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Trump 401k changes: What to know
Your 401(k) options could change soon. President Donald Trump signed an executive order Thursday to clear the way for Americans to invest their retirement savings in private equity, cryptocurrency, real estate and other alternative assets. It’s a big win for the asset industry — giving financial managers access to some of the $12.2 trillion in Americans’ 401(k) and related retirement plans. Private assets can also be more lucrative, and the Trump administration said they can give retirement savers more opportunities. “The theoretical benefits are that everyday Americans can invest in a broader menu of ... (full story)
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