Are you thinking about offering cryptocurrency in your retirement plan? Continuing our two-part series, our co-hosts are joined by Dave Gray, who is on the Workplace Investing Executive Management Team and serves as the Head of Workplace Retirement Platforms, Workplace Investing for Fidelity, along with Sterling Ingui, who is a Product Area Leader for Next Gen Retirement in Workplace Investing and NC Regional Leader at Fidelity Investments. Get answers to the key questions plan sponsors might have when considering cryptocurrency as 401(k) investment options.

Key Takeaways:

[06:55] What factors influenced Fidelity’s decision to include cryptocurrency in

retirement plans?

[08:42] What should plan fiduciaries consider when deciding whether to add cryptocurrency in their retirement plans?

[11:05] How are cryptocurrency investment options structured?

[14:25] How can these investments be valued?

[16:08] Are there any limitations? If so, what are they?

[17:27] What cybersecurity protocols are available to prevent data breaches and safeguard investments?

[23:16] Are you seeing any trends since making the cryptocurrency option available?

Listen to our prior episode Cryptocurrency – Understanding the Basics for part 1 of these two-part series on cryptocurrency, where Sterling Ingui reviews the basics of cryptocurrencies.

Resources:

BDO.com

Beth on LinkedIn

www.fidelity.com/crypto/overview