Explainer

How Private Equity and Crypto Could Reshape 401(k)s

President Trump signed an executive order allowing 401(k)s to offer investments in private assets.Source: Politico

President Donald Trump’s Aug. 7 executive order aimed at making it easier to include alternative assets such as private equity and cryptocurrency in 401(k) retirement plans has the potential to give savers access to bigger investment returns, but it also introduces more risk.

Many Americans expect to rely in their later years on retirement savings plans, including employer-sponsored plans such as 401(k)s and 403(b)s.