Labor Department Proposal Could Open 401(k)s To Bitcoin And Alternative Assets

The U.S. Department of Labor has unveiled a sweeping proposed rule that could significantly expand the range of investment options available in 401(k) retirement plans, marking a potential turning point for alternative assets — including crypto — within tax-advantaged retirement accounts.

Released Monday by the department’s Employee Benefits Security Administration, the proposal aims to reduce regulatory uncertainty and litigation risk for fiduciaries considering alternative investments. 

The move follows an executive order from Donald Trump directing agencies to “democratize access” to non-traditional assets in retirement portfolios.

At its core, the rule reinforces that…

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