retirement

Policy

Fidelity

Dick Durbin Joins US Senators Criticizing Fidelity’s Plan to Include Bitcoin in 401(k) Plans

A joint letter with Sen. Tina Smith and Sen. Elizabeth Warren calls Fidelity’s plans “immensely troubling.”

By Elizabeth Napolitano

Sponsored

Jul 28, 2022 at 6:00 p.m. UTC

Jul 28, 2022

FidelityUS SenateRetirement

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Business

Exploits

IRA Financial Sues Gemini Over $37M Crypto Heist

The lawsuit corroborates earlier reporting that hackers deployed a police SWAT team as “a ruse to distract IRA employees” on the day of the attack.

By Danny Nelson

Sponsored

Jun 7, 2022 at 2:56 p.m. UTC

Jun 7, 2022

ExploitsAttacksGeminiRetirement

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Policy

401(k)

US Labor Department Sued After Warning 401(k) Providers About Allowing Crypto Investments

The plaintiff, 401(k) provider ForUsAll, is concerned the guidance sets a “troubling precedent” that could lead to a slippery slope of future bans.

By Cheyenne Ligon

Sponsored

Jun 2, 2022 at 5:51 p.m. UTC

Jun 2, 2022

401(k)RetirementRegulationLawsuit

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Policy

Fidelity

US Labor Department Has ‘Grave Concerns’ About Fidelity’s Plan for Bitcoin in 401(k) Retirement Plans, Wall Street Journal Reports

The Labor Department is scheduled to meet with Fidelity to express concerns.

By Sam Reynolds

Sponsored

Apr 29, 2022 at 6:44 a.m. UTC

Apr 29, 2022

Fidelity401(k)CryptoBitcoinRetirementUSRegulation

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Business

Prime trust

Prime Trust, Swan Bitcoin Link Up on Crypto IRA Product

Prime Trust, a firm connecting bank accounts to the crypto economy, is beta testing retirement accounts.

By Cam Thompson

Sponsored

Mar 29, 2022 at 2:01 p.m. UTC

Mar 29, 2022

Prime TrustSwan BitcoinRetirementIRAs

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Policy

Investing

US Department of Labor Urges ‘Extreme Care’ Before Adding Crypto to 401(k) Plans

The department warned that cryptocurrency investments present “significant risks and challenges to participants’ retirement accounts.”

By Michael Bellusci

Sponsored

Mar 10, 2022 at 9:42 p.m. UTC

Mar 10, 2022

Investing401(k)USRetirement

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Markets

Retirement

If Crypto Belongs in Retirement Accounts, Where Are the Assets?

So far, there are only a handful of ways to invest in crypto via retirement accounts – most notably via a self-directed IRA. But fintech firms are making it drastically easier to open and fund a self-directed crypto IRA, and they’re turning their attention to financial advisors.

By Christopher Robbins

Sponsored

Mar 3, 2022 at 1:50 p.m. UTC

Mar 3, 2022

RetirementInvestingCrypto for AdvisorsNewslettersFinancial Advisors

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Policy

Hack

IRA Financial 'Swatted' at Time of $36M Crypto Hack, Police Officer Tells Victim

The detail adds another layer of intrigue to the seemingly inexplicable hack of IRA Financial Trust, an institutional partner of the Gemini exchange.

By Danny Nelson

Sponsored

Feb 24, 2022 at 10:58 p.m. UTC

Feb 24, 2022

HackRetirementGeminiCrime

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Markets

Crypto for advisors

The Next Frontier: Digital Assets for Retirement

The conversation about crypto should move beyond its long-term legitimacy as an investable asset class to a new debate: Do cryptocurrencies belong in retirement accounts – and how?

By Christopher Robbins

Sponsored

Feb 24, 2022 at 1:50 p.m. UTC

Feb 24, 2022

Crypto for AdvisorsNewslettersFinancial AdvisorsInvestingRetirement

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Business

Retirement

Drained Crypto Accounts at IRA Financial Leave Victims Searching for Answers

Retirement accounts held at Gemini were hit during a Feb. 8 exploit. The crypto IRA firm has yet to say much, but victims estimate millions of dollars were moved.

By Danny Nelson

Sponsored

Feb 14, 2022 at 8:55 p.m. UTC

Feb 14, 2022

RetirementGemini

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