U.S. Department of Labor Proposes New Rule That Would Open Up 401(k) Plans to Crypto

U.S. Department of Labor Proposes New Rule That Would Open Up 401(k) Plans to Crypto

Published on

The U.S. Department of Labor has introduced a proposed rule that could significantly expand investment options within 401(k) retirement plans, potentially opening the door to cryptocurrency and other alternative assets. This proposal aims to reduce regulatory barriers and clarify how plan fiduciaries can evaluate and include alternative investments.

The U.S. Department of Labor has introduced a proposed rule that could significantly expand investment options within 401(k) retirement plans, potentially opening the door to cryptocurrency and other alternative assets. According to the Employee Benefits Security Administration, the proposal aims to reduce regulatory barriers and clarify how plan fiduciaries can evaluate and include alternative investments. […]