Donald Trump Changing 401(k) Plans: What to Know
Published Jul 18, 2025 at 6:50 AM EDT
Updated Jul 18, 2025 at 12:40 PM EDT
President Donald Trump and his administration are finalizing a plan to permit 401(k) retirement savings plans to invest in private assets, according to The Wall Street Journal and Bloomberg, citing individuals with knowledge of the matter.
This would be accomplished through an executive order that instructs the Department of Labor and the Securities and Exchange Commission to guide employers on incorporating investments in things such as stocks and bonds currently not traded on public exchanges.
…401(k)s are employer-sponsored personal pension accounts, into which employees make pretax contributions that are then matched by employers. These contributions can then be invested in publicly traded securities, and they primarily go toward stocks, bonds and mutual funds.
Private assets, by comparison, comprise those that are not publicly traded on stock exchanges, including private equity, venture capital, real estate and hedge funds.
These have till now been closed off to retirement savings accounts, given the regulatory and fiduciary hurdles investing in them would come with—such as the limited liquidity and higher fees associated with private-market investment products.
…”Private equity kind of always gets what it wants in Congress, but I think it’s a bad idea,” Jeffrey Hooke, a part-time professor of finance at the Johns Hopkins Carey Business School, told Business Insider. “It’s illiquid, the fees are very high. Private equity funds, for the most part, don’t beat the stock market.”
…………………….According to a separate report in the Financial Times, Trump is also planning to open up 401(k)s to investments beyond stocks and bonds, including gold and cryptocurrency.
SCAM SCAM SCAM
Professor Peter Arenella (@arenella1) posted at 7:45 AM on Fri, Jul 25, 2025:
Last night’s phone call from a life long British friend who is in the upper hierarchy of their intelligent service. Paraphrase his opening line: “Peter, I can’t understand why your national media failed to report what most NATO countries and Israel have known for over a decade:
(https://x.com/arenella1/status/1948726271057272995?t=J8DtLVOGfIblyJK7O1GBBw&s=03)
Professor Peter Arenella (@arenella1) posted at 7:45 AM on Fri, Jul 25, 2025:
Compelling evidence that Putin’s KBG secured compromat information of Trump’s life long pedophilia. It has become apparent to all of us that your national media lack the will to investigate because of the oligarchs who control them. Yet, the fact that the Wall Street Journal has
(https://x.com/arenella1/status/1948726273238323533?t=37PjK9rV-T3Bkz2Xq9cNLA&s=03)
rofessor Peter Arenella (@arenella1) posted at 7:45 AM on Fri, Jul 25, 2025:
now published information that its editors were well aware of years ago suggests that your oligarchs have decided Trump has outlived his usefulness so they are pushing him out the door so Vance can take over. That was their plan all along because they were well aware of Trump’s
(https://x.com/arenella1/status/1948726275004064043?t=_CEHUfaIRv9NpHuQlyV8_Q&s=03)
Professor Peter Arenella (@arenella1) posted at 7:45 AM on Fri, Jul 25, 2025:
severe cognitive decline and the lack of any impulse control over what comes out of his mouth.” My older followers might remember my posts in 2023-24 raised similar concerns from my Brit friend. Nothing new here from him except his surprise that our national media has failed us
(https://x.com/arenella1/status/1948726277319372911?t=rqJaB3PFd7pgGMLHxrxYWA&s=03)
uh uh uh
chris evans (@notcapnamerica) posted at 3:29 PM on Thu, Jul 24, 2025:
Shannon Sharpe has to pay $23M to a white Latina with a pancake ass but told his daughter she had a max budget of $30k for her wedding so she’d need to serve her guests spaghetti.
Created generational wealth for somebody else family 🥴
(https://x.com/notcapnamerica/status/1948480674555482202?t=q5FipIKOK4vlpNfx_5Sd1Q&s=03)
Aaron Rupar (@atrupar) posted at 8:48 AM on Fri, Jul 25, 2025:
Trump on pardoning Ghislaine Maxwell: “I’m allowed to do it” https://t.co/e9bjwFqfYr
(https://x.com/atrupar/status/1948742263091163340?t=TtRtuQGjJ3m5RhjztKv7TQ&s=03)
Good Morning, Everyone😊😊😊