401(k) Plans: Industry Data Show Low Participant Use of Crypto Assets Although DOL's Data Limitations Persist
December 04, 2024
December 04, 2024
WASHINGTON, Dec. 4 (TNSrep) -- The Government Accountability Office issued the following report:
Here are excerpts:
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Fast Facts
Some 401(k) plans now offer the option to invest in crypto assets like bitcoin. While all investments have risks, our analysis shows that investment in selected crypto assets is uniquely volatile. The potential for high returns can come with considerably high risk.
Available industry data suggests tha . . .
Here are excerpts:
* * *
Fast Facts
Some 401(k) plans now offer the option to invest in crypto assets like bitcoin. While all investments have risks, our analysis shows that investment in selected crypto assets is uniquely volatile. The potential for high returns can come with considerably high risk.
Available industry data suggests tha . . .