💨 Abstract
President Donald Trump is set to sign a decree on August 7, 2025, allowing 401(k) plans to offer alternative investment options, including private equity. The Department of Labor and SEC will issue guidelines for employers. While this move opens up more investment choices, it also requires employers to conduct diligent evaluations to ensure they benefit employees while managing risks and costs, a process that could take until 2026.
Courtesy: WTOP Staff
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