Proposed Rule to Allow Crypto in 401(k) Plans Nears Final White House Review
(3 hours ago) · 1 source · Summarized by CryptoBipto
A proposed rule that would allow 401(k) retirement plans to include cryptocurrency investments is reportedly in the final stages of White House review. The rule, if finalized, would open the door for retirement savers to allocate a portion of their 401(k) funds to crypto assets. The timeline for when savers could actually begin investing remains unclear.
WHY IT MATTERS
A 401(k) is a retirement savings account offered by many employers in the United States, where workers set aside a portion of their paycheck to invest for the future.
Read the full analysis with a CryptoBipto membership
Members read why every story matters and the full analysis behind it.
SOURCES
- beincrypto.com
RELATED
Learn the concepts behind this
Clear explanations of the subjects this article touches, with every term defined.