bitcoin

DOL Brokerage Window Guidance & Cryptocurrency Accounts
Team SummitEmployer Resource Center, Fiduciary Governance, Plan InvestmentsComments are off for this post
Recently, the U.S. Labor Department issued new 2022 guidance regarding 401(k) retirement plans that offer, or are considering offering, investments in cryptocurrency and/or self-directed brokerage accounts in their plan menu. This has not been a worry for most plan sponsors, primarily due to a lack of guidance to date regarding the issue of brokerage windows,  Read More →
Bitcoin: Coming to a 401(k) Plan Near You?
Team SummitEmployer Resource Center, Fiduciary Governance, Plan InvestmentsComments are off for this post
Our previous report on Bitcoin (BTC), and the conclusions therefrom, remain relevant today. In short, the prudence in adding Bitcoin to a retirement plan is questionable, at best. Click here and read through our previous post discussing cryptocurrency and its supporting technology. Greater media coverage has caused BTC interest to grow exponentially, as has its  Read More →
Cryptocurrency 101
Team SummitEmployee Financial Resource Center, Investment ManagementComments are off for this post
CryptoCurrencies, Blockchain, Hash Generator, BTC, Ethereum….   **Due to the complexity and speculative nature of this product, it is currently not available through Summit Group of Virginia or our Broker Dealer. This information is provided for educational purposes and should not be construed as investment advice. Information is gathered from sources believed to be reliable;  Read More →

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