Five Reasons DOL (Almost) Prohibits 401(k) Cryptocurrency Investments

“The Department of Labor’s Employee Benefits Security Administration (DOL) issued Compliance Assistance Release No. 2022-01 (the “Release”) on March 10. The Release warns 401(k) plan fiduciaries to “exercise extreme care” before including cryptocurrency options on a 401(k) plan’s investment menu.” Read more from Frost, Brown, Todd LLC Attorneys here.

(3-minute read)

Source: Frost, Brown, Todd LLC Attorneys

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