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Wealth Building
Wealth Building
Student Loans and Your Taxes: How They Work Together
Did you know that your student loans have a big impact on your taxes? That’s right – your student debt influences whether you should file jointly or separately from your spouse, whether or not you’re taxed on the forgiven portion of your loans, and whether you have an additional deduction (if you choose to itemize…
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Is Your Student Loan Grace Period Over?
Are you confused about your student loan grace period? You’re not alone. Many new grads feel frustrated and a little lost about how long their grace period is, and what exactly it means for their student debt. This is especially true of young professionals who have gone through additional schooling – like attorneys and physicians…
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Contribute Now, Save Later: Taxes and Your 401(k)
Most people are aware that their 401(k) is an excellent tool for retirement savings. In fact, Americans with access to a 401(k) plan are making contributions across the board – 52% of millennials, 75% of Gen X, and 80% of baby boomers contribute regularly. The majority of people who contribute on a regular basis are…
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Are You Saving Money During Benefits Enrollment?
People often view open enrollment season at their office as a time where they need to check a box that basically ensures that they continue to get the coverage they’ve always had. People are creatures of habit, and the idea of reviewing your coverage and making changes can be both overwhelming and unsettling. Not to…
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