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The Time Is Now To Get Acquainted With The Issues Concerning The Future Of Money And Digital Assets - Fin Tech

The future of money and digital assets is a vast topic that presents numerous challenges, and it has even caused debate as to whether cryptocurrency is a prudent retirement plan investment. ....

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Concerns About 401K Cryptocurrency Plans And Digital Assets

Department of Labor expressed concerns about plan fiduciaries’ decisions to allow 401k plan participants to invest in cryptocurrencies in Compliance Assistance Release 2022-01. Concerns include difficulties individuals might have in knowing how much to invest, record keeping ....

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DOL Expresses Extreme Concern Over Prudence of Cryptocurrency Investments in 401(k) Plans | Bond Schoeneck & King PLLC

On March 10, 2022, the United States Department of Labor (DOL) published Compliance Assistance Release No. 2022-01 (Release) addressing “cryptocurrency” investment in 401(k) retirement. ....

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Rep. Neal Asks Government Watchdog to Study Hazards of Crypto in 401(k)s

Concerns have arisen about the risks to older Americans who invest in cryptocurrencies in 401(k)s Neal told GAO. ....

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US House Ways and Means chairman asks the GAO to check out crypto in retirement plans

The U.S. Government Accountability Office has been asked to examine the controversial issue of cryptocurrency inclusion in 401(k)-type retirement plans. ....

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