Executive Branch

Trump Rejects Proposal to Let Homebuyers Use 401(k) Funds for Down Payments

The president says he is not ‘a huge fan’ of the idea as retirement funds perform better than home values.
Trump Rejects Proposal to Let Homebuyers Use 401(k) Funds for Down Payments
U.S. President Donald Trump speaks to reporters aboard Air Force One while traveling from Shannon, Ireland, to Joint Base Andrews, Md., on Jan. 22, 2026. Mandel Ngan/AFP via Getty Images
Emel Akan
Emel Akan
Reporter
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ZURICH, Switzerland—President Donald Trump said on Jan. 22 that he rejected a proposal to allow Americans to withdraw money from their 401(k) accounts for home down payments. He said that retirement funds typically outperform the housing market and prefers that individuals keep their savings in 401(k)s.

“I’m not a huge fan” of the proposal, Trump told reporters aboard Air Force One while returning to Washington from Davos.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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