Trump wants your 401(k) to access crypto and private equity. Here’s what to know.

President Trump says he wants to democratize retirement by allowing 401(k)s to invest in so-called alternative investments, or strategies outside stocks and other traditional investments, such as private equity and cryptocurrencies.  The executive order signed by Mr. Trump on Thursday would open the door to higher-risk investments landing in your 401(k). It could also potentially…