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Opinion: Cryptocurrency inclusion in US retirement plans must overcome risk of benefits lawsuits

2025-06-02 16:49

Odaily News The U.S. Department of Labor has withdrawn its 2022 guidance, which warned trustees not to include cryptocurrencies in 401 (k) plans. Analysts believe that if cryptocurrencies are included in pension accounts, there may be a risk of benefit litigation, which refers to legal proceedings filed by employees, retirees or their representatives against employers, pension plan managers (trustees) or related institutions regarding employee benefit plans such as pensions, 401 (k), and health insurance. (Bloomberglaw)