Are there any restrictions or limitations when buying crypto with a 401k?

1 answers

• Dec 27, 2021 · 3 years ago
  When it comes to purchasing cryptocurrency with a 401k, there can be restrictions and limitations depending on your specific plan. Some 401k plans may not offer the option to invest in cryptocurrency at all, while others may have certain restrictions on the types of cryptocurrencies you can invest in. It's important to review your plan documents or speak with your plan administrator to understand the specific rules and limitations that apply to your 401k. Additionally, it's worth considering the potential risks and volatility associated with cryptocurrency investments before making any decisions.
  603302