The 401(k) alternative assets rule reaches White House review, nearing release
The U.S. Department of Labor’s 401(k) alternative assets rule reached the White House on Thursday for final review, advancing a regulation that would ease the inclusion of private equity, real estate and cryptocurrency in retirement plans. The final rule is now with the Office of Information and Regulatory Affairs, a step that signals it is nearing completion and public release. The measure concerns the process for adding alternative investments to 401(k) investment menus.