Executive Branch

Trump to Unveil Plan Allowing Homebuyers to Use 401(k) Funds for Down Payments

The president will announce the final plan in Davos next week, White House economic adviser Kevin Hassett said.
Trump to Unveil Plan Allowing Homebuyers to Use 401(k) Funds for Down Payments
A for-sale sign is posted in front of a home in Las Vegas, Nev., on Aug. 8, 2025. Justin Sullivan/Getty Images
Emel Akan
Emel Akan
Reporter
|Updated:
0:00

WASHINGTON—President Donald Trump will unveil a plan next week that would allow Americans to withdraw funds from their 401(k) accounts to use for a home down payment.

White House National Economic Council Director Kevin Hassett announced the plan during an interview with Fox Business on Jan. 16, adding that the details of the proposal are still being finalized.
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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