Bitcoin News Daily Official TheBitTimes.com

President Donald Trump plans to sign an executive order that will allow for American 401(k)s to invest in crypto, real estate and private equity. According to a Bloomberg report that cited sources familiar with the matter, the executive order will direct the Labor Department to clear a path for 401(k)s to invest in those alternative assets. Labor Secretary Lori Chavez-DeRemer will have to revisit Employee Retirement Income Security Act guidance and coordinate with agencies such as the Securities and Exchange Commission (SEC) and Treasury Department on possible rule changes to permit the investments.  Americans Could Soon Gain Exposure To Bitcoin ETFs The executive order could also unlock exposure to spot Bitcoin ETFs (exchange-traded funds) for 401(k) investors.  Up until now, institutional investors have been increasing their crypto exposure, with spot BTC ETFs recording over $53.7 billion in net inflows since their launch in January last year, data from Farside Invest...

Workers aged 60-63 will have the ability to contribute up to $34,750 in 401(k) catch-up amounts starting in 2025 for their retirement plans. Through the Secure 2.0 legislation workers can now enhance their saving capacity just before they retire from their jobs. The current modification stands as one of the largest retirement savings changes in the past years. Also Read: BlackRock Warns: It’s Now Riskier to Ignore Bitcoin Than Own It Maximize 401(k) Catch-Up Contributions And Tax Savings In 2025 Source: Watcher Guru New Age-Based Catch-Up Limits The maximum annual 401(k) contribution that people can make in 2025 stands at $23,500. Workers between 50-59 have the opportunity to maximize their 401(k) catch-up contributions with a total of $31,000 that combines the basic $23,500 with a supplemental $7,500 allowance. Workers who fall between the ages of 60 and 63 can make extra catch-up contributions totaling $11,250 which enables them to accumulate approximately $34,750 by the end of the y...