Bitcoin in Your 401(k)? U.S. Labor Dept’s Crypto U-Turn Could Change Retirement Forever!
The U.S. Labor Department scraps its 2022 crypto warning, adopting a neutral stance on Bitcoin in 401(k) plans. This shift could unlock crypto for millions of retirement savers. Is your portfolio ready for this game-changer?
On May 28, 2025, the U.S. Department of Labor rescinded its 2022 guidance that urged “extreme care” for including cryptocurrencies like Bitcoin in 401(k) retirement plans, per Crypto News. The new neutral stance, neither endorsing nor discouraging crypto, empowers plan fiduciaries to decide, potentially opening the door for millions of Americans to invest retirement funds in digital assets.
The Biden-era warning, citing crypto’s volatility and custody risks, stifled offerings, with only 1% of 401(k) plans including crypto by 2024, per CoinDesk. Now, under Secretary Lori Chavez-DeRemer, the department rejects this “overreach,” aligning with ERISA’s neutral investment approach. Bitcoin’s surge past $111,000, fueled by ETF inflows and Trump’s pro-crypto policies, adds momentum, per Watcher.guru.
For beginners, this means easier access to crypto in retirement accounts, but risks remain—Bitcoin’s 2025 swings between $70,000 and $112,000 highlight volatility. Regulatory clarity could boost adoption, yet scams and security concerns persist, per X posts. Diversify, research reputable platforms like Fidelity, and consult fiduciaries to navigate this bold shift safely.
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
