May 07, 2024

Debt to Dollars: Secure Act 2.0's Student Loan Game-Changer

48 minutes

Do you save for retirement or pay off your student loans? That’s the 64-million-dollar question I’ve been asked repeatedly. The good news is you might not have to choose between the two. Ever heard of the Secure Act 2.0? It was created in 2022, and some pretty cool features were rolled out in 2024, including the provision allowing employers to match retirement contributions in your 401K, 403b, etc., on your behalf when making student loan payments. OK, so what do you need to know? Robert Farrington, the creator of The College Investor and America’s Millennial Money Expert and Student Loan Debt Expert, is back on the show to break down all the ins and outs. I

In this episode, you'll learn

How the Secure Act 2.0 can help you with your money goals (and retirement savings)

The current status of student loan debt forgiveness

How you can roll over money from a 529 college savings plan to a Roth IRA

LINKS

The College Investor website - https://thecollegeinvestor.com

The College Investor 529 Guide - https://thecollegeinvestor.com/529-plan-guide/

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