Retirement plans could soon have different investment options beyond stocks and bonds.
Representations of cryptocurrency bitcoin and the U.S. dollar, in this illustration on Aug. 10, 2022. Dado Ruvic/Reuters
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President Donald Trump signed an executive order on Aug. 7, opening the $9 trillion retirement market to cryptocurrencies and other alternative assets, White House officials said.
Typical 401(k) plans enable individuals to invest in a variety of assets, including stocks and bonds. The current administration is poised to introduce changes to conventional retirement accounts.
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”
