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Trump Expands 401(k) Plans With Crypto — What This Means For Your Retirement
In August, President Donald Trump signed an executive order that will allow Americans to add such alternatives as cryptocurrency, real estate and private equity into their 401(k) retirement savings, per CNBC. Specifically, the order instructs the U.S. Secretary of Labor, the Treasury Department and the Securities and Exchange Commission (SEC) to revise their rules and guidelines so as to grant American 401(k) investors eventual access to such alternative currency assets as crypto. As CNBC noted, Trump’s historic executive order is a significant win for the digital currency realm, as the crypto industry has made ... (full story)
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