Become a Patron! I've written extensively in the past about 529 College Savings Plans, an extremely tax-advantaged method of saving for higher education expenses. Contributions are made after federal and state taxes (although many states offer in-state tax deductions for contributions), compound internally tax-free, and are withdrawn tax-free for "qualified higher education … [Read more...] about The SECURE backdoor into 529 assets
student loans
Three bad and one good way to think about public higher education and tuition
Become a Patron! Elizabeth Warren made a splash this week with her plan to both ensure public higher education is tuition-free and forgive up to $50,000 per student of the existing stock of federal student debt. I already offered my hottest takes on Twitter, but I think a lot of the disagreements surrounding public tuition and student debt revolve around fundamentally … [Read more...] about Three bad and one good way to think about public higher education and tuition
One weird old trick to save money on student loan interest
Back in September I wrote about how structuring your borrowing and investing decisions properly in the first place is superior to continually trying to optimize and re-optimize them. However, there's an important corner case where you're able to optimize your post-borrowing behavior, and that's the case of student loans. Depending on a number of factors including the … [Read more...] about One weird old trick to save money on student loan interest