Trump's 401(k) Order Expands Access to Alternative Investments
TL;DR Summary
President Trump signed an executive order to encourage the inclusion of alternative assets like cryptocurrencies, private equity, and real estate in 401(k) retirement plans, prompting a re-evaluation of guidelines by the Labor Department. While this signals a shift towards more diverse investment options, experts caution that fiduciaries will proceed carefully due to legal and prudence considerations, especially given the opaque nature of some assets like private equity and crypto.
- Trump 401(k) Order Opens Door for Crypto, Private Equity and Real Estate The New York Times
- Trump signs order opening way for alternative assets in 401(k)s Reuters
- What Trump's 401(k) executive order could mean for investors ABC News
- DEMOCRATIZING ACCESS TO ALTERNATIVE ASSETS FOR 401(K) INVESTORS The White House (.gov)
- Trump Signs Order Easing Path for Private Assets in 401(k)s Bloomberg.com
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