Trump Signs Executive Order Expanding 401(k) Options to Include Crypto and Private Equity
In a significant move, President Trump has signed an executive order that opens the door for alternative assets, including cryptocurrencies and private equity, to be included in 401(k) retirement plans. Experts are advising caution regarding these investment options, urging retirement savers to consider the potential risks involved. The order is expected to transform the landscape of retirement investing, potentially benefiting individuals looking to diversify their portfolios but also raising concerns about the long-term implications for working families. Bitcoin and other digital currencies have experienced a surge in response to the news, as many are eager to explore new avenues for their retirement savings.
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