Below you'll find a list of all posts that have been tagged as “couples”
In most marriages, couples share their finances. Each spouse contributes their income to the family coffers, while each spouse treats the other’s debt as a shared obligation. Because of this shared effort to pay off debt, cosigning a spouse’s refinanced or consolidated student loan sounds like a no-brainer. Cosigning a …
The Covid-19 student loan payment and interest freeze may impact the 2020 tax returns of many borrowers. The obvious impact is the potential for a smaller student loan interest deduction. Fortunately, this particular loss will be small or non-existent for most borrowers. Beyond the obvious, married borrowers may need to …
Like it or not, student loans can have a huge impact on a marriage Student loans affect a couple’s ability to pay for a wedding, have kids, and retire Couples with student debt need to plan tax strategy carefully The Marriage Penalty for student loan borrowers is a real problem …
The Revised Pay As You Earn Plan, nicknamed the REPAYE plan, is a bit of a mixed bag for married couples. For some, it is a considerable benefit, potentially saving hundreds of dollars each month. For others, it might seem like a good deal, but it could be a huge …
