Lawmakers are urging the U.S. Securities and Exchange Commission (SEC) to expedite the implementation of a presidential executive order aimed at expanding investment options within 401(k) retirement plans to include alternative assets, such as cryptocurrencies. This push signifies a potential paradigm shift in retirement savings, with proponents arguing it could unlock greater potential for growth and diversification for millions of Americans.
A group of U.S. House Representatives, including key figures from the House Committee on Financial Services, have formally communicated their support for Executive Order 14330, signed by President Donald Trump on August 7, 2025. The core tenet of this order is to grant individuals participating in 401(k) plans access to a broader spectrum of investments, moving beyond traditional stocks and bonds to encompass assets like real estate, private equity, and notably, digital assets.
The congressional letter emphasizes the significant potential impact of this initiative, estimating that up to 90 million Americans could benefit from expanded investment choices. The representatives articulate a belief that broader access to alternative assets, when deemed appropriate by a plan’s fiduciary, could lead to enhanced risk-adjusted returns, ultimately bolstering retirement security. They are calling on the SEC and the Department of Labor to swiftly enact necessary regulatory changes to facilitate this.
Furthermore, the lawmakers have requested the SEC’s assistance in reassessing existing regulations and guidance, alongside a review of bipartisan Congressional proposals concerning accredited investor status. This suggests a multifaceted approach to overcoming potential barriers to entry for these new investment avenues. The overarching objective, as stated in their communication, is to empower a larger segment of the American workforce to secure a more comfortable and financially stable retirement.
The concept of integrating cryptocurrencies into 401(k) plans is not entirely novel. Financial institutions have previously explored this territory, with Fidelity notably becoming an early adopter in April 2022 by allowing employers to offer Bitcoin as a retirement contribution option. More recently, discussions in late 2023 around the approval of spot Bitcoin Exchange-Traded Funds (ETFs) were posited as a catalyst that could further normalize and accelerate the inclusion of digital assets within these crucial retirement vehicles.
Maxwell Reed is the first editor of Cryptovista360. He loves technology and finance, which led him to crypto. With a background in computer science and journalism, he simplifies digital currency complexities with storytelling and humor. Maxwell began following crypto early, staying updated with blockchain trends. He enjoys coffee, exploring tech, and discussing finance’s future. His motto: “Stay curious and keep learning.” Enjoy the journey with us!