Brief News

Financial tips – Bitcoin

Bitcoin may be a new investment option in your 401(k) plan by the middle of this year.

Fidelity Investments, the largest 401(k) plan provider in the US with more than 20 million participants, will become the first major 401(k) provider to offer cryptocurrency as an investment for retirement savers.

But if you’re interested, you’ll have to check with your employer first, because the bitcoin option will only be offered to participants whose employers have elected to include it in their plans.

Fidelity did not specify how many employers have already signed on, but it confirmed a number of clients have committed and others are undergoing the evaluation process.

The Department of Labor, on the other hand, has publicly indicated it is very concerned about the prospect of 401(k) participants being exposed to the extreme volatility of crypto trading.

United Airlines to connect Newark – Ponta Delgada, Açores

United Airlines has introduced its new flight between Portugal and the U.S.

Namely its introductory flight to Ponta Delgada, Açores Island.

Departing from Newark Airport starting on May 13

45th “Portugal Day Parade” to take place on June 12 in Newark, NJ (See page 4 on April 13 Luso edition for program)