Economy, Investing, Personal Finance

“Trump just signed an executive order that brings new investment options to 401(k)s…”

“President Donald Trump signed an executive order on Thursday allowing alternative assets such as private equity, cryptocurrencies and real estate into workplace retirement plans…

“The objective for the average person is to have a safe, secure retirement plan,” says Jerry Schlichter, founding partner of Schlichter Bogard, a firm known for lawsuits on behalf of employees over excessive fees in 401(k) plans. “When you talk about new areas like cryptocurrency or private equity, these are fraught with danger for investors for a variety of reasons.”…

There’s nothing wrong with [nontraditional 401(k) investments], but you have to know what you own,” says Sam Stovall, chief investment strategist at CFRA. “What is it that you’re buying? What are your expectations for this investment? And if it goes through a slump, what are you going to do then?”…”

https://www.cnbc.com/2025/08/07/new-trump-executive-order-brings-new-investment-options-to-401ks.html

Leave a Reply