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Retail Access: Alternative Investments in DC Plans

The White House

Retail Access: Alternative Investments in DC Plans

Executive Summary

Amidst changes in the composition of US capital markets and the US retirement system towards private markets and defined contribution plans, this paper studies the implications of broadening retail investor access to “alternative investments” through defined contribution plans. The Council of Economic Advisers (CEA) finds that:

https://www.whitehouse.gov/research/2025/08/retail-access-to-alternative-investments-via-defined-contribution-plans/

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