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Trump Administration Clears Path for Crypto, Private Equity in 401(k)s

Trump Administration Clears Path for Crypto, Private Equity in 401(k)s

Trump Administration Clears Path for Crypto, Private Equity in 401(k)s In a significant shift impacting millions of American retirement savers, the Trump administration’s Labor Department recently rescinded Biden-era guidance that had cautioned against including volatile assets like cryptocurrency in 401(k) plans. This move, which occurred in May, signals a renewed push to broaden investment options within employer-sponsored retirement accounts, potentially introducing private equity and digital currencies into mainstream portfolios. The current administration’s action builds upon an executive order signed by…

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Trump-Era Executive Order Paves Way for Billions in Bitcoin 401(k) Investments Amid Supply Crunch

Trump-Era Executive Order Paves Way for Billions in Bitcoin 401(k) Investments Amid Supply Crunch

Trump-Era Executive Order Paves Way for Billions in Bitcoin 401(k) Investments Amid Supply Crunch A significant policy shift initiated by former President Donald Trump’s executive order continues to open the door for US retirement savers to invest in Bitcoin through their 401(k) plans. This directive, which eased regulations for alternative assets like cryptocurrencies in retirement accounts, is poised to channel billions of dollars into digital assets via regulated investment products such as spot Bitcoin exchange-traded funds (ETFs). Estimates suggest the…

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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?

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…

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Urgent Warning: Most Americans Misunderstand Medicare’s Long-Term Care Coverage, Face Staggering Costs

Urgent Warning: Most Americans Misunderstand Medicare’s Long-Term Care Coverage, Face Staggering Costs

Urgent Warning: Most Americans Misunderstand Medicare’s Long-Term Care Coverage, Face Staggering Costs A critical misunderstanding among millions of Americans regarding Medicare’s coverage of long-term care is raising alarms among retirement experts. Despite the widespread belief that Medicare will cover the extensive daily assistance many seniors eventually require, it fundamentally does not. This pervasive misconception leaves countless individuals unprepared for the potentially staggering costs associated with aging. Long-term care encompasses services like bathing, dressing, and eating assistance, which over 80% of…

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