Trump reportedly plans order to open 401(k)s to private markets: What it means for your retirement
1. Trump plans to sign order expanding private-market investments in retirement accounts. 2. Private assets may offer diversification but entail higher risks and fees. 3. Hedge funds and private equity could soon be accessible through 401(k) plans. 4. Investment products incorporating private assets are being rolled out by financial firms. 5. The previous Biden administration policy restricting private investments in retirement funds may change.