Bitcoin And Retirement: U.S. House Bill To Include Crypto On 401(K) Plans
United States Rep. Byron Donalds has initiated a bill to the U.S. House of Representatives seeking to incorporate Bitcoin into every American home’s 401(K) retirement plans. It’s a novel and bold move as the bill also significantly boosts the Financial Freedom Act of 2022, which was also set in motion this month. The bill by […]
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U.S. Citizens might be able to invest in Bitcoin and digital assets as part of their pension and retirement plans, according to the Retirement Savings Modernization Act. Introduced by U.S. Senators Pat Toomey, Tim Scott, and Representative Peter Meijer. Related Reading: Facebook And Instagram Will Allow Users To Connect Their Crypto Wallets The bill was […]
Author Robert Kiyosaki posted a disastrous prediction via his Twitter account and warned followers about buying Bitcoin. This could be one of the few ways to protect themselves against a potential upcoming global calamity. Related Reading | Bitcoin And Retirement: U.S. House Bill To Include Crypto On 401(K) Plans Renown for writing the personal-finance best-selling title […]
The Republican congressman is supporting Sen. Tommy Tuberville’s Senate bill and financial services companies that want to include crypto in their 401(k) product offerings. Rep. Byron Donalds, a Florida Republican, introduced the Financial Freedom Act into the United States House of Representatives on Friday to prevent the U.S. Department of Labor from limiting the types of investments that can be included in Americans’ self-directed 401(k) retirement plans. The bill is the companion to Alabama Sen. Tommy Tuberville’s May 5 Senate bill.The Financial Freedom Act was introduced as a reaction....
It will look at the use and oversight of crypto in 401(k) and similar plans, which is controversial in many parts of the government. Chairman of the United Sates House of Representatives Ways and Means Committee Richard Neal sent a letter to the Government Accountability Office (GAO), a legislative branch watchdog, asking the agency to weigh in on the use of cryptocurrency in retirement plans. Defined contribution plans, such as the 401(k), are increasingly allowing savers to incorporate cryptocurrency in their plans, the lawmaker said, and concerns have arisen over crypto’s volatility and....
One of the largest darknet markets (DNM), White House, announced the market is retiring as the DNM’s administrators say the team has reached its goal. After revealing the retirement plan, White House admins explained that user registration and orders have been disabled. Darknet Market White House Plans to Close Its Doors Soon, User Registration and Orders Have Been Disabled When the DNM Dark Market was seized by global law enforcement, White House marketplace became the second-largest DNM just below the Russian darknet behemoth Hydra. White House also was a monero (XMR) only DNM,....