YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The Trump administration is reportedly moving to allow 401(k) withdrawals for down payments on homes.
"We’re going to allow people to take money out of their 401(k)s and use that for a down payment," said White House National Economic Council Director Kevin Hassett.
While employees can currently withdraw from their 401(k) plans to make home purchases, taxes and other fees are included.
Read more from Quartz.
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