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102 US Paves Way For Private Assets To Be Included In 401(k) Retirement Plans

Slashdot
BeauHD @ Slashdot 2 place · today 11:00 EDT

US Paves Way For Private Assets To Be Included In 401(k) Retirement Plans

An anonymous reader quotes a report from Reuters: The Trump administration on Monday issued a long-awaited proposed rule to open up retirement plans to alternative assets, paving the way for private equity and cryptocurrencies to be added to 401(k) accounts. The measure, announced by the U.S. Department of Labor, is intended to ease longstanding barriers to incorporating these less liquid and less transparent assets into American retirement plans. It follows an executive order from President Donald Trump la

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