Trump-Era 401(k) Crypto and Private Equity Push: What Happened to the Proposed Changes?
Trump-Era 401(k) Crypto and Private Equity Push: What Happened to the Proposed Changes? A past executive order from the Trump administration aimed to revolutionize retirement savings by allowing 401(k) plans to invest in alternative assets like private equity and cryptocurrencies. Signed by then-President Trump, the directive sought to broaden investment opportunities beyond traditional stocks and bonds, potentially opening the door for higher-risk, but potentially higher-reward, options in individual retirement accounts. The initiative, which garnered significant attention at the time, proposed…