Biden’s Executive Order Unleashes Crypto in 401(k)s—Boom or Bust for Retirement Funds?

Wall Street meets blockchain: The White House just greenlit crypto for 401(k) plans. Retirement accounts are about to get volatile—and possibly very profitable.

Here’s the breakdown:

The Policy Shift

No more waiting for SEC approval. This executive order bypasses traditional gatekeepers, letting retirement plans dive straight into Bitcoin, Ethereum, and beyond.

The Upside

Younger investors finally get exposure to crypto’s growth potential—without taxable events from self-directed IRAs. Fidelity’s already piloting Bitcoin allocations.

The Catch

401(k) providers still need to play ball. And let’s be real: after the 2022 stablecoin crash, trusting crypto with your life savings? Bold move.

One thing’s certain: financial advisors just got a lot more interesting—or terrifying, depending on your risk tolerance.