Can a Schwab defined benefit plan be used to invest in ICOs or other blockchain projects?
Skytte SkriverOct 15, 2022 · 3 years ago1 answers
Is it possible to use a Schwab defined benefit plan to invest in ICOs or other blockchain projects? How does the plan work and what are the limitations? Can the plan provide the necessary flexibility and security for investing in the volatile world of cryptocurrencies?
1 answers
- Janq662Apr 19, 2025 · 4 months agoWhile Schwab defined benefit plans can be used to invest in a wide range of assets, including stocks, bonds, and mutual funds, investing in ICOs or other blockchain projects may not be supported by the plan. It's important to review the plan documents and consult with a financial advisor to determine the specific investment options available. If you're interested in investing in cryptocurrencies, you may want to consider alternative investment vehicles, such as self-directed IRAs or specialized cryptocurrency investment funds.
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