Trump's Executive Order Expands Investment Options in 401(k)s to Include Crypto and Alternatives
TL;DR Summary
US President Donald Trump is advocating for easing regulations to allow Americans to invest retirement savings in cryptocurrencies, private equity, and other alternative assets, aiming to broaden investment options for workers but raising concerns about increased risks. The Department of Labor has 180 days to review potential rule changes, with some major firms already exploring private equity retirement funds. Critics warn this could pose risks to savers, while supporters see it as expanding investment opportunities.
- Trump opens door for crypto in retirement accounts BBC
- Trump signs order broadening access for alternative assets in 401(k)s Reuters
- Trump 401(k) Order Opens Door for Crypto, Private Equity and Real Estate The New York Times
- DEMOCRATIZING ACCESS TO ALTERNATIVE ASSETS FOR 401(K) INVESTORS The White House (.gov)
- Trump just signed an executive order that brings new investment options to 401(k)s—what it means for your money CNBC
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