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Just in time for the vacations, the Setting Every Community Up for Retirement (SECURE) Act was signed into legislation on Friday, December 20, 2019. The Act, which was probably the most important piece of retirement laws launched in over a decade, consists of provisions to assist people save extra for retirement and obtain monetary safety….
There are a couple of choices for deducting student loan curiosity and student loan funds in your federal earnings tax returns, together with the student loan curiosity deduction, certified distributions from a 529 faculty financial savings plan, employer student loan compensation help packages and student loan forgiveness. You could possibly deduct all or a part…
Image: XiXinXing (Shutterstock) College students may not like the shift to online classes this fall—but there could be a silver lining: spending less money on room and board. While some schools aren’t offering housing refunds, you may get your money back—which could mean leftover money in your 529 college savings account. Thanks to the SECURE…