student loan planning for doctors

Student Loan Planning for Doctors: Managing Consolidation, PSLF, and Getting a Mortgage

Michael Lux Blog, Student Loan Plan, Student Loans 0 Comments

Student loan planning can be a tricky subject.  In addition to figuring out repayment plans that work and trying to consolidate to get lower interest rates, this planning necessarily impacts your taxes, retirement and ability to buy a home.  Understanding how these concepts come together is critical to smart planning.  …

student loan tax benefit bill

New Bipartisan Bill Could Save Borrowers Thousands

Michael Lux Blog, News, Student Loans 0 Comments

A new House Bill sponsored by 12 Republicans and 19 Democrats would treat employer contributions for student loan payments like 401(k) contributions. Currently, employer contributions to student loan payments are taxed like normal income.  The new legislation would create an above-the-line deduction allowing employers to assist in student loan repayment …