This amendment applies to 401(k) plans, 403(b) plans, SIMPLE IRAs, and governmental 457(b) plans.
Student loan forgiveness is normally taxable and reported to the IRS on a 1099-C, but there are big exceptions.
While your student loans may be a daunting sum, it is still possible to build wealth even while paying off student debt.
You might think that you can’t qualify, but many well-paid families are eligible.
For those who do not want to be investors, a fast-track repayment may be best. But for those willing to save and invest, there is a better option.
Such a well-intentioned program which steals our youth, our love, our happiness, our faith and our self-esteem.