By Andy Snyder We can’t believe nobody else is talking about this.
If you have a 401(k)… you can now invest in private equity.
This is one of the biggest twists in retirement law since former Sen. Roth (the fellow behind Roth IRAs) stood up and said, “Hmmm… I have an idea.”
But this move didn’t go through Congress. It’s straight from the president.
It comes in the form of an executive order.
This one is No. 13924.
In Trump’s words, his aim is “to remove barriers to the greatest engine of economic prosperity the world has ever known: the innovation, initiative and drive of the American people.”
Private equity …read more
