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

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

Last updated: January 18, 2026 2:48 am
By Emel Akan
1 Min Read
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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

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.

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