Clients using defined contribution plan loans may have deeper cash flow stress, according to a new report. The analysis from EBRI in collaboration with JPMorgan Asset Management reveals that when ...
Hundreds of thousands of federal student loan borrowers thought a new income driven plan would finally make their payments manageable, only to be told they do not qualify. Instead of lower bills and a ...
Health expenditures increased by at least 10% the same year in 51% of households in which a retirement plan participant took a plan loan. Participants who took loans from their 401(k) plans in 2021 ...
Lower-income borrowers will see a greater increase in payments compared to typical college graduates The newly created Repayment Assistance Plan will be available in less than a year. For many student ...
Forbes contributors publish independent expert analyses and insights. Adam Minsky is an attorney and writer focusing on student loans. The Trump administration announced an agreement on Tuesday to ...