The Trump administration is rescinding Biden administration guidance that discouraged cryptocurrency investing by 401(k) plans.
The 2022 guidance directed plan fiduciaries to exercise “extreme care” before adding cryptocurrency to investment menus. That caution has now been removed.
My opinion is that employees have enough trouble navigating and understanding basic investment options and using them wisely, do we need to add to that with an investment few people understand?
Buy crypto out side retirement plans if you want to.
QUINNSCOMMENTARY 
Interested in Crypto checkout my page 💥💥
LikeLike
I have no idea about crypto but our grandchildren might find it very useful–old guys like me feel stocks and bonds have done the job for a century plus–but times do change–why do I expect this will benefit Trump directly.
LikeLike
Well, the crypto business has become more and more in the public eye and is becoming tradable in mutual funds. Given that, there would be interest by people to get access through their 401k. The 401k sponsors have to put out information about any available investments and that should apply to crypto.
I personally have never wrapped my head around that whole business and have not and don’t intend to invest in it. But if someone else wants to put a portion of their money in it, who am I to say no. We can only say buyer beware.
LikeLike