💲 Should You Include Cryptocurrency in 401(k) Investments? (AARP Article)
Crypto may be coming to retirement accounts. Think carefully about the pros and cons before investing.
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Like them or not, cryptocurrencies such as bitcoin, Litecoin and Ethereum continue to march into the financial mainstream, and the next frontier could be retirement savings.
In late May, the U.S. Department of Labor (DOL) rescinded prior federal guidance that discouraged 401(k) plan providers from offering crypto on their investment menus. While that isn’t necessarily an official stamp of approval — the DOL said it is maintaining a “neutral stance” on adding crypto to retirement plans — it does further open the door for a digital asset option.
