Spot Bitcoin ETFs: A Game-Changer for Retirement Planning

Retirement savers eager to dip their toes into the world of Bitcoin may soon have an opportunity to do so without directly owning the cryptocurrency. U.S. regulators have until January 10th to decide whether to approve a spot Bitcoin exchange-traded fund (ETF) that would track the real-time price of Bitcoin. If approved, this could pave the way for retirement savers to gain more access to crypto as an asset class. Major asset managers, including BlackRock, …

Read more

The SEC’s New Proposal¬†Could Hurt Your Retirement Account

Retirement savings plans like 401(k)s and IRAs are crucial to the long-term financial well-being of millions of Americans. Mutual funds, which provide simple diversification for clients, are the most popular investment vehicle in the United States.

Despite mutual funds’ effectiveness in assisting industrious Americans in saving for retirement, the Securities and Exchange Commission (SEC) aims to significantly alter how these funds operate, leading to more significant expenses and poorer returns for investors.