💼 Cryptocurrencies enter retirement plans: What does #CryptoIn401k mean?
In an exciting and bold move, some American companies have begun enabling their employees to invest in cryptocurrencies within 401(k) retirement plans. This modern trend, now known as #CryptoIn401k, could change the financial retirement future for many.
What is a 401(k)?
It is a popular American retirement program that allows employees to invest part of their income before tax deductions, typically in traditional investment funds like stocks and bonds. However, now cryptocurrencies have become an option.