Can the Fidelity cryptocurrency fund be held in a tax-advantaged retirement account?

3 answers

• Nov 26, 2021 · 3 years ago
  Yes, it is possible to hold the Fidelity cryptocurrency fund in a tax-advantaged retirement account. However, it is important to note that not all retirement accounts may allow for cryptocurrency investments. You should consult with your financial advisor or the custodian of your retirement account to determine if they allow cryptocurrency investments and if the Fidelity cryptocurrency fund is eligible for inclusion in your specific retirement account.
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• Nov 26, 2021 · 3 years ago
  Absolutely! The Fidelity cryptocurrency fund can be held in a tax-advantaged retirement account. This provides investors with the opportunity to benefit from the potential growth of cryptocurrencies while enjoying the tax advantages offered by retirement accounts. It's a win-win situation for those looking to diversify their retirement portfolio and explore the world of digital assets.
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• Nov 26, 2021 · 3 years ago
  Yes, the Fidelity cryptocurrency fund can be held in a tax-advantaged retirement account. As an investor, you can take advantage of the potential tax benefits offered by retirement accounts while also gaining exposure to the cryptocurrency market. However, it's important to remember that investing in cryptocurrencies can be volatile and may not be suitable for all investors. Make sure to do your research and consult with a financial advisor before making any investment decisions.
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