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Publisher: SHRM
DOL Warns 401(k) Plans Against Allowing Crypto Investments
The U.S. Department of Labor (DOL) warned 401(k) plans to "exercise extreme care" before including a cryptocurrency option in their investment menu. While short of an outright ban, the guidance calls for an abundance of caution regarding crypto.The U.S. Department of Labor (DOL) warned 401(k) plans to "exercise extreme care" before including a cryptocurrency option in their investment menu. While short of an outright ban, the guidance calls for an abundance of caution regarding crypto. -
Publisher: Fortune
Workers want crypto 401(k) options, but companies that offer them will face a wave of lawsuits
Plaintiffs attorneys are salivating over future litigation as companies weigh whether to offer risky crypto options in their retirement plans.Plaintiffs attorneys are salivating over future litigation as companies weigh whether to offer risky crypto options in their retirement plans. -
Publisher: 401K Specialist
Fidelity to Offer Bitcoin in 401ks - 401K Specialist
Crypto and 401(k)s... A good idea, bad idea or still too early to tell? Bitcoin in 401ks took a major step forward with the announcement that Fidelity is launching Fidelity’s workplace Digital Assets Account.Crypto and 401(k)s... A good idea, bad idea or still too early to tell? Bitcoin in 401ks took a major step forward with the announcement that Fidelity is launching Fidelity’s workplace Digital Assets Account. -
Publisher: Groom Law Group
DOL Threatens to Investigate Fiduciaries Over Cryptocurrency in 401(k)s
DOL threatens to investigate fiduciaries over cryptocurrency in 401(k)s... what employers need to know.  One day after President Biden’s Executive Order on Ensuring Responsible Development of Digital Assets, the Department of Labor’s Employee...DOL threatens to investigate fiduciaries over cryptocurrency in 401(k)s... what employers need to know.  One day after President Biden’s Executive Order on Ensuring Responsible Development of Digital Assets, the Department of Labor’s Employee...
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