Bitcoin 401(k) FAQ - Employers
What is a Bitcoin 401(k)?
This offering from Bitwage, Leading Retirement Solutions, and Kingdom Trust allows customers to acquire Bitcoin in a tax deferred retirement account. Savers will be able to add Bitcoin in with traditional retirement assets to their liking, or just stack sats.
Does Bitcoin qualify as an asset class that can be held in a 401(k)?
I already have a different 401(k) provider. Do I have to switch to Leading Retirement Solutions to offer the Bitcoin 401(k)?
While it is possible to to have multiple 401(k) providers, employers will want to switch over to LRS in order to offer the Bitcoin 401(k). having all retirement assets under one provider will save on fees. For employees who don't want to invest in Bitcoin, LRS is still a great 401(k) provider.