4 Ways to Save for Retirement AND Eliminate Student Loan Debt
Some advanced student loan repayment strategies allow borrowers to eliminate student debt and contribute to retirement accounts like a 401(k) or IRA.
Some advanced student loan repayment strategies allow borrowers to eliminate student debt and contribute to retirement accounts like a 401(k) or IRA.
If your employer doesn’t qualify for PSLF, none of your payments count — no matter how long you’ve been making them. Here’s how to verify your eligibility the right way.
The SAVE Interest Subsidy is a great resource for borrowers, but if you make payments larger than the minimum, you reduce or eliminate the benefit.
Enrolling in the new SAVE plan can mean extra help from the government on your student loan interest.
The SAVE interest subsidy makes it the best repayment plan for borrowers struggling to keep up with their federal student loans.
A second Trump presidency could bring significant changes for student loan borrowers, including the taxation of forgiven debt, the end of new forgiveness initiatives, and uncertainty surrounding the SAVE plan and PSLF.
Student loan prepayment comes with many advantages, but there are a few downsides that borrowers should understand.
In some cases it is smart to make extra student loan payments. Other times, paying more than the minimum is a waste of money.
Learn how to locate your AGI and use it to improve student loan repayment options and access tax benefits.