Reported 3 days ago
In a significant shift, President Trump signed an executive order allowing 401(k) retirement plans to invest in private equity, a domain previously inaccessible to everyday savers. Companies like BlackRock plan to launch 401(k) funds with allocations to private investments starting in 2026, aiming to leverage the superior returns of private equity compared to traditional stocks. However, experts warn that such investments carry high risks and less transparency, advising that retirement savers limit their exposure to such assets.
Source: YAHOO