Trump moves to open 401(k) plans to crypto, gold, and private equity in a major shift in US retirement investing.

In an attempt to bring about a significant change in the way Americans handle their money, Donald Trump is getting ready to open the $9 trillion US retirement market to private equity, gold, and cryptocurrency investments. Three individuals who have been briefed on Trump's plans predict that he will sign an executive order this week that will allow 401(k) programs to accept investments other than standard stocks and bonds.

These investments would span a wide range of asset classes, including metals, digital assets, and funds specializing in infrastructure agreements, private loans, and corporate takeovers. According to these individuals, the executive order would direct regulatory bodies in Washington to look into the last obstacles that must be removed before such alternative investments may be added to professionally managed funds that 401(k) investors use.

President Trump is dedicated to protecting the economic future and bringing wealth back to the average American. However, the White House told the Financial Times that no decisions should be considered official till they are made by President Trump personally. Working Americans can invest a portion of their wages in publicly traded shares tax-free through 401(k) plans, which are one of the most common ways they save for retirement in the US.

However, almost all of these investments are held in mutual funds that invest in public stocks and bonds. Trump's efforts to mainstream cryptocurrency investments would be accelerated by the executive order, following the administration's high-profile enforcement measures against major online asset trading organizations.