Bitcoin In Your 401(k)? Trump’s Labor Department Rolls Back Biden-Era Guidance On Crypto In The Employer-Sponsored Retirement Plan
Posted On May 29, 2025
The Labor Department lifted restrictions that previously discouraged the inclusion of cryptocurrencies in 401(k) retirement plans on Wednesday.
What Happened: The Department of Labor’s Employee Benefits Security Administration rescinded a Biden-era guidance that had urged plan fiduciaries to exercise “extreme care” before adding cryptocurrency to investment menus, marking a return to the department’s “historically neutral” position on such investments.
“By rescinding the 2022 guidance, the department reaffirms its neutral stance, neither endorsing, nor disapproving of, plan fiduciaries who conclude that the inclusion of cryptocurrency in a plan’s investment menu is appropriate,” …
About The Author
