Cryptocurrency in 401(k) Plans

ForUsAll recently announced a new product that will allow cryptocurrency investments to be made inside 401(k) retirement accounts. Jeff Schulte, CEO of ForUsAll, discusses why putting crypto in a 401(k) is such a game changer, how this differs from Bitcoin IRAs, and more! Show highlights: 

• how bringing crypto into a 401(k) with ForUsAll will work
• what “guardrails” ForUsAll is placing on investors who choose to invest in crypto
• the tax advantages of purchasing crypto within a 401(k)
• whether ForUsAll is offering a Roth IRA
• why nobody has offered crypto within a 401(k) before now
• what differentiates a crypto 401(k) from a self-directed IRA
• what are the fees for the 401(k), who it will be available to, and when it will launch
• how security and keys are being handled
• why ForUsAll is not offering every token available on Coinbase
• how ForUsAll is determining which cryptos will be available to trade 
• why offering crypto ETFs through a 401(k) may cause problems regarding the fiduciary risk of employers
• what new crypto features ForUsAll is excited to roll out

Thank you to our sponsors!

Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 

Tezos: https://tezos.com/discover?utm_source=laura-shin&utm_medium=podcast-sponsorship-unconfirmed&utm_campaign=tezos-campaign&utm_content=hero  

NEAR: https://near.org  

Episode Links

Jeff Schulte: https://www.linkedin.com/in/jeffschulteproductmanagment/ 

ForUsAll: https://www.forusall.com/ + https://twitter.com/ForUsAll401k 

Coinbase partnership: https://www.wsj.com/articles/coinbase-teams-up-with-401-k-provider-to-offer-crypto

https://fortune.com/2021/06/10/coinbase-crypto-401k-roth-offering-forusall/

https://www.theblockcrypto.com/post/108034/coinbase-forusall-401k-advisor-crypto-retirement-accounts

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