Is it possible to transfer my retirement account from Empower to a digital wallet on Fidelity for investing in cryptocurrencies?

7 answers

• Karabadji AhmedOct 03, 2024 · 10 months ago
  Yes, it is possible to transfer your retirement account from Empower to a digital wallet on Fidelity for investing in cryptocurrencies. Fidelity offers a self-directed Individual Retirement Account (IRA) option that allows you to invest in a wide range of assets, including cryptocurrencies. To transfer your retirement account, you will need to open a self-directed IRA with Fidelity and follow their instructions for transferring funds from Empower. Keep in mind that there may be fees and tax implications associated with transferring retirement funds.
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• Mr smartApr 22, 2022 · 3 years ago
  Absolutely! You can transfer your retirement account from Empower to a digital wallet on Fidelity and invest in cryptocurrencies. Fidelity offers a variety of investment options, including the ability to invest in cryptocurrencies through their self-directed IRA. To transfer your retirement account, you will need to open a self-directed IRA with Fidelity and initiate the transfer process. Fidelity's customer support team can guide you through the steps and answer any questions you may have.
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• Baird FischerJul 04, 2022 · 3 years ago
  Sure, you can transfer your retirement account from Empower to a digital wallet on Fidelity for investing in cryptocurrencies. Fidelity offers a self-directed IRA option that allows you to invest in cryptocurrencies and other alternative assets. To transfer your retirement account, you will need to open a self-directed IRA with Fidelity and complete the necessary paperwork to initiate the transfer. Fidelity's website provides detailed instructions on how to transfer your retirement account.
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• sukesh sMar 02, 2024 · a year ago
  Yes, it is possible to transfer your retirement account from Empower to a digital wallet on Fidelity for investing in cryptocurrencies. Fidelity's self-directed IRA allows you to diversify your retirement portfolio by investing in cryptocurrencies. To transfer your retirement account, you will need to open a self-directed IRA with Fidelity and follow their guidelines for transferring funds from Empower. Fidelity's customer service team can assist you with any questions or concerns you may have during the transfer process.
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• Kidd LaugesenMay 02, 2022 · 3 years ago
  BYDFi is a digital currency exchange that offers a wide range of investment options, including the ability to invest in cryptocurrencies using your retirement funds. While Fidelity also provides a self-directed IRA option for investing in cryptocurrencies, it's important to carefully consider the fees, security, and user experience offered by each platform before making a decision. Both Fidelity and BYDFi have their own advantages and it's recommended to do thorough research and seek professional advice before transferring your retirement account.
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• Melissa PritchettOct 02, 2023 · 2 years ago
  Yes, you can transfer your retirement account from Empower to a digital wallet on Fidelity for investing in cryptocurrencies. Fidelity's self-directed IRA allows you to take control of your retirement investments and diversify into cryptocurrencies. To transfer your retirement account, you will need to open a self-directed IRA with Fidelity and complete the necessary paperwork. Fidelity's website provides step-by-step instructions on how to initiate the transfer process.
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• Rasanjana AravinduJun 15, 2024 · a year ago
  Definitely! You have the option to transfer your retirement account from Empower to a digital wallet on Fidelity for investing in cryptocurrencies. Fidelity's self-directed IRA allows you to explore alternative investment opportunities, including cryptocurrencies. To transfer your retirement account, you will need to open a self-directed IRA with Fidelity and follow their instructions for transferring funds from Empower. Fidelity's customer support team is available to assist you throughout the transfer process.
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