News with the tag "401k"

A new executive order by President Donald Trump, as highlighted by David Sacks, could allow over 90 million U.S. workers to invest in crypto through their 401(k) retirement plans, potentially injecting $80 billion into the crypto market.

The article discusses the growing potential of cryptocurrency investments in U.S. 401(k) retirement plans, highlighting policy changes and the significant financial impact this could have on the crypto market.

President Donald Trump's executive order aims to clarify the inclusion of cryptocurrency in 401(k) retirement plans, providing guidance for plan administrators and potentially expanding investment options.

SEC Chair Paul Atkins' openness to including cryptocurrencies in 401(k) plans signals a potential shift in retirement investing, driven by regulatory evolution and industry initiatives like Fidelity's crypto offerings, though risks like volatility and regulatory uncertainty remain.

A prospective executive order from U.S. President Donald Trump may allow the inclusion of digital assets and gold in 401(k) retirement plans, potentially reshaping long-term wealth building strategies.