Trump's 401(k) Changes Spark Legal and Investor Concerns
TL;DR Summary
A new Trump executive order allows 401(k) holders to invest in risky alternative assets like private equity and cryptocurrencies, which experts warn could lead to higher risks and potential exploitation, benefiting wealthy investors and Trump cronies at the expense of average workers' retirement security.
- What Trump’s Executive Order on 401(K)s Means for Workers Who Hope to Retire Truthout
- ‘I am highly alarmed by the proposed changes to retirement accounts’: I don’t want bitcoin or private equity in my 401(k). What can I do? MarketWatch
- Trump Wants to Open Up 401(k)s. Legal Threats Stand in the Way. MSN
- Trump pushes 401(k) alternative investments despite persistent legal risks - CHOSUNBIZ Chosun Biz
- Private equity: Now peddling derivatives squared of its failures The Currency
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