Bull run clear sign! Trump signs executive order allowing $9 trillion US 401k retirement funds to invest in Crypto Assets!

Many brothers are curious, what is a 401K retirement fund?
A tax-deferred retirement plan established in 1981, with relevant provisions in Section 401 of the Internal Revenue Code, hence referred to as 401K.
The 401K is applicable to employees of private companies and is a corporate supplementary pension insurance system jointly funded by employers and employees. It has become the primary retirement plan for employees in private companies in the United States.
Employers will establish a 401K account for each employee, and employees can contribute a certain percentage of their salary each month, approximately 1% to 15% of their salary, not exceeding the limit of ( to that account. Employers will also match )employer match( a certain percentage amount to the employee's 401K account.
The money invested in a 401K account does not need to be reported for tax purposes; only when employees withdraw at the designated age does it count as income that needs to be reported for personal income tax.
●Current 401K scale: about 9 trillion, available financial products:
1. Stocks cannot be purchased or invested in individually.
2. Optional financial products can only come from the 401k fund management companies selected by the employer. The recent executive order by Trump allows 401k retirement funds to invest in Crypto Assets!
In fact, it is not your own choice; the risk preference and specific product selection are not something you can determine. You can only choose products from the fund companies locked in by your employer within a limited range.
●Annual contribution limit: In 2025, the limit for contributions to the 401)k( plan will be further increased to $23,500, an increase of $500 from the previous year.
●Eligibility: Enterprises with providers, there are no special restrictions on income.
●Benefits: Deferred tax payment, exemption from income tax on interest, dividends, and investment gains within the account.
●Minimum withdrawal age limit: Withdrawals can be made after the age of 59.5, with a 10% penalty for early access.
●Mandatory withdrawal age: After reaching the age of 70.5, a portion of the funds must be withdrawn each year, and no further deposits can be made; otherwise, penalties will occur. ) The main purpose of this is to stimulate consumption. (.
●Special conditions for early withdrawal: payment of large medical bills / becoming a disabled person / unemployment for 12 weeks allows withdrawal for health insurance payments / account holder's death / leaving, being laid off, fired or retiring early after age 55. )