Student Loan

Garnishment of benefits are on hold

In yesterday’s headline article: “Are you at risk of a smaller benefit due to defaulted student loan?” the U.S. Department of Education announced it would begin to garnish Social Security benefits on those individuals who have defaulted on their student…

Immediate expenses win over saving for retirement

A new survey by the consulting firm Buck found employees would prefer a “$500 pay increase to a $500 increase in contributions made to a retirement plan.” Also, the researchers report that over three-quarters of the employees surveyed said they…

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