Unconfirmed: Want Crypto in Your 401(k)? It's Finally Possible -- With This Provider - Ep.245

38:53
 
Share
 

Manage episode 294659687 series 1822984
By Laura Shin. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

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

305 episodes