Trump to Sign Executive Order Easing 401(k) Account Investment Restrictions
According to reports, U.S. President Trump will sign an executive order on Thursday to relax the pathways for 401(k) retirement accounts to invest in alternative assets such as private equity, real estate, and cryptocurrencies. The order will direct the Department of Labor to revisit the regulatory guidance under the Employee Retirement Income Security Act (ERISA) of 1974 and collaborate with agencies such as the Treasury Department and the Securities and Exchange Commission to explore whether rules need to be adjusted to support this shift.