News@lemmy.worldEnglish · 1 day ago

Private equity wants a piece of your 401(k) — and hopes Trump can make it happen

finance.yahoo.com

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Private equity wants a piece of your 401(k) — and hopes Trump can make it happen

finance.yahoo.com

News@lemmy.worldEnglish · 1 day ago

Private equity firms are hoping that the new Trump administration makes it easier for them to access something they have long wanted: your 401(k).

Looks like they want to play with our retirement money…

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IHawkMike@lemmy.world
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20 hours ago
Yeah I was terrified of the headline at first, but after reading the article came to the same basic conclusion as you.

At first I thought they were going to find a way to trade our 401(k)s without our consent like the mortgage-backed securities from pre-2008.

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