Trump signs executive order allowing crypto, private equity, and real estate investments in 401(k) plans
Description
Trump has signed off on a sweeping executive order to allow crypto, private equity, and real estate deals inside 401(k) retirement accounts. This clears the way for about $9 trillion in American retirement savings to be funneled into riskier, less liquid assets, and it’s already shaking up how retirement plans will be built from here on out. The directive tells regulators in Washington to go back and adjust existing laws so that professional managers running 401(k) funds can start offering these...
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