Cryptocurrency Retirement Plans Fidelity Launches

Fidelity Investments Launches Cryptocurrency IRA

• Fidelity Investments introduces a new Individual Retirement Account (IRA) for direct cryptocurrency investments.
• The IRA supports Bitcoin, Ethereum, and Litecoin purchases, stored securely in cold wallets.
• Transactions are facilitated by Fidelity Digital Assets with a 1% spread fee and no account opening or closing fees.
• Three IRA options available: Roth, Traditional, and Rollover, each offering unique tax benefits.
• The initiative is driven by increasing client demand for crypto asset investment opportunities.

Fidelity’s new crypto-enabled IRAs allow investors to diversify portfolios with Bitcoin, Ethereum, and Litecoin while benefiting from secure storage and competitive transaction fees.