Unbiased AI-powered news
3 stories related to this topic, newest first.
Substrate placeholder — needs reviewThe U.S. Department of Labor has issued new guidance permitting 401(k) retirement plans to include investments in cryptocurrency, private equity, and real estate. This follows an executive order from last year aimed at expanding retirement options for the middle class. Bitcoin ha…
Substrate placeholder — needs reviewA proposed federal rule would permit 401(k) retirement savings plans to include alternative assets such as cryptocurrency and private equity. The rule aims to provide a framework for plan fiduciaries to evaluate these investments. However, employers may still face potential lawsu…
Substrate placeholder — needs reviewThe U.S. Labor Department is considering a plan to provide Wall Street firms with greater access to the 401(k) retirement savings market. This proposal aims to increase investment options for participants in employer-sponsored retirement plans. The move follows ongoing discussion…