If you have ever looked at your list of investing choices in the typical 401k plan, it is really limited. Around 70 million people save through a 401k plans via their employer. But they don't have access to the types of investments that wealthy people use to get richer. Wall Street, K Street and Federal employees play by a different set of rules. The investment options have changed since the 1970s, the last time 401k rules were updated. Yet the 401k rules have never made those investments available. President Trump issued an executive order last August. He ordered the Dept of Labor to modernize the 401k rules. This will lead to lower costs and a more diverse retirement portfolio. The rules explicitly ban double fees and sales commissions.(Wall Street Mav)