President Donald Trump has signed an executive order allowing Americans to invest their 401(k) retirement savings in alternative assets such as cryptocurrency, private equity, and real estate. This marks a significant shift in retirement investment options, offering new opportunities for diversification and potentially higher returns. The order directs the Securities and Exchange Commission (SEC), Labor Department, and Treasury to update their rules to facilitate access to these assets.

While this move opens up new avenues for retirement savings, some experts express concern about the risks involved. According to ABC News , Ted Rossman , a senior industry analyst at Bankrate, noted that providers might be hesitant to adopt these changes quickly due to potential costs and legal c

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