You might get a tax surprise if you use this account to repay student loans
SDI Productions
Student loan borrowers who want to repay the balance owed with their 529 college savings plan should think twice.
President Donald Trump signed the Secure Act into law last week. It will take effect on Jan. 1.
In addition to changing the way you save for retirement, the legislation also allows you to use up to $10,000 from your 529 college savings plan to repay your qualified…
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.