🚨 CRYPTO 401(K) RULE HITS WHITE HOUSE
The US Labor Department's final rule on alternative assets in 401(k) plans has reached the White House for review — the last step before publication.
📋 Logged at OIRA on Nov 5 as a final, economically significant rule (RIN 1210-AC38)
🛡️ Would give plan fiduciaries a legal safe harbor for adding crypto, private equity and real estate funds — judged on 6 factors: performance, fees, liquidity, valuation, benchmarks and complexity
💰 US 401(k) plans held $10.8 trillion at the end of June — even a 2% crypto allocation would mean ~$216B in inflows
⚖️ Nothing forces employers to offer crypto — each plan still decides its own menu
Sources: Bloomberg Law via Bitcoin Magazine, TheStreet, Crypto.news
#Crypto #Bitcoin #401k #Retirement #Investing #Zimbuck
The US Labor Department's final rule on alternative assets in 401(k) plans has reached the White House for review — the last step before publication.
📋 Logged at OIRA on Nov 5 as a final, economically significant rule (RIN 1210-AC38)
🛡️ Would give plan fiduciaries a legal safe harbor for adding crypto, private equity and real estate funds — judged on 6 factors: performance, fees, liquidity, valuation, benchmarks and complexity
💰 US 401(k) plans held $10.8 trillion at the end of June — even a 2% crypto allocation would mean ~$216B in inflows
⚖️ Nothing forces employers to offer crypto — each plan still decides its own menu
Sources: Bloomberg Law via Bitcoin Magazine, TheStreet, Crypto.news
#Crypto #Bitcoin #401k #Retirement #Investing #Zimbuck
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