Learn how you can invest in cryptocurrency through an IRA and what options are available for individual retirement accounts. In this episode of Covering Crypto, Fidelity professionals break down brokerage IRAs vs. crypto IRAs, tax advantages, and how cryptocurrencies like bitcoin and Ethereum may fit into a long‑term retirement strategy. We also cover risks, volatility, and key considerations like risk tolerance and time horizon to help you decide what approach aligns with your goals. If you're exploring cr ...

Core Insights - Retirement account balances have reached record highs in Q3 2025, with average 401(k) balances increasing by 9% year-over-year to $144,400 and average IRA balances rising by 7% to $137,902 [1][2] Group 1: Retirement Account Trends - There is a growing interest in Roth 401(k)s and IRAs, especially among younger savers, with Roth 401(k) contributions capped at $24,500 for 2026 [2][4] - The number of 401(k) accounts with balances of $1 million or more has increased to 654,000, a 10% rise from Q2, while IRA millionaires reached 559,181, up 11.5% from the previous quarter [6] Group 2: Savings Behavior - Despite market volatility, the majority of retirement savers continued to contribute, maintaining an average contribution rate of 14.2%, close to the recommended 15% [7] - Positive savings behaviors among younger workers, particularly Gen Z, have contributed to improved retirement outcomes [5][6] Group 3: Market Performance - U.S. markets experienced significant pressure due to country-specific tariffs announced in April, but rebounded in Q2 and Q3, with the Dow Jones up 9%, S&P 500 up 14%, and Nasdaq Composite up 17% through September 30 [8]

Investment Products - An IRA CD combines the safety of a CD with the tax advantages of an individual retirement account [1] - The CD earns investment interest over a set period of time [1]

Group 1 - Building an emergency fund and contributing to a 401(k) plan are essential financial steps for managing unexpected expenses and building long-term wealth [1] - After establishing basic savings and retirement plans, individuals should consider enhancing their financial safety net and exploring additional investment opportunities [2] Group 2 - Health Savings Accounts (HSAs) provide three layers of tax advantages: tax-deductible contributions, tax-free growth, and tax-free withdrawals for qualified medical expenses [3] - HSAs require a high-deductible health insurance plan for qualification, and non-medical withdrawals before age 65 incur a 20% penalty plus taxation [4] Group 3 - Roth IRAs differ from 401(k) plans in tax treatment; contributions to Roth IRAs are not tax-deductible, but all withdrawals, including income and gains, are tax-free [5] Group 4 - Insurance is crucial for asset protection, providing peace of mind against significant losses [6] - Individuals should consider various types of insurance, including health, vehicle, homeowners/renters, disability, umbrella/liability, life, and long-term care insurance, based on their financial situation [7]

Investment Opportunity - Real estate investment trusts (REITs) offer unique tax advantages [1] - These tax advantages can translate into superior yields for investors [1]