Risky’ — Unsuitable for Most Retirement Savers

US Treasury Secretary Yellen Warns Crypto Is ‘Very Risky’ — Unsuitable for Most Retirement SaversU.S. Treasury Secretary Janet Yellen warns crypto is a “very risky investment,” adding that she would not recommend it to most people who are saving for retirement. However, Yellen noted that Congress could restrict the type of investments allowed in retirement accounts, including 401(k) plans. Janet Yellen on Investing in Cryptocurrencies for Retirement The topic […]

MANTRA debuts incubator with $100,000 grant at Dubai World Trade Center

Retirement Plan Advisor Sues U.S. Department of Labor Over ‘Arbitrary’ Crypto Guidance

Retirement Plan Advisor Sues U.S. Department of Labor Over ‘Arbitrary’ Crypto Guidance

A financial planning company allowing customers to include crypto in their 401(k) plans is suing the Federal government. In a new filing against the U.S. Department of Labor (DOL), the retirement firm ForUsAll says that the department is engaging in an “arbitrary and capricious” campaign against digital assets. The suit invokes the Administrative Procedure Act […]

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MANTRA debuts incubator with $100,000 grant at Dubai World Trade Center

Fidelity’s New 401(k) Product Lets Workers Add Up to 20% in Bitcoin to Their Retirement Plans

Fidelity’s New 401(k) Product Lets Workers Add Up to 20% in Bitcoin to Their Retirement PlansThe multinational financial services corporation based in Boston, Fidelity Investments, has revealed the firm is allowing people to add bitcoin into their 401(k) plan as long as the employer allows it. According to Fidelity’s head of workplace retirement offerings, the company has seen “growing interest from plan sponsors” that wanted to add bitcoin to retirement […]

MANTRA debuts incubator with $100,000 grant at Dubai World Trade Center