Crypto 401(k) Rule Reaches White House for Final Review
10 Articles
10 Articles
Crypto 401(k) rule reaches White House for final review
The U.S. Department of Labor has submitted its final rule on alternative investments in retirement plans for White House review, advancing a framework that could make it easier for employers to offer crypto exposure through 401(k) accounts. The Office of…
The U.S. Department of Labor sent the White House the final rule that would create a safe port to include cryptocurrencies in 401(k) retirement plans, marking the last step before publication.
White House Weighs Crypto 401(k) Fiduciary Protections
TLDR The Labor Department’s crypto-linked retirement rule entered final White House review on November 5. The proposed regulation introduces a process-based safe harbor for retirement-plan fiduciaries. The framework identifies six investment evaluation factors, including fees, liquidity, and valuation. The proposed safe harbor excludes ongoing investment monitoring and service-provider selection. US 401(k) retirement assets totaled $10.8 [...]
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cryptocrunchapp.comRule To Allow Crypto In 401(k)s Arrives At White House
The rule on alternative assets in plans 401(k) arrived at the White House on Thursday for the final review, after the work of the U.S. Department of Labour. The text is now under examination by the Office of Information and Regulatory Affairs, a passage that indicates how the norm is close to completion and publication. The goal is to facilitate entry [...]
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