Should Crypto and Private Equity Be in Your 401(k)? A CFP Breaks It Down

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Business

4.7 • 1.5K Ratings

🗓️ 20 February 2026

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

Are private equity, private credit, and crypto coming to your 401(k)? And if they do, should you invest? In this episode, Jean Chatzky sits down with CFP® professional and Summit Place Financial founder Liz Miller to break down the new push to allow alternative investments, such as private equity, private credit, and cryptocurrency, in retirement accounts. In This Episode We Cover: What private equity and private credit actually are (in plain English) Why Wall Street is eager to bring alternative investments into 401(k)s The truth about private equity fees (including the “2 and 20” model) How much crypto is reasonable in a diversified portfolio Tax pros and cons of holding crypto in a 401(k) vs. a brokerage account Why illiquidity matters in retirement investing ✨ Want deeper investing conversations, live market breakdowns, and portfolio strategy guidance? Join the HerMoney Investing Club. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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1:02.3	What we both know about Wall Street, which is if there's a product they can sell,
1:08.2	they're going to be excited to figure out how to keep repackaging it
1:11.5	for more and more and more investors.
1:14.1	And I, you know, cynically think that's what's happening with all of these.
1:18.1	To get this allowable in a 401k for an everyday person is recapturing something that for
1:24.9	years, you know, sounded like the sexy elite investment.
1:30.7	Hey everyone, welcome to Hermione. I'm Gene Chatsky. If you have been following the headlines or
1:36.8	even just trying to keep up with what's going on inside your 401k, you might have noticed that
	...

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