US paves way for private assets to be included in 401(k) retirement plans - Reuters

The Trump administration has moved to allow private assets—such as private equity, hedge funds, and real estate—to be held within 401(k) retirement accounts, expanding the range of investments available to workers. Currently, 401(k) plans are largely restricted to publicly traded stocks, bonds, and mutual funds, limiting exposure to alternative investments that have historically offered higher returns. The regulatory shift aims to give retirement savers more control over their portfolios and potentially increase their long-term wealth accumulation. The change reflects broader administration efforts to reduce restrictions on how Americans can invest retirement savings. Implementation will require finalizing rules and may face scrutiny from regulators concerned about investor protections and account complexity.