Trump’s Plan to Let 401(k)s Hold Crypto Is Almost Final: When Can Savers Buy In?

A final Labor Department rule that would shield employers who add private equity, real estate, and crypto to 401(k) plans reached the White House on Thursday. The review is the last step before the rule is published. Employer savings plans such as 401(k)s held $15 trillion at the end of June, Investment Company Institute (ICI) data shows. Asset managers want access to that money. Three Democratic lawmakers urged in June that the rule be withdrawn. How the Crypto 401(k) Rule’s Lawsuit Shield Works The rule landed at the Office of Information and Regulatory Affairs (OIRA), which vets major regulations, Bloomberg Law reported . It carries out a Trump executive order. No plan is forced to offer new assets.

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