Opinion: Cryptocurrency inclusion in US retirement plans must overcome risk of benefits lawsuits
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Planet Daily News: The U.S. Department of Labor has withdrawn its 2022 guidance, which warned trustees against including cryptocurrencies in 401(k) plans. Analysis suggests that incorporating cryptocurrencies into retirement accounts may face benefit litigation risks, referring to legal actions brought by employees, retirees, or their representatives against employers, retirement plan administrators (trustees), or related institutions regarding retirement funds, 401(k)s, medical insurance, and other employee benefit plans. (Bloomberglaw)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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