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Labor Dept. backs off crypto warning, restores neutral stance on 401(k)s
The U.S. Department of Labor on Wednesday rescinded its 2022 directive that had discouraged retirement plan fiduciaries from offering cryptocurrency as an investment option in 401(k) plans. The department is calling the earlier guidance a deviation from established legal standards… дальше »
2025-5-29 18:34 | |
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U.S. Department of Labor Faces Pushback Over 401(k) Bitcoin Plans
The U.S. Department of Labor is receiving pushback from an industry initiative, requesting it rescind its previous guidance on including crypto in 401(k) plans. The post U.S. Department of Labor Faces Pushback Over 401(k) Bitcoin Plans appeared first on BeInCrypto. дальше »
2022-6-20 20:16 | |
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Retirement service provider sues US Labor Department over crypto guidance
A retirement savings service provider, ForUsAll, is suing the United States Department of Labor over recent guidance issued to fund managers and companies that offer 401(k) holders the option to invest in crypto-assets, The Wall Street Journal reported. дальше »
2022-6-4 00:00 | |
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401(k) provider ForUsAll sues US Labor Dept over anti-crypto compliance release
The retirement plan fiduciary says warning about investigation of 401(k) plans that include cryptocurrency constitutes encroachment on private rights. дальше »
2022-6-3 00:00 | |
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US Labor Department Sued After Warning 401(k) Providers About Allowing Crypto Investments
The U.S. Department of Labor (DOL) in March issued a controversial warning to 401(k) plan fiduciaries to “exercise extreme care” before considering adding cryptocurrencies to a retirement plan’s investment menu. Today, the agency is being sued for it. дальше »
2022-6-3 20:51 | |
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Senator Warren challenges Fidelity over its Bitcoin 401(k) plans
Senator Elizabeth Warren and Tina Smith have written a letter to Fidelity over its decision to allow Bitcoin investments in its 401(k) plans. The letter asked the investment firm why it failed to heed the Department of Labor (DOL) warning regarding crypto investments as part of pension retirement plans. дальше »
2022-5-6 21:30 | |
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Elizabeth Warren Echoes Labor Dept. Concerns About Fidelity’s Plan for Bitcoin in 401(k) Retirement Plans
U.S. Sen. Elizabeth Warren has joined the Department of Labor in expressing concerns about Fidelity Investment's plans to offer bitcoin in its 401(k) retirement plans. дальше »
2022-5-5 18:35 | |
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US Labor Department Has ‘Grave Concerns’ Over Fidelity’s Bitcoin Pension Plans
The proposal by Fidelity Investments to let clients put bitcoin into their 401(k) plans poses a danger to the financial security of Americans, the Department of Labor has said. The post US Labor Department Has ‘Grave Concerns’ Over Fidelity’s Bitcoin Pension Plans appeared first on BeInCrypto. дальше »
2022-4-29 18:30 | |
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The US Labor Department Sounds Stern Warnings Against Including Cryptocurrencies In Retirement Funds
The Labor Department has warned firms to think carefully before adding cryptocurrencies to their investment options for 401(k) plans. дальше »
2022-3-12 23:46 | |
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Crypto Could Be Bad For Retirement Savings Plans, The US Labor Dep’t Warns
Retirement plan members should exercise caution before adding crypto to their 401(k) plan’s investment options, the US Department of Labor warned Friday. The warning comes a day after US President Joe Biden signed an executive order establishing a government-wide effort to develop policies for bitcoin and other related assets. дальше »
2022-3-11 15:00 | |
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US Labor Dept warns of crypto risks in retirement plans
With “significant risks,” cryptocurrencies have attracted the attention of U.S. legislators looking to decrease the exposure to digital assets in 401(k) retirement accounts. дальше »
2022-3-11 08:36 | |
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