It's been a couple weeks since the "Retirement Savings Modernization Act" was proposed and digital assets are one of the additional investment vehicles people would be able to get into within their retirement accounts. Honestly, I feel this bill was pretty much proposed for that alone, but I digress.
I'd also like to say the BNY Mellon news was entirely coincidental, but I think we all know better. I fully expect the RSMA to get through and open that proverbial door. What do you guys think about the bill? Will you divert any of your 401k funds into crypto funds?
Bill: https://www.banking.senate.gov/imo/media/doc/retirement_savings_modernization_act.pdf
Rollcall Article: https://rollcall.com/2022/09/29/senate-bill-would-boost-alternative-assets-in-401k-plans
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