Trump Just Opened the Floodgates: Crypto Officially Lands in 401(k) Retirement Plans

Boomers meet Bitcoin—Washington just rewrote the retirement rulebook.

In a move that'll have financial advisors either cheering or reaching for Xanax, the former president's executive order paves the way for digital assets in tax-advantaged accounts. No more watching from the sidelines as your nephew's Dogecoin moonshot pays for his Bali villa.

The policy shift drops like a mic in three acts:

1.
The Backdoor Bull Run

Suddenly, Wall Street's favorite tax shelter gets a crypto injection. Expect IRA providers to roll out 'blockchain-balanced' portfolios faster than you can say 'volatility.'

2.
The Compliance Tango

Brokerages now face their worst nightmare: explaining private keys to retirees who still print their emails. Good luck charging 2% fees on self-custodied wallets.

3.
The Political Powder Keg

Dems already drafting repeal bills. Biden-era regulators left sputtering about 'casino economics'—as if 401(k)s weren't already gambling on overpriced tech stocks.

One hedge fund manager we spoke to put it best: 'Finally, Americans can lose their life savings in *both* traditional and digital markets!'

Debanking order

Trump signed several executive orders on Thursday, including another one addressing debanking. A fact sheet published by the WHITE House said the order would "ensure that Federal regulators do not promote policies and practices that allow financial institutions to deny or restrict services based on political beliefs, religious beliefs or lawful business activities, ensuring fair access to banking for all Americans."

The order itself directs federal banking regulators, the Small Business Administration and the Treasury Secretary, alongside other officials, to "remove the use of reputation risk or equivalent concepts that could result in politicized or unlawful debanking" within the next six months.

The order itself did not mention crypto, though the fact sheet said the "digital assets industry has also been the target of unfair debanking initiatives."