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14 August 2020

Bitwage and Gemini Partner to Launch Bitcoin-Based Retirement Plan for Employees | Finance Bitcoin News

Bitwage and Gemini Partner to Launch Bitcoin-Based Retirement Plan for Employees | Finance Bitcoin News


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Cryptocurrency payroll service Bitwage has announced the launch of a Bitcoin 401 (k) plan, allowing companies to give their employees a BTC-based retirement plan.

A 401(k) is a retirement plan that allows employees of a company to save and invest for retirement on a tax deferred basis.

Bitwage stated that it is also looking to integrate Gemini’s trade facility directly into the Bitcoin 401(k) plan so that “institutional as well as retail investors have access to the same Gemini trading tools inside of tax-incentivized retirement accounts.”.

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