Will Your 401(k) Go Crypto? Washington Pushes SEC To Say Yes

Group 1 - Legislators in Washington are urging the SEC to open the $12.5 trillion 401(k) retirement market to crypto and alternative assets following President Trump's executive order [1][2] - The executive order, signed on August 7, 2025, aims to reshape investment options for approximately 90 million Americans through their 401(k) plans [2][3] - The Department of Labour is revisiting ERISA guidelines to facilitate investments in alternative assets like private equity, real estate, and crypto [3][4] Group 2 - Lawmakers argue that limited access to alternative investments hinders returns and innovation in retirement strategies [4][5] - The SEC's role is crucial in redefining who qualifies as an "accredited investor," with bipartisan bills proposing to expand this definition [5][6] - Industry groups advocate for reform, stating that retirement plans focused solely on stocks and bonds do not reflect the evolution of capital markets [6]