--- title: When Will Bitcoin Make Its Way to 401(k) Plans? description: If you're itching to get into the bitcoin game within your company's retirement plan, cool your jets. There are plenty of reasons why it's not possible yet. image: https://www.dwc401k.com/hubfs/Knowledge%20Center/Pillar%20Categories%202024/PNG%20-%20with%20category%20name/hero_ii_png_category.png --- [![logo](https://www.dwc401k.com/hubfs/_global/logo.svg "logo")](https://www.dwc401k.com/) [![logo](https://www.dwc401k.com/hubfs/Dwc-2019/SVG/logo.svg "logo")](https://www.dwc401k.com/) [![Contribution Limits](https://no-cache.hubspot.com/cta/default/3113501/af3ae025-72b1-41fa-8855-5e196d6c26e4.png)](https://cta-redirect.hubspot.com/cta/redirect/3113501/af3ae025-72b1-41fa-8855-5e196d6c26e4) [![Log in](https://no-cache.hubspot.com/cta/default/3113501/3466ce37-58ba-4a93-bddb-0d4c8bb8ccbc.png)](https://cta-redirect.hubspot.com/cta/redirect/3113501/3466ce37-58ba-4a93-bddb-0d4c8bb8ccbc) [![services-icon1](https://www.dwc401k.com/hubfs/QOTW/March%202020/services-icon1.png) ## Plan Document A properly drafted document is the foundation of achieving the company's objectives and keeping the plan in operational compliance. ](https://www.dwc401k.com/services/plan-document) [![services-icon2](https://www.dwc401k.com/hubfs/QOTW/March%202020/services-icon2.png) ## Plan Compliance We have a fundamental understanding of how critical plan compliance is to both the IRS and Department of Labor. ](https://www.dwc401k.com/services/plan-compliance) [![services-icon3](https://www.dwc401k.com/hubfs/QOTW/March%202020/services-icon3.svg) ## Defined Benefits Services We work with business owners and investment advisors to determine what makes the most sense by providing a detailed cost benefit analysis. ](https://www.dwc401k.com/services/defined-benefits-services) [![services-icon4](https://www.dwc401k.com/hubfs/QOTW/March%202020/services-icon4.svg) ## Mergers, Aquisitions & Related Company Analysis The DWC team is well-versed enough in the nuances and is ready to help you navigate the situation. ](https://www.dwc401k.com/services/mergers-acquisitions-analysis) [![services-icon5](https://www.dwc401k.com/hubfs/QOTW/March%202020/services-icon5.png) ## Plan Corrections DWC's extensive experience with both the IRS and Department of Labor voluntary correction programs allows us to help you address just about any accident that might happen. ](https://www.dwc401k.com/plan-corrections) [![services-icon6](https://www.dwc401k.com/hubfs/QOTW/March%202020/services-icon6.png) ## Government Audits Being selected for an audit can feel overwhelming, but the process doesn't have to be. ](https://www.dwc401k.com/services/government-audits) ![service-right-icon](https://www.dwc401k.com/hubfs/QOTW/March%202020/service-right-icon.svg) ## Investment Advisor Support DWC has a long history of successfully partnering with investment advisors. 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[ DWC ](https://www.dwc401k.com/blog/author/dwc) | Published: 06/14/2018 | [News](https://www.dwc401k.com/blog/topic/news), [Retirement Plan Investment Menu](https://www.dwc401k.com/blog/topic/retirement-plan-investment-menu), [Industry Insights](https://www.dwc401k.com/blog/topic/industry-insights) For more than a year bitcoin and other cryptocurrencies have been making headlines, and its skyrocketing value has investors asking when it will become an investment menu option for their 401(k) or other retirement savings plans. DWC Managing Partner Keith Clark answers that question in a [article published on the Kiplinger website](https://www.kiplinger.com/article/investing/T001-C032-S014-when-will-bitcoin-make-its-way-to-401k-plans.html). “Currently, no mutual fund, collective investment fund or ETF in the United States has a fund exclusively investing in bitcoin or cryptocurrency,” Clark wrote. “It is possible to purchase bitcoin futures on certain exchanges; however, these can only be accessed by brokerage accounts that permit purchases in these exchanges.” **Excerpts from the Kiplinger Article:** - Bitcoin owners store and track their bitcoin in wallets. A plan sponsor generally holds one position of each security on behalf of all participants. That means someone must hold the password for the wallet, which could be the plan sponsor or their selected recordkeeping provider. A bitcoin wallet has one password, and there is no reset. If that password is ever lost, your bitcoin is lost. - The question a fiduciary must ask is whether they want to permit investments that are not regulated in any way, shape or form by any government. Plan sponsors are reluctant to offer cryptocurrency as an investment option because of the volatility, lack of risk analysis, lack of government oversight and the hassle factor involved in administration. - Bitcoin is available for investment with your monies outside of a company plan. You can already access it through a self-directed IRA, which could be a good option as it encourages investors to do this outside their 401(k) plan with IRA or after-tax monies. Read the full article about [cryptocurrency as an investment option](https://www.kiplinger.com/article/investing/T001-C032-S014-when-will-bitcoin-make-its-way-to-401k-plans.html). For more information on investment menu options, visit our [Knowledge Center](https://www.dwc401k.com/retirement-plan-investments-participant-communications).  - Share - [**](https://www.facebook.com/sharer/sharer.php?u=https://www.dwc401k.com/blog/when-will-bitcoin-make-its-way-to-401k-plans&title=When%20Will%20Bitcoin%20Make%20Its%20Way%20to%20401(k)%20Plans?&picture=https://www.dwc401k.com/hubfs/Knowledge%20Center/Pillar%20Categories%202024/PNG%20-%20with%20category%20name/hero_ii_png_category.png&description=If%20you're%20itching%20to%20get%20into%20the%20bitcoin%20game%20within%20your%20company's%20retirement%20plan,%20cool%20your%20jets.%20There%20are%20plenty%20of%20reasons%20why%20it's%20not%20possible%20yet.) - [**](https://twitter.com/share?url=https://www.dwc401k.com/blog/when-will-bitcoin-make-its-way-to-401k-plans&hashtags=) ## Browse categories [ DWC Developments ](https://www.dwc401k.com/blog/topic/dwc-developments) [ Industry Insights ](https://www.dwc401k.com/blog/topic/industry-insights) [ Regulatory Round-Up ](https://www.dwc401k.com/blog/topic/regulatory-round-up) [ Cash Balance Corner ](https://www.dwc401k.com/blog/topic/cash-balance-corner) [ 401(k) Q&A ](https://www.dwc401k.com/blog/topic/401k-qa) [ Operational Overview ](https://www.dwc401k.com/blog/topic/operational-overview) [ Lessons from Litigation ](https://www.dwc401k.com/blog/topic/lessons-from-litigation) [ Pension Primer ](https://www.dwc401k.com/blog/topic/pension-primer) [ Browse by Topic ](https://www.dwc401k.com/knowledge-center-topics) ## Subscribe to our newsletter ### Only the Best Retirement Industry Content Get our 401(k) and defined benefits content delivered directly to your inbox. 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