No, cryptocurrencies shouldn’t be added to 401(k) plans

Malaysia News News

No, cryptocurrencies shouldn’t be added to 401(k) plans
Malaysia Latest News,Malaysia Headlines
  • 📰 washingtonpost
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

The Labor Department is telling companies to exercise extreme caution before even thinking about adding a cryptocurrency option to a 401(k) plan's investment menu

. The possibility of a cashless society makes investing in cryptocurrency seem like a no-brainer. If you’re late to this trend, you could be missing out on great gains, according to cryptocurrency proponents.

But then these are people whose fortunes often depend on you buying into this speculative investment option.With millions of people investing through their workplace plans, this is a key moment for digital assets. Here’s what you need to know.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

washingtonpost /  🏆 95. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

My wife and I are in our 50s with $300,000 in a 401(k) and $700,000 in a pension. I can’t work much longer and am ‘embarrassed’ we didn’t prepare better. Will we be able to ‘live a simple life’ in retirement?My wife and I are in our 50s with $300,000 in a 401(k) and $700,000 in a pension. I can’t work much longer and am ‘embarrassed’ we didn’t prepare better. Will we be able to ‘live a simple life’ in retirement?Have a question about your own retirement savings? Email us at HelpMeRetiremarketwatch.com
Read more »

March Madness 2022: Duke tops Cal State Fullerton to open Coach K's last NCAAsMarch Madness 2022: Duke tops Cal State Fullerton to open Coach K's last NCAAsDuke began retiring Hall of Famer Mike Krzyzewski's final NCAA Tournament with minimal stress, beating Cal State Fullerton 78-61 on Friday night.
Read more »

Opinion | My natural Black hair isn't a problem. Discrimination is.Opinion | My natural Black hair isn't a problem. Discrimination is.Wearing one’s hair in its natural state shouldn’t be a punishable offense, but in 2022 if you are Black in America it can be, SymoneDSanders writes.
Read more »

Nearly 600,000 ApeCoin Tokens Grabbed by Top Ethereum Whales: DetailsNearly 600,000 ApeCoin Tokens Grabbed by Top Ethereum Whales: DetailsTop Ethereum whales scooped up nearly 600,000 ApeCoin tokens: details $ape APE NFT cryptocurrencies Altcoin
Read more »

Dubai's New Virtual Asset Regulator Licenses Crypto Exchanges Binance, FTX – Regulation Bitcoin NewsDubai's New Virtual Asset Regulator Licenses Crypto Exchanges Binance, FTX – Regulation Bitcoin NewsDubai's Virtual Asset Regulatory Authority (VARA) has licensed two cryptocurrency exchanges: Binance and FTX.
Read more »



Render Time: 2025-03-07 03:06:16