NEW YORK (AP) — Millions of Americans saving for retirement through 401(k) accounts could have the option of putting their money in higher-risk private equity and cryptocurrency investments, according to an executive order signed Thursday by President Donald Trump that could give those financial players long-sought access to a pool of funds worth trillions. There is no immediate change in …
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President Donald J. Trump Democratizes Access to Alternative Assets for 401(k) Investors – The White House
EXPANDING INVESTMENT CHOICES FOR 401(K) PLANS: Today, President Donald J. Trump signed an Executive Order to allow 401(k) investors to access alternative assets for better returns and diversification. The Order directs the Secretary of Labor to reexamine the Department of Labor’s guidance on a fiduciary’s duties regarding alternative asset investments in ERISA-governed 401(k) and other defined-contribution plans. The Order instructs …
Read More »Venture Capital’s New Bailout: Your 401(k)
This is a web version of The Lever’s daily email newsletter. 🔥 Today’s Lever story: The government’s official story about the Epstein files keeps changing. 🎧 New on Lever Time: What’s at stake in the showdown between Trump and Federal Reserve head Jerome Powell? 👇 Spend three minutes reading this 917-word newsletter to learn about: Just how rich homeowners insurers …
Read More »Trump eyeing executive order to allow crypto, gold, and private equity in 401(k) retirement plans: report – The Block
Trump eyeing executive order to allow crypto, gold, and private equity in 401(k) retirement plans: report The Block Private Assets May Soon Be an Option in 401(k)s. Should You Invest? Bloomberg Donald Trump set to open US retirement market to crypto investments Financial Times These stocks could benefit if Trump expands private markets access in 401(k) plans, analysts say CNBC Exclusive | Trump Executive …
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