Newsday: Trump 401(k) order to give Long Islanders more, but riskier, investment

By Victor Ocasio and Brianne Ledda victor.ocasio@newsday.com, brianne.ledda@newsday.com
Updated August 25, 2025 8:48 am

A new Trump executive order would potentially open the door for millions of employees saving for retirement — including on Long Island — to invest their funds in alternative plans, a move that local experts said could benefit younger and wealthier investors but pose risks for those nearing retirement.

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