As January 20th approaches, people in this business will question what a second Trump administration means for 401(k) plans. I don’t know because Donald Trump works outside the lines compared to other people in politics.
He has some tax legislation to foster, and I imagine the fiduciary rule proposed by the Biden-led Department of Labor (DOL) might be withdrawn. I also think Bitcoin might get approval by the DOL to appear on fund lineups via a spot Bitcoin exchange-traded fund. What else might happen? Your guess is as good as mine.
