An executive order signed by President Trump seeks to include alternative assets such as cryptocurrency, real estate, and private equity in 401(k) retirement accounts. This marks a shift from the traditional options of stocks and bonds, allowing more diverse investments for workers. The change is aimed at democratizing access to private equity, which has historically been available to large institutions and wealthy individuals only. However, the quality of investment opportunities in these new options may not match those available to affluent investors, as the success depends on the specific companies or funds selected for inclusion.
The executive order signed by President Trump aims to allow alternative assets including cryptocurrency, real estate, and private equity in retirement accounts like 401(k)s.
Making private equity available in 401(k) plans represents a significant democratization of investments that have traditionally been exclusive to wealthy individuals.
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