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President Trump wants 401(k) plans to invest more in private equity, real estate and cryptocurrency.
Here’s how a proposed rule change from the Labor Department could affect your 401(k) plan.
https://www.propublica.org/article/401k-retirement-plan-fees-funds?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
#News #Trump #WhiteHouse #Retirement #Finance #PersonalFinance #WallStreet #Business
NEW: Wall Street Wants to Change the Rules for Your 401(k). It Could Put Your Retirement at Risk.
Financial firms want a bigger piece of the $10 trillion in America’s 401(k) plans, and the Trump administration is planning a regulatory rollback to encourage less-regulated — and often riskier — investments.
https://www.propublica.org/article/401k-retirement-investment-plan-risk-trump?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
#News #WallStreet #Finance #PersonalFinance #Investment #Trump