How Roth IRA Conversions, 401(k) Withdrawals and Other Retirement Moves Affect Student Loan Payments
Retirement plan contributions, transfers, and withdrawals can raise or lower your monthly student loan payments on IBR, PAYE, and REPAYE.
Latest Posts in Retirement
How 401(k) and 457 Retirement Plan Contributions Lower Student Loan Payments
Putting money in a retirement account can mean lower student loan payments and more student loan forgiveness.
The Best Retirement Plan for College Students
If you are a current college student, putting some money in a Roth IRA has some major advantages.
Should I Empty My Retirement Accounts to Pay Off My Student Loans?
Emptying retirement accounts to pay off student loans usually means taxes and penalties, but these risks can be avoided in some cases.
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.
Should I Put Money in a 401(k) or Pay Down My Student Loans?
Having student loans doesn’t mean you should ignore your retirement accounts. In some cases, it is better to save for retirement than it is to pay down debt.
Paying Down Student Loans vs. Investing in a Roth IRA
Deciding between attacking student loans and investing in a Roth IRA usually comes down to interest rates and how much risk you can tolerate.
The Hidden Costs of Paying Off Student Loans Early
Student loan prepayment comes with many advantages, but there are a few downsides that borrowers should understand.
Student Loans, Early Retirement and the FIRE Movement
Student loans make early retirement an even bigger challenge, but it is still possible for borrowers to aggressively save for retirement.