Trump order will allow alternative assets like cryptocurrencies, private equity in 401(k)s
UNITED STATES, AUG 7 – The order directs federal agencies to ease regulations for alternative assets in retirement plans, potentially unlocking billions in new investments for roughly 100 million 401(k) participants.
- President Donald Trump will sign an executive order to allow alternative assets like cryptocurrencies, private equity and real estate into 401 retirement plans.
- The executive order will direct the U.S. Secretary of Labor to review fiduciary guidance on private market investments in 401s and other plans governed by ERISA.
- Asset managers like BlackRock and Empower have been pushing for access to the $12 trillion defined-contribution workplace savings plans market.
175 Articles
175 Articles
Bitcoin, Ethereum, Dogecoin Surge As Trump Opens 401(k)s To Crypto — Analyst Says 'End Game Is About To Begin' For This Bull Cycle - Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)
Major cryptocurrencies rallied on Thursday evening as President Donald Trump signed executive orders integrating digital assets into the U.S. financial system. The crypto market capitalization jumped 3.27% to $3.87 trillion following the landmark policy shift. Cryptocurrency Gains +/- Price (Recorded at 11.00 p.m. ET) Bitcoin (CRYPTO: BTC) +1.91% $116,791 Ethereum (CRYPTO: ETH) +6.71% $3,905 Dogecoin (CRYPTO: DOGE) +8.83 $0.2219 XRP (CRYPTO…
Trump Signs Executive Order Expanding 401(k) Investment Options
President Trump signed an executive order to open up retirement plans to private-market investments, aiming to increase Americans’ investment options. The move reverses a Biden-era restriction and encourages agencies to update rules that would allow more 401(k) funds to access alternatives like private equity and hedge funds. Key Facts: President Trump signed an executive order Thursday to allow private-market investments in retirement plans. T…
Trump's order opens 401(k) retirement plan options to private equity, crypto
Trump signed an order paving the way for 401(k) retirement plans to include private equity, crypto, and real estate, sparking opportunities for asset managers but raising concerns over fees, and transparency.
Coverage Details
Bias Distribution
- 63% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium