Student loan debt has nearly tripled over the last 10 years. As a result the IRS has announced a cost neutral way for employers to help pay down student debt while getting employees to save for retirement.




New Focus on Wealth with Chad Burton show

Summary: At the moment student debt and auto loans are the most concerning issues our economy faces, so much so that the IRS released a private letter ruling that could make it easier for employers to use 401ks to assist employees in repaying student loans. Other topics include: • Is there a housing bubble? • Retirement saving options for self employed individuals • 401ks vs. Roth 401ks • The Social Security train wreck • Itemized deductions & charitable contributions under the new tax law