Rules allowing cryptocurrency in 401(k) plans have been sent to the White House for final review.
Odaily’s brief update reports only this development. The rule text, effective date, range of eligible assets, and allocation cap have not been disclosed.
· Submission for White House review indicates the rule has completed the preceding steps, but the outcome of the review is still pending.
· There isn’t enough information to determine whether or when 401(k) participants will be able to use it.
When this rule takes effect, which matters more to you: the range of available cryptocurrencies or the allocation cap?
Odaily’s brief update reports only this development. The rule text, effective date, range of eligible assets, and allocation cap have not been disclosed.
· Submission for White House review indicates the rule has completed the preceding steps, but the outcome of the review is still pending.
· There isn’t enough information to determine whether or when 401(k) participants will be able to use it.
When this rule takes effect, which matters more to you: the range of available cryptocurrencies or the allocation cap?
