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09 July 2020

Bitwage Rolls Out Bitcoin 401(k) Plan With Help From Gemini - CoinDesk

Bitwage Rolls Out Bitcoin 401(k) Plan With Help From Gemini - CoinDesk


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Bitwage Rolls Out Bitcoin 401(k) Plan With Help From Gemini.

government’s loan program may find salvation in an unlikely place: a new bitcoin 401(k) plan from Bitwage.

“Together with the PPP program, the Bitwage Bitcoin 401(k) Plan allows employers to get more out of their PPP loans, while providing their employees new and innovative investment options.”.

The Bitcoin 401(k) plan is a collaboration with three other firms: crypto exchange Gemini, the custodian service Kingdom Trust, as well as the established pension provider, Leading Retirement Solutions, who keep records for the 401(k) plan with the Department of Labor and the Internal Revenue Service (IRS).

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