Expect Bitcoin in 401(k) plans with Trump

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Bitcoin investors love Donald Trump because he fully supported Bitcoin and invited people in the industry to flush his campaign with cash.

So now that he’s back in the White House in January, don’t be surprised that Bitcoin will be allowed as an investment in a 401(k) plan. As I write this, Bitcoin is $76,000 and with spot, exchange-traded funds out there, how is a Trump-run Department of Labor going to say no?

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© Ary Rosenbaum - The Rosenbaum Law Firm P.C.

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Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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