How does fidelity handle 401k rollover into cryptocurrencies?

3 answers

• Lu McKayFeb 27, 2024 · a year ago
  Fidelity does not currently offer the option to directly roll over a 401k into cryptocurrencies. However, they do provide a range of investment options for retirement accounts, including mutual funds, stocks, and bonds. If you're interested in investing in cryptocurrencies with your retirement funds, you may need to consider alternative platforms or self-directed IRA options.
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• AutomataNum4Jun 09, 2022 · 3 years ago
  When it comes to rolling over a 401k into cryptocurrencies, Fidelity does not have a specific process in place. Cryptocurrencies are considered high-risk investments, and Fidelity focuses on more traditional investment options for retirement accounts. If you're looking to invest in cryptocurrencies, it's recommended to consult with a financial advisor or explore other platforms that specialize in cryptocurrency investments.
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• max linderOct 06, 2024 · 10 months ago
  While Fidelity is a reputable and well-known financial institution, they currently do not facilitate the direct rollover of 401k funds into cryptocurrencies. However, there are other platforms and self-directed IRA options available that allow individuals to invest retirement funds in cryptocurrencies. It's important to do thorough research and consider the risks associated with cryptocurrency investments before making any decisions.
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