04.03.25

Bill Allowing Crypto in 401(k)s Introduced by Lawmakers

by: Tracey Longo

The Financial Freedom Act, sponsored by Republican Sen. Tommy Tuberville of Alabama and Rep. Byron Donalds of Florida would prohibit the head of the U.S. Department of Labor from restricting crypto investments available in self-directed 401(k) brokerage windows. It would also establish guidelines ensuring that financial institutions and employers don’t face regulatory challenges if they offer crypto as an investment option in 401(k) retirement plans.

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