President Trump is preparing to roll out a housing pitch built around Americans‘ retirement savings. National Economic Council Director Kevin Hassett said Friday that Trump.
President Trump is preparing to roll out a housing pitch built around Americans‘ retirement savings. National Economic Council Director Kevin Hassett said Friday that Trump will unveil a proposal at next week’s World Economic Forum in Davos that would let people tap their 401(k) accounts to help cover a down payment on a home, Bloomberg reports. The idea, Hassett told Fox Business, is that a portion of the home’s equity would then be treated as an asset inside the 401(k), allowing the retirement account to keep growing over time.
