College Savings

student loan repay income based payments

Is An Income-Driven Repayment Plan Best for Me?

Many people with student loan payments don’t realize they have multiple options for repaying their student loans easier. One option is the income-driven repayment plan that the federal government offers for loans owned by the US Department of Education. The key to income-driven student loan payment is that your student loans are forgiven at the …

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529 plan tax law changes states

Can I Use My 529 Plan to Pay For K-12 Expenses

A 529 plan is a tax-advantaged account that allows saving and investing for college expenses. Before last year’s new tax law was passed, one got tax-deferred growth in the account, and tax-free withdrawals for qualified college expenses. Even better, there were very few 529 contribution limits on most plans. Now, the recent tax law has …

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