Retirement Industry Blasts Trump 401(k) Down Payment Proposal

Features January 20, 2026 at 05:23 PM
Share & Print

What You Need To Know

  • President Donald Trump is expected to propose a policy to let Americans tap 401(k)s to purchase homes.
  • One idea floated by his administration is to let savers exchange home equity for cash for down payments.
  • Retirement experts seem to broadly dislike the idea, with some calling it a "political stunt."
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Immediate Answers to Critical Tax Questions At Your Fingertips

Keep up with the latest tax rules and regulations with weekly, exclusive updates by our Tax Facts experts.

Get More Information

Recently Added Q&As

Recently Updated Q&As
What is the temporary “senior deduction” deduction for taxpayers age 65 and over?
Get Answer
Recently Updated Q&As
What is the temporary deduction for auto loan interest?
Get Answer
Recently Updated Q&As
What is the temporary deduction for overtime income?
Get Answer
Recently Updated Q&As
What is the temporary deduction for tip income?
Get Answer
Recently Updated Q&As
What is a high deductible health plan for purposes of an HSA?
Get Answer
Recently Updated Q&As
Are remote workers eligible for leave under the Family and Medical Leave Act (FMLA)?
Get Answer
Recently Updated Q&As
Who must file a return?
Get Answer
Recently Updated Q&As
Can a taxpayer deduct business-related transportation expenses incurred when the taxpayer is not travelling away from home on business?
Get Answer

Related Stories