Trump to Allow Alternative Assets and Crypto in 401(k)s

1 min read
Source: Bloomberg.com
Trump to Allow Alternative Assets and Crypto in 401(k)s
Photo: Bloomberg.com
TL;DR

President Donald Trump is set to sign an executive order to allow private equity, real estate, cryptocurrency, and other alternative assets in 401(k) retirement plans, aiming to expand investment options and potential returns for savers, while also promoting the cryptocurrency industry. The move involves reevaluating guidance on alternative assets under ERISA and coordinating with federal regulators to facilitate access, marking a significant shift in retirement investment policy.

Share this article

Want the full story? Read the original reporting

Read on Bloomberg.com