Why Trump’s 🆕 401(k) order could be good for investors.

401(k) Plan Evolution - 401(k) plans should empower individuals to make their own investment decisions [1] - This shift promotes financial literacy among participants [1] - It also benefits the business overall [1] Traditional 401(k) Shortcomings - Traditional 401(k) systems lacked transparency [1] - Participants were often unaware of the specific investments within funds [1] - Fee structures were unclear [1] - Performance data was not readily accessible [1] Industry Perspective - The industry views this evolution as a positive and overdue step [1]