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This debt “can hurt their ability to take on long-term financial planning because they are concerned with reaching a zero point,” says one therapist.
May 11 -
More than 25 million workers resigned and left at least one retirement account with their former employer between 2004 and 2013, according to the U.S. Government Accountability Office.
April 30 -
The added savings could be used to pay off student loans as well as increase mortgage payments and retirement plan contributions.
March 6 -
Contributing to a retirement account while paying off student debt is a way for clients to see that compound interest can work for them.
October 20 -
Thinking outside the box may help the budding advisor survive the lean early years.
October 13 -
Advisors' best strategies for dealing with college loans.
September 20 -
The answer is in the investment details. If your employer offers a match, contribute at least enough money to get it since matches amount to "free money."
September 12 -
Fifth Third Bank tweaks microinvesting premise with software that rounds up debit card purchases to help pay back educational loans.
September 5 -
Fintech entrepreneurs with a common mission: to help planners, not disrupt them.
August 30 -
A 2014 law lets clients disabled before the age of 26 to save as much as $14,000 annually without facing any tax burden.
May 19 -
"This space is getting more diverse, and change is coming from all directions," says Alois Pirker, research director for Aite Group's Wealth Management practice.
May 17 -
Dependent care flex spending accounts can help clients mitigate child care costs, but also reduce tax credits otherwise available.
March 31 -
Retirees on Social Security can expect the government to garnish a portion of their benefits if they fail to make student loan payments.
January 31 -
The likelihood of periodic volatility is concerning to retirees, but it's important to try to keep clients calm.
October 20 -
These strategies show how the IRS may be able to take the bite out of student loans. Plus, Roth IRA losses and the benefits of owning company stock.
September 23 -
This investing move is applicable whenever market conditions call for it. Plus, a deduction that may take some of the bite out of student loans.
September 9 -
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Digital wealth management firms see the way to reach millennial clients is through student debt.
August 3 -
Consolidating student loans may help reduce payment obligations, but think twice about private refinancing.
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