Should You Invest Your 401(k) in Cryptocurrency?

·3 min read
Should You Invest Your 401(k) in Cryptocurrency?

Cryptocurrency has taken the world by storm over the past few months, and it could soon be coming to your 401(k). ForUsAll, a 401(k) plan provider, has teamed up with cryptocurrency exchange Coinbase Global (NASDAQ: COIN) to allow investors to allocate up to 5% of their 401(k) contributions toward cryptocurrency, as reported recently by The Wall Street Journal. Four hundred employers offer 401(k) plans through ForUsAll, and if yours is one of them, you could have the opportunity to start investing in cryptocurrencies simply by contributing to your 401(k).

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