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Retirement Plans Poised to Benefit From Student Loan Forgiveness
The Biden administration’s plan to forgive student-loan debts may be a boon for retirement plans, too
wsj.com
Retirement Plans Poised to Benefit From Student Loan Forgiveness
Financial planners are hopeful that those who receive the government’s student loan forgiveness will have more money for other goals.
Retirement Plans Poised to Benefit From Student Loan Forgiveness
Financial planners are hopeful that those who receive the government’s student loan forgiveness will have more money for other goals.
Link to tweet
MARKETS | FINANCE
Retirement Plans Poised to Benefit From Student Loan Forgiveness
Financial planners are hopeful that those who receive government’s forgiveness will have more money for other goals
Deficit Reduction Will Pay for Student Loan Forgiveness, Biden Says
By Justin Baer
https://twitter.com/justinbaer
justin.baer@wsj.com
Aug. 26, 2022 8:00 am ET
The Biden administration’s plan to forgive student-loan debts may be a boon for retirement plans, too.
The program, which will forgive up to $20,000 in federal student loans, will lower the debt burdens of tens of millions of Americans. It is way too early to know what all of those borrowers decide to do with the money they had set aside to pay down student loans; they could opt to pay off credit-card debt, make a major purchase or even set up an emergency fund that would cover their expenses in the event of job loss.
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Retirement Plans Poised to Benefit From Student Loan Forgiveness
Financial planners are hopeful that those who receive government’s forgiveness will have more money for other goals
Deficit Reduction Will Pay for Student Loan Forgiveness, Biden Says
By Justin Baer
https://twitter.com/justinbaer
justin.baer@wsj.com
Aug. 26, 2022 8:00 am ET
The Biden administration’s plan to forgive student-loan debts may be a boon for retirement plans, too.
The program, which will forgive up to $20,000 in federal student loans, will lower the debt burdens of tens of millions of Americans. It is way too early to know what all of those borrowers decide to do with the money they had set aside to pay down student loans; they could opt to pay off credit-card debt, make a major purchase or even set up an emergency fund that would cover their expenses in the event of job loss.
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SIGN IN