President Donald Trump is reportedly preparing to sign an executive order that could open U.S. retirement plans, known as 401(k)s, to cryptocurrency and other alternative assets. The move could drastically change how nearly $9 trillion in retirement savings are managed and allocated.
A New Direction for 401(k) Investments
According to a Financial Times report, the executive order may be signed as early as this week. It would direct Washington regulators to explore pathways for allowing 401(k) accounts to include crypto assets, metals, infrastructure…
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