05/10/2023 Cryptocurrency Investments – What Financial Advisors and Planners Need Know to Avoid Legal Actions – Andrew Shedlock – Rebroadcast

“Cryptocurrency Investments – What Financial Advisors and Planners Need Know to Avoid Legal Actions”
by Andrew Shedlock, Partner, Kutak Rock, LLP
Webinar – Wednesday, May 10, 2023, 2–3 PM EDT

The Internal Revenue Code (Code) and the Employee Retirement Income Security Act of 1974 (ERISA) do not prohibit the use of cryptocurrency as an investment option in a 401(k) plan.

Fidelity Investments will offer participants the option to put bitcoin in their 401(k)s by the middle of 2022.

However, the Department of Labor cautions plan fiduciaries to  [read more …]