BREAKING: Trump Eyes Executive Order to Put Bitcoin in 401(k) Plans—Brace for Crypto Retirement Revolution

Washington's latest financial curveball? The former president is reportedly drafting an executive order that could slam Bitcoin onto 401(k) menus nationwide. Forget boring bond allocations—this move would let retirement accounts ride crypto's volatility rollercoaster.

Wall Street's gonna hate it. Main Street might love it. And your financial advisor? Probably updating their LinkedIn profile already.

The details: While traditionalists scream about 'irresponsible risk,' proponents argue it's high time retirement investing caught up with the 21st century. No word yet on whether the order includes a mandatory 'HODL through crashes' clause.

One cynical footnote: After decades of failing to fix Social Security, politicians suddenly want to help you gamble your retirement on digital assets. How convenient.

Key Takeaways

• President Trump is considering an executive order to allow bitcoin in 401(k) plans.
• The U.S. Labor Department recently rescinded restrictions on bitcoin in retirement accounts.
• Other countries and U.S. states are also exploring bitcoin for retirement funds.

President Donald TRUMP is reportedly considering signing an executive order that could allow American 401(k) retirement plans to broaden their investment options to include alternative assets such as bitcoin.

According to the Financial Times, sources briefed on the matter expect the order could be signed this week.

Executive order would direct regulatory review

If enacted, the executive order WOULD instruct federal agencies in Washington to explore ways for 401(k) plans to invest in digital assets, metals, infrastructure funds, and private loans.

The review would also address any remaining regulatory barriers to enabling such investments.

This marks a potential shift from current practice, where 401(k) plans are typically limited to mutual funds, stocks, exchange-traded funds, and bonds.

As of September 2024, the 401(k) market held $8.9 trillion in assets across more than 715,000 plans.

White House response and recent regulatory changes

Despite these reports, WHITE House spokesman Kush Desai cautioned that nothing is official until directly confirmed by President Trump. Desai stated:

“No decisions should be deemed official, however, unless they come from President Trump himself.”

In May, the U.S. Labor Department rescinded Biden-era guidance that had restricted the inclusion of Bitcoin in retirement plans, signaling a shift in regulatory posture.

Financial services giant Fidelity, which manages $5.9 trillion in assets, also recently introduced retirement accounts allowing bitcoin investments.

International interest in bitcoin retirement allocations

Globally, there is growing interest in including bitcoin in pension and retirement portfolios.

In the United Kingdom, a pension scheme reportedly allocated 3% of its fund to bitcoin in late 2024.

Meanwhile, Japan’s Government Pension Investment Fund has considered adding bitcoin as a diversification tool.