Crypto retirement plans face opposition from 53% of Americans

A new national survey has found that 53% of Americans oppose employers offering cryptocurrency in workplace retirement plans, while 77% consider such investments risky. Summary 77% of Americans view cryptocurrency in workplace retirement plans as risky. 53% oppose employers adding crypto to their retirement investment menus. 80% believe the United States faces a retirement crisis, up from 67% in 2020. Federal regulators are considering rules for adding alternative assets to 401(k) plans. The National Institute on Retirement Security reported in its survey that 46% of respondents considered cryptocurrency in workplace retirement plans “very risky,” contributing to the 77% who expressed some level of concern. Crypto retirement plans face resistance from US savers Opposition to workplace crypto options extended beyond respondents who viewed digital assets as risky. According to the institute, 53% did not support employers offering cryptocurrency as an investment choice within their retirement plans. Public concern about digital assets emerged alongside deeper anxiety over the condition of the US retirement system. The survey found that 80% of Americans believed the country faces a ret...