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Donald Trump to unveil home buying plan involving retirement funds

Source: BBC

US President Donald Trump is set to announce a plan that would let Americans use their retirement savings for down payments on homes.National Economic Council Director Kevin Hassett, who hinted at the plan on Friday, offered few details about how withdrawals from US workplace retirement accounts - known as 401(k)s - would work."Suppose that you put 10% down on a home, and then you take 10% of the equity of the…

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Read the original source at BBC