2021 Practice Progress Series: College Savings and Student Debt: 529 Plans, Student Loans and Financial Wellness
Sources say the aggregate amount of student loan debt carried by workers in the U.S. has now exceeded the amount of credit card debt. Though for some, student loans represent “good debt,” others are being financially drained by unattainable monthly payments, making the goal of saving for retirement or a home purchase seem like a pipe dream.
This hourlong editorial webinar will focus on employee financial wellness and, specifically, on planning for education expenses through 529 college savings plans. Budgeting and debt management will also be considered, as will the “hierarchy of savings.”