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Trump’s EO opens door for 401(k) retirement plans to invest in PE and crypto

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Photo: Getty Images

President Trump signed an executive order that will let Americans invest their 401(k) retirement savings in cryptocurrency, private equity and real estate.

President Trump has signed an executive order (EO) to allow 401(k) investors to access cryptocurrencies, private equity, real estate and other digital and alternative assets.

The order specifically directs the SEC to revise regulations in order to facilitate access to alternative assets for participant-directed defined-contribution retirement savings plans,