“In the past 13 months, “The typical 401(k) … is up almost $30,000.”
What PolitiFact found
The stock market has gone up during President Donald Trump’s second term, but his $30,000 figure for average 401(k) gains is not supported. Fidelity Investments data shows that during the majority of Trump’s second term, average 401(k) account balances have risen by $9,454, or about one-third of the $30,000 figure Trump cited. No age group saw an increase beyond about $16,000.
Their words, from the summary they publish with the rating.
In short
Donald Trump (president) made this claim around 23 June 2026. PolitiFact (United States) looked into it and published its finding on 25 June 2026, 2 days later. Its rating was “Mostly False”.
Donald Trump has 1,168 checked claims in this archive. Fact-checking organisations rated 663 of them false or fake, 375 misleading or mixed and 13 true.
Where the claim appeared
- rollcall.comhttps://rollcall.com/factbase/trump/transcript/donald-trump-speech-mack-trucks-macungie-p…
Links recorded by PolitiFact. Some posts may have been deleted since.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.