With Crypto, Advisors Need to Tread Carefully
Despite lack of formal guidance, advisors will face scrutiny.
Source: morningstar.com
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Benefits Counselor – April 2022 - Employment and HR
In Wit v. United Behavioral Health, the U.S. Court of Appeals for the Ninth Circuit recently reversed the federal district court's ruling that United Behavioral Health (UBH) breached its fiduciary duty...
Source: mondaq.com
Crypto in your Retirement Plan? The DOL Won't Like It. | Poyner Spruill LLP
Cryptocurrency is becoming more popular, so it is natural that you or your participants may be wanting to add a cryptocurrency investment option to your retirement plan. But can you...
Source: jdsupra.com
Labor Dept. Warns Fiduciaries About Offering Crypto in DC Plans
The Employee Benefits Security Administration said 401(k) fiduciaries should use ‘extreme care’ before adding crypto options to a plan.
Source: ai-cio.com
U.S. Department Of Labor Has "Serious Concerns" Over 401(K) Plan's Investments In Cryptocurrencies | Foodman CPAs & Advisors
The U.S. Department of Labor cautions plan fiduciaries to exercise extreme care before they consider adding a cryptocurrency option to a 401(k) plan’s investment menu for plan...
Source: jdsupra.com