Tag Archives: student loan
Things Student Loan Borrowers Should Avoid Doing in the Next 5 Months
Student Loan borrowers are currently experiencing unprecedented times. Interest and payments for almost all federal student loans have been on pause for the last two years. The current student loan system is undergoing serious changes due to the Biden Administration … Continue reading
529 College Savings Plan Distributions – Use It Or Lose A Piece Of It
While you may have received little or no tax benefit of saving for your children’s college education through the years, when made correctly, distributions from 529 plans will be free from tax. Nevertheless, there are several things to bear in … Continue reading
The Student Loan Interest Deduction May Not Be Worth The Paper It’s Printed On
If you are one of the over 70 percent of college students using an average of almost $30,000 in student loans to cover the ever escalating costs of obtaining a degree, some tax benefits of repaying the loan may be … Continue reading
Are You Suffering From Tax Procrastination?
As the end of tax season draws near and the major league baseball season gets into full swing, approximately 30% of American taxpayers are yet to file their taxes. In fact, it can be argued that tax procrastination has supplanted … Continue reading