The Trump administration has proposed a rule that would allow 401(k) retirement plans to more easily include alternative assets such as cryptocurrency, real estate, and private market assets.
The Department of Labor (DOL) issued its rule to include more options for 401(k) plans, which came after President Donald Trump signed an executive order last August that directs that the DOL and the Securities and Exchange Commission (SEC) to offer expanded assets in 401(k)s.
“This proposed rule is an initial step in implementing the President’s Executive Order in a safe and smart manner, broadening access to additional retirement plan options for…
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