JimkNov 28, 2021 · 3 years ago3 answers What are the potential risks and rewards of adding cryptocurrencies to a USAA 401k plan?
What are the potential risks and rewards of including cryptocurrencies, such as Bitcoin and Ethereum, in a USAA 401k retirement plan? How does the volatility of the cryptocurrency market affect the stability and growth of the retirement savings? Are there any regulatory concerns or legal implications associated with investing retirement funds in cryptocurrencies? How can the inclusion of cryptocurrencies in a 401k plan potentially provide higher returns compared to traditional investment options? What are the potential tax implications and considerations when investing retirement funds in cryptocurrencies?